Stocks ticked lower to start the holiday-shortened week after wrapping up a losing month, quarter, and the worst first half in decades on Thursday. Moving into the second half of the year, HSBC’s global chief strategist, Joe Little, believes we are at or near “peak pain” on...
Despite Friday’s rally, stocks declined this week after closing the worst first half in decades amid surging inflation and mounting recession fears.   For the week, the Dow fell 1.3%, the S&P 500 lost 2.2%, and the Nasdaq shed 4.3%.    During the first half...
June has been a rough month for energy stocks. Earlier this week, the group officially dropped into bear market territory, closing Friday 21.3% below its June 8th high. Still, energy is the only sector in the green year to date. So far this year, the energy sector...
Stocks slid lower to start the first session of the year's second half after closing out the worst first half in fifty years. For the first six months of 2022, the Dow shed more than 15%, and the S&P 500 lost 20.6%. Tech stocks have...
Stocks dropped in early trading as investors prepare to wrap up the worst first half of the year in decades. The first six months of 2022 have been wrought with pain for the major indexes. Moving into the second half of the year, many are...