U.S. stocks end lower after jobs data, as S&P 500 suffers its longest losing streak since 2011

All three major US stock benchmarks closed lower Friday, each booking another week of losses, as investors weighed April jobs data amid heightened stagflation fears. The S&P 500 fell for a fifth straight week, its longest losing streak since June 2011, according to Dow Jones Market Data. How did stock indexes perform? The Dow Jones … Read more

Based on 19 bear markets in the last 140 years, here’s where the current downturn may end, says Bank of America

At nearly the halfway mark in a volatile year of trading, the S&P 500 index is down, but not out to the point of an official bear market yet. According to a widely followed definition, a bear market occurs when a market or security is down 20% or more from a recent high. The S&P … Read more

Why the stock-market plunge is partly due to bad news on the inflation front

Don’t overlook the role of disappointing productivity figures as a spark for Thursday’s stock-market selloff, a veteran Wall Street strategist said. “Contributing to the stock-market selloff today was more bad news on the inflation front. Nonfarm business productivity dropped 7.5% [on a seasonally adjusted annual rate] during Q1,” wrote Ed Yardeni, president and chief investment … Read more

As Dow sinks over 1,000 points, signs of panic-selling emerge in stock market

Panicky behavior was starting to set in on Wall Street on Thursday, at least from a technical perspective, as the Dow industrials shed all of the previous day’s dramatic gains, and then some. Trading in New York Stock Exchange–listed stocks at midday Thursday exhibited panic-like selling action as bullish investors suffered a powerful reversal of … Read more

Why Is Bitcoin Falling? Prices Drop Amid Broader Market Tumble.

Bitcoin was trading around $37,000 Thursday. Rutmer Visser/Dreamstime Text size The price of Bitcoin, Ether, and other cryptocurrencies slumped on Thursday, reversing a recent rally as a deep selloff in the stock market spread to digital assets.. Bitcoin tumbled 6% over the past 24 hours to around $36,900, after ending 6% higher on Wednesday and … Read more

Stock market making you seasick? Here’s why trading is so choppy in 2022

Feeling a little seasick? It’s not just you. Besides turning in a historically ugly performance over the first four months of 2022, stocks have been uncommonly choppy. “This has become a classic trader’s market as spikes in volatility and increasingly bearish headlines reverberate,” said Quincy Krosby, chief equity strategist for LPL Financial. Take a look … Read more

Stock Market Today: The Dow Is Sliding, Amazon Is Dropping

Text size Photo credit: NYSE The stock market was sliding Monday, as investors look ahead to Wednesday’s FOMC meeting. In afternoon trading, the Dow Jones Industrial Average dropped 341 points, or 1%, while the S&P500 fell 1.1%, and the Nasdaq Composite fell 0.4%. The indexes had all been in the green earlier in the day. … Read more

Rising real yields threaten key driver of long-running stock-market gains — and put tech names more at risk

Rising inflation-adjusted yields in the US are undermining the long-running trade in which investors favor stocks over other asset classes, and are poised to hit the technology sector even harder. That trade — known as “TINA,” an acronym for “There Is No Alternative” to equities — is being increasingly tested by real yields, which have … Read more

The Stock Market Isn’t Falling Like It Did In the 1970s—It’s Even Worse

Text size By the end of trading on Friday, the selloff had gotten worse and we were staring at the worst start to a year since the Great Depression. Spencer Platt/Getty Images It was the worst first four months of the year for the stock market since the 1970s! No, the 1930s! Can’t we just … Read more

A cruel April just sent the S&P 500 into its second stock-market correction of 2022

An ugly end to a cruel April on Friday saw the S&P 500 post its second correction — a drop of 10% from a recent peak — so far this year. The large-cap benchmark SPX, -3.63% ended a topsy-turvy week with a 3.6% fall on Friday, closing at 4,131.93, its lowest finish since May 19, … Read more