US equities take another week of losses, Dow closes at lows since November 2020 as bond yields beat equities after Fed rate hike

US equities closed sharply lower on Friday, with the Dow Jones Industrial Average closing at its lowest close since November 2020. All three major benchmarks suffered another week of losses as bond yields rose on the in the wake of the Federal Reserve’s interest rate hike on Wednesday. For the week, the Dow was down … Read more

This “one big predictor of future stock market returns” has fallen sharply — and that’s a bullish sign.

CHAPEL HILL, NC – Much of the bull market excesses have been eliminated, according to the “Single Greatest Predictor of Future Stock Market Returns”. And this is good news. I am referring to the indicator, first proposed by the Philosophical Economics blog in 2013, which is based on the portfolio allocation of an average family … Read more

Powell’s growl causes Goldman to cut its S&P 500 price target. Again.

During the heyday of the bull market – which, boy, it seems so long ago – the crazy call options punters who inhabited the Wallstreetbets channel had a favorite meme to explain why the stocks would continue to rise. “Money Printer Go Brrr” featured Jay Powell, chairman of the Federal Reserve, Rambo-style, boldly throwing green … Read more

Global Renewable Chemicals Market Report 2022: On the rise

Dublin, September 22, 2022 (GLOBE NEWSWIRE) – The report “Renewable Chemicals Market Share, Size, Trends by Product Type, End Use, Region, Segment Forecast, 2022-2030” has been added to by offer. According to a new study, the size of the global renewable chemicals market is expected to reach $ 296.71 billion by 2030. The report … Read more

Global Glycerin Market Analysis Report 2022: Market a

Dublin, September 19, 2022 (GLOBE NEWSWIRE) – The “Glycerin – Global Market Trajectory & Analytics” report has been added to by offer. The global glycerin market will reach $ 3.4 billion by 2026 The global glycerin market, estimated at $ 2.6 billion in 2022, is expected to reach a revised size of $ 3.4 … Read more

Dow, S&P 500 closes up to hit 4-day losing streak ahead of August jobs report

US equities closed mostly higher on Thursday as bond yields rose and another pandemic freeze in the southwestern Chinese metropolis of Chengdu added to concerns over economic growth. The Dow Jones Industrial Average and the S&P 500 Index recorded a four-day losing streak, while the Nasdaq Composite recorded its longest losing streak since February. How … Read more

US stocks rise as strong economic data lifts sentiment ahead of Powell’s speech

US equities advanced Thursday with major benchmarks heading for consecutive gains following a series of strong economic data as investors waited to hear from Federal Reserve Chairman Jerome Powell. How shares are traded S&P 500 SPX it was up 18 points, or 0.6%, to 4,163. Dow Jones Industrial Average DJIA advanced 22 points, or 0.1%, … Read more

Dow slumps over 500 points, S&P 500 loses 1.7% as investors question the Fed’s pivot thesis

US stocks slid on Monday on fears that the recent rally was based on an overly optimistic view of the Federal Reserve’s potential to avoid using significantly higher interest rates to fight inflation. How are the shares traded? The S&P 500 SPX it fell by 71 points, or 1.7%, to 4,156. The industry average of … Read more

Here’s what investors should do as the housing market faces tough times

With interest rates on the rise, attention has increasingly focused on the housing market, which has been the victim of a slowdown since its post-pandemic peak. New signs of difficulty are coming from Compass COMP, whose shares are plummeting in the pre-market after real estate brokerage and the tech provider cut its annual revenue guide … Read more

These stocks rose 12% after inflation cooled

Amid the euphoria following what appeared to be the first sign of slowing inflation, equities staged a large rally on August 10, with dozens of large-cap stocks up 5% or more. These included several tech names that investors loved during the early stages of the coronvirus pandemic, along with cruise lines, credit card lenders, and … Read more