The end of June is nigh and good riddance. Down about 7%, only March has delivered a win for S&P 500 SPX investors this year, as pandemic fallout has been Read more
Category: News
FDA advisers say the U.S. needs updated COVID-19 boosters to fight omicron
The U.S. should pursue a COVID-19 booster strategy that focuses on developing new shots that better protect against omicron and its subvariants, according to a recommendation from a Food and Read more
Disney extends CEO Chapek’s contract three years
Walt Disney Co.’s DIS, -0.71% board on Tuesday unanimously voted to extend Chief Executive Bob Chapek’s contract for three years. “Disney was dealt a tough hand by the pandemic, yet Read more
Pinterest stock rallies after Google exec named CEO as Silbermann steps down
Shares of Pinterest Inc. rallied 4% in the after-hours session Tuesday after the social-media company said co-founder Ben Silbermann is stepping down as chief executive and is being replaced by Read more
U.S. stocks end lower, Dow falls almost 500 points as consumer confidence slumps
U.S. stocks closed sharply lower Tuesday, falling for a second straight day, as a fresh reading on consumer confidence slumped more than expected. The Dow Jones Industrial Average DJIA, -1.56% Read more
How long will stocks stay in a bear market? It hinges on if a recession hits, says Wells Fargo Institute
When the S&P 500 officially dropped into a bear market on June 13, closing down more than 20% from its last peak, it stirred debate about whether investors should hold Read more
Opinion: Being a true contrarian investor and outsmarting Wall Street takes more than just going against the crowd
Genuine contrarians are rare on Wall Street. When “blood is running in the streets,” to quote that famous — and genuine — contrarian Nathan Rothschild, hardly anyone wants to buy. Read more
Consumer confidence falls to 16-month low on worries about inflation and economy
The numbers: A survey of U.S. consumer confidence dropped in June to a 16-month low of 98.7, as Americans grew more worried about high gas and food prices and the Read more
DJIA | Dow Jones Industrial Average Overview
Key Economic Reports Set the Tone for the Week In the past week, the Dow Jones (DJIA), S&P 500 (SPX), and Nasdaq-100 (NDX) rose 5.4%, 6.5%, and 7.5%, respectively, as Read more