Dow drops over 600 points, posts worst day of year after weak economic data, hawkish Fed remarks erase inflation cheer

U.S. stock indexes finished sharply lower on Wednesday, with both the Dow Jones Industrial Average and the S&P 500 index booking their worst day in over a month, after data on falling retail sales...

Wall Street’s ‘fear gauge’ flashes warning that stocks might be headed off a cliff

Wall Street’s fear gauge has fallen to its lowest level in months, and Wall Street strategists are concerned it could be a warning that the latest stock-market rally is coming to an end. Specifically,...

U.S. stocks could fall 10% as ‘pain trade’ takes hold before bouncing back later in the year

The year ahead is promising not to be an easy one for investors as a recession threat looms, but Bank of America is offering some advice on when things might get easier. The bad news is things might g...

Opinion: Opinion: The debt ceiling is a farce, not a crisis

AUSTIN, Texas (Project Syndicate)—In his bid to become speaker of the U.S. House of Representatives, Kevin McCarthy apparently agreed to a demand, voiced by Republican Congressman Ralph Norman of Sout...

Why the stock market isn’t impressed with the first monthly decline in consumer prices in more than 2 years

Inflation data may no longer be the big catalyst for stocks that it once was. U.S. stocks bounced around to a higher close on Thursday, even though investors received some encouraging inflation news a...

Dow surges 700 points Friday, S&P 500 snaps four-week losing streak after employment report shows wage gains cooled in December

U.S. stocks ended sharply higher Friday, with the Dow jumping 700 points, after an employment report showed wage gains slowed in December. The report fueled hopes that the Federal Reserve’s interest r...

Treasury yields plunge on raft of U.S. data, handing 30-year rate biggest weekly decline since March 2020

Treasury yields plummeted on Friday after U.S. economic data pointed to signs of slowing wage growth and broadening weakness in the economy, sending the policy-sensitive 2-year rate into its biggest o...

Citi has just cut its rating on U.S. stocks to underweight. Here’s why and what it prefers.

While leading indicators seem to be suggesting both that the U.S. economy is headed for a downturn and that price pressures are cooling, the Federal Reserve seems determined to wait until CPI falls fu...

Dow ends down nearly 350 points after jobs data, hawkish Fed comments hammer stocks

U.S. stock indexes ended another choppy session in the red on Thursday as investors digested a fresh batch of labor-market data and hawkish commentary from Federal Reserve officials, while looking ahe...

Fed to stock market: Big rallies will only prolong painful inflation fight

It was a “don’t make me come back there” moment from the Federal Reserve. A line from the minutes of the central bank’s December policy meeting released Wednesday afternoon was taken by analysts and e...

Forget recession — the U.S. is heading for a ‘slowcession’ that could last all year, Moody’s warns

Even if the U.S. avoids a recession in 2023, American consumers and investors could face a grinding slowdown that likely won’t let up until 2024, according to a new outlook published by Moody’s Analyt...

Michael Burry of ‘Big Short’ fame expects another ‘inflation spike’ after recession rocks U.S.

U.S. inflation may be receding for now, but investors should brace for another “spike” in the not-too-distant future, according to Scion Asset Management founder Michael Burry, who posted the warning ...

The U.S. dollar surrendered its status as the world’s premier safe haven in Q4. Here’s how.

The U.S. dollar’s status as one of the few dependable safe havens for investors during this year’s market mayhem started to erode during the fourth quarter, even as the greenback posted its biggest ye...

Treasury yields post record rise in worst year ‘within any of our lifetimes’ for bond investors

Treasury yields moved mostly higher in a holiday-shortened session Friday, capping a brutal, record-breaking bond-market selloff in 2022. Trading in U.S. fixed-income markets closed an hour early at 2...

Opinion: Opinion: Trump’s low tax payments are what happens with a too-complex tax code

People tend to have one of two reactions to the revelation that former President Donald Trump paid little to no taxes in recent years: He’s either an amoral tax cheat or he’s smart. To me, it reveals ...

Stocks got wrecked by rate shock in 2022. Here’s what will drive markets in 2023

2022 is over. Take a breath. Investors were understandably eager to ring the bell on the stock market’s worst year since 2008, with the S&P 500 SPX, -0.25% falling 19.4%, the Dow Jones Industrial ...

U.S. stocks fall on last trading day of 2022, booking monthly losses and worst year since 2008

U.S. stocks ended lower Friday, booking their worst annual losses since 2008, as tax-loss harvesting along with anxieties about the outlook for corporate profits and the U.S. consumer took their toll....

Is the U.S. stock market open the day after New Year’s?

Many investors likely can’t wait for a brutal 2022 to end. Stocks are facing their worst annual performance since 2008, while bond returns are the worst in decades or, in some cases, in history. The c...

Busquets Receives Huge Offer From Saudi Arabia

Sergio Busquets has reportedly received a huge offer from Saudi Arabia. Getty Images FC Barcelona star Sergio Busquets has received a huge offer to continue his football career in Saudi Arabia with Al...

Dow up over 350 points, stocks rebound after jobless claims data deemed ‘welcome news for the Fed’

U.S. stocks advanced on Thursday afternoon, erasing losses from earlier in the week during the second-to-last trading session of the year. The main indexes built on premarket gains after U.S. weekly j...

Donald Trump paid $0 in taxes in 2020. He’s not alone: 60% of households paid no federal income tax that year, but for very different reasons.

It’s not that unusual. Former President Donald Trump and his wife, Melania, paid $0 in income taxes for 2020, according to a report released late Tuesday by the congressional Joint Committee on Taxati...

Dow ends over 350 points lower as investors weigh housing data, 2023 recession concerns

U.S. stocks finished sharply lower on Wednesday, as investors assessed economic data on the housing market amid concerns over rising interest rates and economic growth in 2023. How stock indexes trade...

‘Five days that killed the year’: These trading sessions accounted for 95% of the S&P 500’s losses in 2022

Just five trading sessions accounted for more than 95% of S&P 500 index losses in 2022, according to an analysis by Datatrek co-founder Nicholas Colas in a note published Wednesday, as stocks head...

This asset will crush all others in 2023, says hedge-fund manager who nailed one big call of 2022

As 2022 winds down and investors reflect on a horrendous year, they can take some comfort in the fact that the big guys also had their share of misses. Among them is Harris Kupperman, the president of...

Asian shares rise in thin holiday trading, with U.S., European markets closed

BANGKOK (AP) — Shares rose Monday in Asia in thin post-Christmas holiday trading, with markets in Hong Kong, Sydney and several other places closed. Tokyo’s Nikkei 225 index NIK, +0.65% gained 0.6% to...

U.S. stocks end higher, but S&P 500 logs 3rd straight weekly decline ahead of Christmas

U.S. stocks ended higher in a choppy, preholiday session Friday as an inflation report and a raft of other data did little to change expectations that the Federal Reserve would likely continue hiking ...

Treasury yields end higher after U.S. inflation reading

Treasury yields ended a holiday-shortened New York trading session higher on Friday, cementing a weekly increase, after the release of the U.S. personal consumption expenditure price index, the Federa...

Dow ends nearly 350 points lower after strong economic data, bearish comments by David Tepper fuel worry about rate hikes

U.S. stocks ended well off session lows but still fell sharply, after a round of upbeat economic data and a warning from hedge-fund titan David Tepper that he was “leaning short” against both stocks a...

This 28-year-old negotiated her pay to $500,000 — and found work-life balance

After growing her salary from $100,000 to $500,000 over a five-year period through switching jobs and negotiating, Amy, now 28, wanted the kind of work-life balance that would allow her to spend more ...

Benchmark Treasury yields firm but near recent lows on slowdown fears.

Longer-term bond yields rose on Monday, but remain near 3-month lows as investors continue to fret about a global economic slowdown. What’s happening The yield on the 2-year Treasury TMUBMUSD02Y, 4.18...

The stock market is tumbling because investors fear recession more than inflation

A stock-market paradox, in which bad news about the economy is seen as good news for equities, may have run its course. If so, investors should expect bad news to be bad news for stocks heading into t...

Still a bear market: S&P 500 slump signals stocks never reached ‘escape velocity’

The S&P 500’s close below 3,900 on Thursday signaled the stock market’s rally off the October lows was merely a “tactical bounce,” according to a top Wall Street chart watcher. “The market’s 20-da...