NEW YORK—Drops for Tesla, Netflix and other big tech-oriented stocks put the clamps on Wall Street’s torrid rally Thursday. The S&P 500 fell 30.85, or 0.7 percent, to 4,534.87, coming off its highest close since early April 2022 and its seventh gain in the last eight days. The Nasdaq composite dropped 294.71, or 2.1 percent,…
Stock Market Today: Wall Street’s Rally Fizzles After Tesla and Netflix Fall
ANALYSIS: China’s Economy Stuck in Deeper Crisis Due to More State Interventions
July 1, 2023
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News Analysis The devaluation of China’s currency, the yuan, has plummeted to its lowest point this year due to failed government interventions amid the economic depression. More money issued by the Communist Party’s financial institutions will be used as a government hedge against the collapse of the banking and financial system, shifting the country’s debt…
Stock Market Today: Wall Street Falls to Close out Its First Losing Week in the Last 6
NEW YORK—Another drop for stocks on Friday has Wall Street on track to close out its first losing week in the last six. The S&P 500 was 0.7 percent lower in late trading, pulling back further from last week when it reached its highest level in more than a year. The Dow Jones Industrial Average…
Stock Market Today: Wall Street Rises, and S&P 500 Hits Highest Level in More Than a Year
NEW YORK—Wall Street climbed Monday ahead of a big week for central banks around the world, vaulting the S&P 500 to its highest level in more than a year. The benchmark index rose 40.07 points, or 0.9 percent, to 4,338.93 and its highest close since April 2022. The Dow Jones Industrial Average gained 189.55, or…
Stock Market Today: Wall Street Drifts as Drops for Tech Overshadow Gains Elsewhere
NEW YORK — U.S. stocks drifted to a mixed finish Wednesday, as drops for Microsoft and other big-name tech stocks overshadowed gains across much of the rest of Wall Street. The S&P 500 fell 16.33, or 0.4 percent, to 4,267.52 even though the majority of stocks within the index rose. The Dow Jones Industrial Average…
Stock Market Today: Wall Street Slips After Tepid Report on Economy
NEW YORK—U.S. stocks drifted lower Monday to start what could be a quiet stretch following their best week since March. The S&P 500 lost 8.58 points, or 0.2 percent, to 4,273.79. The Dow Jones Industrial Average fell 199.90, or 0.6 percent, to 33,562.86, while the Nasdaq composite slipped 11.34, or 0.1 percent, to 13,229.43. The majority…
The Interbank Debt Market: A Warning Sign for the Stock Market’s Future
Commentary Most people look at the stock market as a sign of the health of the economy. If the stock market is moving higher in value, things must be good. The truth of the matter is the stock market isn’t as important as the debt market, specifically the interbank debt market. What goes on in…
Here’s How to Understand the Ups and Downs of the Stock Market
By Brad Klune For anybody who has ever questioned why the stock market appears to defy logic and common sense, Brian Feroldi’s latest book, Why Does The Stock Market Move Up? is a must-read. Feroldi provides readers with a unique perspective on the factors that drive stock market growth. Brian is a financial educator with…
IN-DEPTH: What Financial Analysts Are Recommending for Investing in a Recession
The recession has become the talk of the town again in the U.S. economy and financial markets, with many leading downturn indicators flashing red. In March, The Conference Board’s Leading Economic Index slumped to its lowest level since November 2020, declining by 1.2 percent and deepening into contraction territory. The spread between the two- and 10-year…
Protesters Storm Paris Euronext Building Over Pension Reform
April 20, 2023
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A group of protesters briefly invaded stock market operator Euronext’s offices in the La Defense business district of Paris on Thursday, as protests against French President Macron’s pension reforms continue. The protesters said that big companies should pay to finance pensions. “We are told that there is no money to finance pensions,” said SUD-Rail unionist,…
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