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“Stock market troubles could get worse, Bank of America warns” The worst may still be yet to come for stocks – even after leading exchanges suffered their worst day of the year as anxiety mounts that the Federal Reserve’s plan to combat inflation will result in a recession. The Dow Jones Industrial Average plunged more…
“Dow falls 1,200 points as ‘relief rally’ over Fed plan fades” Stocks cratered in trading Thursday, logging their worst day since 2020 as Wall Street grew skittish over the Federal Reserve’s high-wire effort to combat inflation without derailing the US economy. The Dow Jones Industrial Average plunged 1,063.09 points, erasing more than 3% of its…
“Stocks tank as Amazon, Apple reports worry investors” US stocks tumbled Friday to cap a week of volatile trading as investors reacted to downbeat earnings reports from blue-chip tech firms and worrisome economic data. The Dow Jones Industrial Average plummeted 939.18 points, or 2.77%. The tech-heavy Nasdaq index fell 536.89 points, or 4.17%, and the…
“US stocks slide as economic worries mount ahead of crucial tech earnings” US stocks sold off in early trading on Monday in a sign of mounting investor anxiety as Wall Street enters a week of crucial earnings reports from major tech firms. The Dow Jones Industrial Average fell more than 230 points, or about 0.7%,…
“Market is too relaxed given Russia-Ukraine war risks, Goldman analysts warn” Investors in the US and abroad could be growing overconfident with their positive bets on stocks given the potential downside risks that still exist for a Russia-Ukraine war that has shown little progress toward peace, Goldman Sachs analysts warned. The S&P 500 has climbed…
“#S&P 500 crosses 4,000 for the first time ever” The S&P 500 breached the 4,000 mark for the first time Thursday, powered by gains in technology shares and optimism about a pickup in global economic activity. A mammoth vaccination drive and a massive fiscal stimulus are expected to drive a recovery in the labor market, prompting investors…
“#Wall Street gives up gains after record-setting rally” Wall Street’s main indexes eased from record highs in volatile trading on Tuesday as investors worried the Senate may not quickly pass the additional pandemic aid checks to help jobless Americans. Senate Majority Leader Mitch McConnell said the chamber would address this week President Donald Trump’s call…
“#Tesla stock slides on first day in S&P 500” Tesla’s stock price lost some charge in its S&P 500 debut — but Elon Musk’s electric-car colossus is nowhere near out of juice, analysts say. Shares in the trailblazing automaker slid as much as 6.3 percent to $651.20 on Monday, dragging down the benchmark index amid…
“#Elon Musk adds $12 billion to net worth as Tesla stock jumps” Elon Musk vaulted past Mark Zuckerberg to become the world’s third-richest person after Tesla snagged a spot in the S&P 500, turbocharging the electric-car maker’s stock. Tesla shares on Tuesday jumped as much as 13 percent to $462 in early trading on news…