(Bloomberg) — US stocks swung between gains and losses as markets digested upbeat corporate news and data on producer prices that will keep pressure on the Federal Reserve to tighten policy. Treasuries held steady, while UK markets were roiled once again by policy concerns. Most Read from Bloomberg The S&P 500 fluctuated as the benchmark attempted to stage a comeback after a five-day losing streak. Consumer staples and health care topped the leaderboard with gains in PepsiCo Inc. and Moderna… Source link
Read More »Stocks waver in choppy trading after the S&P 500 touches new lows
U.S. stocks struggled to find their footing in choppy trading Friday after a vicious sell-off that sent the S&P 500 to lows not seen since 2020. The bellwether index hovered around the flatline, while the Dow Jones Industrial Average sank 120 points, or 0.4%. The technology-focused Nasdaq Composite gained 0.3%. Investors will close out a brutal month and quarter on Friday. The S&P 500’s 2.1% drop on Thursday marked its 49th decline of 1% or more this year, marking the most downside… Source link
Read More »Stocks end choppy session higher after Fed minutes reaffirm pledge on inflation
U.S. stocks pushed higher Wednesday afternoon to close out a choppy day in the green, though the risk of a recession remained top of mind for many investors. The S&P 500 rose for a third straight session, closing higher by 0.4% to end at 3,845.08. The Dow Jones Industrial Average gained 70 points, or 0.2%, to end at 31,037.68, and the Nasdaq Composite gained 0.4% to reach 11,361.85. The moves came after minutes from the Federal Reserve reaffirmed the central bank remained focused on tightening… Source link
Read More »Stocks edge higher in choppy session after Target profit warning
U.S. stocks charged forward in the final hour of a turbulent session Tuesday as investors shook off a profit warning from Target that renewed concerns about the economic outlook and weighed on broader markets in earlier trading. The S&P 500 rose 0.8%, and the Dow Jones Industrial Average gained 200 points, or 0.6%. The tech-heavy Nasdaq advanced roughly 0.9%. The indexes climbed after struggling for direction for much of the trading day. Meanwhile, the 10-year U.S. Treasury benchmark… Source link
Read More »Stocks Waver in Choppy Session, Bonds Slip: Markets Wrap
(Bloomberg) — U.S. stocks ended little changed in thin afternoon trading Monday and Treasuries ticked lower as investors focused on corporate results and prospects for faster policy tightening by the Federal Reserve. Most Read from Bloomberg The S&P 500 closed down less than 0.1%, after swinging between narrow gains and losses on volumes almost 20% below the 30-day average in the first trading day following a long holiday weekend. Bank of America Corp. was poised for the biggest daily advance… Source link
Read More »Stock futures open flat after choppy session
TipRanks 2 Big Dividend Stocks Yielding 10%; RBC Says ‘Buy’ Soaring commodity prices, additional federal stimulus, and government bond yields on the rise are all raising the specter of inflation. Furthermore, there is growing concern that stocks – and tech ones in particular – are now at valuations disconnected from reality. Is the changing macro climate about to send the bull market into retreat? Too early to tell, but it does signal that a more prudent approach to investing might be a… Source link
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