Stocks tumbled this morning as investors assessed risks associated with the Omicron variant. Reopening stocks suffered the worst losses in early trading while markets processed Fed Chairman Jerome Powell’s remarks released last night. He believes that the omicron variant poses “downside risks to employment and economic activity.” ...
Stocks were looking to take back some of last week’s losses in early trading today. As a result of Friday’s sell-off, the Dow lost more than 900 points for its worst decline this year. The move downward came amid low trading volume during a holiday-shortened session. Analysts...
Stocks plunged at the start of this holiday-shortened day of trading after World Health Organization officials warned of a new variant spreading across South Africa. The U.K has already suspended flights from South Africa in hopes of containing the spread. The pandemic forced us to change...
Stocks ticked lower this morning as investors awaited the release of minutes from the November Federal Reserve meeting, slated for 2 p.m. In the most recent meeting, the central bank confirmed plans to start tapering its $120 billion monthly bond-buying program. Market watchers will be looking for...
While a rate hike may still be on the distant horizon, it wouldn’t hurt to prepare by considering which investments will benefit when rates do eventually rise. Investors will also be watching for clues around the first rate hike, which economists say could come as early as...