The S&P 500 was on track to open in bear market territory, while global stocks tumbled and bond yields jumped as fears over inflation rattled investors ...
- Saks Fifth Avenue:$20 off sitewide + free shipping - Saks Fifth Avenue coupon You may cancel your subscription at anytime by calling Customer Service. Contracts for the technology-focused Nasdaq-100, which entered bear market territory in March, were down 2.9%. Futures for the Dow Jones Industrial Average fell 1.9%, or more than 500 points.
Stocks fell sharply on Monday after a stronger-than-expected inflation report spooked investors. The S&P 500 entered a bear market once again after briefly ...
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“Global stocks are trading sharply lower and bond yields rose to new multi-year highs overnight amid fears that the Fed is getting more aggressive into an ...
Bond yields are jumping to new heights as fears about Federal Reserve rate hikes persist. The stock market is continuing to tumble Monday—now falling into bear market territory. The S&P 500 Enters Bear Market Territory—and What Else Is Happening in the Stock Market Today
Here are the most important news, trends and analysis that investors need to start their trading day: Futures plunge, with S&P 500 poised to fall back into ...
EV start-up Electric Last Mile Solutions said late Sunday it plans to file for Chapter 7 bankruptcy protection less than a year after going public via a special purpose acquisition company merger. Bitcoin tumbled 14%, to below $24,000 on Monday, hitting its lowest level since December 2020, as investors dump crypto in a broader sell-off in risk assets. The S&P 500 and the Nasdaq look set to open down 2% and 2.7%, respectively, with the former tracking to enter bear market territory again and test this year's low of 3,810.32 last month. The Fed is set to hold its June meeting on Tuesday and Wednesday, with a 0.5% rate increase expected. The Fed is in a tough spot, trying to cool things off with tighter monetary policy while trying not to tip the economy into a recession. The 2-year Treasury yield on Monday hit its highest level since 2007, trading around 3.16%. At one point, the 2-year yield briefly inverted and went above its 10-year counterpart for the first time since April. A so-called yield curve inversion is seen as an indicator of a recession.
Steep downturns of stocks by 20 percent or more are relatively rare, but how long they last could portend damage — for you and the economy.
“It’s not just the loss from January; it’s what happens going forward,” she said. That’s not a guarantee — especially in the near term. People with retirement accounts are keeping more of their assets in stocks now, as opposed to bonds or a mix of other investments. But 401(k) plans can still take a significant hit in market downturns. “If the market is on a complete downturn, what are you supposed to do?” Most Americans are exposed to the stock market through their retirement accounts. Not everyone believes a recession is imminent this time, in part because there are areas of the economy that are doing better than in previous bear market moments. While recessions have often followed bear markets, one does not necessarily cause the other. The S&P closed just above a bear market in May before recovering, but stocks fell sharply again on Friday following the latest release of government data showing that inflation had accelerated again. That happened Monday, when the S&P 500 fell 22 percent from Jan. 3. Bear markets — when stocks decline at least 20 percent from their recent peaks — are relatively rare, and they frequently precede a recession. –83%
Stocks face more losses after global shares sank into a bear market amid a surge in Treasury yields and the dollar on growing expectations of sharper ...