Federal Reserve Chairman Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy on July 31, 2024 in Washington, USA. Kevin Mohatt | Reuters The Federal Reserve has forecast a further half-percentage point rate cut by the end of 2024, and the central bank […]
A trader works on the trading floor of the New York Stock Exchange following the Federal Reserve’s interest rate announcement on September 18, 2024. Andrew Kelly | Reuters U.S. stock futures rose on Wednesday evening as traders digested the Federal Reserve’s earlier decision to cut interest rates by half a percentage point. Dow Jones Industrial […]
Former U.S. President and Republican presidential candidate Donald Trump speaks during a press conference at Trump National Golf Club Los Angeles in Rancho Palos Verdes, California, September 13, 2024. Robyn Beck | Afp | Shares of Trump media jumped more than 25% on Friday, just minutes after majority owner Donald Trump said he would not […]
Equity strategist Tom Lee expects the stock market to be in turmoil over the next eight weeks, although he believes a dip could be a buying opportunity for investors. Lee’s shares could decline 7 to 10 percent as investors ride out what is historically the weakest month of the year. The Stock Trader’s Almanac shows […]
Traders work on the trading floor of the New York Stock Exchange (NYSE) in New York City, USA, September 9, 2024. Brendan McDermid | Reuters There were sell-offs on Wednesday as new U.S. inflation data dampened traders’ hopes of a sharp interest rate cut by the Federal Reserve later next week. The S&P500 was trading […]
The Nasdaq-Composite rose on Thursday after two consecutive days of losses as investors bought up battered technology stocks ahead of Friday’s key jobs report. The technology-heavy benchmark rose 1%. S&P500 increased by 0.4%, and the Dow Jones Industrial Average hovered near the zero line. Popular megacap and chip stocks led the move higher, with Nvidia […]
Traders work on the trading floor of the New York Stock Exchange (NYSE) in New York City, USA, August 30, 2024. Brendan McDermid | Reuters U.S. stock futures were little changed on Tuesday evening after major averages fell at the start of September. Dow Jones Industrial Average futures fell by 5 points or 0.01%. S&P […]
Some companies, like Bath & Body Works and Southwest Airlines, can help investors get through what has historically been a rough month for stocks. According to the Stock Trader’s Almanac, September is notoriously the worst month of the year for the S&P 500, Dow Industrials, Nasdaq Composite and Russell 2000 — and the last four […]
Market volatility is unlikely to abate anytime soon. Data compiled by Trivariate Research shows that the S&P 500 has lost an average of 1.3% in September since 1929. The firm also noted that the benchmark’s overall volatility this month is among the four largest, with a standard deviation of 5.8%. August was also a choppy […]
A trader works on the trading floor of the New York Stock Exchange. NYSE Stocks fell on Tuesday as technology stocks struggled and traders prepared for a potentially difficult month. The Dow Jones Industrial Average 450 points or 1.1% lower. The S&P500 fell by 1.1%, while the Nasdaq-Composite fell by 1.4%. Stocks came under downward […]
