Tag Archives: January

U.S. stocks recorded their worst January since the financial crisis and retail investors saw the downturn as an opportunity to buy the dip. Mom- and pop- investors led purchases of U.S. equities during the month, while institutional investors such as hedge funds sold off assets, according to fresh data from Bank of America. BofA’s retail clients were the biggest dip-buyers last month, posting inflows into stocks in each of the last four weeks. January inflows are typically led by retail… Source link

Futures tied to Wall Street’s major indexes rose slightly in extended trading Wednesday after a turbulent earlier session that saw stocks reverse gains into the close after the Federal Reserve signaled interest rate hikes could come as soon as March. The central bank held rates at near zero following a two-day policy meeting that concluded on Wednesday, citing plans to halt pandemic-era policy of asset purchases first. The Federal Open Market Committee, however, reaffirmed it will wrap up… Source link

U.S. stock futures were little changed in post-market trading Monday after equities staged a historic turnaround at the end of a whipsaw session wrought by heightened fears over rate hikes and a lackluster start to earnings season. Geopolitical tensions in the Ukraine also weighed on markets. Contracts on all three major indexes hovered near the flatline heading into overnight trading. Earlier in the afternoon, the Dow recovered losses of more than 1,100 points to end higher, and the S&P 500… Source link

U.S. stock futures traded sideways Wednesday evening after a turbulent day in markets that saw the Nasdaq close in correction territory — or at least 10% down from its peak — as rising bond yields and concerns around tighter monetary policy continued to plague investors. Contracts on all three major indexes hovered near breakeven after the tech-heavy Nasdaq Composite logged a closing level more than 10% below its November record high in the earlier session The Federal Reserve is in a… Source link

U.S. stock futures fell sharply Tuesday morning as investors geared up for a holiday-shortened week rife with quarterly earnings reports from companies across all three major indexes. Contracts on the tech-heavy Nasdaq plunged in early trading, shedding 1.82% to 15,311.75 as Wall Street continued to weigh the likelihood of imminent interest rate hikes. Futures on the Dow Jones Industrial Average also edged lower, down about 0.73%, or 263 points in early trading, while the S&P 500 declined… Source link

Google is in the process of releasing a much-anticipated update for Pixel 6 phones. Earlier today, Android expert Mishaal Rahman noted that Google posted OTA and factory images to its developer site for the January 2022 patch. That means anyone can sideload the update to their Pixel 6 or Pixel 6 Pro now, and the official over-the-air update has already arrived on some devices (including some owned by Verge staff). In an email, Google confirmed the rollout has begun, and that the software… Source link

Volkan Furuncu | Anadolu Agency | Getty Images The House select committee investigating the deadly Capitol riot has subpoenaed social media giants Twitter, Reddit and the parent companies of Facebook and Google, the panel’s chairman said Thursday. The bipartisan committee had asked for a trove of records last summer from those and other social companies, but said it received “inadequate responses” from some of the largest platforms. The committee again demanded that Google parent company… Source link

Contracts on all three major indexes were flat heading into the overnight session on Wednesday after a choppy day on Wall Street that saw stocks advance modestly to close in positive territory. Investors got a new red-hot print on inflation during earlier trading that showed another decades-high rate of price increases, one day after Federal Reserve Chair Jerome Powell indicated in his renomination testimony that the central bank would intervene as needed to ease rising prices. A fresh read on… Source link

Contracts on Wall Street’s main indexes were subdued Monday evening after a choppy earlier session that saw stocks climb back from record intraday lows. The Nasdaq eked out an afternoon rally to close in the green, while the S&P 500 and Dow extended their losing streak — even after modest comebacks. Worries over sooner-than-expected interest rate hikes have tempered investors’ optimism heading into the new year, placing equity markets in a risk-off mood so far in 2022. Meanwhile,… Source link

A few days after the Capitol insurrection last January, the FBI got two tips identifying an Ohio man named Walter Messer as a participant, and both cited his social media posts about being there. To verify those tips, the FBI turned to three companies that held a large amount of damning evidence against Messer, simply as a result of his normal use of their services: AT&T, Facebook, and Google. AT&T gave the FBI Messer’s telephone number and a list of cell sites he used, including one… Source link