Individual investors have waded back into the stock market after laying low through the worst of this year’s selloff. But don’t call it a comeback yet. So-called retail investors in the last two weeks have ramped up purchases of stocks and bullish call options, helping send meme stocks, such as Bed Bath & Beyond Inc. … Read more
The Nasdaq Composite is officially in a new bull market. The technology-focused index rose 2.9% Wednesday, reflecting a rise of more than 20% from its low in mid-June. It climbed with other major indexes after a softer-than-expected inflation reading raised investors’ hopes that the Federal Reserve may soon moderate the pace of its campaign of … Read more
US stock indexes were lower Tuesday as investors monitored earnings reports and economic data ahead of inflation figures due later in the week. The S&P 500 slipped 0.4%, a day after the broad index finished with modest losses. The Dow Jones Industrial Average slipped 0.1% while the technology-heavy Nasdaq Composite fell 1.4%.
US stocks wavered Monday as investors reviewed a series of earnings reports for insight into the impact of higher inflation on companies and consumers. The S&P 500 fell 5.13 points, or 0.1%, to 4140.06. The Nasdaq Composite retreated 13.10 points, or 0.1%, to 12644.46 after spending much of the afternoon hovering between gains and losses. … Read more
US stocks wavered in Thursday afternoon trading as investors considered a fresh batch of corporate earnings reports and the number of Americans applying for unemployment benefits increased. The S&P 500 fell 0.1%, a day after jumping 1.6%. The technology-focused Nasdaq Composite rose 0.4% and the Dow Jones Industrial Average dipped 0.3%.
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Updated Aug. 2, 2022 6:21 pm ET List two articles (2 minutes) Robinhood Markets is slashing about 23% of its full-time staff as the flashy online brokerage continues to reel from a sharp slowdown in customer trading activity. The job cuts mark the second round of layoffs this year at Robinhood, which in April reduced … Read more
US stock futures and global markets slipped Tuesday on fears that US House Speaker Nancy Pelosi’s planned visit to Taiwan could heighten tensions between Beijing and Washington and add geopolitical risk to investors’ already muted outlook. Futures tied to the S&P 500 weakened 0.5%, a day after the broad index ended its first trading day … Read more
US stocks wavered Monday to start a new month of trading after finishing July with their best month since 2020. Major indexes edged lower in early afternoon trading and spent much of the day flitting between gains and losses. The S&P 500 recently dropped 0.6%, while the Dow Jones Industrial Average fell 0.4%. The technology-focused … Read more
List two articles (2 minutes) The ability of sentiment to influence the direction of markets was on full display this past week. Investors emerged from deep gloom and managed to find price-supporting rays of light even in clouded news. The most important was in the interpretation of comments by the Federal Reserve Chairman Jerome Powell … Read more