An unexpected warning about the deteriorating economy by Snap Inc. Chief Executive Evan Spiegel rippled through internet and social-media stocks late Monday, potentially ruining the market’s comeback attempt from earlier in the day. After the market closed with strong gains Monday, Spiegel spoke at a JP Morgan technology conference, and the company stated in a … Read more
History shows that when the S&P 500 enters a bear market, it tends to stay awhile. Back-to-back drops left the large-cap SPX benchmark, -0.58% down 18.7% from its Jan. 3 record finish on Thursday, closing at 3,900.97. A fall of 20% from a recent peak is the traditional definition of a bear market. That would … Read more
It will take more than Friday’s big bounce to put to rest the fear of a bear market in stocks as uncertainty about the Federal Reserve’s ability to get a grip on inflation without sinking the economy stokes fears of stagflation — a pernicious combination of slow economic growth and persistent inflation. Stagflation is “an … Read more
Text size Apple has outperformed the S&P 500 for the entire year. Michael M. Santiago/Getty Images Tea S&P500 looks like it can fall into bear market territory. There is a good chance that won’t happen, though, thanks to Apple . There are no shortage of fear factors that could put the index into such scary … Read more
A Covid outbreak in China, which forced production shutdowns, is weighing on April’s output numbers for electric vehicle makers. Hector Retamal/AFP via Getty Images Text size Chinese electric vehicle makers NIO , XPeng and Li-Auto reported April deliveries on Sunday morning. The numbers aren’t very good. That gives You’re here invest something else to worry … Read more
A Covid outbreak in China, which forced production shutdowns, is weighing on April’s output numbers for electric vehicle makers. Hector Retamal/AFP via Getty Images Text size Chinese electric vehicle makers NIO , XPeng and Li-Auto reported April deliveries on Sunday morning. The numbers aren’t very good. That gives You’re here invest something else to worry … Read more
A Covid outbreak in China, which forced production shutdowns, is weighing on April’s output numbers for electric vehicle makers. Hector Retamal/AFP via Getty Images Text size Chinese electric vehicle makers NIO, XPeng and Li-Auto reported April deliveries on Sunday morning. The numbers aren’t very good. That gives You’re here invest something else to worry about. … Read more
To say that it has been a perilous stretch for bullish stock investors on Wall Street lately is a bit of an understatement. Marked by stomach-churning volatility and bruising losses in once-popular technology trades, the S&P500 booked its worst start to a year, through the first four months of 2022, in over 80 years, with … Read more
US stocks were sharply lower Friday afternoon, as investors weighed fresh inflation data while technology-related stocks suffered after disappointing results from Amazon.com Inc. and a warning on rising costs from Apple Inc. How are stock indexes performing? The Dow Jones Industrial Average DJIA fell almost 515 points, or 1.5%, to about 33,402. The S&P 500 … Read more
A rough month for stocks is drawing to a close, and many investors likely won’t be sad to see the back of it. And the last day of April trade is looking weak as Apple and Amazon failed to raise the bar on a mixed season for tech earnings. Our call of the day comes … Read more