NEW YORK—Wall Street tumbled into what’s called a bear market Monday after fears about a fragile economy and rising interest rates sent the S&P 500 more than 20 percent below its record set early this year. The index sank 3.9 percent in the first chance for investors to trade after getting the weekend to reflect…
S&P 500 Falls Back Into Bear Market as Wall Street Opens Down
June 13, 2022
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bear marketBusiness & MarketscommoditiescryptocurrencyeconomyinflationInvestmentMarketspersonal financeS&P 500stocksUSUS NewsWall Street
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Wall Street’s main indexes opened sharply lower on Monday amid a broader risk-off sentiment that also saw cryptocurrencies take a beating, while the benchmark S&P 500 fell into a bear market intraday as a higher-than-expected inflation print last week raised bets the Fed would tighten faster and further to quell price pressures. Shortly after opening…
Stocks Dive to Another Losing Week as Inflation Worsens
NEW YORK—Wall Street’s shuddering realization that inflation got worse last month, not better as hoped, sent markets reeling on Friday. The S&P 500 sank 2.9 percent to lock in its ninth losing week in the last 10, and tumbling bond prices sent Treasury yields to their highest levels in years. The Dow Jones Industrial Average…
Stocks Fall as Choppy Trading Persists on Wall Street
NEW YORK—Stocks fell broadly on Wall Street Wednesday, erasing most of their gains for the week, as investors were discouraged to see more evidence of inflation’s impact on businesses and another gloomy outlook on the global economy. The losses follow several bumpy days for markets, with major indexes often lurching between gains and losses by…
US SEC Chief Unveils Plan to Overhaul Wall Street Stock Trading
WASHINGTON/NEW YORK—The top U.S. securities regulator on Wednesday unveiled a planned overhaul of Wall Street retail stock trading rules, aiming to boost competition for handling orders by commission-free brokerages to ensure mom-and-pop investors get the best price for trades. U.S. Securities and Exchange Commission chair Gary Gensler told an industry audience he wants to require…
Stocks Rally as Uncertainties Keep Wall Street Wobbly
NEW YORK—U.S. stocks rallied Tuesday as Treasury yields eased, but Wall Street remains wobbly as investors wait for more clarity on where interest rates, inflation and the economy are heading. The S&P 500 climbed 39.25 points, or 1 percent, to 4,160.68 after reversing a morning loss of 1 percent. The Dow Jones Industrial Average rose…
State Officials Fight Wall Street to Protect Pensioners From ESG ‘Scam’
June 5, 2022
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Big Tech, Censorship, and SocialismBlackRockBusiness & Marketseconomic policieseconomyESGExecutive BranchFeatured TopicsInvestmentpensionersPoliticsUSWall Street
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After failing to advance their agenda by passing laws in Congress, progressives have found that they can impose their will on Americans just as effectively through our financial system. And while some state officials have recently started to fight back, they are heavily outgunned. The world’s largest asset managers, BlackRock, State Street, and Vanguard, have…
Stocks Sink as Wall Street Eyes Downside of Jobs Data
NEW YORK—U.S. stocks fell broadly Friday and pulled major indexes into the red for the week as Wall Street focused on the downside of the U.S. jobs market. A report showed employers hired more workers last month than economists expected. While that’s a good sign for the economy amid worries about a possible recession, many…
Wall Street Ends Higher Following 7 Straight Weeks of Losses
NEW YORK—Stocks closed broadly higher Monday, an upbeat start to the week on Wall Street after seven weeks of declines that nearly ended the bull market that began in March 2020. The S&P 500 rose 1.9 percent, with technology and financial sector stocks doing much of the heavy lifting for the benchmark index. The Dow…
Wall Street Ends Mixed After Punishing Week
Wall Street ended mixed on Friday after a volatile session that saw Tesla slump and other growth stocks also lose ground. The S&P 500 and the Nasdaq logged their seventh straight week of losses, their longest losing streak since the end of the dotcom bubble in 2001. The Dow suffered its eighth consecutive weekly decline,…
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