Tag Archives: Volatile

(Bloomberg) — Oil switched to a decline to extend a run of choppy sessions, as traders weighed smaller US inventories and the wider risks of more attacks on vessels in the Red Sea. Most Read from Bloomberg Brent edged down to near $77 a barrel, reversing an earlier gain and following Tuesday’s advance of almost 2%. The American Petroleum Institute said nationwide inventories fell 5.2 million barrels last week, with levels at Cushing also down. The Energy Information Administration,… Source link

U.S. stocks rose Wednesday after back-and-forth trading as investors weighed a batch of economic data and minutes from the Federal Reserve’s December policy meeting. The S&P 500 (^GSPC) gained 0.8% in a volatile session, while the Dow Jones Industrial Average (^DJI) added 130 points, or 0.4%. The technology-heavy Nasdaq Composite (^IXIC) advanced 0.7%. A readout of discussions from the U.S. central bank’s December gathering indicated Fed officials were reticent an “unwarranted” easing of… Source link

Investors searching for safe places to store some cash amid high inflation and volatile markets have options. In continuation of Yahoo Finance’s series ‘What to do in a bear market,’ we asked the experts for some ideas about where to park money safely. What is the safest vehicle for storing money during the bear market? “The key to ‘storing’ money in a bear market is to find a balance between the best return and most liquidity, because if you’re in it for the long term you want to be an… Source link

(Bloomberg) — At first blush, Bitcoin becoming less volatile than stocks might appear like a positive development. But crypto traders are warning that in a low-volume environment, that might not be a great thing. Most Read from Bloomberg The coin’s 30-day realized volatility has “dropped sharply” in recent days, according to Noelle Acheson, author of the “Crypto is Macro Now” newsletter. It’s currently at around 52% after spending the past month above 64% on an annualized basis,… Source link

Investors often hear that despite market crashes, stocks tend to go up over time. But tell that to investors watching their portfolios decline, especially if they invest passively in index funds. Those represent groups of stocks which track indices like S&P; 500 (^GSPC), Nasdaq (^IXIC), or the Dow Jones Industrial Average (^DJI). In continuation of Yahoo Finance’s series ‘What to do in a bear market,’ we asked the experts what they think of index investing during these volatile times. The… Source link

U.S. stocks pared losses Tuesday, extending a streak of volatile trading after last week’s bounce snapped the longest span of declines for the S&P 500 in over 20 years. The benchmark index bounced back from a drop of more than 1% to turn flat, attempting to build on its best week since November 2020. The Dow Jones Industrial Average was down 0.2% after climbing back from a nearly 400-point drop, and the Nasdaq Composite turned positive, up 0.3%. These moves come after all three indexes logged… Source link

A growing number of retirees are heading back to work. In February, 3% of retired workers made the decision to return to work, marking the highest percentage to date during the pandemic and a continuation of a trend that started in the spring of last year, Nick Bunker, the director of economic research at Indeed Hiring Lab, told Yahoo Money. Strong demand for workers and COVID vaccinations initially helped to fuel the return, Bunker said. “Even more retirees could come off the… Source link

Contracts on Wall Street’s key benchmarks crawled in post-market trading Monday after U.S. stocks closed lower to end a choppy session wrought by mixed corporate earnings and renewed Federal Reserve worries ahead of a fresh inflation report due out this week. Futures on all three main indexes were flat ahead of overnight trading after equities extended a streak of volatility that has become the norm this year so far. In Monday’s main session, the S&P 500 faltered after its best weekly rise… Source link

Last November, when cryptocurrency was skyrocketing to new heights and Bitcoin was one of the red-hot financial vehicles of 2021, the mobile payment service Cash App grabbed some trending headlines through partnerships with two headlining NFL names: Green Bay Packers quarterback Aaron Rodgers and Los Angeles Rams wideout Odell Beckham Jr. The significance: Both players endorsed Bitcoin and announced plans to take portions of their 2021 salaries in the cryptocurrency during a month when… Source link

Cryptocurrencies traded higher on Friday after a volatile week. Bitcoin was holding above $33,000 support at press time and is roughly flat for the week. Technical charts suggest buyers will remain active above $30,000, although upside momentum is starting to slow heading into the weekend.  “The possibility of price action dropping into the mid-$20,000 range is alive, but traders looking for a retest of previous all-time highs will likely be disappointed,” Sean Rooney, head of research… Source link