Two benchmark U.S. stock indexes are careening toward a historically bad December. Both the Dow Jones Industrial Average and the S&P 500 are on pace for their worst December performance since 1931, when stocks were battered during the Great Depression. The Dow and S&P 500 are down 7.8 percent and 7.6 percent this month, respectively. […]
At 88, Warren Buffett’s white hair, bushy eyebrows and aw-shucks grin hardly make for an intimidating visage. But he is one of the most powerful investors in the world, thanks to his Midas Touch on Wall Street. Today Buffett is CEO of Berkshire Hathaway, but he bought his first stock when he was just 11. […]
There are some BIG names in bear territory right now. And the list of bear-market stocks keeps growing every day, as the Dow Jones Industrial DJIA, -2.11% , the S&P 500 SPX, -2.08% and the Nasdaq Composite COMP, -2.27% mark their worst start to December trading since 1980. A correction is typically defined as a […]
Brent crude prices slipped on Monday amid concerns over demand in the wake of weaker growth in major economies, while U.S. oil markets held steady after U.S. drilling activity fell to its lowest level in about two months. International Brent crude oil futures were at $60.16 per barrel at 0248 GMT, down 12 cents, or […]
European stocks are set to open higher Monday morning, amid escalating concerns of a sharp slowdown in global growth. The FTSE 100 is seen 8 points higher at 6,838, the CAC is expected to open up around 8.8 points at 4851.9, while the DAX is poised to start 28.5 points higher at 10,880.3, according to […]
Dow Jones Industrial Average futures pointed to a partial recovery for the index at Monday’s open after all three major U.S. indexes closed in correction territory for the first time since March 2016 in the prior trading session. Dow futures rose 61.00 points, implying a gain of 59.49 points at the open on Monday stateside, […]
Hong Kong stocks are closing out a rough year and the outlook for 2019 remains largely negative, according to analysts and investors. Headwinds from a weakening economy in China, the Beijing-Washington trade war, concerns about signs of emerging U.S. weakness and an expected slowdown in local initial public offerings after a banner 2018 are seen […]
Wall Street angst over a possible recession may be increasing, but one bull refuses to waver. Federated Investors’ Steve Chiavarone believes there’s nothing on the horizon that suggests the 2018 market corrections will become a massive downturn next year. Rather, he sees stocks hitting fresh record highs — citing labor market trends, inflation levels, the […]
Much of the discussion in the investing world right now seems to be centered on whether the near-decade-long bull run is done and whether stocks will soon head lower into bearish territory. However, with sell-offs hitting the market, there are companies that trade at significant discounts relative to both their recent valuations and long-term potential, […]
In the 1980s, researchers were surprised to find that smaller companies outperformed larger ones in the stock market. Beating the market should not be as simple as owning smaller companies. Understandably much debate followed. So did the launch of many small-cap investment firms to take advantage of this trend. Research then found that virtually all […]
Many of the world’s largest technology companies have turned some of their attention toward augmented reality (AR) over the past few years. It’s been a subtle shift for many of them, but there’s a good reason AR is garnering more attention: the market will be worth about $90 billion by 2022. AR devices, apps, games, […]
Investors just pulled money out of stocks at a record pace and, if history is any indication, equities could struggle before recovering. Data compiled by the Lipper team at Refinitiv showed investors pulled $46.2 billion from U.S. equity mutual funds and exchange-traded funds between Dec. 5 and Dec. 12. This is the biggest one-week outflow […]
