Stock Market Today: Dow Futures Slip Before Powell Remarks, NIO Stock Drops

Text size Fed chair Jerome Powell will deliver remarks at a central bank summit. Olivier Douliery / AFP via Getty Images Stocks slipped on Wednesday ahead of a summit of top central bankers where investors will closely watch for clues about how high the Federal Reserve will raise interest rates. Futures for the Dow Jones … Read more

Dow Futures Surge as Wall Street Rebounds From Last Week’s Steep Selloff

Text size Traders work on the floor of the New York Stock Exchange. Spencer Platt / Getty Images Stock futures traded sharply higher Tuesday as investors returned from a three-day weekend feeling a bit more optimistic after last week’s steep selloff. Contracts linked to the Dow Jones Industrial Average rose 493 points, or 1.7%, to … Read more

Exxon May Be Making ‘More Than God.’ But Apple and Alphabet Are More Profitable.

Text size President Biden, who is hurting politically due to high inflation, took a swipe at industry leader Exxon Mobil on Friday. Brandon Bell / Getty Images Exxon Mobil may be making “more than God this year,” as President Joe Biden said Friday in Los Angeles, but it’s far from the most profitable company in … Read more

Why the Stock Markets Are Falling So Hard

Text size Wall Street Bull Dreamstime This past week was another brutal one for the markets. Investors had plenty to worry about from the Fed to inflation and retail sales. The Dow Jones Industrial Average lost 4.6% last week. It’s fallen 10 of the past 11 weeks and suffered its largest two-week percentage decline since … Read more

Alibaba Stock Jumps to 2-Month High. Thank Videogames.

Text size Alibaba and other Chinese tech stocks have been beaten down amid regulatory pressures. Greg Baker / AFP via Getty Images Alibaba and other Chinese tech stocks roared higher on Wednesday as a wave of videogame approvals from regulators in China boosted sentiment on the sector. China’s gaming regulator greenlit the publishing licenses for … Read more

How Long Do Bear Markets Last? S&P 500 Is Near One— and It May Fall More.

The worst selloffs began in 1973, 2000 and 2007. Spencer Platt / Getty Images Text size With the latest 4% drop on Wednesday, the S&P 500 index is now 18% below its all-time high and dangerously close to a bear market, defined by a 20% fall from the peak. Where it goes from here is … Read more