Tag Archives: market

It has been a rip-your-face off rally in the stock market to kick off the final quarter of the year, much to the surprise of the bears who ruled the roost in September and third quarter. At a 5% gain so far this week, the S&P 500 (^GSPC) had its best back-to-back days since April 2020 and the best two-day start to the fourth quarter going back to the first full year of the five-day trading week in 1953, according to data from Bespoke. The research team at DataTrek offered up five solid reasons… Source link

You wouldn’t guess it by the direction of stocks in the third quarter, but there are a few emerging reasons to begin nibbling at the beat-up market, according to one pro. “Oversold is one [reason to buy stocks],” Matt Miskin, co-chief investment strategist at John Hancock Investment Management, said on Yahoo Finance Live (video above). “Sentiment is washed out, meaning that everyone is pretty bearish. Even the strategists out there that have been more bullish have kind of turned and become… Source link

Stock Market Coverage – Tuesday October 4 Yahoo Finance – Yahoo Finance Source link

  U.S. equity futures zigzagged Monday morning after the S&P 500 and Nasdaq Composite closed out their first three-quarter losing streak since the 2008 Global Financial Crisis and the Dow its first such time since 2015. Futures tied to the benchmark S&P 500 index nudged up 0.2%, while Dow Jones Industrial futures jumped 100 points, or around 0.4%. Meanwhile, contracts on the technology-heavy Nasdaq Composite slipped by about 0.2%. Sizeable moves in energy markets kicked off the week, with oil… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, October 3, 2022. Today’s newsletter is by Brian Sozzi, an editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn. The fourth quarter for the stock market could be as cold as the third quarter — after all, what is there to be excited about at the moment? Interest rates are rising. Housing… Source link

While equities declined this week, the major fireworks were happening in the bond market, both in the US and abroad. In continuation of our series “What to do in a bear market,” Yahoo Finance asked the experts to weigh in on what’s happening in fixed income and if the traditional 60/40 [equites/bonds] portfolio is dead or alive. What just happened in bond market this week? Earlier in the week, the British pound fell to a new low against the U.S. Dollar and the U.K.’s 2-year Gilt surged… Source link

Stock Market Coverage – Monday October 3 Yahoo Finance – Yahoo Finance Source link

Battered investors hoping for a reprieve from the teeth of the bear market may have to wait until early 2023. That’s the blunt assessment from Pimco portfolio manager Erin Browne. “I think it [the bear market] will continue into the first quarter of next year because the Fed is going to keep hiking [rates],” Browne warned on Yahoo Finance Live (video above). “And so it’s hard to have with any certainty right now what next year will bring.” That’s hardly welcome analysis in what has been a… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, September 28, 2022 Today’s newsletter is by Ethan Wolff-Mann, senior writer at Yahoo Finance. Follow him on Twitter @ewolffmann. The Dow fell below the 20% mark on Monday, joining the S&P 500 in bear market territory and capping off an abysmal slide since the peak at the end of 2021. The boom that followed March 2020’s COVID crash is… Source link

NEW YORK, Sept. 27, 2022 /PRNewswire/ — The Metaverse in Entertainment Market size is expected to grow by USD 28.92 billion during 2021- 2026, at a CAGR of 8.55% during the forecast period, according to Technavio. The market is concentrated, and the degree of concentration will accelerate during the forecast period. Aomen City, Epic Games Inc., Hungama Digital Media Entertainment Pvt. Ltd., Meta Platforms Inc., Niantic Inc., OverActive Media Corp., Qualcomm Inc., Queppelin, Roblox Corp,