In the first trading day of the new year, U.S. financial markets were bogged down by the almost universal view that a recession is approaching. A stocks rally fizzled out Read more
Tag: S&P 500 Index
Construction spending rises by 0.2% in November
Outlays for construction projects rose 0.2% in November to $1.81 trillion, the Commerce Department reported Tuesday. Wall Street was expecting a drop of 0.4%. Spending in October fell a revised Read more
‘Rogue Russia’ is 2023’s most dangerous threat: Eurasia Group
An isolated and humiliated Russia is the biggest danger of 2023, political-risk consulting firm Eurasia Group said Tuesday, unveiling its annual list of top geopolitical risks. “A humiliated Russia will Read more
Stock-market investors face 3 recession scenarios in 2023
With the U.S. stock market on track for its biggest annual decline in over a decade, fears that efforts by the Federal Reserve and other major central banks to bring Read more
Good riddance 2022. Here are five key themes for investors heading into the new year, according to BNY Mellon.
And so we reach the last trading day of 2022. Good riddance. Thankfully at this time of year there is no shortage of analysts and investors wishing to look ahead. Read more
Did 2022 break Wall Street’s ‘fear gauge’? Why the VIX no longer reflects the sorry state of the stock market
U.S. stocks are about to cap off their worst year since 2008. But investors wouldn’t know it by glancing at what’s often referred to as Wall Street’s favorite fear gauge, Read more
Dow up 300 points as jobless claims data deemed ‘welcome news for the Fed’
U.S. stocks bounced back in early trading on Thursday, after the Nasdaq nearly hit a 30-month low a day earlier, as the market looked set to erase some of its Read more
‘Five days that killed the year’: These trading sessions accounted for 95% of the S&P 500’s losses in 2022
Just five trading sessions accounted for more than 95% of S&P 500 index losses in 2022, according to an analysis by Datatrek co-founder Nicholas Colas in a note published Wednesday, 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
Eat, drink and be merry: Here’s where shoppers have been spending the most money this holiday season
Restaurants are set to become the biggest winners of a holiday season that could turn out to be the most normalized since the onset of the pandemic. That’s according to Read more