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 […]
The Dow closed out a turbulent week with a 330-point rebound Friday but still suffered its biggest weekly loss since January 2016, a tumble highlighted by its first official correction in two years. In a week marked by a pair of 1,000-plus point drops, the two worst days in its 121-year history, the Dow Jones […]
As stock markets plunged again on Thursday, a tobacco stock and cereal company were among the few gainers. Kellogg closed 2.76 percent higher, while Philip Morris International gained 1.5 percent. Both stocks fall in the defensive category of equities, since consumers will still buy cigarettes and eat cereal regardless of economic conditions. The two stocks […]
A day after dropping more than 1,000 points, the Dow rebounded Friday to close up more than 300 points. But the index lost nearly 5 percent for the week as the markets focused on rising interest rates, inflation and ballooning government debt. After swinging up and down several times, the Dow Jones industrial average ended […]
Bitcoin’s ties to the performance of U.S. stocks appears to be increasing. On a 90-day basis, the correlation between the daily percent returns of the cryptocurrency and the S&P 500 is 33 percent, the highest since the cryptocurrency started gaining public attention in January 2016, according to Nick Colas, co-founder of DataTrek Research. The previous […]
Take a deep breath and relax. The riotous market swings that have whipped up frothy peaks of anxiety over the last week — bringing the major indexes down more than 10 percent from their peak — have virtually no impact on the income or wealth of most families. The reason: They own little or no […]
Attention, discount shoppers, the recent stock market dive is like a holiday weekend sale. This is your chance to get stocks for less. There has been a lot of advice for investors. Don’t panic, the experts say. “Stay the course. This is normal, despite the very placid market environment we saw in 2017. Markets go […]
After watching stocks march higher for nearly nine years, investors are suddenly confronting a new reality: The long, smooth ride is over. And it doesn’t feel good. Major stock indexes suffered a steep drop in late trading on Thursday, the second straight day that stocks dived shortly before the markets closed. The 3.75 percent decline […]
The stock market swung dramatically up and down on Wednesday, ending about where it started the day — after record losses earlier in the week. President Trump’s top economic adviser says it’s important to keep the volatility in context. “The fact is that the fundamentals for the economy are very sound,” Kevin Hassett says in […]
The Dow ended with a small decline Wednesday, failing to build on a big rebound from the day before as turbulence continued to upend financial markets. The Dow Jones industrial average finished down 19 points, or 0.1%, at 24,893.35. Wednesday’s trading session was again marked by wild price swings, a sign that investor nervousness persists. […]
Stocks closed lower on Wednesday after trading in a wide range again as interest rates climbed back toward multi-year highs. The S&P 500 pulled back 0.5 percent to 2,681.66 after rising as much as 1.2 percent, logging its biggest one-day reversal since February 2016. The Dow Jones industrial average closed 19.42 points lower at 24,893.35, […]
A plunge in stock prices always stings, but this recent one dug deeper because more Americans are participating in the market, particularly older ones. Slightly more than half of all U.S. families own stocks in some way, from workers who got automatically enrolled into their 401(k) retirement accounts to day-traders working their personal accounts. The […]
