Financial

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
0 Comments
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
0 Comments
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
0 Comments
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
0 Comments
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
0 Comments