Tag Archives: Stock

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

U.S. stocks tumbled early Friday as the government’s key employment reading showed the labor market grew at a slower pace in September. The U.S. economy added 263,000 jobs last month as the unemployment rate fell to 3.5%. Economists expected a payroll gain of 255,000 and for unemployment to hold at 3.7%. Futures tied to the S&P 500 (^GSPC) dropped 0.7%, while futures on the Dow Jones Industrial Average (^DJI) shed more than 100 points, or 0.4%. Nasdaq Composite (^IXIC) futures led the way… 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

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

It would make sense that the growth of environmental, social, and corporate governance (ESG) funds would benefit an EV automaker like Tesla (TSLA). But why isn’t its stock getting an even bigger lift from ESG asset managers? Short answer: Not everyone in the business of socially responsible investments is convinced that Tesla, and its controversial founder and CEO, Elon Musk, is a pure play in the ESG world. To be sure, Tesla and its stock has made a lot of headway. “What they’re doing is… 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