financial market news

High-profile NFT auctions from Beeple, Madonna flop amid crypto crash

High-profile NFT auctions from Beeple, Madonna flop amid crypto crash

The once-sizzling market for NFTs has become a spectacular bust, as high-profile auctions increasingly flop and investors who plunked down millions for bizarre digital artworks now struggle to unload them at a tiny fraction of what they paid. Last spring, the little-known crypto artist Beeple sold an NFT for an eye-popping $69 million. This month, …

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'The weight of this debt is crushing': I'm 74, and a retired speech-language pathologist with a student-loan debt of $200K. Am I obliged to pay it off?

‘What are the chances? I retire and the stock market crashes. All my plans are upside down.’ I want to draw on my 401(k) to renovate my new home. What options do I have?

Dear Quentin, I’m due to retire in two months and I have already moved to my new home in the sun. I have not sold my apartment in a major U.S. metropolitan area on the east coast, as I wanted to see how I settled into my new life. It’s a quiet, but beautiful city …

‘What are the chances? I retire and the stock market crashes. All my plans are upside down.’ I want to draw on my 401(k) to renovate my new home. What options do I have? Read More »

U.S. stock futures point to further pressure after worst day for equities in nearly two years

U.S. stock futures point to further pressure after worst day for equities in nearly two years

U.S. stock futures slumped on Thursday, following the worst slide in close to two years for the S&P 500. What’s happening Futures on the Dow Jones Industrial Average YM00, -1.37% fell 349 points, or 1.1% to 31091. Futures on the S&P 500 ES00, -1.50% dropped 48.75 points, or 1.2%, to 3874. Futures on the Nasdaq …

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U.S. stock futures slip a day after solid market bounce

U.S. stock futures slip a day after solid market bounce

U.S. stock futures slipped Wednesday, as investors reconsidered hawkish comments from Federal Reserve Chairman Jerome Powell. S&P 500 futures ES00 fell 0.4% to 4,065.75 Dow Jones Industrial Average futures YM00 fell 104 points, or 0.3%, to 32,478 Nadsaq 100 futures fell 0.8%, to 12,461 On Tuesday, the Dow industrials DJIA jumped 431.17 points, or 1.3% …

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Stock investors are now starting to feel the 5 stages of bear-market grief

Stock investors are now starting to feel the 5 stages of bear-market grief

The bear market for stocks isn’t over. In fact, it may have aways to go. That’s because — even with the S&P 500 SPX, +2.02% 16% below its all-time high, and both the Nasdaq Composite COMP, +2.76% and the Russell 2000 Index RUT, +3.19% into bear-market territory — many investors are more focused on when …

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This portfolio manager's strategy uses just one ETF and his own 'crash indicator' to beat the market by 530%

This portfolio manager’s strategy uses just one ETF and his own ‘crash indicator’ to beat the market by 530%

Wall Street saw a solid bounce on Friday, but stocks remains periously close to a bear market. With a war raging in Europe, surging prices all over and uncertainty over what central banks can do about it, investors may not get that traditional lazy, hazy summer. Providing our call of the day is the president …

This portfolio manager’s strategy uses just one ETF and his own ‘crash indicator’ to beat the market by 530% Read More »

These money and investing tips can help you juggle whatever the stock market throws at you

These money and investing tips can help you juggle whatever the stock market throws at you

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 Welcome to Generation Z’s first bear market Up until recently, young people’s primary experience of the market was that stocks almost always go up Read More The Dow …

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Dow books worst 5-day losing streak since 2020 as hot inflation reading weighs on Wall Street

Dow books worst 5-day losing streak since 2020 as hot inflation reading weighs on Wall Street

Stocks finished lower Wednesday, with the Dow booking its biggest 5-day drop in almost two years, following an eagerly awaited consumer price index reading that showed U.S. inflation slowed less than anticipated in April. How did stock indexes end? The Dow Jones Industrial Average DJIA fell 326.63 points, or 1%, ending at 31,834.11 after swinging …

Dow books worst 5-day losing streak since 2020 as hot inflation reading weighs on Wall Street Read More »