Technically, Super Bowl LVI will feature the worst matchup in history. Now that’s not to say that the game is going to be bad. Based on how Sunday’s conference championships — and the rest of the postseason — went, the game is bound to be plenty entertaining. The game, however, will be the lowest-seeded Super Bowl matchup in history. The Cincinnati Bengals, who entered the postseason as a No. 4 seed, knocked off the Kansas City Chiefs in a wild overtime battle in the AFC Championship… Source link
Read More »US STOCKS-S&P 500, Nasdaq post worst weeks since pandemic start as Netflix woes deepen slide
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Netflix plunges, weighs on Disney, media stocks * S&P 500, Nasdaq have biggest weekly drops since March 2020 * Focus turning to Fed meeting for clarity on policy * Indexes down: Dow 1.3%, S&P 1.89%, Nasdaq 2.72% (Updates with further market data) By Lewis Krauskopf, Shreyashi Sanyal and Bansari Mayur Kamdar Jan 21 (Reuters) – Wall Street’s main indexes ended sharply lower on Friday as… Source link
Read More »Worst case scenario for 2022 is variant that eludes vaccine protection
Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases and chief medical adviser to President Joe Biden, told Yahoo Finance that COVID-19 could become endemic in 2022 but only if certain parameters are met. If you get “a combination of enough people vaccinated and boosted together with people who are infected and recover and have a degree of immunity — hopefully they’ll wind up getting vaccinated too — and you have a virus, a variant, that has a lesser… Source link
Read More »Next bear market will be ‘the worst in my lifetime’ — here are 3 assets he’s using for 2022 crash protection
Jim Rogers: Next bear market will be ‘the worst in my lifetime’ — here are 3 assets he’s using for 2022 crash protection The Santa Claus rally has brought the market to new highs as we enter 2022, but it’s important to remember that stocks don’t always go up in straight lines. Famed investor Jim Rogers has seen quite a few bear markets in the last half century, and he fears the biggest one yet could be right around the corner. “The next bear market will be the worst in my… Source link
Read More »Meta/Facebook is the worst company of the year: Yahoo Finance readers
Every December, Yahoo Finance selects a Company of the Year, based on its market performance and its achievements that particular year. In 2021, Microsoft (MSFT) took home the crown, smashing through the $2 trillion market capitalization mark and seeing a 53% surge in its stock price as of Dec. 16, year-to-date. However, the spirit of Festivus has taught us we can learn just as much from the bad as the good by airing our grievances. That’s why Yahoo Finance also selects a Worst Company of… Source link
Read More »Bitcoin, crypto boosted by Fed relief rally, investors ‘bracing for the worst’ get surprised
The Federal Reserve’s surprisingly hawkish policy turn has had a surprise beneficiary: Cryptocurrencies. Digital coins extended gains on Thursday after the Fed stepped up its taper, and laid the foundation for a tightening cycle that could bring as many as three rate hikes in 2022. Normally, cryptocurrency benefits from loose monetary policy and its inflationary side-effects; but at least for now, investors are taking the longer view. Bitcoin (BTC-USD), barely a week removed from an ugly… Source link
Read More »Ranking the 42 bowl games from best to worst
Welcome to bowl season! It’s the most glorious time of the year. And from the Bahamas Bowl on Dec. 17 to the College Football Playoff national championship on Jan. 10, there will be 43 postseason games played. Not including the national title game, Yahoo Sports’ Sam Cooper and Nick Bromberg have ranked all 42 bowl games from best to worst. Beyond the CFP bowls, there are many intriguing matchups to look forward to in the coming weeks. (Full 2021 bowl game schedule with dates, times and TV… Source link
Read More »Stocks recoup some losses after Dow’s worst day since Oct. 2020
Stocks jumped Monday morning to recover some losses after Friday’s slide, when uncertainty over a new coronavirus variant stoked volatility across global markets. The Dow gained more than 300 points, or about 0.9%. On Friday, the index had seen its worst day since October 2020, dropping more than 900 points, or 2.5%. U.S. airlines and other travel stocks were mostly higher to steady after steep losses from late last week, when initial concerns over the newly discovered Omicron variant of… Source link
Read More »Dow suffers worst Black Friday selloff since 1931
Shoppers typically bear the brunt of Black Friday frenzy while clamoring over discounted holiday merchandise, but concerns over the new COVID variant gave investors and traders a dollop of holiday volatility Friday. The Dow Jones Industrial Index (^DJI) settled down 905 points (2.53%) in its worst post-Thanksgiving Day performance since 1931. The S&P 500 (^GSPC) and the Nasdaq Composite (^IXIC), meanwhile, turned in their worst-ever returns post-Turkey Day. Interactive Brokers Chief Strategist… Source link
Read More »Why these are the worst stocks to own right now: Goldman Sachs
Not every sector of the market is a longer-term buy even with stocks continuing to be on autopilot, warn strategists at Goldman Sachs. Some of the worst stocks to own in a U.S. economy trying to claw back from the COVID-19 pandemic are those with high exposure to tight labor markets, which runs the risk of pressuring profit margins as wages are hiked. “Labor market tightness will remain a challenge during the next few years. Investors should avoid stocks with high labor costs relative to… Source link
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