The wild swings in the stock market in the last two weeks grabbed headlines and were hard to miss for most Americans. But do those market gyrations actually affect anyone’s day-to-day finances? Relatively few Americans actively trade or own stocks. But a 10 percent drop in the markets can affect our attitudes about the economy, […]
The stock correction, while dramatic, hasn’t really done a whole lot to make the market look more affordable. In fact, valuations remain high by historical standards when looking over five- and 10-year periods. Normally, investors will go bargain-hunting when the market saw as sharp a dive as it has during February, but low-priced sectors are […]
Stocks are powering higher Monday, sending the Dow Jones industrial average up more than 500 points, as the market claws back some of its massive losses last week, when it slumped into a “correction” for the first time in two years. Technology companies and banks, some of the biggest winners on the market over the […]
Asian markets were mixed early on Monday while oil prices edged up after recording six straight days of declines. South Korea’s Kospi advanced 0.54 percent, with heavily weighted technology stocks higher in the morning. Samsung Electronics rebounded 1.43 percent and SK Hynix gained 0.82 percent. Financials also traded higher in the early going. Shipbuilders were […]
A volatile area of the market may have been a harbinger of the stock market’s worst week in two years. Fundstrat Global Advisors’ Tom Lee acknowledges bitcoin’s crash two months ago could be seen as a signal stocks would plunge next. As the cryptocurrency weakened and investors bolted from risk-sensitive assets, “it could easily look […]
The stock market has gone from record-low volatility and a steady march upwards to turmoil and full-on correction territory in less than a week. What’s an investor to do? As a starting point, don’t get too caught up in trying to time the market, since it’s nearly impossible to accurately predict when the market will […]
Financial markets are braced for more volatility this week amid predictions from the world’s biggest hedge fund that a “big shakeout” is coming. The Australian stock market was the first to test the water and was down 0.7%, or 41 points to 5,797 points, on Monday morning. Banking, resources and consumer-focused stocks led the market […]
It’s time to pop a Maalox. Blame the plunging Dow. The blue-chip stock average is trying to make a habit of daily 1,000-point dives. This past week it briefly fell more than 10% from its January all-time high, a swift sell-off that has investors on edge. Wall Street pros say that such a drop, dubbed […]
The U.S. stock market witnessed a solid 2017, and the momentum continued into the first month of 2018. However, when the Dow tanked 1,175 points on Monday, its worst point decline in more than a decade, investors got a rude shock. Losses continued, with the Dow and the S&P 500 entering the correction territory on […]
Many retirement investors seek solid dividend stocks to buy for long-term income. But sometimes picking the best income stocks can be challenging, especially when the market makes scary moves like the near-2,000-point-drop in the Dow Jones Industrial Average this week. Events like this might have some investors worried about the future of their investments. When […]
On Thursday, the U.S. stock market fell into “correction” territory for the first time in two years. Signs of a tightening job market and rising interest rates appear to have sparked this crisis of confidence, as more investors are wondering whether stocks have become overvalued. However, some stocks were already quite cheap before the recent […]
US stock markets continued their wild ride on Friday, ending one of the most volatile weeks in trading since the financial crisis as international stock markets continued to fall, spooked by fears of more rapidly rising interest rates. The Dow Jones Industrial Average, which lost more than 1,000 points on Thursday, rose 30 points on […]
