U.S. equity futures were little changed in extended trading Wednesday after stocks retreated from a mini-comeback to resume losses in the trading session as investors continued to juggle a number of risks, including the Federal Reserve’s inflation flight and Russia’s war in Ukraine. Contracts on Wall Street’s main benchmarks hovered around breakeven headed into overnight trading. Wednesday marked two years since the S&P 500 bottomed in the 2020 global stock market crash after the World… Source link
Read More »Stock market news live updates: March 22, 2022
U.S. equity futures ticked slightly higher heading into overnight trading Monday after hawkish remarks from Federal Reserve Chair Jerome Powell snapped last week’s winning streak on Wall Street. Contracts tied to the S&P 500, Dow Jones Industrial Average and Nasdaq Composite were just above breakeven in extended hours following a choppy session that saw all three indexes close lower to start the week. The Fed’s top leader reiterated in comments at the National Association for Business… Source link
Read More »January’s huge market correction was just the beginning of a lost decade in stocks, Stifel’s chief equity strategist says
Stocks experienced a brutal correction in January before bouncing to end the month down roughly 5%. That may be just the start of the pain for passive “buy-and-hold” investors, according to Barry Bannister, the chief equity strategist at Stifel, a St. Louis–based investment bank. In fact, the strategist is predicting an entire decade of suffering ahead for markets as the Fed raises interest rates, with 0% returns for investors. “Buy and hold is the ideal strategy in the bull phases…but… Source link
Read More »The stock market is depressed, and apparently that’s great: Morning Brief
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, March 21, 2022 Today’s newsletter is by Brian Sozzi, editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn. Markets have rallied nicely off the early March lows that were triggered by the start of Russia’s war on Ukraine, but they are still dealing with a bout of depression. The percentage of… Source link
Read More »The Warren Buffett phrase that defines the market right now: Adam Dell
Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett, the 91-year-old Oracle of Investing, has seen just about every type of market. In 1999, at the height of the internet bubble, Buffett warned that investors expected unrealistic returns. In October 2008, the immediate aftermath of the worst financial crisis since the Great Depression, Buffett dismissed concerns about “the long-term prosperity of the nation’s many sound companies.” In turn, Buffett has a phrase that captures exactly what… Source link
Read More »JPMorgan’s Kolanovic Says Market Bubble Corrections Almost Over
(Bloomberg) — The rout in tech, biotechnology and emerging-markets stocks may be nearly over, and it’s time for investors to start adding to beaten-down, high-beta positions, according to JPMorgan Chase & Co. strategist Marko Kolanovic. Most Read from Bloomberg “While the commodity supercycle will persist,” the strategist said, “the correction in bubble sectors is now likely finished, and geopolitical risk will likely start abating in a few weeks’ time (while a comprehensive… Source link
Read More »Here’s what Warren Buffett’s favorite stock market indicator is saying now
Stocks have endured a terrible start to the year as investors fret about soaring inflation and the Russia-Ukraine war — but the pullback still doesn’t look like a great buying opportunity per a tried and true measure used by legendary investor Warren Buffett. The “Buffett Indicator” as it’s called by legions of devotees — which takes the Wilshire 5000 Index (viewed as the total stock market) and divides it by the annual U.S. GDP — is still hovering around a record high even as… Source link
Read More »Stock market news live updates: March 17, 2022
U.S. stock futures opened slightly higher in extended trading Wednesday following a pivotal session on Wall Street marked by the Federal Reserve’s long-anticipated move to hike short-term interest rates for the first time in three years. Contracts tied to the S&P 500, Dow and Nasdaq were firmly in the green at the start of futures trading after all three indexes rebounded in the final 30 minutes of Wednesday’s main session from an initial decline in the immediate aftermath of the Fed’s… Source link
Read More »Hawaiian Airlines ‘gearing up in anticipation of the Japanese market’: CEO
As Japan begins to open its borders to foreign travel following a three-month restriction in response to the Omicron variant, Pacific airline companies are preparing to reap the benefits of increased travel activity to and from the East Asian nation. “We’re gearing up in anticipation of the Japanese market, which is the most important international market for Hawaii opening up over the next couple of months,” Hawaiian Airlines CEO Peter Ingram told Yahoo Finance Live in a recent… Source link
Read More »Why this is the most important week for the stock market: Morning Brief
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, March 14, 2022 I would compare this week in the markets to that feeling when you passed your driver’s test and were able to roam the open roads with freedom for the first time. So much anticipation on what’s possible, and it all lived up to the hype (until you got into your first accident, then it sucked). This week the Federal Reserve… Source link
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