U.S. Stocks Fall Ahead of Fed Meeting
Markets U.S. Markets Investors brace for big week for tech stocks, with earnings due from Alphabet, Apple and Amazon
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Tech stocks are having their best January in decades — here’s why that may not be a good sign
Technology stocks are on quite a tear to start 2023, but that could actually be an ominous signal. The Nasdaq Composite Index COMP, +0.95% is up 11% so far this month, on track for its best January performance since it notched a 12.2% gain in 2001, according to Dow Jones Market Data. But that 2001 … Read more
S&P 500 Closes Lower as Investors Digest Earnings
Markets U.S. Markets Dow, other indexes recover from early losses as investors parse reports from Microsoft, Boeing and others
Mobileye Shares Close Higher in Stock-Market Debut
Intel Corp.’s INTC -0.73% automated car-driving unit closed at $28.97, above its initial public offering price of $21 a share, giving Mobileye a valuation of roughly $23 billion. The stock opened on the Nasdaq Stock Market a little before midday Wednesday, trading under the symbol MBLY. The shares were sold late Tuesday at a price … Read more
Dow jumps almost 750 points as stocks end higher, bond yields fall after reports Fed may shift to smaller rate hikes after November
U.S. stocks closed sharply higher Friday as investors weighed a story from the Wall Street Journal and comments from Federal Reserve officials suggesting that the central bank might shift to smaller interest-rate rises after its November meeting. Investors were also coping with intraday volatility in stocks as around $2 trillion in notional value of options … Read more
Stocks Close Higher to Finish Strong Week
The Dow Jones Industrial Average raced to its best three-week stretch since November 2020, boosted by the prospect of a slower pace of interest rate increases and the latest batch of corporate earnings. Major indexes started Friday with declines before turning higher, finishing the session near their highs of the day. The Dow added 748.97 … Read more
Why stock market investors should wait for the 10-year Treasury to ‘blink’
When a key part of the U.S. bond market starts shrugging off new Federal Reserve interest rate hikes or tough talk on inflation, it’s probably time to buy stocks, according to James Paulsen, the Leuthold Group’s chief investment strategist. To inform his call, Paulsen looked at the relationship between the 10-year Treasury yield TMUBMUSD10Y, 4.012% … Read more
S&P 500 would be in an ‘earnings recession’ if not for this one booming sector — but that may not last long
Fears of an actual recession are weighing on investors near the end of 2022, but there is another type of recession also in sight: an earnings recession. The S&P 500 index would already be in an earnings recession if it were not for one high-flying sector in 2022: energy. Higher oil prices have led to … Read more
Credit Suisse Seeks to Calm Market Jitters
Credit Suisse Group AG tried to assuage fears about its health in a memo to employees and in a round of phone calls to investors and clients over the weekend, according to people familiar with the matter. Credit Suisse shares tumbled 9% early Monday and are down nearly 30% over the past month. Spreads on its … Read more
These five stocks in the S&P 500 lost almost half a trillion dollars in value in one day amid widespread wipeout
A decline in gasoline prices couldn’t mask the problem that spooked investors on Sept. 13: Core consumer prices resumed their rapid increase during August. Fear of the Federal Reserve’s ongoing tightening of monetary policy to fight inflation sent the Dow Jones Industrial Average DJIA, -3.94% down 1,276 points (or 3.9%) to 31,104, with all 30 … Read more