The stock sell-off accelerated last week after first-quarter reports from retail giants Walmart and Target rattled markets. The key retailers reported operating margin misses driven by higher input costs from areas like fuel and freight. Inflation concerns were driven by the disappointing earnings, adding fuel to market-wide...
Over the past 18 months, Chinese regulators have passed new regulations and imposed fines on numerous sectors, including education, gaming, ride-hailing, and food delivery, crushing the market cap of many of the country’s leading companies. But after positive comments from China’s economic czar, Vice Premier Liu...
Stocks rallied to finish the week, but Friday’s gains were not enough to make up for earlier losses. The S&P 500 recorded its sixth consecutive weekly loss, shedding 2.4%, while the Dow notched its seventh, dropping 2.1%, and the Nasdaq shed 2.8%.
This week...
Rising interest rates and persistent inflation continue to erode investor confidence and profit margins for once-coveted tech names. Considering many of the best growth stocks continue to trade lower, investors may want to look at something that's been tracking relatively well: value stocks. The Invesco S&P 500...
Markets were especially volatile last week. Stocks rallied on Wednesday after Fed Chair Jerome Powell announced a less hawkish trajectory for upcoming policy meetings. But, the relief rally proved to be short-lived, as markets fell sharply on Thursday and continued to decline on Friday. The Nasdaq shed...