U.S. stock market

Investors looked ahead to more data on inflation and earnings to gauge the strength of the economy and corporate profits as the Fed continues to tighten.

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The economic impact of Federal Reserve policy, high inflation, and global disruptions from Covid-19 lockdowns in China is weighing on investors.

- Print Article - Order Reprints The Dow Is Sliding, Palantir Is Tumbling—and What Else Is Happening in the Stock Market Today

The S&P 500 fell 2.4%, adding to losses after closing out its longest streak of weekly declines since 2011. The Nasdaq Composite tumbled 3.3%, and the Dow Jones ...

- Saks Fifth Avenue:$20 off sitewide + free shipping - Saks Fifth Avenue coupon You may cancel your subscription at anytime by calling Customer Service. The S&P 500 fell 2.6%, adding to losses after closing out its longest streak of weekly declines since 2011.

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.

Dow Jones Industrial Average futures rose by 92 points, or 0.3%. S&P 500 and Nasdaq 100 futures climbed 0.3% and 0.4%, respectively. Shares of AMC and Novavax ...

The broad market index dropped 17% from its 52-week high as Wall Street continued to struggle finding a bottom after last week's losses. The Dow Jones Industrial Average dropped 1.99%, down more than 12% from 52-week highs. Shares of AMC and Novavax made moves after hours on the backs of their most recent quarterly reports. Shares for Tesla dropped more than 9%. Shares for Meta Platforms and Alphabet fell 3.7% and 2.8%, respectively. In after hours trading on Monday, AMC's stock price jumped 4% after the entertainment company reported its "strongest first quarter in two full years" as consumers returned to movie theaters.

All three major indices were pummelled in another ugly trading session. . Read more at straitstimes.com.

Both companies cautioned that a deal was not certain. But Philip Morris International gained 0.9 per cent after it confirmed it was in talks to acquire Swedish Match in a deal that would boost its smokeless offerings. Large tech names continued to retreat with Amazon losing 5.2 per cent and Netflix falling 4.4 per cent. Ten of the 11 sectors in the S&P 500 finished lower, with only the consumer staples group mustering a tiny gain. The broad-based S&P 500 slid 3.2 per cent to 3,991.24, its first close under 4,000 points since March 2021. All three major indices were pummelled in another ugly trading session, with the Dow Jones Industrial Average falling two per cent, or more than 650 points, to end the day at 32,245.70.

TOKYO (AP) — Shares fell in most Asian markets on Monday as interest rate hikes and a slowing Chinese economy weighed on investor sentiment.

The yield on the 10-year Treasury has shot to its highest level since 2018 as inflation and expectations for Fed action rose. The Nasdaq composite’s loss of 25.7% for 2022 so far is much sharper than that for other indexes. The shift means Ukraine aid will likely move forward, but the fate of pandemic relief is uncertain. Brent crude, the international standard, fell 5.7% to settle at $105.94 a barrel. The tech sector is the largest in the S&P 500 by market value, giving it additional weight for the market's movements. Last week, it signaled additional increases of double the usual amount may hit in upcoming months, in hopes of stamping out the high inflation sweeping the economy. In the meantime, higher rates discourage investors from paying very high prices for investments, because investors can get a better return from owning super-safe Treasury bonds than they could just a few weeks ago. Many tech-oriented companies saw profits boom through the pandemic as people looked for new ways to work and entertain themselves while locked down at home. Companies overall are reporting bigger profits than expected, as is usually the case. Bond yields and the price of gold also fell. Monday’s sharp drop leaves the S&P 500, Wall Street’s main measure of health, down 16.8% from its record set early this year. Not only did stocks fall across Europe and much of Asia, but so did everything from old-economy crude oil to new-economy bitcoin.

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.

The slide in the S&P 500 topped 3%, while the Treasury curve steepened, with the gap between two- and 30-year rates hitting the widest since mid-March as short- ...

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Investors looked ahead to more data on inflation and earnings to gauge the strength of the economy and corporate profits as the Fed continues to tighten.

You can select 'Manage settings' for more information and to manage your choices. You can change your choices at any time by visiting Your Privacy Controls. Find out more about how we use your information in our Privacy Policy and Cookie Policy. Click here to find out more about our partners. - Information about your device and internet connection, including your IP address

“There is one potential catalyzer this week, that could eventually slow down the market selloff: U.S. inflation data due Wednesday. The consumer price index is ...

A softer inflation is the only thing that could give hope to investors,” said Ipek Ozkardeskaya, senior analyst at Swissquote Bank. The early rise may give traders thought that a so-called “Turnaround Tuesday” may materialize. - Futures on the Nasdaq 100NQ00,increased 189.25 points, or 1.6% to 12383. On Monday, the Dow Jones Industrial Average DJIA, -1.99%fell 654 points, or 1.99%, to 32246, the S&P 500 SPX,declined 132 points, or 3.2%, to 3991, and the Nasdaq Composite COMP,dropped 521 points, or 4.29%, to 11623. - Futures on the S&P 500ES00,gained 40.75 points, or 1%, to 4028. - Futures on the Dow Jones Industrial AverageYM00,rose 279 points, or 0.9% to 32440.