Stock Market Today: The Dow Steadies, NIO Drops, Bed Bath & Beyond Slumps

Text size Fed chair Jerome Powell will deliver remarks at a central bank summit. Olivier Douliery / AFP via Getty Images Stocks were trying to find their footing Wednesday amid renewed concerns about economic growth and whether central banks are raising interest rates too quickly. In midday trading, the Dow Jones Industrial Average has risen … Read more

What’s next for the stock market after the worst 1st half since 1970? Here’s the history.

A bear market that began shortly after the calendar flipped over to 2022 has the S&P 500 on track for its worst first half in 52 years. Investors looking ahead to the end of the year might have some reason for hope, although history is only a rough guide. The S&P 500 SPX, -2.01% was … Read more

Stock Market Today: Dow Rises, Snowflake Gains, eBay Drops

Text size Wall Street continues to center on how aggressive the Federal Reserve will be in boosting interest rates. Angela Weiss / AFP via Getty Images US stock indexes opened in the green on Tuesday, extending a string of gains that began last week. Optimists believe that a bottom had been found after a brutal … Read more

The Stock Market Rally Is Real. It’s Still a Bear Market.

Text size Federal Reserve Chairman Jerome Powell. Kevin Dietsch / Getty Images) Even bear markets get bounces. The stock market had a terrific week, and for the first time in a long time, the rally feels like it can last. The Dow Jones Industrial Average rose 5.4%, the S&P 500 gained 6.4%, and the Nasdaq … Read more

Stocks Shoot Higher. Powell Couldn’t Scare Markets This Time.

Text size David L. Nemec / New York Stock Exchange The stock market gained Thursday as Federal Reserve Chairman Jerome Powell tested before Congress for a second day. Nothing he has got scared the market — for now. The Dow Jones Industrial Average gained 195 points, or 0.6%, while the S&P 500 rose 1% and … Read more

Stock Market Today: The Dow Drops After Powell Speaks

Text size People walk along Wall Street, near the New York Stock Exchange in New York. Photo by ED JONES / AFP via Getty Images The stock market couldn’t hold on to gains Wednesday, even after Federal Reserve Chairman Jerome Powell told lawmakers that a slower pace of interest rate hikes is possible. Markets are … Read more

Stock Market Today: Dow Jumps, Tesla Gains, Kellogg Surges

Text size Traders work on the floor of the New York Stock Exchange. Spencer Platt / Getty Images The stock market bounced back partially on Tuesday after getting crushed last week as no news proved to be good news. Investors can only hope the rally will last. The Dow Jones Industrial Average rose 643 points, … Read more

Market Turmoil Pummeled Stocks of Private Equity Firms. Why It’s Time to Buy.

TPG said Tuesday it was buying Convey Health Solutions Holdings, a healthcare technology company, for $ 10.50 a share, or $ 1.1 billion. Dreamstime Text size This year’s market downturn has pummeled shares of publicly traded private equity firms, but the group, which includes TPG and Carlyle Group , ultimately is expected to gain from … Read more

Stock market set for worst half-year performance since 1932. Recession threat will dictate 2nd half: Deutsche Bank

The S&P 500 officially hit bear market territory last week and, according to Deutsche Bank, is currently on track for its worst half-year performance since the Great Depression. With the large-cap benchmark SPX, + 2.57% having shed around 22.3% so far in 2022, strategists the bank see the remainder of the year hinging on whether … Read more

Why financial literacy needs to be part of the holiday

Brock Harrell, of Galveston, rings a bell during a reenactment to celebrate Juneteenth, which commemorates the end of slavery in Texas, two years after the 1863 Emancipation Proclamation freed slaves elsewhere in the United States, in Galveston, Texas, June 19, 2021. Callaghan O’Hare | Reuters Financially focused podcast Earn Your Leisure is aiming to normalize … Read more