The major averages wrapped up a big comeback week for stocks, snapping three-week losing streaks as market participants tried to determine whether markets had found a bottom. The S&P 500 gained nearly 6.5% for the week, while the Nasdaq Composite rose 7.5%. The Dow finished the week...
Seeking out great stocks to buy is essential, but many would say it’s even more important to know which stocks to steer clear of. A losing stock can eat away at your precious long-term returns. So, figuring out which stocks to trim or get rid...
With the Nasdaq solidly in bear market territory, most market participants are busy talking about the steep losses tech names have suffered. But in the long term, the technology sector will be a force to reckon with in the market, and if history repeats itself, stocks...
With the Federal Reserve tightening its monetary policy to combat inflation and equity markets responding with volatility, many investors are seeking companies from defensive sectors with a reputation for being resilient during times of economic weakness.
Companies that operate in industries like health care,...
Stocks finished last week with steep losses after the Labor Department released its May consumer price index (CPI) inflation reading. The report, released Friday, showed that May’s annual inflation rate rose to a 40-year-high of 8.6%, above expectations of 8.2%.
Last week’s decline...