SPX

The Dow tumbled 500 points because Jerome Powell’s Fed ‘isn’t going to blink’

It took stock-market investors a while to make up their minds, but when the closing bell sounded on Wednesday it was clear they didn’t like what they had heard from the Federal Reserve and its chairman Jerome Powell. See: Fed approves third large interest rate hike and signals more before year-end Central bankers also penciled …

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Why ‘quantitative tightening’ is the wild card that could sink the stock market

Quantitative monetary easing is credited for juicing stock market returns and boosting other speculative asset values ​​by flooding markets with liquidity as the Federal Reserve snapped up trillions of dollars in bonds during both the 2008 financial crisis and the 2020 coronavirus pandemic in particular. Investors and policy makers may be underestimating what happens as …

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US stocks close sharply higher, snap 3-week losing streak with gains led by tech-heavy Nasdaq

US stocks ended sharply higher Friday, with all three major benchmarks snapping three straight weeks of losses, as investors appeared to have priced in another jumbo rate hike from the Federal Reserve. How stock indexes performed The Dow Jones Industrial Average DJIA, +1.19% advanced 377.19 points, or 1.2%, to close at 32,151.71. The S&P 500 …

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How low can the stock market go? 4 bear scenarios investors should keep in mind

Bears who reckon the S&P 500 hasn’t yet found its bottom see the large-cap benchmark falling 15% to 35% from current levels, according to DataTrek Research co-founder Nicholas Colas. With that in mind, the Wall Street veteran, in a Thursday note, outlined four downside scenarios that investors should consider: 3,386 – ‘the last pre-pandemic high …

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Verizon raises dividend, to extend lead as highest-yielding Dow component

Shares of Verizon Communications Inc. VZ, -0.48% rose 0.2% in premarket trading Tuesday, after the telecommunications company raised its quarterly dividend by 2%, to extend its lead has the highest-yielding Dow Jones Industrial Average DJIA, -0.55% component. Verizon said the new dividend of 65.25 cents a share, up from 64.00 cents a share, will be …

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Bad news for stocks: Fed will be surprised how hard rate hikes hit economy, says BlackRock

Federal Reserve policy makers are about to surprise themselves — and not in a good way when it comes to stocks and other assets perceived as risky, according to analysts at BlackRock Investment Institute. BlackRock has argued that investors are dealing with a “regime shift” as the COVID-19 pandemic upended an unusual period of mild …

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Bill Ackman says stocks will soon be a ‘buy’ now that the Fed is ‘doing what it has to do’ to fight inflation

“‘Once people realize the Fed doesn’t have to keep increasing rates and will soon take rates down…that will be a buy signal for markets.’” — Bill Ackman Pershing Square Capital Management’s billionaire founder Bill Ackman shared some commentary about the markets and the US economy during a brief interview on CNBC’s “Squawk Box” Tuesday morning. …

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How investors are reading an August jobs report as US stocks close at lowest level since July

How investors are reading an August jobs report as US stocks close at lowest level since July A stock market rally that followed a healthy gain in US employment in August gave way to losses on Friday with the three major indexes closing at their lowest levels since late July, as Wall Street assessed one …

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Trading on ‘Goldilocks’ jobs report becomes hazardous as S&P 500 encounters stiff technical resistance

Trading on ‘Goldilocks’ jobs report becomes hazardous as S&P 500 encounters stiff technical resistance Friday’s US jobs report for August gave a little good news to just about everyone — with overall job gains and hourly wages moderating by enough to have traders pull back a bit on expectations for interest rate-hikes by the Federal …

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‘The psychology has changed so quickly’: Why stock-market lows may be retested as S&P 500 enters its weakest stretch of year

‘The psychology has changed so quickly’: Why stock-market lows may be retested as S&P 500 enters its weakest stretch of year With summer winding down, the US stock market is set up for a potentially shaky fall. “Recession fears are the most likely trigger of a retest of the June lows,” said Ed Clissold, chief …

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