World stock markets mixed ahead of US jobs data

Global stock markets and Wall Street equity futures were mixed Friday ahead of an update on the US jobs market while the Federal Reserve weighs whether more interest rate hikes are needed to cool surging inflation. London, Paris and Frankfurt stocks were lower while Shanghai and Tokyo advanced. Oil prices fell back. Investors were looking … Read more

Here’s how to get ready for the raging bull market that’s coming, says the author of bestseller ‘Tao of Trading’

Be nimble, be quick and do not count on buying the dip. That was BlackRock’s Investment Institute research arm laying out a non “Goldilocks” landscape on Monday for investors who are grappling with inflation and recession worries as earnings season looms big. Our call of the day comes from the founder of Tao of Trading … Read more

If this stock market is shaping up like 2008, here’s where we could be headed next, says strategist

Those looking for a bit of good news to start the week may have to cast the net further out. Stocks are tilting lower as COVID-19 cases flare up in China, threatening more lockdowns. And the plate was already full for investors this week, with inflation one of several data points to watch, and banks … Read more

Michael Burry of ‘The Big Short’ fame thinks the market selloff may be ‘halfway there’

Blink and you’ll miss market-missive tweets doled out sparingly from Michael Burry, the investor who rose to fame after correctly predicting the collapse of the US market. In his latest now-you-see-it-now-you-don’t tweet, the founder of Scion Asset Management appeared to be flagging that markets may be halfway through the recent selloff, following a bleak first … Read more

Dow down more than 500 points as brutal first half comes to close

US stocks opened sharply lower on Thursday following the release of closelywatched inflation data, while Wall Street was headed for its worst first half of the year in more than 50 years. How are stock-index futures trading? The S&P 500 dropped 72 points, or 1.9%, to 3,746. The Dow Jones Industrial Average fell 509 points, … Read more

US stocks push higher as Powell sees path back to 2% inflation while sustaining strong labor market

US stock indices pushed higher after a wobbly start Wednesday, leaving Wall Street potentially on to gain ground after back-to-back losses, as investors tune in to remarks by central bankers while fretting that soaring inflation is damaging the world’s biggest economy. How are stock indexes trading? The Dow Jones Industrial Average DJIA, + 0.16% was … Read more

This ‘underappreciated’ black swan could bring fresh chaos to the global economy

New week, same bounce. Stock futures point to fresh gains as investors grow optimistic that a bond route is ending, and the Fed’s rate-hike plans will get pruned due to a global slowdown. Of course, that optimism comes as discontent grows around the world from high commodity prices that have driven up food prices, crimped … Read more

Elon Musk joins the growing chorus fearing a US recession. But there are stocks for that.

Look out above, the dip buyers are back in town. Stock futures are soaring – for now – as Wall Street returns from a long holiday weekend, with Fed Reserve Chair Jerome Powell testifying in front of Congress this week. The buying mood comes after the S&P 500’s worst week since March 2020, including its … Read more

In a tough, post-Fed market, this strategist finds opportunity knocking in some of the year’s hottest sectors

Blink and you missed a post-Federal Reserve bounce, as stock futures signal a reboot for Wall Street selling on Thursday. Whatever reaction we see today is likely to be a one-day thing (just like last FOMC). The Fed has no idea where inflation is going, and neither do we. The economic data is what matters, … Read more

Strategist who nailed the recent S&P 500 top says three things are needed for a market bottom

Wariness is in order after the S&P 500’s bear-market finish and a potential 75 basis-point Fed hike just one day away. Gains for stock futures and a potential bounce are fading fast. Morgan Stanley’s Mike Wilson, who can count some wins after pounding the table this year over a gloomy stock setup, told clients on … Read more