Stock Markets Wobble as Bear Market Looms Over S&P 500

Stock Markets Wobble as Bear Market Looms Over S&P 500

US stocks wavered Thursday on growing worries of an economic slowdown that sent investors into the haven of government bonds. The S&P 500 was recently up about 0.1%, although still close to bear market territory — market shorthand for a 20% fall from a recent high. The index tumbled 4% Wednesday, its biggest one-day retreat … Read more

Stock Markets Fall as Bear Market Looms Over S&P 500

Stock Markets Wobble as Bear Market Looms Over S&P 500

US stocks resumed their declines on Thursday on growing worries of an economic slowdown that sent investors into the haven of government bonds. The S&P 500 fell 0.7%, putting the index close to bear market territory — market shorthand for a 20% fall from a recent high. The index tumbled 4% Wednesday, its biggest one-day … Read more

Stock Selloff Crunches SPAC Creators as They Race to Find Deals

Stock Selloff Crunches SPAC Creators as They Race to Find Deals

An investor stampede out of risky trades is squeezing SPACs that are running out of time to find companies to take public, potentially leaving their architects without deals and saddled with sizable losses. Firms that have gone public through mergers with special-purpose acquisition companies have tumbled lately alongside the technology sector and cryptocurrencies. Supply-chain disruptions … Read more

Dow Falls More Than 1,000 Points After Disappointing Retailer Earnings

Poor results from big US retailers sent stocks skidding sharply Wednesday, putting Wall Street on course to extend the year’s volatility. The Dow Jones Industrial Average fell about 1,100 points in afternoon trading, down 3.4%. The S&P 500 dropped 3.9%, and the tech-focused Nasdaq Composite slid 4.6%. All three indexes are on pace for their … Read more

Why this investor who paid $ 650,000 to lunch with Buffett isn’t buying or selling stocks right now

It’s 13-F season, and you’re not going to find many like Guy Spier’s Aquamarine Capital in the first quarter —- zero buys, zero sells. “Pathetic, isn’t it,” quips Spier in an interview. Spier says he feels less pressure to trade for trading sake after he stopped charging management fees. They also cite the possibly apocryphal … Read more

Why this investor who paid $ 650,000 to lunch with Buffett isn’t buying or selling stocks right now

It’s 13-F season, and you’re not going to find many like Guy Spier’s Aquamarine Capital in the first quarter —- zero buys, zero sells. “Pathetic, isn’t it,” quips Spier in an interview. Spier says he feels less pressure to trade for trading sake after he stopped charging management fees. They also cite the possibly apocryphal … Read more

Dow climbs third straight day as stocks end sharply higher after retail sales, Fed Chair Powell’s remarks

US stocks closed sharply higher Tuesday, after retail sales data for April suggested the economy remained healthy and as investors weighed remarks by Federal Reserve Chairman Jerome Powell. On Monday, the Dow finished less than 0.1% higher, the S&P 500 closed 0.4% lower and the Nasdaq fell 1.2%. The declines followed another losing week for … Read more

Stocks Rise Ahead of Powell Talk

US stock indexes climbed Tuesday as investors snapped up beaten-down shares in technology, banking and other sectors. The S&P 500 rose 1.4% in morning trading, while the Dow Jones Industrial Average added 0.9%. The tech-heavy Nasdaq Composite jumped 1.7%, rebounding after it fell 1.2% on Monday in a late-session selloff. US stocks have taken a … Read more

Morgan Stanley: ‘Hard landing’ odds jump as investors worry about economic growth

The probability of a “hard landing” for the US economy has jumped, with stock and bond investors worried about slowing economic growth, according to Morgan Stanley’s wealth-management division. “The stock- and bond-market downturn has advanced to behavior resembling a classic cyclical bear market rather than simply a correction,” said Lisa Shalett, chief investment officer at … Read more

Morgan Stanley: ‘Hard landing’ odds jump as investors worry about economic growth

The probability of a “hard landing” for the US economy has jumped, with stock and bond investors worried about slowing economic growth, according to Morgan Stanley’s wealth-management division. “The stock- and bond-market downturn has advanced to behavior resembling a classic cyclical bear market rather than simply a correction,” said Lisa Shalett, chief investment officer at … Read more