Tag Archives: Stock

Stock market news live updates:

Stock market news live updates:

U.S. stock futures moved lower Tuesday as investors prepared for Federal Reserve officials to deliver another jumbo rate hike in their fight against persistent inflation. Futures on the benchmark S&P 500 slid 0.4%, while futures tied to the Dow Jones Industrial Average tumbled 100 points, or 0.3%. Contracts on the technology-heavy Nasdaq Composite erased about 0.5%. The policy-setting Federal Open Market Committee kicks off its September meeting today and is expected to deal a third-straight… Source link

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The Fed is not the stock market’s friend right now: Morning Brief

The Fed is not the stock market’s friend right now: 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 Tuesday, September 20, 2022 Today’s newsletter is by Sam Ro, the author of TKer.co. Follow him on Twitter at @SamRo. One of the Federal Reserve’s most telling statements about markets came from Chair Jerome Powell on June 15 when the central bank announced its biggest rate hike since 1994: “Over the course of this year, financial markets have… Source link

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The stock market is not the economy in an important way

The stock market is not the economy in an important way

This post was originally published on TKer.co The U.S. economy is closely related to the U.S. stock market. But that relationship is not perfect in a number of ways. An important way the two differ is international exposure. According to FactSet, S&P 500 companies1 generate around 40% of revenue outside of the U.S.2 That means these companies are significantly dependent on the health of the international economies in which they operate. They employ abroad, source goods abroad, and sell… Source link

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Is the stock market headed lower? Experts weight in

Is the stock market headed lower? Experts weight in

The Nasdaq 100 (^NDX) shed 5.7% this week alone. The S&P 500 shed 4.7% over the last five days, following a hotter than expected inflation print coupled with grim warnings from package carrier bell FedEx (FDX). In continuation of our series, “What to do in a bear market,” Yahoo Finance asked the experts if the markets are headed lower from here. The Nasdaq (^IXIC) got hit particularly hard this week. What’s next for the tech heavy index? The Nasdaq Composite took out last week’s low of… Source link

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Legendary investor Stanley Druckenmiller warns there is a “high probability” the stock market will be “flat” for an entire decade

Legendary investor Stanley Druckenmiller warns there is a “high probability” the stock market will be “flat” for an entire decade

After a hotter-than-expected inflation reading spooked investors on Tuesday, the Dow Jones industrial average sank over 1,200 points in the stock market’s worst showing since June 2020. That same day, Stanley Druckenmiller, one of Wall Street’s most respected minds, argued that the pain won’t be temporary—and that stocks face an entire decade of sideways trading as the global economy goes through a tectonic shift. “There’s a high probability in my mind that the market, at best, is… Source link

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Stock futures mixed as economic data rolls in

Stock futures mixed as economic data rolls in

U.S. stock futures struggled for direction Thursday morning as investors pored over a batch of economic data. Futures tied to the benchmark S&P 500 slip 0.1%, while futures on the Dow Jones Industrial Average hovered ticked up by the same margin. Contracts on the technology-heavy Nasdaq Composite fell 0.3%. The moves come after a modest rebound on Wednesday from the stock market’s worst day since June 2020. Initial jobless claims fell for a fifth-straight week to the lowest reading since May…. Source link

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Stock market news live updates: September 13, 2022

Stock market news live updates: September 13, 2022

U.S. stock futures ascended Tuesday as investors prepared for a highly-anticipated inflation reading. Futures tied to the S&P 500, Dow Jones Industrial Average, and tech-heavy Nasdaq Composite each gained roughly 0.4% in pre-market trading. The Bureau of Labor Statistics is scheduled to release its August Consumer Price Index (CPI) at 8:30 a.m. ET. Data is expected to show inflation rose at an annual pace of 8.1% last month, according to consensus estimates compiled by Bloomberg. If realized,… Source link

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Stock market news live updates: September 12, 2022

Stock market news live updates: September 12, 2022

U.S. stock futures gained Monday as Wall Street inched closer to highly-anticipated inflation data this week. Futures tied to the S&P 500 and tech-heavy Nasdaq Composite each climbed 0.5%, while futures on the Dow Jones Industrial Average rose by 0.4%, or 125 points. In commodities, oil prices nudged higher, extending a streak of recent back-and-forth action. West Texas Intermediate (WTI) and Brent crude oil futures each rose roughly 1% to $87.67 per barrel and $93.86 per barrel,… Source link

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