To gauge the panic-like activity of bank investors in the wake of the recent failures of SVB Financial Group’s SIVB, Silicon Valley Bank and Signature Bank SBNY, -22.87%, investors can check out the N...
Tag: S&P 500 Index
Oil and gas stocks suffer broad selloff as crude prices drop in wake of SVB collapse
The energy sector was suffering a broad selloff Monday, as worries that the recent bank failures will trigger an economic slowdown which saps demand for crude oil. The Energy Select Sector SPDR exchan...
Western Alliance Bancorp stock set to suffer record selloff of over 60% to 10-year low in wake of SVB collapse
Shares of Western Alliance Bancorp WAL, -74.87% took a 62.4% plunge toward a 10-year low in premarket trading Monday, adding to last week’s tumble in the wake of the collapse of SVB Financial Group’s ...
Hercules Capital said it has ‘ample liquidity’ to support requirements, but stock keeps falling
Hercules Capital Inc. HTGC, -11.14% looked to reassure investors on Monday by saying it was working with bondholders, stakeholders and stockholders to “navigate challenges” created by the decision by ...
SVB collapse means more stock-market volatility: What investors need to know
It’s all eyes on federal banking regulators as investors sift through the aftermath of last week’s market-rattling collapse of Silicon Valley Bank. The name of the game — and the key to a near-term ma...
What’s next for stocks after SVB collapse and as crucial inflation reading looms
Investors are preparing for the release of a U.S. consumer-price index that may show no meaningful letup in inflation, leaving few safe places to hide just as systemic risks may be growing. Coming jus...
GM stock slips after disclosing ‘voluntary separation program’ resulting in $1.5 billion employee separation charges
Shares of General Motors Co. GM, -1.63% slipped 0.1% in premarket trading Thursday, after the automaker announced a voluntary separation program (VSP) that is expected to lead to an employee separatio...
GE stock jumps toward near 2-year high after affirming 2023 outlook at investor gathering
Shares of General Electric Co. GE, +7.55% rallied 2.6% toward a near two-year high in premarket trading Thursday, after the aerospace, power and renewable energy company affirmed its full-year guidanc...
This fund has increased its dividend for 56 straight years. Now it’s snapping up GE.
Markets are nearing the end of a tough week, with one more hurdle to go after Fed Chairman Jerome Powell set investors straight on his willingness to go to the mat on inflation. Next up is Friday’s no...
Tesla stock falls nearly 3%, heads toward 4th straight loss
Shares Tesla Inc. TSLA, -3.04% slumped 2.8% toward a five-week low in premarket trading Thursday, putting them on track for a fourth straight loss, amid Wall Street concerns over Chief Executive Elon ...
SVB Financial stock plummets toward biggest one-day selloff in 23 years after stock offering, large losses on securities sales
Shares of SVB Financial Group SIVB, +0.16% plummeted 30.6% to pace all of the S&P 500’s SPX, +0.14% premarket losers on Thursday, which puts them on track for the worst one-day performance in 23 y...
JD stock rises after profit beat and dividend initiated, while revenue comes up shy
The U.S.-listed shares of JD.com Inc. JD, +0.88% rose 1.0% in premarket trading Thursday, after the China-based ecommerce company beat fourth-quarter profit expectations and initiated a dividend, but ...
Stock market could ‘take it hard’ as expectations grow for a 6% fed funds rate
U.S. stock investors are clearly not too happy with what Federal Reserve Chairman Jerome Powell has said in the past two days. And there’s reason to think they’ll get even more dissatisfied in the wee...
Fed may stutter-step at end of interest rate hiking cycle for first time since 1990
U.S. financial markets are taking a more cautious approach as they forecast future Federal Reserve interest-rate decisions after Chair Jerome Powell said policymakers will likely need to raise interes...
United Natural Foods stock plunged toward a 1 1/2-year low after big earnings miss and lowered full-year outlook
Shares of United Natural Foods Inc. UNFI, -0.92% plunged 20.8% toward a 19-month low in premarket trading Wednesday after the grocery wholesaler reported fiscal second-quarter profit that missed by a ...
After weathering pandemic storm, cruise-line stocks offer upside, says Stifel
Like the rest of the travel industry, cruise operators have weathered a pandemic-related storm over the last couple of years, but they now deserve attention from investors, says analyst firm Stifel. “...
Bond-market recession gauge plunges to triple digits below zero on way to fresh four-decade milestone
One of the bond market’s most reliable gauges of impending U.S. recessions plunged further below zero into triple-digit negative territory on Tuesday after Federal Reserve Chairman Jerome Powell point...
Rivian stock down 7% in the extended session
Shares of Rivian Automotive Inc. RIVN, +1.24% fell more than 7% in the late session Monday, with losses accelerating after the electric-vehicle maker said it was selling about $1.3 billion in “green” ...
Altria deepens push into vape biz with two deals
Altria Group Inc. said Monday it would buy e-vapor company NJOY Holdings Inc. for $2.75 billion in cash, its second deal in recent days in the smokeless-tobacco space. Altria MO, +0.59% said the trans...
Why the stock-market rally can keep going, says Morgan Stanley strategist who only recently warned of a death zone
On the heels of last week’s losing-streak breaking rally, investors look headed for the sidelines on Monday. Apart from an underwhelming growth forecast from China over the weekend that’s knocking oil...
U.S. stock futures retain Wall Street’s rally ahead of Powell testimony and jobs data
U.S. stock futures were steady early Monday, holding their latest rally ahead of testimony from Federal Reserve Chair Jerome Powell and crucial jobs data later in the week. How are stock-index futures...
Stock market faces crucial test this week: 3 questions to decide rally’s fate
There will be no rest for investors this week as they await a marquee report on the state of the U.S. labor market, along with biannual Congressional testimony from Federal Reserve Chairman Jerome Pow...
Ignore Wall Street’s gloom. Stocks do better when earnings fall: strategist
Adios to February, which disappointed many stock investors who enjoyed a bullish start to the year. But fears of a bigger meltdown by those swept up in Wall Street gloom may be in vain, says our call ...
Bed Bath & Beyond stock plunges more than 50% in February, the second-worst monthly performance in its history
Shares of Bed Bath & Beyond Inc. BBBY shed 5.7% in afternoon trading Tuesday, putting them on track to suffer the biggest monthly decline in nearly three years, or well before the “meme”-stock roc...
How investors can learn to live with inflation: BlackRock
Growth stocks may have led the early 2023 rally, but stubbornly high inflation means that won’t last. That’s the main message from the BlackRock Investment Institute on Monday, as U.S. stocks attempte...
Oracle’s cloud strength, ‘resilient’ revenue, prompt analysts to raise targets
Oracle Corp.’s stock fell following the software giant’s fiscal third-quarter results released late Thursday, although analysts have highlighted strong momentum in the company’s cloud business. The co...