Dow stock market today: US stocks climb higher
4 years, 8 months ago

Dow stock market today: US stocks climb higher

CNN  

The stock market may have bounced back from its worst lows and plenty of bad news is already priced in, but it still might not be the right place to be invested during the coronavirus recession. “Since the third week of March we’ve been very aggressively going from zero exposure to credit to a large overweight in credit,” Alessio de Longis, senior portfolio manager at Invesco Investment Solutions. They react first to monetary stimulus and an improvement to financial conditions.” Fixed income investors have claims on company assets senior to those of stock holders should a business file for bankruptcy. The stock market, meanwhile, is more responsive to earnings, which typically are a lagging indicator and likely to be abysmal in the quarters to come, de Longis said.

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History of this topic

Why the stock market poses a big risk for 2025
6 days, 20 hours ago

Why the stock market poses a big risk for 2025

CNN  

New York CNN — Millions of Americans have watched their net worth spike since the pandemic, powered by meteoric gains in the stock market. “I’m very concerned because the stock market is pricing in nothing but blue skies and sunshine forever,” Mark Zandi, chief economist at Moody’s Analytics, told CNN in a phone interview. Investors must think carefully about how …

Stock market today: Dow hits another record as stocks rise
1 month, 2 weeks ago

Stock market today: Dow hits another record as stocks rise

Associated Press  

NEW YORK — U.S. stocks rose Monday, with those benefiting the most from lower interest rates and a stronger economy leading the way. Treasury yields also eased in the bond market amid what some analysts called a “Bessent bounce” after President-elect Donald Trump said he wants Scott Bessent, a hedge fund manager, to be his Treasury Secretary. Such an approach …

Business Highlights: Volatile stocks, consumer confidence
2 years, 11 months ago

Business Highlights: Volatile stocks, consumer confidence

Associated Press  

___ Stocks end lower on Wall Street after another volatile day NEW YORK — Stocks closed lower on Wall Street Tuesday after another volatile day of trading. — U.S. consumer confidence declined this month as Americans became slightly less optimistic about their near-term financial prospects amid persistent inflation and the highly contagious omicron variant of the coronavirus. ___ GM to …

Stock market news today: Dow and S&P 500 updates
3 years, 11 months ago

Stock market news today: Dow and S&P 500 updates

CNN  

2020 was a bombastic year for the stock market. Ray Dalio of Bridgewater Associates doesn’t think 2021 will be as buoyant for stocks as last year was, he said on a digital panel at the Future Investment Initiative conference in Saudi Arabia. BlackRock CEO and chairman Larry Fink agrees 2021 won’t be as opulent as last year, even as the …

Wall Street rises on hopes of vaccine-fueled recovery and bigger fiscal support
4 years ago

Wall Street rises on hopes of vaccine-fueled recovery and bigger fiscal support

Live Mint  

US stocks rose on Wednesday, led by energy and material stocks, as investors bet on a strong economic recovery in 2021 on the back of COVID-19 vaccine rollouts and hopes of bigger fiscal support. The chances of a bigger stimulus check dimmed on Tuesday after Senate Majority Leader Mitch McConnell blocked a quick vote to back President Donald Trump's call …

Dow hits record high as Moderna data bolsters vaccine bets
4 years, 1 month ago

Dow hits record high as Moderna data bolsters vaccine bets

Live Mint  

The Dow hit a record high on Monday after Moderna became the second U.S. company in a week to report positive results from its COVID-19 vaccine trial, raising hopes of a quicker economic recovery from a pandemic-led recession. Travel-related stocks including United Airlines Holdings Inc, American Airlines Group Inc, Carnival Corp and Norwegian Cruise Line Holdings Ltd, which have lost …

Stocks open higher on Wall Street on more good vaccine news
4 years, 1 month ago

Stocks open higher on Wall Street on more good vaccine news

Associated Press  

NEW YORK — Encouraging news on a second possible coronavirus vaccine sent stocks higher in early trading on Wall Street, following gains in overseas markets. Stock markets jumped higher on Monday on news that a second coronavirus vaccine showed promise, bolstering hopes even as new infections surged around the world. Even before the vaccine news, markets had been trading higher …

Stocks Surge On Encouraging News About Potential Coronavirus Vaccine
4 years, 2 months ago

Stocks Surge On Encouraging News About Potential Coronavirus Vaccine

Huff Post  

A stock ticker with Pfizer stock information is shown at the New York Stock Exchange, Monday, Nov. 9, 2020. ASSOCIATED PRESS NEW YORK — Stocks are surging Monday, catapulting Wall Street back to record heights, on a burst of hope following encouraging data about a potential COVID-19 vaccine. The S&P 500 was 3.3% higher in morning trading after Pfizer said …

Global stocks are soaring on hopes of a coronavirus vaccine
4 years, 2 months ago

Global stocks are soaring on hopes of a coronavirus vaccine

CNN  

New York CNN Business — Global stocks and US futures surged on Monday after drugmaker Pfizer said that an early look at data from its coronavirus vaccine shows it’s more than 90% effective. The vaccine “looks like the game-changing panacea the oil market has been waiting for,” chief global markets strategist at Axi, Stephen Innes said in a research note. …

Donald Trump illness exposes underlying market tension
4 years, 3 months ago

Donald Trump illness exposes underlying market tension

Live Mint  

Losses in the main U.S. stock indexes on Friday will go down in history simply as small ones in an otherwise choppy week. The immediate reaction in the futures market included an indication of a 500-point drop in the Dow Jones Industrial Average at the open consistent with the uncertainties triggered by the news — from concerns about their health …

Stocks week ahead: The economic recovery hangs in the balance as winter approaches
4 years, 3 months ago

Stocks week ahead: The economic recovery hangs in the balance as winter approaches

CNN  

A version of this story first appeared in CNN Business’ Before the Bell newsletter. The UK government isn’t ruling out another national lockdown, though the health secretary has said it would be “the last line of defense.” Such measures would be the worst-case scenario for economies experiencing a historic expansion following a record contraction. Just take it from Federal Reserve …

Big tech stocks could fall sharply if there’s a vaccine
4 years, 5 months ago

Big tech stocks could fall sharply if there’s a vaccine

CNN  

New York CNN Business — Hopes are growing that a Covid-19 vaccine is coming. But Goldman Sachs thinks a vaccine might actually upend the stock market, which has continued to rally despite worries about a rise in cases in several key states. While a vaccine could boost the United States economy, it could also spur investors to dump the current …

The share market is telling us how we're doing in the fight against coronavirus
4 years, 5 months ago

The share market is telling us how we're doing in the fight against coronavirus

ABC  

The share market has, so far, proven to be an accurate measure of how well Australia is handling the pandemic. When coronavirus first struck, the market recorded some if its biggest falls in history, but it's since been slowly clawing its way back up as some restrictions ease. Let's not forget tens of billions of dollars in money printing by …

Wall Street dips as virus fears drown out economy hopes
4 years, 6 months ago

Wall Street dips as virus fears drown out economy hopes

Associated Press  

NEW YORK — Wall Street careened through all the forces that have pushed and pulled it through the week, at first rising on Friday amid hope for the economy and then falling on worries about worsening coronavirus levels in some states, all before ending with modest losses. Also exacerbating volatility was Friday’s simultaneous expiration of contracts for stock options and …

Stock market plunge: Dow plunges 1,000 points on fears of coronavirus second wave
4 years, 6 months ago

Stock market plunge: Dow plunges 1,000 points on fears of coronavirus second wave

CNN  

New York CNN Business — The runaway train on Wall Street has been derailed by a force nearly as powerful as easy money: a healthy dose of reality. “The rally in the stock market from the March 23 lows was simply overdone,” said David Kelly, chief global market strategist at JPMorgan Funds. “Mass unemployment is going to be the primary …

US economy won’t recover fully until there’s a coronavirus vaccine, says Federal Reserve chairman
4 years, 7 months ago

US economy won’t recover fully until there’s a coronavirus vaccine, says Federal Reserve chairman

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The chairman of the …

US Markets fall: Dow drops more than 600 points
4 years, 8 months ago

US Markets fall: Dow drops more than 600 points

Al Jazeera  

Wall Street sold off sharply on Friday after President Donald Trump revived a threat of new tariffs against China in response to the COVID-19 pandemic, which has brought global economies to a grinding halt. But epically awful economic data, Trump’s renewed threats to punish China with tariffs, and warnings from corporate America of coronavirus-related profit hits ahead dragged on investor …

Coronavirus recovery is just around the corner — if the stock market can be believed
4 years, 8 months ago

Coronavirus recovery is just around the corner — if the stock market can be believed

ABC  

No-one has a crystal ball. The experts don't always get it right, but the main Australian stock market index right now is much higher than it was back in March, when the shock of coronavirus hit households across the country. However, when you consider the Centrelink queues, Treasury's forecast of an unemployment rate reaching 10 per cent, talk of Depression-like …

US economy suffers worst slump since GFC due to coronavirus, but share markets rally on Fed
4 years, 8 months ago

US economy suffers worst slump since GFC due to coronavirus, but share markets rally on Fed

ABC  

Australian stocks have closed higher, after the US central bank pledged to act "aggressively", as the US economy suffered its worst quarterly slump since the global financial crisis. Key points: The ASX 200 rose 2.4 per cent, led by a surge in the energy sector The ASX 200 rose 2.4 per cent, led by a surge in the energy sector …

Premarket: The coronavirus pandemic has broken the oil market
4 years, 8 months ago

Premarket: The coronavirus pandemic has broken the oil market

CNN  

A version of this story first appeared in CNN Business’ Before the Bell newsletter. “There’s a lot of oil and no real place to put it right now, so no one wants to take delivery of it,” Randy Giveans, a Jefferies analyst, told me. “We’ve seen more contracts in the last four weeks than for the past four years combined,” …

Market Ahead, April 9: Top Factors That Could Guide Markets Today
4 years, 9 months ago

Market Ahead, April 9: Top Factors That Could Guide Markets Today

Business Standard  

To begin with, the SGX Nifty is up over 100 points this morning so a green start seems to be on the cards for Indian indices today. News agency Reuters quoted senior officials saying that the government is poised to announce a second stimulus package in coming days which will be worth around Rs 1 trillion and focus on help …

Markets are betting on a V-shaped recovery. Is that wise?
4 years, 9 months ago

Markets are betting on a V-shaped recovery. Is that wise?

The Independent  

There’s been a whiff of optimism on the markets this week, despite the run of historically bad economic indicators we’ve seen and the continuing rise in the Covid-19 death toll. For those who haven’t come across that typically lurid piece of City terminology, it describes the muted rise in share prices seen at the end of a plunge as the …

Dow surges almost 900 points on slowing coronavirus cases
4 years, 9 months ago

Dow surges almost 900 points on slowing coronavirus cases

Al Jazeera  

Wall Street extends Monday’s rally as governors of NY and NJ say there are tentative signs virus curve is ‘flattening’. United States stocks surged again on Tuesday extending Monday’s rally on hopes that the coronavirus crisis is plateauing, while energy stocks climbed on Exxon Mobil belt-tightening and mounting hopes for a ceasefire in the oil price war between Saudi Arabia …

Should you invest in the time of coronavirus? Here's what experts think
4 years, 9 months ago

Should you invest in the time of coronavirus? Here's what experts think

India TV News  

There is a famous quote by Warren Buffet which suits the current situation of markets that -- "Be fearful when others are greedy, and be greedy when others are fearful". For long term investor this is good time to buy quality stocks at reasonable price Many market experts say that like many other crisis this too will pass and come …

Why stocks have further to fall amid the coronavirus pandemic
4 years, 9 months ago

Why stocks have further to fall amid the coronavirus pandemic

ABC  

If ever you needed convincing that financial markets have become completely divorced from reality, just look at the events of last week. The performance, based on the hope that central banks and government stimulus would insulate financial markets from a global economic downturn, was more BS than bull. The wild ride on global markets last week, following a month of …

Global markets sink despite Fed’s promise of unlimited support for the economy
4 years, 9 months ago

Global markets sink despite Fed’s promise of unlimited support for the economy

CNN  

New York/Hong Kong/London CNN Business — US stocks opened lower Monday andEuropean markets stayed stuck in reverse even after the US Federal Reserve committed itself to creating an unlimited amount of money to prevent the world’s largest economy from plunging into a deep recession. “Aggressive efforts must be taken across the public and private sectors to limit the losses to …

Hope You Didn't Take The Trump Administration's Stock-Buying Advice
4 years, 9 months ago

Hope You Didn't Take The Trump Administration's Stock-Buying Advice

Huff Post  

Buy those dips, folks. “To me, if you are an investor out there and you have a long-term point of view, I would suggest very seriously taking a look at the market, the stock market, that is a lot cheaper than it was a week or two ago.” “This thing will run its course,” he added. Most of the stock …

Dow drops below 20,000, US stocks head for worst week since 2008
4 years, 9 months ago

Dow drops below 20,000, US stocks head for worst week since 2008

Al Jazeera  

Goldman Sachs says US economy could contract 24 percent in April-June quarter, and unemployment could peak at 9 percent. United States stock markets turned negative in afternoon trading on Wall Street, putting all three major US indexes on track for their worst week since the 2008 financial crisis. A flood of cheap money from central banks and signs of momentum …

Wall Street and Main Street on watch to see if Trump gains erased
4 years, 9 months ago

Wall Street and Main Street on watch to see if Trump gains erased

Al Jazeera  

US stocks open lower, signalling more losses ahead after Dow closed below 20,000 for first time since Feb 2017. United States stocks drafted lower then higher on Thursday, following Wednesday’s session that saw the Dow Jones Industrial Average close below 20,000 for the first time since February 2017 – a hair’s breadth from erasing all of its gains since President …

US stocks rebound 1,000 points on Trump $1 trillion stimulus plan
4 years, 9 months ago

US stocks rebound 1,000 points on Trump $1 trillion stimulus plan

Al Jazeera  

White House plans to send cheques to Americans and more emergency Fed moves help markets shake off coronavirus carnage. United States stock markets on Tuesday regained some ground lost to Monday’s historic selloff, after the US Federal Reserve unleashed more emergency moves to help credit markets and after the White House said it is seeking more than $1 trillion in …

The global coronavirus recession is beginning
4 years, 9 months ago

The global coronavirus recession is beginning

CNN  

London CNN Business — As restaurants, shops, airlines and factories shutdown around the world, from New York to Paris and Madrid, economists are warning that a global recession is no longer a looming threat. “Whereas 10 days ago there was some legitimate uncertainty about whether the global economy was in the process of going into recession — 10 days later, …

As Covid-19 Spreads, Listen to the Stock Market—for Now
4 years, 9 months ago

As Covid-19 Spreads, Listen to the Stock Market—for Now

Wired  

Covid-19 was officially declared a pandemic Wednesday, and stocks officially entered a bear market, falling more than 20 percent from their peak just last month. Stock prices reflect expectations of future profits, and investors see the virus dampening economic activity and reducing profits. Apple a few weeks ago announced that it would not meet its forecasts for the current quarter …

Stock rebound stalls as doubts about US stimulus package to fight coronavirus outbreak response grows
4 years, 9 months ago

Stock rebound stalls as doubts about US stimulus package to fight coronavirus outbreak response grows

Firstpost  

Many analysts say investors need to remain on guard for further market volatility because the coronavirus still poses a risk to public health in many countries, which could place additional strain on the global economy Tokyo: Asian shares and Wall Street futures fell on Wednesday as growing scepticism about Washington’s stimulus package to fight the coronavirus outbreak knocked the steam …

Dow Dives 1,400 Points, Entering Bear Market, As Coronavirus Fears Grow
4 years, 9 months ago

Dow Dives 1,400 Points, Entering Bear Market, As Coronavirus Fears Grow

NPR  

Dow Dives 1,400 Points, Entering Bear Market, As Coronavirus Fears Grow Enlarge this image toggle caption Timothy A. Clary/AFP via Getty Images Timothy A. Clary/AFP via Getty Images Updated at 5:18 p.m. The meant that the blue chip index entered bear market territory, ending its 11-year winning streak. Economy Administration, Congress Consider Coronavirus Stimulus As Dow Enters Bear Market Administration, …

How coronavirus and an oil war have pushed the stock market from boom to bust
4 years, 9 months ago

How coronavirus and an oil war have pushed the stock market from boom to bust

ABC  

It has been the longest winning streak in history. There have been a few blips along the way — the European debt crisis in 2012 and the Brexit vote gave Wall Street a dose of the wobbles and just 18 months ago, investors began unloading stocks as fears of a global slowdown followed a series of US interest rate hikes. …

Look out! Stocks nosedive on oil price war and coronavirus fears
4 years, 10 months ago

Look out! Stocks nosedive on oil price war and coronavirus fears

Al Jazeera  

Trading was halted in US stocks after the S&P 500 cratered seven percent at the open of trading in New York. United States stock markets nosedived on Monday, triggering circuit breakers to halt trading as the double-punch of crashing oil prices and the worsening global coronavirus outbreak pummelled investor confidence to the point of panic. The broader S&P 500 stock …

Coronavirus roils markets: this is why it matters to everyone
4 years, 10 months ago

Coronavirus roils markets: this is why it matters to everyone

Al Jazeera  

Even if you are not invested in stocks and bonds, how these markets behave shows what is at stake in the global economy. The 10-year US treasury yield – which on Friday tumbled below 0.7 percent for the first time ever – is a benchmark for setting rates on financial products such as home mortgages and student loans. The “R” …

How The Coronavirus Could Affect The Stock Market And Economy
4 years, 10 months ago

How The Coronavirus Could Affect The Stock Market And Economy

Huff Post  

LOADING ERROR LOADING The stock market took another major hit Monday as fears grow over how the coronavirus might wreak long-term economic havoc. “The Federal Open Market Committee has delivered monetary policy medicine investors were looking for to address concerns about the widening economic impacts related to the coronavirus outbreak,” said Mark Hamrick, senior economic analyst for Bankrate, in a …

After virus-inflicted seven-day rout, Dow rises 3% on hopes of Fed intervention
4 years, 10 months ago

After virus-inflicted seven-day rout, Dow rises 3% on hopes of Fed intervention

Live Mint  

Stocks rose sharply on Wall Street Monday, clawing back a small part of the losses they took in a seven-day rout brought on by worries that the coronavirus outbreak will stunt the global economy. Two new surveys showed a sharp drop in Chinese manufacturing in February as anti-virus controls shut down the world’s second-largest economy, but companies are confident activity …

Coronavirus contagion spawns climate of panic on share markets
4 years, 10 months ago

Coronavirus contagion spawns climate of panic on share markets

ABC  

It's the word the world's top health authorities dare not utter. The coronavirus COVID-19, once contained in China's industrial heartland, has now spread to Europe and the Middle East, spawning a climate of panic that threatens to undermine not just financial markets, but the global economy. With so much debt issued at record-low interest rates, it has become almost impossible …

Dow tumbles on mounting coronavirus fears
4 years, 10 months ago

Dow tumbles on mounting coronavirus fears

CNN  

New York CNN Business — Apple dropped a bombshell last week. America’s most valuable company warned investors onFebruary 17 that its sales would miss the mark because of chaos caused by the coronavirus outbreak in China. “There’s a lack of understanding about the impact of the coronavirus because investors aren’t typically health experts,” said Kristina Hooper, chief global strategist at …

US markets tumble as coronavirus fears mount
4 years, 10 months ago

US markets tumble as coronavirus fears mount

Live Mint  

US stock indexes fell about 1% on Thursday, dragged down by technology heavyweights, as investors fretted over a rise in the cases of coronavirus and its economic impact. Some traders pointed to a Global Times report that said a central Beijing hospital reported 36 new cases as of Thursday, sparking a fresh wave of selling in late morning trade. Investors …

Coronavirus fails to dampen optimism of global share markets
4 years, 11 months ago

Coronavirus fails to dampen optimism of global share markets

ABC  

The death toll may be rising, and more people in more countries are being infected, but for now at least, share markets are looking past coronavirus to a bright 2020. Key points: Markets are coming back to life after getting to grips with the spread of coronavirus The US and China are pumping money into their economies The risk of …

SARS didn’t sink markets, but coronavirus might (opinion)
4 years, 11 months ago

SARS didn’t sink markets, but coronavirus might (opinion)

CNN  

Editor’s Note: Sven Henrich is founder and lead market strategist at NorthmanTrader. The global economy remains fragile and an extended outbreak could tip the current aging business cycle into a global recession, right when US markets are seeing some of their highest valuations in history. But there are several factors to consider that suggest the risk to global markets may …

Dow tumbles more than 450 points as the coronavirus outbreak worsens
4 years, 11 months ago

Dow tumbles more than 450 points as the coronavirus outbreak worsens

CNN  

New York CNN Business — The Dow tumbled on Monday, as US stock nosedived on news of the continuing global spread of coronavirus. All patients had traveled to the Chinese city of Wuhan, where the outbreak originated, prior to falling ill. Stocks sold off last week amid fears of a global pandemic. Although the outbreak could be short-lived, it could …

Yes, stocks are up again. No, recession worries aren’t gone
5 years, 3 months ago

Yes, stocks are up again. No, recession worries aren’t gone

Associated Press  

NEW YORK — The U.S. economy is sending some worrying signals about a possible recession, yet the stock market has gone on a what-me-worry ride toward record heights. If investors see that companies are still bringing in profits, and stocks don’t appear too expensive, they’ll risk an investment even if the economy hasn’t gotten an all-clear on the recession watch. …

Dow jumps 250 points on hopeful signals about trade
5 years, 4 months ago

Dow jumps 250 points on hopeful signals about trade

CNN  

New York CNN Business — The Dow soared Monday and US stocks scored their third straight rally as investors grew increasingly optimistic about a potential resolution to the the trade war and a limit to its economic fallout. Although President Donald Trump has repeatedly fanned the trade war flames, he tweeted Sunday that the United States and China were “talking.” …

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