U.S. stocks booked a dramatic turnaround on Tuesday, with the S&P 500 and Nasdaq Composite both ending a choppy session higher, even as investors kept an eye on signs that Read more
Tag: Comp
Dollar soars as recession fears finally hit the round-the-clock currency market
U.S. and global recession fears have finally hit the round-the-clock currency market after more than a month of evaluation by traders — sending the dollar to its highest levels of Read more
Fourth of July closings: Are banks and the post office open on July 4?
The Fourth of July holiday commemorating the ratification of the U.S. Declaration of Independence is this Monday, and many Americans have the day off to celebrate the country’s birthday. The 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
Stagflation, reflation, soft landing or a slump — what Wall Street expects in the second half of 2022
As the first half of 2022 draws to a close, Wall Street investment banks and their legions of strategists have been busy telling clients what they should expect in the Read more
The 60-40 portfolio is supposed to protect investors from volatility: so why is it having such a bad year?
The first half of 2022 has been a historically bad stretch for markets, and the carnage hasn’t been limited to stocks. As stocks and bonds have sold off in tandem, Read more
Recession fears are slamming the stock market. This GDP tracker explains why.
Rising fears of a recession are getting the blame for the stock market’s renewed slide while also driving a retreat in Treasury yields. A look at a regional Fed bank’s Read more
What is Bobby Bonilla Day? It demonstrates the magic of compound interest, for one thing.
Bobby Bonilla was trending on Twitter early Thursday because July 1 marks the annual payday for the former third baseman, an event that has increasingly attracted interest from average Americans, Read more
U.S. stocks open slightly lower as third quarter begins
U.S. stocks opened lower on Friday ahead of a long holiday weekend as markets kicked off the second half of the year in the red. The Dow Jones Industrial Average Read more
Fourth of July closings: Are banks and the post office open on July 4?
The Fourth of July holiday commemorating the ratification of the U.S. Declaration of Independence is this Monday, and many Americans have the day off to celebrate the country’s birthday. The Read more