U.S. stocks pared early losses on Friday with the Dow turning mildly positive as investors scrutinized more economic data and Federal Reserve commentary following Thursday’s promising inflation report, as well Read more
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Why Thursday’s U.S. CPI report might kill stock market’s hope of inflation melting away
Investors should not have unrealistic expectations regarding the pace at which U.S. inflation subsides in 2023, analysts argue, ahead of Thursday’s consumer price index report for December which may test Read more
Dow up nearly 400 points as pace of jobs growth, wage gains cool in December
U.S. stocks advanced Friday, with the Dow rising nearly 400 points, as monthly Labor Department data showed the pace of job creation cooled in December while wage gains slowed, fueling Read more
U.S. stocks drift lower as investors return from Christmas
U.S. stocks drifted lower Tuesday as investors returned from the three-day Christmas weekend, with bulls holding out for a seasonal “Santa Claus rally” after a premarket lift was attributed to Read more
The bear market rally is running out of stream, and it is time to take profits, says Morgan Stanley’s Wilson
The stock market’s bounce off the October lows is running out of room, and it is time to take profits, according to Morgan Stanley’s Michael Wilson. The chief equity strategist Read more
Dow down by more than 450 points as Fed officials point to more rate hikes, China protests rattle markets
U.S. stocks tumbled on Monday as protests in China raised the risks to global growth and Federal Reserve policy makers said more interest-rate increases are needed to control inflation. How Read more
Fed eyes slower rate hikes as recession threat grows
Senior officials at the Federal Reserve expect smaller increases in interest rates will “soon be appropriate” as the threat of recession grows. Although the Fed still expects rates to rise Read more
U.S. stocks could rally another 25% now that Fed no longer has ‘back against the Wall’ in inflation fight
One of Wall Street’s most implacable bulls has laid out his argument for why he thinks U.S. stocks can continue to rally into year end after Thursday’s game-changing October inflation Read more
Is the stock market open? Veterans Day is a regular day for U.S. stocks, but the bond market is closed.
The stock market remains open Friday, Nov. 11, the Veterans Day holiday in the U.S., even through it counts as a holiday for the $53 trillion American bond market. That Read more
‘I still think we are in a bear market,’ says billionaire investor Carl Icahn of post-CPI market rally
“A rally like this is of course very dramatic to say the least… but I still think we are in a bear market.” That was Wall Street icon Carl Icahn, Read more