Tag Archives: market

The rout in various asset markets at the hands of the Federal Reserve may not be over, warned former Wall Streeter and current Galaxy Digital CEO Mike Novogratz. “The bear case is we’ve got two-to-six months left of this pain,” Novogratz said on Yahoo Finance Live (video above). “The bull case is the market starts breaking. We’re seeing a lot of breakage, not necessarily in crypto but in the rest of the world.” Novogratz, who began his career at Goldman Sachs in 1989, didn’t rule out seeing… Source link

(Bloomberg) — Jamie Dimon says don’t be surprised if the S&P 500 loses another one-fifth of its value. While such a plunge would fray trader nerves and stress retirement accounts, history shows it wouldn’t require any major departures from past precedents to occur. Most Read from Bloomberg Judged by valuation and its impact on long-term returns, the JPMorgan Chase chief executive officer’s “easy 20%” tumble would result in a bear market that is in many regards normal. A decline… Source link

With a brutal year for the stock market getting closer to a close, investors may be showing renewed interest in their investments as they look to take action into 2023. Google searches for “Dow Jones” have picked up over the last month (chart below), according to findings compiled by DataTrek Research. The Dow Jones Industrial Average is often seen as the most commonly used metric for stocks by the average U.S. household. The return of interest in the stock market. (DataTrek) DataTrek noted… 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 Tuesday, October 11, 2022 Wall Street firms have begun publishing their 2023 forecasts for the S&P 500. Targets published by seven top equity strategists range from 3,800 to 4,200, implying returns of 4% to 15% from current levels. We’ll only know how accurate these calls are in hindsight. We do, however, know that last year’s 2022 forecasts… Source link

Stock Market Coverage – Tuesday October 11 Yahoo Finance – Yahoo Finance Source link

U.S. stock futures started the week on a downbeat Monday as Wall Street steered into third-quarter earnings season and braced for a batch of inflation reports. Futures tied to the S&P 500 (^GSPC) fell 0.3%, while futures on the Dow Jones Industrial Average (^DJI) ticked down 0.2%. The technology-heavy Nasdaq Composite (^IXIC) off by 0.4%. Meanwhile, the CBOE Volatility Index (^VIX), which measures short-term expectations for market turbulence, spiked 1.6 points to near the 33 level. Treasury… Source link

This post was originally published on TKer.co Stocks surged 5.7% on Monday and Tuesday and then shed almost all of those gains on Wednesday, Thursday, and Friday. When it was all said and done, the S&P 500 closed at 3,639.66, up a modest 1.5% from its Sept. 30 close of 3,585.62, which was the lowest closing price of 2022. The index is now down 24.1% from its January 3 closing high of 4,796.56. There’s a lot to be said about what’s moving markets. (You can begin to understand what’s going… Source link

For car lovers out there who follow the classic car market, the exploding interest in auction site Bring a Trailer (BAT) has, to put it lightly, been a mixed blessing. On the positive, the site has on display hundreds of classic and enthusiast cars that one can peruse and bid (or dream of bidding) on. On the other hand fans decry the exploding values of once attainable cars, that they blame on the rise of Bring a Trailer. For BAT co-founder and president Randy Nonneberg, he’s just meeting… 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 Friday, October 7, 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. If you thought the rip-roaring start to the fourth quarter for markets was high drama, you better buckle up for Election Day on Nov. 8. Democrats could lose their majority in Congress,… Source link

History shows the stock market loves the period after the midterm elections — but that might not be the case in the wake of this year’s Nov. 8 election. “A lot of things will drive the stock market,” Gargi Chaudhuri, head of iShares investment strategy at BlackRock Americas, said on Yahoo Finance Live. “I don’t want to base it entirely upon the Fed and elections only. … But all else equal, if you are just giving me a hawkish Fed and a divided government, I think it is just going to be… Source link