Futures shackled by rate-hike, recession worries

Dow e-minis were down 225 points, or 0.76%, and S&P 500 e.mInis was down 27.75 points. Cyclical stocks traded sharply lower on worries such sharp rate hikes could rattle the economy.
#S&P #Dow #500 #News #Business #Economy

21 hours ago

S&P 500 and Nasdaq 100 Week Ahead Forecast: Stock Market Selloff May Get Uglier

The S&P 500, the Nasdaq 100 and the Dow suffered heavy losses during the week after the federal reserve endorsed a hawkish monetary policy tightening path. A sustained recovery seems difficult, with traders and speculators likely tempted to fade any rally attempt for now.
#500 #Nasda #News #Business #Economy


Global markets fall sharply on worries about rates, 'weakening' economy

The S&P 500 collapsed 1.7 per cent after a preliminary report suggested that US business activity is still shrinking. But it also said that it was shrinking as badly as it was in earlier months. The fda and other central banks circling the world aggressively hiked interest rates.
#Mint #500 #News #Business #Markets

3 days ago

S&P 500 Fails at Key Hurdle as Traders Eye FOMC

Stocks opened lower as overnight markets were cautious ahead of this week's slate of central bank meetings. Equities remain in negative territory after a strong morning push, as the S&P 500 failed to reclaim the key 3900 area. Traders should remain wary of being long risk in the current environment.
#S&P #500 #News #Business #Markets

1 weeks ago

History Says Bear Market Ends in October with S&P 500 at 3020 - BofA's Hartnett By Investing.com

FDX -0.07% Add to/Remove from a Portfolio SPY. Both Fed funds and U.S. Yields are likely heading to 4%-5% in the next 4-5 months, which should translate into new lows in stocks.
#Fed #500 #News #Business #Markets

1 weeks ago

Stock market news live updates: Stocks slip as bevy of economic data, corporate news roll in

Flurry of corporate headlines held investor attention over any moves from the major averages. The benchmark S&P 500 slid 0.8%, while the Dow Jones Industrial Average dipped 50 points, or about 0.2%. AFRM, a leader in the space, fell more than 3%.
#AFRM #500 #DowJonesIndustrialAverage #News #Business #Markets

1 weeks ago

Stock Market Outlook: Investors Should Buy Stocks Now and Can't Wait for a Recession

Inflation is cooling – and that's the only indicator that matters when determining a market bottom, says Jim Paulsen. If inflation continues its current downtrend, that would imply peak inflation was in June, when the S&P 500 finished its worst first-half in over 50 years.
#JimPaulsen #500 #News #Business #Economy

1 weeks ago

Markets make sharp recovery but volatility is set to remain

A sharp fall in the global equities had meant that markets opened with cuts of almost 1.9%. Other Asian markets had also opened weak on Wednesday following a 4.32% and 5.12% cut in S&P 500 and Nasdaq on Tuesday. Analysts and economists expect the record high of 18,604 to be tested by Diwali next month.
#Asian #500 #News #Business #Markets

1 weeks ago

Buy these quality stocks as the market enters treacherous territory, BMO says

The market is coming off its worst day since June 2020, with the S & P 500 dropping more than 4% on the back of hotter-than-expected inflation data. Stocks are pivoting more to defensive sectors, such as consumer staples and utilities, to contend with the uncertainty.
#BMO #500 #News #Business #Markets

1 weeks ago

US stocks tumble after inflation stays hotter than expected

The S&P 500 sank 2.3% in early trading, threatening to snap a four-day winning streak. A report showed inflation decelerated to 8.3% in august, instead of 8.1% economists expected. Many of the data points within the report were worse than economists expect.
#500 #News #Business #Markets

1 weeks ago

Dow Jones Propels Higher Before CPI, Nikkei 225 and Hang Seng Index May Follow

Dow Jones, Nasdaq 100, S&P 500 climbed 0.72%, 1.21% and 1.09%. A lack of economic event risk, as well as the Fed’s blackout period until September’s interest rate announcement, likely had traders placing bets ahead of tomorrow’s highly anticipated CPI report. The headline rate is seen weakening to 8.1% y/y in August.
#S&P #DowJones #CPI #News #Business #Markets

2 weeks ago

SPDR S&P 500 (ARCA:SPY) – 'We Have Not Hit Bottom Yet:' Michael Burry Calls Out Recent Market Crashes — What Could Be Next? - Benzinga

The former hedge fund manager says he has been too bearish this year. He says the market has shown positive signs in the third quarter. The SPDR S&P 500 ETF Trust SPY is down 16.7% year-to-date in 2022.
#MichaelBurry #S&P #500 #News #Business #Markets

2 weeks ago

Wall Street reaches four-week highs as bond yields drop

The last time the Nasdaq Composite, S&P 500 and the Dow Jones Industrial Average reached a higher one-day percentage jump was on august 10. Investors doubt this is a long-lasting trend. The 10-year Treasury yield slipped from three-month highs hit earlier in the session.
#Treasury #NasdaqComposite #500 #WallStreet #News #Business #Markets

2 weeks ago

Michael 'Big Short' Burry: The Worst Is Yet to Come - TheStreet

The S&P 500 has dropped 17% year to date but rallied in the two months through Aug. 16 amid interest-rate optimism. No one can accuse the famed investor of inconsistency.
#MichaelBigShort #TheStreet #500 #News #Business #Markets

2 weeks ago

Wall St extends losses as Fed worries remain; Bed Bath & Beyond shares sink

The index is down nearly 18% so far this year while the Nasdaq has shed nearly 26% as rising interest rates hurt megacap technology and growth stocks. The benchmark S&P 500 closed at a six-week low on Friday as worries about the European gas crisis overshadowed relief from the monthly jobs data.
#WallSt #Nasdaq #500 #News #Business #Markets

2 weeks ago

What the Club is watching Friday — solid jobs growth, new Starbucks CEO, Meta-Qualcomm VR

S & P 500 Short Range Oscillator is now very oversold at minus 8.86%. August nonfarm payrolls grew ahead of expectations at 315,000 versus 318,000 consensus estimate from Dow Jones. Great numbers from Lululemon (LULU) on Thursday night. Broadcom (AVGO) said none of its products are affected by the U.S. Government's restriction on shipments to China. Starbucks (SBUX) announced a new CEO, Laxman Narasimhan, and the hire is a win for coffee chain.
#LaxmanNarasimhan #Lululemon #500 #DowJones #China #News #Technology #VirtualReality

3 weeks ago

Bank of America sees 'no real signs of a bull market,' calls for S&P 500 to fall to 3,600

The S & P 500 has rebounded nearly 8% from its 52-week low from June 17. However, the market sold off again in recent weeks as Federal Reserve officials reaffirmed their commitment for aggressive rate hikes to squash inflation. Fed Chair Jerome Powell on Friday vowed to continue tightening policy in a way that will cause some pain to the economy.
#JeromePowell #BankofAmerica #500 #News #Business #Markets

3 weeks ago

Stock market news live updates: Stocks extend losses in downbeat start to September

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%. The benchmark U.S. 10-year Treasury yield reached 3.257%, its highest level since June.
#Treasury #500 #DowJonesIndustrialAverage #News #Business #Markets

3 weeks ago

S&P 500 Poised Ahead of Jackson Hole Where Markets Await a Potential Powell Pivot

The S&P 500 held onto overnight gains ahead of the much-anticipated speech by federal reserve chair jerome Powell later today. Higher stock prices and narrowing corporate bond spreads are signs of easing of monetary conditions. A change in tone from him could ignite volatility in many asset classes.
#jeromePowell #S&P #500 #JacksonHole #News #Business #Markets

1 months ago

Stock market news live updates: Stocks gain ahead of Powell's Jackson Hole speech

Central bankers from across the globe convened for the federal reserve's highly-anticipated Jackson Hole economic symposium. The s&P 500 jumped 1.4% after the index snapped a three-day losing streak in the previous session, and the tech-heavy Nasdaq Composite rallied 1.7%. Economists tuned in to the meeting in Wyoming for clues on the pace and magnitude of their rate-hiking plans for the rest of this year.
#Powell #500 #Nasdaq #JacksonHole #News #Business #Markets

1 months ago