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2 mins read
US stocks trade mixed as investors assess online advertising weakness following grim Snap earnings
Of the 17% of S&P 500 companies that have reported earnings, 80% have beat profit estimates by a me…
Matthew Fox
2 mins read
Nasdaq surges 3% to reclaim key level for the first time since April as investors assess earnings
Of the 43 S&P 500 companies that have already reported results, about 60% beat profit and sales exp…
Matthew Fox
2 mins read
US stocks drop with Nasdaq down 2% as Snap earnings disaster sends shockwave through tech sector
The decline in tech stocks on Friday came even as the 10-year Treasury yield fell to a two-month lo…
Matthew Fox
2 mins read
US stocks gain as investors assess latest wave of 2nd-quarter earnings results
Of the 43 S&P 500 companies that have already reported results, about 60% beat profit and sales exp…
Matthew Fox
1 min read
Elite investor David Einhorn warns of bubble-level hype around the hottest stocks - and teases a mystery bet
Greenlight Capital's David Einhorn said the buzz around the most speculative stocks hit dangerous h…
Theron Mohamed
2 mins read
US stock futures jump and the dollar drops as traders dial back expectations for a major Fed rate hike
Investors and central banks are grappling with a slowdown in growth and an ongoing surge in inflati…
Harry Robertson
2 mins read
US stocks gain to kick of the 3rd quarter as bond yields fall on recession fears
Bad news like an economic growth slowdown could be good news for the stock market in the short-term…
Matthew Fox
2 mins read
US stocks fall to start the 3rd quarter as Fed forecast suggests a recession is already here
The Federal Reserve Bank of Atlanta lowered its GDPNow forecast for second-quarter GDP growth to ne…
Matthew Fox
2 mins read
Mega-cap tech stocks drag Nasdaq down 3% as bear market rally fizzles out
The decline came on a day when interest rates were rather stable and investors continued to guess i…
Matthew Fox
2 mins read
US stocks edge higher as China softens its COVID-19 travel restrictions
"The COVID crisis appears to be rapidly retreating in China, with no major cities in widespread loc…
Matthew Fox
2 mins read
US stocks rise and yields tumble after Fed's Jerome Powell vows 'unconditional' steps to tame inflation
Powell's relatively hawkish testimony helped lower both bond yields and commodity prices as concern…
Matthew Fox
2 mins read
US stocks edge higher as investors await day 2 of Powell testimony on state of economy
"Worries about recession and its potential negative impact on demand [are ripping] through cyclical…
Matthew Fox
2 mins read
US stock futures slip as worries about recession trump optimism over US easing of China tariffs
The dark cloud over markets refuses to budge, with US stock futures giving up earlier gains as inve…
Harry Robertson
2 mins read
Dow falls 578 points as investors digest interest rate hikes from central banks around the world
Central banks in England, Switzerland, Taiwan and Brazil all raised interest rates this week in a b…
Matthew Fox
2 mins read
US stock extend decline as investors prepare for a potential 75 basis point rate hike from the Fed
The Fed was previously expected to raise interest rates by 50 basis points, but Friday's hot CPI in…
Matthew Fox
2 mins read
US stocks gain to start the 2nd half of the year as traders wrap up early for Independence Day
The stock market closed at 1 p.m. on Monday, and is closed all day on Tuesday in observance of Inde…
Matthew Fox
2 mins read
Dow plunges more than 700 points, Nasdaq falls 4%, and S&P 500 erases 2021 gains as recession fears mount
"Concerns are mounting about whether the Fed is headed towards a policy mistake, otherwise known as…
Matthew Fox
2 mins read
US futures fall and oil hovers at $100 as recession fears stalk markets
Investors are nervous as they weigh up the twin threats of inflation and recession, the last of whi…
Harry Robertson
2 mins read
US stocks rise as investors attempt to rebound after the S&P 500 closes in a bear market on rate fears
Higher interest rates could have a chilling effect on the economy and push mortgage rates to levels…
Matthew Fox
2 mins read
Global stocks slip and bonds rise, with investors gripped by renewed worries about economic growth
A sharp drop in global consumer confidence is driving stock investors' concerns that the world econ…