Investors are saying goodbye to the first half of 2022 after the U.S. stock market suffered its worst performance in 50 years, driven by inflation and recession fears. In the first six months of 2022, the Dow Jones Industrial Average tumbled 15.31 percent. The Nasdaq Composite Index, which slipped into a bear market this past…
Pain or Relief Ahead? US Stocks Say Goodbye to Worst First Half in 50 Years
The Stock Market Is Tumbling. What Now?
It has not been a lucrative year for the stock market. The S&P has fallen for a whopping 10 weeks out of the past 11. The Dow closed below 30,000 for the first time since January 2021. If we turn to historical data for insight into the future, things don’t look much more optimistic. According…
Wealth Across US Households Drops for First Time in 2 Years on Stock Market Declines
Wealth across households in the United States dropped for the first time in two years in the first three months of 2022, a Federal Reserve report released on Thursday showed. The Fed blamed “sizeable” stock market declines that wiped out $3 trillion in the first quarter. The loss was partly offset by a $1.6 trillion increase…
Planning Is Key To Surviving An Uncertain Economy, Preppers Say
The recent plunge in equities value was like a shot across the financial bow for many stock market investors—a warning that darker economic storm clouds are gathering. Many investors now question whether to “buy the dip” or pull out of the market amidst the turbulence. But for the average American, staying financially afloat boils down…
Here’s What Apple Stock Needs to Do to Buck the Trend
Apple Inc. was trading slightly higher in the premarket on Friday in tandem with the S&P 500 E mini-futures, which were rising up over 1 percent. The tech giant has been trading in a heavy and consistent downtrend since March 30, plunging about 23 percent to reach a low of $136.60 on Thursday. A downtrend…
The Best Stock Investments During a Recession
The Dow Jones Industrial Average has lost roughly 14 percent in the five months of the year. The tech-heavy Nasdaq Composite Index slipped into a bear market by falling 27 percent year-to-date. The S&P 500 is on the bear market’s doorstep by tumbling 18 percent. The latest performances in the stock market could give investors…
A Bear Market May Be on the Horizon—Here’s What That Means
NEW YORK—Investors on Wall Street need a place to hide. The stock market’s skid this year has pulled the S&P 500 close to what’s known as a bear market. Rising interest rates, high inflation, the war in Ukraine, and a slowdown in China’s economy have caused investors to reconsider the prices they’re willing to pay…
Treasury’s Yellen Says US Financial System Operating in ‘Orderly Manner’
WASHINGTON—Treasury Secretary Janet Yellen said on Monday the U.S. financial system was functioning in an “orderly manner” despite the current stock market sell-off, and valuations of some assets remain high compared to historical values. In prepared testimony for a Senate Banking Committee hearing on Tuesday, Yellen said the Financial Stability Oversight Council (FSOC) will continue…
Another High-tech Titan Falters
Commentary You’ve probably heard of the high-flying Big Tech FAANG stocks—Facebook, Amazon, Apple, Netflix, and Google. Among the five of them, their market cap reached $6 trillion last year, which is more than the GDP of all but a small handful of entire countries. Moreover, their net worth is larger than the entire annual output…
This Crypto Analyst Warns Stock Market May Trigger Crypto Market Crash
Former Goldman Sachs Group Inc hedge fund manager Raoul Pal says the Nasdaq index appears to be on the verge of potentially making lower lows. He says if this continues, then the downside in the stock market may threaten crypto prices in the coming months. The failure of equities to hold has exposed risk of severe downside if…
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