Stock is set for its worst single-day drop Author of the article: Reuters Devik Jain and Anisha Sircar A monitor displays Snap Inc. signage on the floor of the New York Stock Exchange. Photo by Michael Nagle/Bloomberg Wall Street’s main indexes fell on Tuesday, with the tech-heavy Nasdaq leading the slump, as a weak earnings… Continue reading Stocks are plunging again today after Snap’s bleak forecast sparks selloff
Here’s a better strategy for investors than trying to catch falling knives
Martin Pelletier: We have not yet seen the across-the-board capitulation of previous meltdowns An exhausted trader slumps in his chair at the Toronto Stock Exchange October 19, 1987, known as Black Monday. The Canadian Press The daily market swings have been quite amazing to watch, but it appears many are still trying to time the… Continue reading Here’s a better strategy for investors than trying to catch falling knives
Why the TSX is finally finding some love from investors jilted by U.S. stock markets
Historical trends suggest the TSX is likely to outperform the S&P 500 over the next several years Signage for the Toronto Stock Exchange (TSX) is seen in the financial district of Toronto. Photo by Cole Burston/Bloomberg Canadian stocks have had a decent run since the global financial crisis of 2008. From December 31, 2008, through… Continue reading Why the TSX is finally finding some love from investors jilted by U.S. stock markets
Stock Market Today: Oh, Snap! Social Swoon Keeps Market Guessing | Kiplinger
The stock-market pendulum swung in the other direction again Tuesday, though how exactly it treated investors’ individual portfolios was largely contingent on how much technology and tech-esque exposure they had. The major catalyst today was last night’s announcement by Snap (SNAP) CEO Evan Spiegel that the company would fall well short of its internal current-quarter… Continue reading Stock Market Today: Oh, Snap! Social Swoon Keeps Market Guessing | Kiplinger
Bank of America CEO Brian Moynihan says US consumers are in good shape and won’t slow spending — even as stocks sell off in anticipation of a slowdown
US consumers are in good financial shape and are managing well in a high inflationary environment, Bank of America CEO Brian Moynihan said. Account balances for consumers are higher now than they were pre-pandemic, he told Bloomberg. Investors have been rattled by financial updates from retailers such as Target and Walmart. Loading Something is loading.… Continue reading Bank of America CEO Brian Moynihan says US consumers are in good shape and won’t slow spending — even as stocks sell off in anticipation of a slowdown
US stocks end mixed as the Dow reverses higher while the S&P 500 hovers near bear market territory
US stocks were mostly lower Tuesday, with the Nasdaq losing more than 2%. Tesla shares dipped below their S&P 500 inclusion price and moved closer to flashing a death cross. Billionaire Bill Ackman said markets are imploding as investors lose confidence in the Fed. Loading Something is loading. US stocks closed mixed Tuesday and… Continue reading US stocks end mixed as the Dow reverses higher while the S&P 500 hovers near bear market territory
George Soros warns Russia’s invasion of Ukraine could lead to World War III and even civilization’s demise
George Soros warned Russia’s invasion of Ukraine could lead to World War III and civilization’s demise. Global problems like climate change have been forced to take a backseat due to Russia’s war on Ukraine, he told the World Economic Forum. He also said China’s slowing economy could trigger a global depression. Loading Something is loading.… Continue reading George Soros warns Russia’s invasion of Ukraine could lead to World War III and even civilization’s demise
The stock market needs these 4 things to happen before it can find a bottom and starting moving higher again, Ned Davis Research says
The stock market has some work to do before it hits bottom and moves higher, according to Ned Davis Research.The research firm highlighted the four things that need to happen for the stock market to bottom.Stocks have seen fits and starts in rallies that eventually get sold as investors are overwhelmingly bearish. Loading Something is… Continue reading The stock market needs these 4 things to happen before it can find a bottom and starting moving higher again, Ned Davis Research says
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