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DoorDash stock bounces back from record intraday low, Airbnb avoids biggest stock drop ever
Like the broader stock markets, gig-economy companies staged a comeback of sorts to close out Monday’s volatile session, but not before DoorDash Inc. shares hit an all-time low and Airbnb Inc. flirted with its steepest drop on record. Major U.S. stock markets and indexes, which plunged in early trading due to a combination of factors […]
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S&P 500 is close to a correction. Here’s the number it needs to avoid
Stock benchmarks on Monday were headed significantly lower near the open, as investors braced for a Federal Reserve gathering early this week that could set the tone for the rest of 2022, amid tensions centered on Russia over the military buildup on the border with Ukraine. On Monday, the S&P 500 index SPX, -2.10% was […]
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Peloton takes another hit after another fictional heart attack, on ‘Billions’ this time
Peloton Interactive Inc., which has seen its stock battered over the past year, is dealing with another potential PR disaster after a main character on Showtime’s “Billions” was shown suffering a heart attack while using a Peloton machine. The “Billions” scene comes on the heels of a fatal onscreen Peloton heart attack for a major […]
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Is the market crashing? No. Here’s what’s happening to stocks, bonds as the Fed aims to end the days of easy money, analysts say
As the stock market has convulsed lower and yields for bonds have surged in recent weeks, culminating in a so-called correction for the Nasdaq Composite Index, average Americans are wondering what’s amiss with Wall Street. Increasingly, Google searches have been focused on the state of the market (and the economy), and for a good reason. […]
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These money and investing tips can shelter your portfolio from the stock market’s worst storms
Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS Can you name today’s biggest risks? What the World Economic Forum in Davos can teach us about retirement financial security Read More ‘Godfather’ of technical analysis says the […]
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How a Russian invasion of Ukraine could trigger market shock waves
The threat of a devastating European ground war hasn’t done much to rattle financial markets so far, but investors still appear likely to snap up traditional safe-haven assets should Russia attack Ukraine, market watchers said. In that event, the “typical kind of conflict responses” would likely be in play, including moves into long-duration Treasurys, as […]
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The Nasdaq Composite just logged its 66th correction since 1971. Here’s what history says happens next to the stock market.
The Nasdaq Composite Index COMP, -1.15% on Wednesday booked its first close in correction territory since March, with a rapid surge in Treasury yields and expectations for interest-rate increases from the Federal Reserve blamed for weakness in the formerly highflying benchmark. The technology-heavy index is off to a terrible start, down 8.3% so far, in […]
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Alcoa stock rises following earnings beat
Alcoa Inc. shares rose in the extended session Wednesday after the aluminum company topped Wall Street estimates for the quarter. Alcoa AA, -0.70% shares rose 2% after hours, following a 0.7% decline in the regular session to close at $59.63. The company reported a fourth-quarter loss of $392 million, or $2.11 a share, compared with […]
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Dow ends more than 500 points lower as stocks sink amid rising Treasury yields and a Goldman earnings miss
All three major U.S. stock benchmarks closed sharply lower Tuesday, with losses led by the technology-laden Nasdaq Composite Index, as the high-growth tech sector fell under pressure from climbing Treasury yields and investors began digesting a busy week for company earnings. A blockbuster tech deal was also in the spotlight, after Microsoft Corp. MSFT said […]
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Get ready for the climb. Here’s what history says about stock-market returns during Fed rate-hike cycles.
Bond yields are rising again so far in 2022. The U.S. stock market seems vulnerable to a bona fide correction. But what can you really tell from a mere two weeks into a new year? Not much and quite a lot. One thing feels assured: the days of making easy money are over in the […]