Tag Archives: rally

The 2022 MLB season is advancing into a brave new world, a 12-team postseason bracket that will decide a champion over the next month. The burst of high-stakes baseball pits eight teams against each other — Guardians-Rays, Cardinals-Phillies, Blue Jays-Mariners, Mets-Padres — for the right to advance. And it’s getting real fast. The new best-of-three wild-card series began Friday with the Padres humbling Max Scherzer and the Phillies turning the tables on St. Louis. The top seeds they… 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

U.S. stocks were mixed at the start of trading Thursday after a dramatic two-day rally that kicked off the quarter fizzled. The S&P 500 edged down 0.1%, while the Dow Jones Industrial Average sank 90 points, or 0.3%. The technology-heavy Nasdaq Composite was an outlier — up a modest 0.2%. The moves early Thursday came after fresh data from the Labor Department showed a jump in the number of Americans filing for first-time unemployment insurance last week. Initial jobless claims rose sharply… Source link

U.S. stocks charged sharply higher Tuesday as Wall Street built on momentum from a broad market rally that kicked off the month and quarter earlier this week. The benchmark S&P 500 surged 3%, its largest two-day climb since April 2020 — with the strongest daily breadth reading since late 2018, per data from Bespoke Investment Group. The Dow Jones Industrial Average jumped 826 points, or 2.8%, for its second straight day of gains of more than 700 points. The technology-heavy Nasdaq Composite… Source link

U.S. stocks cascaded Thursday as recession jitters returned to Wall Street, paring gains from a fleeting relief bounce spurred by the Bank of England’s bond-buying move. The S&P 500 plummeted 2.3%, while the Dow Jones Industrial Average erased more than 500 points, or around 1.7%. The Nasdaq Composite sank over 3%. Technology stocks led the slide lower as heavily-weighted Apple (AAPL) shares erased roughly 4.8% on concerns around waning demand that prompted a downgrade from Bank of America…. Source link

U.S. stocks extended a broad-based rebound Friday, capping a sell-off that spanned three consecutive weeks. The S&P 500 jumped 1.5%, building on back-to-back sessions of gains, while the Dow Jones Industrial Average soared 377 points, or about 1.2%. Technology stocks led the way up, with the Nasdaq Composite climbing 2.1%. Oil extended a volatile run as prices resumed their climb Friday. West Texas Intermediate (WTI) and Brent crude oil futures each rose 4% to $86.88 per barrel and $92.84 per… Source link

U.S. stocks sank Thursday following a rebound rally in the prior trading session that helped all three major averages log gains of well above 1%. The S&P 500 tumbled 0.8% at the start of trading, while the Dow Jones Industrial Average slid 220 points, or about 0.7%. The technology-heavy Nasdaq Composite led the way down — declining about 0.8%. On Wednesday, the S&P 500 surged 1.8%, the Dow Jones Industrial Average about 1.4%, and the Nasdaq Composite 2.1% – snapping a seven-day streak of… Source link

In his first comments since the FBI raid on his Mar-a-Lago compound, Donald Trump took aim at electric vehicles in a speech over the weekend that managed to attack two of his main opponents—rising Republican star Elon Musk as well as incumbent President Joe Biden. Trump’s ambition to be the first to win back the White House since Grover Cleveland in 1893 was dealt a blow last month when law enforcement authorities seized confidential records property of the federal government unlawfully… 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 Thursday, August 18, 2022 Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him on Twitter @SPYJared. After a nearly 25% rally off the June lows, the Nasdaq Composite (^IXIC) took a step back Wednesday with its worst day in nearly three weeks. And while it’s too soon to throw in the towel on this… Source link

Amid the renewed retail investor interest in meme stocks, it’s Bed Bath & Beyond that has taken the crown from former heavyweights AMC and GameStop. Bed Bath & Beyond stock (BBBY) skyrocketed by nearly 70% in afternoon trading on Tuesday as Reddit traders speculated on a massive short squeeze. Shares were originally down around 3% in pre-market trading today following a stunning 23% pop on Monday. The two days of gains came as enthusiastic traders on Reddit hyped the struggling retailer and Source link