S&P 500 Index

Don’t look for a stock market bottom until a soaring dollar cools down. Here’s why.

It will be difficult for the stock market to stop its slide and find a bottom as long as the US dollar keeps soaring versus its rivals, according to market analysts. Global stocks suffered a bruising week, with the S&P 500 on Friday narrowly avoiding its lowest close of the year. At the same time, …

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US stocks suffer another week of losses, Dow ends lowest since November 2020 as bond yields hammer equities after Fed rate hike

US stocks closed sharply lower Friday, with the Dow Jones Industrial Average ending at its lowest closing value since November 2020. All three major benchmarks suffered another week of losses as bond yields rose in the wake of the Federal Reserve’s interest rate hike on Wednesday. For the week, the Dow dropped 4% while the …

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Wharton’s Jeremy Siegel accuses Fed of making one of the biggest policy mistakes in its 110-year history

““I think we’re giving Powell too much praise. … The last two years are one of the biggest policy mistakes in the 110-year history of the Fed by staying so easy when everything was booming.”” —Jeremy Siegel Wharton professor Jeremy Siegel has a bone to pick with Federal Reserve Chair Jerome Powell. The longtime market …

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These 20 stocks in the S&P skidded as much as 21.5% during another brutal week for the market

Another difficult week for US stocks ended with shares of oil producers sliding and Ford Motor Co. tumbling further on concerns over supply shortages. The S&P 500 SPX fell 1.7% on Friday for a one-week decline of 4.6%, as investors continued to freight about the Federal Reserve’s interest-rate increases to temper inflation. Among components of …

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Is it time to buy Treasurys? Here’s how to allocate your portfolio, according to the pros

The latest threat to stocks now isn’t any macro risk — it’s rising 2-year Treasury yields, according to some fund managers and strategists. Short-term, relatively risk-free Treasury bonds and funds are back in the spotlight as the yield on the 2-year Treasury continues to surge. On Wednesday, it reached 4.1%—the highest level since 2007. As …

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The Dow tumbled 500 points because Jerome Powell’s Fed ‘isn’t going to blink’

It took stock-market investors a while to make up their minds, but when the closing bell sounded on Wednesday it was clear they didn’t like what they had heard from the Federal Reserve and its chairman Jerome Powell. See: Fed approves third large interest rate hike and signals more before year-end Central bankers also penciled …

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Why investors fear a full-percentage-point Fed rate hike would ‘unnerve’ Wall Street

The Fed has delivered two 75 basis point interest-rate hikes so far this year. A previous version of this story said it had delivered three. With both US stocks and bonds under pressure on Tuesday, some on Wall Street argue that investors are underestimating the possibility that the Fed might deliver a surprise 100-basis-point interest-rate …

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Looking for a short-term trade? This ETF carries risk — but outperforms when volatility spikes

Volatility reared its head again last week, with US stocks posting their worst week since June as traders responded to growth fears, hot inflation data and the possibility of a 100 basis point rate hike by the Federal Reserve. It marked Wall Street’s fourth losing week in five, highlighting the fragile state of the stock …

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Why stock-market bears are eyeing June lows after S&P 500 falls back below 3,900

Goodbye, summer bounce. The S&P 500 finished Friday below a crucial chart support level that’s served as a battleground in recent years, leading technical analysts to warn of a potential test of the stock market’s June lows. “Over the last three years, the level on the [S&P 500] with the most amount of volume traded …

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Can the Fed tame inflation without further crushing the stock market? What investors need to know.

The Federal Reserve isn’t trying to slam the stock market as it rapidly raises interest rates in its bid to slow inflation still running red hot — but investors need to be prepared for more pain and volatility because policy makers aren’t going to be cowed by a deepening selloff, investors and strategists said. “I …

Can the Fed tame inflation without further crushing the stock market? What investors need to know. Read More »

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