Dow ends nearly 460 points lower as Nasdaq plunges after Apple downgrade; S&P 500 sets 2022 low

US stocks ended sharply lower Thursday, with the S&P 500 sliding to another 2022 low, while heavy losses for Apple Inc. and other tech-related stocks helped to set the tone as equities undid a bounce seen the previous session. How stocks traded The Dow Jones Industrial Average DJIA, -1.54% fell 458.13 points, or 1.5%, to … Read more

Dow closes up nearly 550 points in rebound from bear-market lows as bond yields fall after BOE intervention

US stock indexes on Wednesday rebounded from 2022 lows with support from a sharp fall in Treasury yields and a surprise intervention from the Bank of England in the UK government bond market. The Dow Jones Industrial Average snapped a six-session skid, while the S&P 500 ended its longest losing streak since February 2020. How … Read more

Busted: The myth of India decoupling from global markets

The primary job of any stock-market bull who makes a living because you and I buy stocks is to sell a theory, any theory, irrespective of whether we are in a bull market, a bear market or caught somewhere in between, as in the case currently. In a bull market, it is easy to sell … Read more

Why a rising 10-year Treasury yield is rattling financial markets as it nears 4%

The 10-year Treasury yield, a vital benchmark that influences a vast array of consumer borrowing costs, is on its way to hitting 4% for the first time in at least 12 years — a development that’s starting to ripple across financial markets. The rate TMUBMUSD10Y, 3.985% soared to as high as 3.988% on Tuesday — … Read more

This ‘single greatest predictor of future stock-market returns’ has fallen sharply — and that’s a bullish sign

CHAPEL HILL, NC – A good chunk of the bull market’s excesses have been worked off, according to the “Single Greatest Predictor of Future Stock Market Returns.” And that’s good news. I’m referring to the indicator, first proposed by the Philosophical Economics blog in 2013, that is based on the average household’s portfolio allocation to … Read more

Amid US recession fears, these steps can help protect your finances

It’s very easy to get swayed by headline news and market drops when you’re not clear on what you’re working towards. amanda wallace Head of insurance operations at MassMutual Meanwhile, a majority of Americans — 80% — are already worried about how a recession could impact their daily finances, MassMutual’s poll found. The survey was … Read more

Fearing a hawkish Fed? Here’s what’s likely limiting more downside in the stock market, according to JPMorgan’s Marko Kolanovic.

The stock market has been under pressure since the inflation report for August came in surprisingly strong last week, but JPMorgan Chase & Co.’s chief market strategist, Marko Kolanovic, doesn’t see this year’s drop getting much uglier despite a hawkish Federal Reserve . “While we recognize that more hawkish central-bank pricing and the resulting increase … Read more

Why stock-market bears are eyeing June lows after S&P 500 falls back below 3,900

Goodbye, summer bounce. The S&P 500 finished Friday below a crucial chart support level that’s served as a battleground in recent years, leading technical analysts to warn of a potential test of the stock market’s June lows. “Over the last three years, the level on the [S&P 500] with the most amount of volume traded … Read more

Can the Fed tame inflation without further crushing the stock market? What’s next for investors.

The Federal Reserve isn’t trying to slam the stock market as it rapidly raises interest rates in its bid to slow inflation still running red hot — but investors need to be prepared for more pain and volatility because policy makers aren’t going to be cowed by a deepening selloff, investors and strategists said. “I … Read more