Tag Archives: Stocks

Kuwait City: Boursa Kuwait today announced that the exchange’s data and that of the listed companies is now available on the “Yahoo Finance” online platform and the “Apple Stocks” application. Boursa Kuwait announced this as part of its efforts to offer regional and global investors access to stock prices and associated data, and to Boursa Kuwait indices, which could all be added to the users watch list. The” Apple Stocks” application is pre-installed on Apple smartphones,… Source link

This post was originally published on TKer.com. Jim Reid, macro strategist at the bank, wrote that “historically the S&P 500 normally always only bottoms in a recession and usually not until mid-way through.” Reid and his colleagues expect the U.S. economy to enter a recession in 2023. As such, they also believe the S&P 500 is “likely” to see a low that year before resuming any rally. There are two ways of thinking about this chart. First, recessions are common in history and… 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 extended a broad-based rebound Friday, with Wall Street on pace to snap a three-week losing streak. The S&P 500 jumped 1.6%, building on back-to-back sessions of gains, while the Dow Jones Industrial Average soared 400 points, or about 1.3%. Technology stocks led the way up, with the Nasdaq Composite climbing 2%. 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… Source link

Morgan Stanley expects the S&P 500 to plunge another 15%-25% within the next four months — use these 3 top recession-resistant stocks for protection If you think the stock market selloff has come to an end, Morgan Stanley has some bad news. The S&P 500 is already down 17% year to date, but the Wall Street juggernaut believes the market has yet to hit a bottom. “Our ’22/’23/’24 base case estimates are now 3%/13%/14% below consensus, respectively,” a team of Morgan Stanley analysts led by… Source link

The U.S. Federal Reserve’s campaign against inflation might not be finished until you’ve lost money on bitcoin (BTC). The reason why goes back to the basics of central banking. The Fed does what it does with monetary policy (these days, raising interest rates) and that filters through the economy by impacting, among other things, how much key assets cost – “financial conditions,” in central bank jargon. For most of this year, Fed policy makers have been sanguine toward markets like… Source link

U.S. stocks sank lower Tuesday as traders return to Wall Street for a holiday-shortened week after Labor Day. The benchmark S&P 500 fell 0.3%, while the Dow Jones Industrial Average declined by the same margin, or about 100 points. The tech-heavy Nasdaq Composite was off by 0.5%. The moves come after three straight weeks of losses for the major averages. “The market will enter the first full week of September looking to snap a three-week losing streak as investors continued to digest the… Source link

U.S. stocks fell sharply on Friday, surrendering all of the gains from a post-jobs report rally ahead of the Labor Day holiday weekend. The S&P 500 shed 1.1%, while the Dow Jones Industrial Average fell by the same margin, or about 340 points. The tech-heavy Nasdaq logged the biggest slide of the major averages, capping the session down 1.3%. The losses came after a rally earlier in the day suggested some investor optimism that a more modest 0.50% interest rate hike could be coming from the… Source link

U.S. stocks fell lower to start the month after all three major averages registered their biggest August percentage declines since 2015. The S&P 500 edged down 0.5%, and the Dow Jones Industrial Average erased 105 points, or 0.3%. Tech continued to lead the way down, with the Nasdaq Composite sliding 0.9%. Meanwhile, the benchmark U.S. 10-year Treasury yield reached 3.257%, its highest level since June. A downbeat start to September comes on the heels of four straight sessions of selling amid… Source link

U.S. stocks tumbled in a turbulent session Wednesday as fears of combative Federal Reserve policy to rein in inflation continued to weigh on sentiment. [Click here to read what’s moving markets on Thursday, September 1] The S&P 500 sank 0.8%, while the Dow Jones Industrial Average tumbled 280 points, or about 0.9%. The tech-heavy Nasdaq Composite fell 0.6%. A volatile run for stocks in recent weeks has erased much of the summer’s relief rally, with the S&P 500 officially wiping out half of… Source link