Stocks fall as inflation fears continue to cause market fluctations
Yahoo! Finance reporter Emily McCormick speaks with CBS News' Tanya Rivero and Elaine Quijano about the factors causing the U.S. stock market to fluctuate.
Among Meta Platforms (formerly Facebook), Apple, Amazon, Netflix, and Alphabet (formerly Google), there are two amazing deals and one time-tested stock to steer clear of.
Now that we’re into the third quarter, we’re stating to see the pundits sound off on what the Q2 economic data will show – and some of them are openly saying that second quarter GDP will record a contraction. Coming on the heels of the 1.6% contraction in Q1, this will put the US in a technical recession. Along with rising inflation and the Fed’s turn to higher rates and monetary tightening, this adds up a darkening economic picture. But Jim Cramer, the well-known host of CNBC’s ‘Mad Money’ prog
The first half ended last week, and the S&P 500 is now firmly stuck in a bear. The rapid change from record high levels at the end of last year, to a 20%+ drop in these past six months has pummeled investors, who have had to cope with shrinking share values, increased volatility, and an unpredictable and risky equity environment. The most serious issue facing economists and traders right now is the possibility of recession in the near term. The US GDP contracted by 1.6% in Q1, and preliminary da
Many investors dumped their growth stocks this year as rising interest rates sparked a grueling rotation toward more conservative investments. Over the past month, I highlighted a few growth stocks that still looked like worthy turnaround plays in this challenging market. Today, I'll turn my attention toward three former growth stocks that are arguably broken companies instead -- ContextLogic (NASDAQ: WISH), more commonly known as Wish, Grab (NASDAQ: GRAB), and Matterport (NASDAQ: MTTR) -- and explain why they're all worth selling.
Obviously a market crash can erase years of diligent savings and shrewd investing in the course of a few months. On the other hand, pulling out of the stock market now can prevent you from getting big returns when it recovers. Stock valuations were near all-time highs in 2021, so the recent downturn has simply dropped those valuations in line with historically normal levels.
The economy is rocky, but high-net-worth individuals aren't worried.
Burry noted the Fed got rid of a fraction of the Treasuries it had planned, and actually added mortgage-backed securities to its holdings.
If there's a perfect word to sum up the first six months of 2022 for the investing community, I believe it's "Yuck!" As of the closing bell on June 30, 2022, the U.S. stock market delivered its worst first-half return in 52 years. Since hitting their respective all-time closing highs between mid-November and the first week of January, the widely followed Dow Jones Industrial Average (DJINDICES: ^DJI), broad-based S&P 500 (SNPINDEX: ^GSPC), and growth-stock-driven Nasdaq Composite (NASDAQINDEX: ^IXIC), respectively plunged by as much as 19%, 24%, and 34%. You'll note these figures firmly entrench the S&P 500 and Nasdaq in a bear market, with the iconic Dow Jones just one bad day away from joining its peers.
Schiff publicly predicted the great financial crash of 2008. Will he be right again?
Stocks are set to veer south post holiday, following earlier optimism over reports President Joe Biden may lower tariffs on some Chinese goods to help ease the inflation sting. There isn’t much to explain the moodiness of stocks, which logged gains on Friday, but weekly losses on worries about a recession spurred on by rising U.S. interest rates. In the U.S., mortgage applications are down 28% from their peak, new home sales are off 17% and housing starts down 13%.
Ever read those financial blogs that insist that if you give up your $5 daily coffee, you'll retire a millionaire? According to investing giant Warren Buffett, you bet. After all, Buffett has grown his wealth by investing.
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In this article, we talk about the 11 best blue chip stocks to buy right now. If you wish to skip our detailed analysis of the current market situation, go directly to 5 Best Blue Chip Stocks To Buy Right Now. On The Horizon: Recession The S&P500 recorded its worst first-half of the year since […]
The bullish divergence in the stock market breadth and the price volume analysis of S&P 500 suggest a potential big move ahead.
Bitcoin might have cemented its status as “digital gold,” but one other widely touted purpose has yet to properly play out. The daddy of crypto is supposed to be a hedge against inflation but recent times have shown that soaring inflation has not provided a tailwind. In fact, Bitcoin's performance has followed the lead of the equity market, and mirroring the wide downturn in 2022, bitcoin’s price has tumbled over 70% since peaking last November. That said, the “death of bitcoin” has been announc
The Biden administration may trim mortgage costs for new and low-income homebuyers in a move to make homebuying more accessible.
Given the correlation between cryptos and stocks, a pause in U.S. trading means that digital assets are likely to be subdued.
Berkshire Hathaway has returned to trouncing the market in 2022. Roughly halfway through the year, CEO Warren Buffett's company is down roughly 9%, while the S&P 500 index has slid roughly 21% across the stretch. Read on for a look at two companies in the Berkshire Hathaway portfolio that are posting eye-catching performance despite the tough market conditions in 2022.
Just like picking up stocks with strong growth potential, pinpointing toxic stocks and abandoning them at the right time hold the key to protecting your portfolio from big losses.