Hashtags about a stock-market crash may be trending on Twitter, but the selloff that has sent U.S. equities into a bear market has been relatively orderly, say market professionals. But it’s likely to...
Tag: S&P 500 Index
Don’t look for a stock market bottom until a soaring dollar cools down. Here’s why.
It will be difficult for the stock market to stop its slide and find a bottom as long as the U.S. dollar keeps soaring versus its rivals, according to market analysts. Global stocks suffered a bruisin...
Wharton’s Jeremy Siegel accuses Fed of making one of the biggest policy mistakes in its 110-year history
““I think we’re giving Powell too much praise. … The last two years are one of the biggest policy mistakes in the 110-year history of the Fed by staying so easy when everything was booming.”” — Jeremy...
Netflix chief accounting officer gives up $2.4 million position after just 4 months on the job
Netflix Inc. is seeking a new chief accounting officer after its current one quit the role after less than four months. The streaming giant NFLX, -5.69% said in a regulatory filing Friday that Ken Bar...
A historic global bond-market crash threatens the liquidation of world’s most crowded trades, says BofA
Global government-bond markets are stuck in what BofA Securities strategists are calling one of their greatest bear markets ever — which, in turn, is threatening the ease with which investors will be ...
Dow falls below June low — here’s what it would take to enter bear market
An ugly Friday for global equities led to a sharply lower start for Wall Street, as investors eye a potential retest of crucial support on the price charts at the June lows. The Dow Jones Industrial A...
Senators drill down on Zelle reimbursements, inflation and ‘uber-woke’ policies in bank CEO hearing
Democratic senators criticized banks for not serving consumers fairly while Republicans complained about liberal social agendas promoted by the same institutions, as chief executive officers of the co...
S&P 500 sees its third leg down of more than 10%. Here’s what history shows about past bear markets hitting new lows from there, according to Bespoke.
Stocks fell sharply after the Federal Reserve announced Wednesday that it was raising its benchmark rate by three-quarters of a percentage point as it battles inflation, with the S&P 500 continuin...
Jeffrey Gundlach says bonds are ‘wickedly cheap’ compared to stocks — and offers one way to get a 9% return without much risk
You can forgive Jeffrey Gundlach, a long-suffering Buffalo Bills fan, if he has the NFL on his mind now that the team he supports looks like the Super Bowl favorite. The chief executive of DoubleLine ...
Why investors fear a full-percentage-point Fed rate hike would ‘unnerve’ Wall Street
The Fed has delivered two 75 basis point interest-rate hikes so far this year. A previous version of this story said it had delivered three. With both U.S. stocks and bonds under pressure on Tuesday, ...
There’s only one ‘perfect asset’ to fight all the bad news that could be coming, says this strategist
Ahead of that, stocks are falling after Ford warned on high supply costs, on the heels of FedEx’s FDX, -1.99% profit caution last week. The dollar and cash have been among the most popular havens for ...
Fearing a hawkish Fed? Here’s what’s likely limiting more downside in the stock market, according to JPMorgan’s Marko Kolanovic.
The stock market has been under pressure since the inflation report for August came in surprisingly strong last week, but JPMorgan Chase & Co.’s chief market strategist, Marko Kolanovic, doesn’t s...
Zillow sees peak rent growth as over, but that isn’t what the Fed’s tracking
A look at Zillow Group’s closely followed rent index shows that last year’s roughly 17% yearly surge in rental prices was probably the peak, with the rate of increases dramatically receding in the pas...
‘More pain to come’ for stocks as S&P 500 likely to bottom around 3,300, Interactive Brokers’ founder says
““I think there is more pain to come. I expect the market to bottom out around 3,300. As interest rates indicate today, the Fed still has quite a bit of work to do,”” — Thomas Peterffy, chairman and f...
Stock market’s June lows are back in sight after S&P 500 loses grip on 3,900
Stock-market bears maintained the upper hand last week, with the S&P 500 finishing Friday below a crucial chart support level that has technical analysts warning of a potential test of its June lo...
Can the Fed tame inflation without crushing the stock market? What investors need to know.
The Federal Reserve isn’t trying to slam the stock market as it rapidly raises interest rates in its bid to slow inflation still running red hot — but investors need to be prepared for more pain and v...
A punishing selloff in short-term debt is pushing one rate near the ‘magic’ level that ‘frightens’ markets
The yield on the 1-year Treasury note is testing 4%, a level that traders say could spill over into other rates and send shivers through financial markets, as the Federal Reserve presses forward in ea...
U.S. inflation roars back in August, CPI shows, despite falling gas prices
The numbers: Falling gas price delivered a second low U.S. inflation reading in a row as the consumer price index rose by just 0.1% in August. But the report also showed inflation has spread more broa...
Rivian’s Mercedes partnership an important international win for the EV maker, say analysts
Rivian Automotive’s recently announced partnership with Mercedes-Benz Group spells good news for the electric vehicle maker, according to analysts. Last week Rivian Automotive Inc. RIVN, +0.89% and Me...
U.S. stocks suffer largest weekly outflows in 11 weeks as investors brace for possible jumbo Fed rate hike
Investors withdrew billions of dollars out of U.S. equities funds over the past week as central bankers’ hawkish messaging fueled fears of deeper economic downturn. U.S. stock funds recorded the bigg...
How low can the stock market go? 4 bear scenarios investors should keep in mind
Bears who reckon the S&P 500 hasn’t yet found its bottom see the large-cap benchmark falling 15% to 35% from current levels, according to DataTrek Research co-founder Nicholas Colas. With that in ...
The stock market’s June lows ‘need to be back in the conversation,’ says top chart watcher
Stock market investors may be facing another bear-market surprise, according to a technical strategy report from BTIG. The S&P 500’s monthly relative strength index is at 48, pointing to the possi...
Inflation expectations are ‘collapsing’ — here’s why that could spur a rebound in stocks
A closely watched U.S. bond-market gauge of near-term inflation expectations has fallen below the Federal Reserve’s 2% target for the first time in two years in a sign that stocks could find some near...
Preferred stocks can offer hidden opportunities for dividend investors. Just look at this JPMorgan Chase example.
This is shaping up to be a brutal year for bank stocks. But a deeper look can highlight an opportunity for income-seeking investors to make money on banks’ preferred stocks. But the S&P 500 SPX, +...
Bed Bath & Beyond CFO who leapt to his death from New York skyscraper faced ‘pump and dump’ allegation just days earlier
Gustavo Arnal, the CFO of Bed Bath & Beyond who leapt to his death from a Manhattan skyscraper last week, had faced a “pump and dump” allegation less than two weeks earlier. On Friday Arnal fell t...
Bill Ackman says stocks will soon be a ‘buy’ now that the Fed is ‘doing what it has to do’ to fight inflation
“‘Once people realize the Fed doesn’t have to keep increasing rates and will soon take rates down…that will be a buy signal for markets.’” — Bill Ackman Pershing Square Capital Management’s billionair...
Ray Dalio says watch out for rates reaching this level, because Wall Street stocks will take a 20% hit
After that CPI shock earlier in the week, Wall Street is fielding a fresh batch of data on Thursday, with the headline retail sales number coming in stronger than expected. And a disastrous rail strik...