Major indexes were down slightly in early trading Wednesday as stocks continued to slump after yesterday’s tech-driven selloff. The Dow Jones Industrial Average was down 0.4% about half an hour after the opening bell, while the S&P 500 and Nasdaq Composite fell 0.3% and 0.2%, respectively. Stocks fell sharply on Tuesday after surprisingly strong economic […]
The S&P 500 must close above 5,881.63 on Wednesday to signal a bullish market for 2025. The ‘first 5 trading day rule’ suggests positive early stock returns lead to a strong year. Since 1950, an S&P 500 gain of 1% or more in the first five trading days has led to an average annual return […]
A natural question at the start of a new year is whether the stock markets will keep climbing. The S&P 500 Index has enjoyed a particularly good run over the past 15 years, having recently broken through 6,000; it was as low as 732 in early 2009. Now is the time for retirees and all […]
Former President Jimmy Carter’s life, legacy honored Vice President Kamala Harris and Republican leaders delivered eulogies as mourners said their final goodbyes to the former President Jimmy Carter. President Joe Biden has marked Thursday, Jan. 9 as a national day of mourning to honor the death of former President Jimmy Carter. Biden called on the […]
US stock futures slipped on Wednesday as investors absorbed a report that President-elect Donald Trump is considering declaring a national economic emergency to pave the way for proposed tariffs. Futures on the S&P 500 futures (ES=F) and on the tech-heavy Nasdaq 100 (NQ=F) each shed roughly 0.3%, reversing earlier pre-market gains. Dow Jones Industrial Average […]
The Nasdaq Composite lost nearly 2% on Tuesday. Meta is getting rid of its third-party fact-checking program. Tens of thousands of people evacuated their homes in Los Angeles as wildfires grew quickly. Here are five key things investors need to know to start the trading day: 1. Tech sell-off Stocks fell on Tuesday as investors worried […]
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: Nvidia just made history. Again. On Monday, Nvidia stock closed at a record high, its first since November. Investors piled in ahead of CEO Jensen Huang’s highly anticipated CES keynote — perhaps anticipating […]
HONG KONG (AP) — Asian markets were mostly lower on Wednesday after shares slumped on Wall Street despite better-than-expected reports… HONG KONG (AP) — Asian markets were mostly lower on Wednesday after shares slumped on Wall Street despite better-than-expected reports on the U.S. jobs market and business activity. U.S. futures and oil prices were higher. […]
Treasury yields were little changed in early trading, with the 10-year hovering near its highest since late April. The latest surge in Treasury yields to multi-month peaks had a few factors behind it, analysts noted. But the biggest was the ISM services report for December, released Tuesday, which showed the prices paid indicator jumping to […]
U.S. stock futures were rising early Wednesday after taking a big leg down yesterday. President-elect Donald Trump and signs of stronger inflation are making traders jumpy at the start of 2025. The biggest concern at present is what the Federal Reserve will do next. After reducing interest rates by a percentage point at the end […]