fbpx

stock

Gold, silver feeling the pressure from hawkish central banks

Gold and silver prices are modestly lower in midday U.S. trading Tuesday. Hawkish monetary policies from the U.S. Federal Reserve and other major central banks of the world have cast a pall over the stock and financial markets at present, but have boosted U.S. Treasury yields and the U.S. dollar index—both of which are competing assets with the …

Gold, silver feeling the pressure from hawkish central banks Read More »

U.S. inflation climbs to new 41-year high of 9.1%, CPI shows, as gas prices surge

Consumer prices rise 1.3% in June A surge in prices drove the cost of a gallon of gas above $5 nationwide for the very first time in June. In some places prices were even higher, contributing to the worst inflation in almost 41 years. JUSTIN SULLIVAN/GETTY IMAGES The numbers: Surging gasoline prices last month drove the …

U.S. inflation climbs to new 41-year high of 9.1%, CPI shows, as gas prices surge Read More »

Here’s the real reason the stock market is coming unglued — and it isn’t because of weak earnings

P/E multiple contraction is the main driver of falling share prices. GETTY IMAGES/ISTOCKPHOTO An earnings recession is not the biggest threat facing the stock market right now. That may seem a curious assertion to make in a week in which the largest retailers are reporting disappointing earnings and retail-sector stocks are being pummeled. In fact, contracting …

Here’s the real reason the stock market is coming unglued — and it isn’t because of weak earnings Read More »

Dow drops over 700 points as stocks slide on fears higher costs are eroding profits

Target shares tumble after wide earnings miss A Wall Street sign is seen at the New York Stock Exchange (NYSE) on Jan. 4, 2022 in New York City. AFP/GETTY IMAGES U.S. stock indexes were trading sharply lower Wednesday, led by retailers whose quarterly results confirmed higher costs for fuel and wages are eating into profits, …

Dow drops over 700 points as stocks slide on fears higher costs are eroding profits Read More »

Breaking: Nasdaq drops over 4% as Treasury yields jump

  The Nasdaq Composite slumped 474 points, or 3.7%, Thursday morning, more than taking back the previous session’s sharp rise seen after the Federal Reserve delivered a half-point interest rate increase but signaled it was taking a 75 basis point move off the table. Tech-related shares led the drop for stocks as Treasury yields, which …

Breaking: Nasdaq drops over 4% as Treasury yields jump Read More »

A rough 4 months for stocks: S&P 500 books the worst start to a year since 1939.

The Nasdaq Composite just notched the worst start to a calendar year in its history, dating back to 1971. To say that it has been a perilous stretch for bullish stock investors on Wall Street lately is a bit of an understatement. Marked by stomach-churning volatility and bruising losses in once-popular technology trades, the S&P …

A rough 4 months for stocks: S&P 500 books the worst start to a year since 1939. Read More »

Scroll to Top