Financial

The stock market desperately wants to put in a low. The Federal Reserve won’t let it. You wouldn’t know that from looking at the market this past week. On the one hand, U.S. economic data remains strong, as jobless claims fell below 200,000 for the first time since May, a sign that the Fed will

CNBC’s Jim Cramer on Friday warned investors that the stock market is unlikely to recover anytime soon. “The charts, as interpreted by Mark Sebastian … suggest that this market’s got more downside, and it’s way too early to go really bullish,” he said.  related investing news Chart analysts say the breakdown in Apple’s stock may

US stocks fell Friday, closing out steep losses for the week, month, and third quarter. The Fed’s preferred inflation gauge increased 4.9% in August from a year ago, up from 4.7% in July. For the third quarter, the S&P 500 gave up 6%, while the Nasdaq lost nearly 5%, and the Dow sank more than

U.S. stocks were on pace for another week of sharp losses Friday after a vicious sell-off that sent the S&P 500 to lows not seen since 2020. The bellwether index was flat at open, while the Dow Jones Industrial Average ticked down around 0.2%. The technology-focused Nasdaq Composite was off by 0.3%. Investors will close

First published : 7:13AM EST Stocks were volatile in the early hours of Friday morning as investors tried to remain optimistic amid an increasingly uncertain economic climate and dismal company updates. The Dow Jones Industrial Average (DJIA) fell 0.6%, while those on the S&P 500 (SPX) dropped 0.4%, as of 9:46 a.m. EST, Friday. Meanwhile,

US stocks dropped on Thursday, giving back some of the prior session’s gains, with the Dow shedding more than 200 points. The 10-year Treasury yield climbed after it dropped by its widest margin since 2020 on Wednesday. The UK’s prime minister vowed to push ahead with tax-cut plans that sent markets spiraling earlier. Something is

It has been a brutal month for the market, with the Dow Jones Industrial Average down about 7.4%, or more than 2,370 points, in September. The main culprit has been the hawkish Federal Reserve, which not only continued to aggressively raise interest rates but also continues to forecast more big rate hikes ahead this year. The

U.S. stocks cascaded Thursday morning as recession jitters returned to Wall Street after a fleeting relief bounce in the previous session spurred by the Bank of England’s bond-buying move. The S&P 500 plummeted 1% early into the session, while the Dow Jones Industrial erased more than 200 points, or around 0.8%. The technology-focused Nasdaq Composite

Stocks have fallen hard this year and experts say we may not be close to the bottom. We’ll also look at why House Republicans are pushing to stop a government funding bill and a push to bolster the nation’s food security.  But first, keep track of the latest news about Hurricane Ian as it makes

CNBC’s Jim Cramer said that Wednesday’s rally will likely reverse course as soon as a Federal Reserve official reminds Wall Street of its hawkish stance against inflation. “The moment some Fed-head explains the obvious, today’s gains will indeed disappear because they’re incompatible with the Fed’s attempts to control inflation. This rally was based on a

Stock futures inched lower in overnight trading Wednesday after the Dow Jones Industrial Average staged a comeback off its lowest level for the year. Futures tied to the Dow Jones slipped 49 points, or 0.16%, while S&P 500 and Nasdaq 100 futures shed 0.19% and 0.26%, respectively. The overnight moves came following a broad rally

[Stay on top of transportation news: Get TTNews in your inbox.] President Joe Biden on Sept. 28 warned oil and gas companies against increasing prices for consumers as Hurricane Ian neared landfall along Florida’s southwest coast. “Do not, let me repeat, do not use this as an excuse to raise gasoline prices or gouge the

U.S. stock futures fell in the early trade Wednesday as the 10-year Treasury yield – a key economic linchpin – briefly spiked past 4%, marking a closely watched level for the worst bond sell-off in decades. Futures tied to the S&P 500 tumbled 0.7%, placing the index back on pace to slide below its June

Asian indices have plunged as 10-year benchmark yields have touched a high of 4%. Japanese equities are plummeting as firms are set to report a weak quarterly result season. Investors should brace for a hawkish tone by the Fed Powell while delivering Wednesday’s speech. Markets in the Asian domain are displaying a vulnerable performance as