Stocks tumbled in early trading and seemed to be headed for a continuation of last week’s sell-off.  Since a recent market peak on March 29, the Nasdaq has tumbled more than 12%, versus roughly 8% for the S&P 500 and 4% for the Dow.
Stocks were little changed this morning after dramatically shifting course yesterday, erasing early gains to finish the session lower.  Before the opening bell, the S&P 500 was up less than 0.1% for the week, the Dow was up 1%, and the Nasdaq was down 1.3% and on...
Stocks gained in early trading as investors awaited comments from Fed Chair Jerome Powell during the International Monetary Fund Debate on the Global Economy.  Market watchers will be looking for clues on rate hikes and steps the central banks will take to reduce their balance sheet this...
Stocks were flat this morning as investors processed pivotal corporate earnings reports from major companies.  Tech shares were weighed down by Netflix (NFLX), which bled 26% in premarket trading after the company reported a loss of 200,000 subscribers in the first quarter. Tesla (TSLA) and United Airlines...
Expectations for Fed hawkishness have escalated sharply recently.  The likelihood of a 0.50% Fed rate hike in May has risen to 91%, and the central bank is widely expected to announce a balance-sheet reduction program at a pace of $95 billion per month.   Ahead...