U.S stock market

The share of household wealth that comes from directly or indirectly held stocks hit a record 41.9%, more than double where it was 30 years ago. Tech companies ...

But it's probably getting ahead of itself in that regard." "So the sell-off we're seeing now strongly argues for a slowly growing economy, perhaps an economy that's flirting with recession. They want to slow the economy." For the central bank, inflation remains its main problem, and that has come from supply that has been unable to meet with relentless consumer demand for goods over services. Central bankers always have been attuned to market gyrations, but following the 2008 financial crisis, monetary policy has even more so relied on risk assets as a transmission mechanism. That's another reason why the Fed has to watch this." We've seen a really big correlation between equity prices and discretionary spending." "That's another element of the line between what's happening in the equity market and economic growth." That is no longer the case today." "If stock prices are down, it's much more difficult to raise equity. "The market is a prescient indicator of where the economy is headed, but overstates the case generally," Zandi said. Stocks and consumer confidence historically have been linked closely, so when stocks fall people tend to curtail spending.

Expectations of a hawkish Federal Reserve are dimming Wall Street's outlook for stocks, with some investors now bracing for a potential bear market in the ...

Investors are currently pricing in a total of 209 basis points in tightening this year, putting the central bank on track for its most aggressive tightening path since 1994. He has slashed his holding of equities and is moving into municipal bonds in preparation for a months-long bear market. Register now for FREE unlimited access to Reuters.com The Nasdaq Composite index (.IXIC) reached bear market territory in March and is down nearly 26%. Register now for FREE unlimited access to Reuters.com Register now for FREE unlimited access to Reuters.com

Investors are increasingly worried about inflation, a war in Ukraine and China's COVID-19 lockdowns.

While inflation likely peaked in March at 8.5%, the hottest in four decades, price pressures are expected to remain elevated, keeping Fed officials on track to steadily lift borrowing costs in the months ahead. Even if an outright recession is avoided, the outlook for U.S. stocks isn’t particularly bright, according to Goldman Sachs Group Inc. strategists. The rout also spread to energy producers, easily the market’s strongest sector in 2022. Fed Bank of Atlanta President Raphael Bostic told Bloomberg Television he favors policy makers continuing to raise rates by half-point increments rather than doing anything larger. - The yield on 10-year Treasuries declined 10 basis points to 3.03% - The British pound fell 0.1% to $1.2333 Traders will be closely watching a host of central bank speakers this week after Chair Jerome Powell on Wednesday played down the option of 75 basis-point rate hike. - The Nasdaq 100 fell 4% Pandemic-era stars bore the brunt of the selling, with Cathie Wood’s flagship exchange-traded fund sinking about 10% and an ETF tracking newly public companies down the most since the onset of the pandemic. Data Monday showed U.S. consumers project prices in three years to be higher compared with a month ago — a troubling sign for officials trying to keep longer-term expectations anchored. The group plunged over 8% as crude slid. Big tech was not spared, with the likes of Tesla Inc., Amazon.com Inc. and Nvidia Corp. off by at least 5%. The Cboe Volatility Index spiked to its highest in two months.

Stocks pared losses and U.S. equity futures climbed, providing a little respite for global markets from concerns about an economic downturn.

Stocks pared losses and U.S. equity futures climbed, providing a little respite for global markets from concerns about an economic downturn.

(Bloomberg) -- Stocks tumbled to a 13-month low in a widespread selloff amid concern about the Federal Reserve's ability to tame inflationary spirals ...

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