Stocks plunged Thursday after the Trump administration slapped sanctions on goods and investment from China. The Dow Jones industrial average dropped more than 700 points as investors feared that trade tensions between the world’s largest economies would escalate. The planned sanctions include tariffs on $48 billion worth of Chinese imports as well as restrictions on […]
Category: Stocks Watch
Markets Now: Dow Slumps 724 Points as Tariff Tantrum Sinks Stocks
4:08 p.m. That was not a good way to end the day. The S&P 500 slumped 2.5% to 2643.69 today, while the Dow Jones Industrial Average tumbled 724.42 points, or 2.9%, to 23,957.89. The Nasdaq Composite dropped 2.5% to 7166.68. All three suffered their biggest drops since Feb. 8. Tariffs against China were blamed for […]
Tech stocks are the most overvalued relative to the market since 2009
Tech stocks valuations are trading at an 11 percent premium to the broader market, the highest spread since 2009, according to Bank of America Merrill Lynch strategists. The tech sector is still 4 percent below its historical average, excluding the premium it had in the tech bubble. The S&P technology sector is up 7.6 percent […]
‘Mother of all yield shocks’ is about to crush stocks, warns ‘Father of Reaganomics’
David Stockman, the so-called “Father of Reaganomics,” hasn’t been shy — or close to right — about his frantically bearish calls in recent years. Just last summer, he warned of a “horrendous storm” that could take the S&P 500 index SPX, -0.18% all the way down to 1,600. From there, he took it up a […]
Chevron and other dividend stocks to help ride through market volatility
Given the current volatility of the market, dividend stocks are becoming an increasingly popular way for savvy investors to hedge their bets. Regardless of market conditions, the dividend payment provides a steady source of income every quarter which, investors hope, should increase over time. And investors can boost their holdings by reinvesting that income into […]
Stocks close lower after Fed hikes rates, upgrades economic outlook
U.S. stocks whipsawed on Wednesday after the Federal Reserve upgraded its economic outlook and increased interest rates. The central bank also increased its rate-hike forecast for next year. The Dow Jones industrial average closed 44.96 points lower at 24,682.31, with Apple as the biggest decliner in the index. The Dow rose as much as 250.38 […]
Stock market rebounds from tech selloff as energy sector aids advance
U.S. stocks ended higher Tuesday, led by strong gains in the energy sector as the overall market reclaimed some lost ground from the previous day, when tech shares fell sharply. Market participants also were anticipating the Federal Reserve’s two-day policy meeting, which started in the early afternoon. Investors are watching for signs that the central […]
Do stocks or bonds offer the better value over the coming decade?
By almost any metric, U.S. investors have been better off in the stock market than in fixed income over the past decade, with equities seeing little in the way of volatility or pullbacks, along with growth that far eclipsed the gains seen in bonds. A key question of the current market is: will this trend […]
Expect higher interest rates and smaller gain for stocks in 2018: CNBC survey
Look for higher interest rates and lower stock prices in 2018. That’s the message in the CNBC Fed Survey for March, in which participants also show building concern about additional Fed rate hikes this year. The average forecast sees the yield on the 10-year benchmark Treasury ending the year at 3.17 percent and rising to […]
European stocks end higher as weak German sentiment reading hurts euro
European stocks ended higher on Tuesday, aided by a pullback for the euro following a weak German business sentiment reading. As well, a drop in the pound after a slowdown in British inflation helped lift U.K. blue-chip stocks. How markets are moving The Stoxx Europe 600 index SXXP, +0.51% rose 0.5% to close at 375.57 […]
10 Stocks To Buy For Big April Dividend Hikes
If the virtues and importance of dividend growth weren’t etched into your brain already, let’s consider February’s example. (Then we’ll outline eleven imminent hikes coming in April.) About a month ago, shortly before the market reached full correction mode, the problem low-growth dividend stocks would have against rapidly rising Treasury rates – and why it’s […]
Asian stocks take cues from Wall Street slump as Japan slides almost 1%
Asian markets were weaker on Tuesday, as investors stayed cautious following the overnight pullback on Wall Street and ahead of a two-day Federal Reserve policy meeting. In Tokyo, the Nikkei 225 fell 0.91 percent, or 196.52 points, tracking the declines seen stateside overnight. Tuesday’s move lower also extended the Nikkei’s decline in the last session […]