One of the most conspicuous characteristics of the bear market of 2022 has been the stock market’s almost unrelenting grind lower. Unlike March 2020, when most of that year’s volatility Read more
Tag: basic materials
Green Thumb Industries to sell cannabis at Circle K gas stations in first-of-its-kind deal
Green Thumb Industries Inc. is expanding its reach from the stand-alone dispensary to space at Circle K convenience stores in Florida in what the Chicago-based company describes as a first Read more
The U.S. dollar continues to soar: What that means for the stock market and investors
Amid all of 2022’s wild volatility, there’s one thing that investors can still count on: the soaring U.S. dollar. The ICE U.S. Dollar Index DXY, +0.68%, which measures the U.S. Read more
Lam Research earnings rise after posting beat-and-raise quarter like ASML
Lam Research Corp. rose in the extended session Wednesday, adding to gains in the regular session, after the chip-making-equipment supplier posted a beat-and-raise quarter, not unlike larger ASML Holding NV Read more
Stock-market selloff may mean another 20% drop for S&P 500, says Wall Street veteran
“‘I generally believe that rates are going to continue to go higher and inflation is not going to come down as much as expected.’” — Thomas Peterffy, chairman and founder Read more
U.S. stocks struggle for direction after Netflix earnings beat, as bond yields extend rise
U.S. stock indexes were mixed after erasing early losses Wednesday morning, as investors welcomed Netflix’s surprisingly positive earnings report and monitored a continued rise in Treasury yields. How are stock Read more
Gold, silver retreat as Kashkari hints at more rate hikes past 4.75%
Gold and silver prices retreated on Wednesday as the U.S. dollar strengthened and Treasury yields advanced further beyond the 4% mark. Price action Gold futures due in December GCZ23, -0.96% Read more
Gold slips as traders anticipate more central-bank interest rate hikes
Gold and silver prices declined on Tuesday with precious metals prices anchored near their September lows despite relative softness in the U.S. dollar over the past two weeks. Price action Read more
U.S. industrial output has solid gain in September
The numbers: Industrial production rose 0.4% in September, the Federal Reserve reported Tuesday. The gain was above economists’ expectations of a 0.1% gain, according to a survey by The Wall Read more
U.S. industrial output has solid gain in September
The numbers: Industrial production rose 0.4% in September, the Federal Reserve reported Tuesday. The gain was above economists’ expectations of a 0.1% gain, according to a survey by The Wall Read more