When it comes to bear markets, investors can take comfort from history, which suggests that where there’s a beginning, there’s always an end. And according to Bank of America, investors have only got a few bear-market months left to endure after the US benchmark S&P 500 SPX, + 0.22% tumbled into bear territory at the … Read more
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
Text size The Ford logo Justin Sullivan / Getty Images Ford Motor made what it characterized as a major economic announcement Thursday. The company is adding more capital and labor in its efforts to win in electric vehicles. Ford (ticker: F) plans to hire 6,200 new unionized workers in the Midwest, converting about 3,000 temporary … Read more
International stocks mostly rose Monday, extending a rally that has pared some of this year’s losses, while US markets were set to stay closed for the Memorial Day holiday. The Stoxx Europe 600 added 0.3%, led by shares of technology and luxury-goods firms. Germany’s DAX edged up 0.3% and London’s FTSE 100 slipped 0.1%. .
A little pre-summer cheer finally filtered its way into the stock market the week before Memorial Day, but it will likely take more than the Dow Jones Industrial Average’s first winning week since late March to convince rattled investors that the pain is in the past. What happened? Real, or inflation-adjusted, interest rates fell over … Read more
Text size Meta Platforms’ advertising business has faced challenges from TikTok and Apple’s privacy changes. David Paul Morris / Bloomberg This year has been brutal for US stocks, but that goes double for high-growth technology stocks. A mix of rising bond yields and recession worries have weighed on the tech sector since late last year. … Read more