Tag Archives: correction

Stock futures opened higher Tuesday evening after a steep sell-off during the regular trading day, which pushed the S&P 500 and Dow to their lowest settlements so far of 2022. Contracts on the S&P 500 rose. The blue-chip index had closed lower by just over 1% on Tuesday, bringing it more than 10% from its record closing high from Jan. 3 — or below the threshold to have entered a correction. The Nasdaq and Dow each also ended in sharply in the red. Hopes of a diplomatic resolution for… Source link

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * S&P 500 falls over 10% from its record closing high on Jan 3 * Kohl’s surges as Sycamore, Acacia show takeover interest * Information Technology top S&P 500 sectoral loser * Indexes drop: Dow 3.15%, S&P 3.9%, Nasdaq 4.8% (Adds comment, details; updates prices) By Devik Jain and Bansari Mayur Kamdar Jan 24 (Reuters) – U.S. stock indexes plunged on Monday, with the S&P 500 on course to… Source link

The Nasdaq Composite (^IXIC) finally slipped into correction territory Wednesday for the first time since March 2021 — prompting bearish headlines and warnings from pundits. But a Yahoo Finance analysis of nearly 50 years of Nasdaq data reveals this may be a short-term buying opportunity. A market correction is traditionally identified as a drop of 10% or more from a recent high, measured from the closing high to the closing low. The threshold is admittedly arbitrary, but nevertheless it… Source link

High-stakes bidding wars. All-cash offers. Limited supply. After two years of scorching growth in the U.S. housing market, will there be a cool-down and possibly a fall in sales and prices in 2022, along with a return to some normalcy? Um, not exactly, several housing experts tell USA TODAY. “Home sales are likely to be slightly lower in 2022 from the anticipated rise in mortgage rates. Home prices, meanwhile, will continue to rise due to the ongoing housing shortage even as demand is clipped a… Source link

If you’re worried about a stock market correction, Jim Cramer just mentioned 5 ‘borderline unstoppable’ megatrends for the rest of 2021 Thanks to stretched valuations and rising interest rates, many Wall Street strategists expect significant stock market corrections on the horizon. But CNBC’s Jim Cramer believes there are still plenty of buying opportunities available — even over the very short term. The host of Mad Money explained that this is the time of year when institutional money… Source link

Morgan Stanley’s Chief Investment Officer Mike Wilson says investors should always be positioned for a market correction of 10%, but warned that investors may not be ready for a harsher correction that could be coming soon. “You should always be expecting a 10% correction. If you’re investing in equities, you should be prepared for that at any time,” Wilson told Yahoo Finance on Friday. “A 20% correction, which is really more disruptive, where people might want to try and position… Source link

Most Wall Street strategists agree that Monday’s market rout — fueled by yawning worries about the fast-spreading COVID-19 Delta variant — should serve as a wake-up call to investors who have sent stock prices to record valuations.  And they also generally agree on what could send stocks spiraling even lower from here — a subpar second quarter earnings season chock-full of concerning guidance due to the ongoing uncertainty of the pandemic.   “This market is vulnerable to a bigger… Source link

Bloomberg TPG-Backed PropertyGuru Eyes $2 Billion Thiel SPAC Deal (Bloomberg) — Bridgetown 2 Holdings Ltd., the blank-check company backed by billionaires Richard Li and Peter Thiel, is in advanced talks to merge with Singapore’s online real estate firm PropertyGuru Pte, according to people with knowledge of the matter.The special purpose acquisition company has been in discussions with PropertyGuru on the potential deal, which could be announced as soon as next month, said the people, who… Source link

TipRanks Oppenheimer: These 2 Stocks Have Triple-Digit Gains in Sight When the best talk, people listen. It works in all walks of life, but especially the stock market. Investors are keen to read the latest stock reviews from Wall Street’s professional analysts, but knowing who’s the best is the place to start. Covering the markets for investment firm and brokerage Oppenheimer, Colin Rusch has built a reputation that puts him at the top of the Street’s analyst corps. He’s currently… Source link

Bloomberg ECB Confronts Shifting Markets as Economy Stays Frozen: Eco Week (Bloomberg) — European Central Bank officials will set policy this week against a backdrop of investors betting on a global upturn even as the euro zone remains mired in pandemic lockdowns and painfully slow vaccinations.President Christine Lagarde will need to test her institution’s current stimulus plans against the challenges presented by those contrasting situations. While some of her colleagues have signaled… Source link