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 …
S&P 500 is close to a correction. Here’s the number it needs to avoid Read More »
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. …
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 …
How a Russian invasion of Ukraine could trigger market shock waves Read More »
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 …
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 …
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 …
Billionaire hedge-fund manager Bill Ackman said the Federal Reserve needs to deliver old-fashioned “shock and awe” to financial markets by delivering a much larger onetime increase to benchmark interest rates to combat inflation. “The @federalreserve could work to restore its credibility with an initial 50 bps surprise move to shock and awe the market, which …
Don’t expect stock-market gains in 2022 if the Federal Reserve sticks to its guns on rate hikes and tightening overall financial conditions, says Kyle Bass, founder and chief investment officer of Hayman Capital Management. “With interest rates concurrently with quantitative tightening, there’s no way the stock market goes up this year, it probably goes down …
U.S. stock indexes were flat to modestly higher Wednesday afternoon, despite starting out on a stronger note, after a reading on inflation came in near a four-decade high. What’s happening The Dow Jones Industrial Average DJIA, +0.11% was down 20 points, or less than 0.1%, near 36,233. The S&P 500 SPX, +0.28% added 9 points, …
In a somewhat sedate next-day reaction to the Federal Reserve’s December meeting minutes, bond traders took in the notion of a more aggressive Federal Reserve prepared to swiftly abandon easy policy. The rather ho-hum response could be seen in Thursday’s modest Treasury selloff, which sent yields up by only a handful of basis points or …
