S&P 500

Investors are rattled by higher-than-expected inflation data ahead of the Federal Reserve board's two-day meeting.

Hong Kong’s Hang Seng Index was down 3.4 percent, while the German DAX index fell 2 percent. But inflation reached a new pandemic-era peak of 8.6 percent Friday, according to the Bureau of Labor Statistics. Stocks sold off in tandem with the Dow losing 2.7 percent. Stocks sold off in premarket trading Monday — with the S&P 500 poised to open in bear market terrain — as investors agitated over inflation ahead of the Federal Reserve’s upcoming meeting.

Dow Jones, S&P 500 stock market futures point to sharply lower open · Inflation data may prompt Fed to raise interest rates even higher · Bitcoin, crypto crashing.

Since higher interest rates make borrowing more expensive, dragging on spending and investments by households and companies, there also is a risk the Fed could push the U.S. economy into a recession. Record-low interest rates engineered by the Fed and other central banks have helped keep investment prices high. The growing expectation is for the Fed to raise its key short-term interest rate by half a percentage point at each of its next three meetings, beginning next week. The price for Bitcoin neared $68,000 late last year. But inflation accelerated to 8.6% in May. That’s a decline of more than 20% since Jan. 3 and if it holds until markets close, it would push Wall Street’s main barometer of health into a bear market.

U.S. stock futures sank Monday after the worst week on Wall Street since January. Bond yields soared as investors braced for the Federal Reserve to increase ...

Shares of the cryptocurrency exchange Coinbase (COIN) sank more than 14% amid the sharp pullback in the prices of bitcoin and other digital assets over the weekend. Wolfe Research downgraded the stock to underperform from peer perform over the weekend. The joint statement backing the deal was signed by 10 Democrats and 10 Republicans. (NBC News) The benchmark 10-year yield later popped to 3.26%. (CNBC) Last week the FDA posted a similar analysis of Moderna's shots for children under 6 years old, ahead of Wednesday's FDA meeting of outside experts. The Fed is in a tough spot, trying to cool things off with tighter monetary policy while trying not to tip the economy into a recession.

The S&P 500 was on track to open in bear market territory, while global stocks tumbled and bond yields jumped as fears over inflation rattled investors ...

- Saks Fifth Avenue:$20 off sitewide + free shipping - Saks Fifth Avenue coupon You may cancel your subscription at anytime by calling Customer Service. Contracts for the technology-focused Nasdaq-100, which entered bear market territory in March, were down 2.9%. Futures for the Dow Jones Industrial Average fell 1.9%, or more than 500 points.

The bear is back. The S&P 500 on Monday was threatening a fall that would confirm what many investors have been saying for months: The large-cap benchmark ...

Generally speaking, the S&P 500 has fallen further once a bear market begins. A bear market is declared over once the S&P 500 has risen 20% from a low. Beyond the averages, there’s a lot of variability in the length and depth of past bear markets. The steepest fall, a peak-to-trough decline of nearly 57%, occurred in the 17 months that marked the 17-month bear market that accompanied the 2007-2009 financial crisis. Stocks subsequently bounced, but the rebound has since given way as recession fears have increased. Investors fear the Federal Reserve will have to raise rates even more aggressively than already expected, risking recession in their effort to tame inflation.

US stocks are falling ahead of the US Federal Reserve monetary policy statement scheduled on June 15.

If the Fed indeed hikes rates by more than 50 bps then they will take a pause in the September meeting.” Most investors expect a 0.5 per cent Fed rate hike this week and again in July and September. With a 50 basis point hike seen as a given at the central bank’s policy decision Wednesday, market participants are awaiting its updated projections for the US economy, inflation and interest rates. US stock market futures are down for all the three leading indices.

Dow Jones Industrial Average futures rose by 67 points, or 0.2%. S&P 500 and Nasdaq 100 futures climbed 0.3% and about 0.5%, respectively. Those moves came ...

Investors are bracing themselves for the possibility of a larger-than-expected interest rate hike this week after CNBC's Steve Liesman confirmed on Monday that the Federal Reserve will "likely" consider a 75-basis-point increase, which is greater than the 50-basis-point hike many traders had come to expect. to show that he really is concerned about inflation," he continued. Wall Street is also expecting the latest reading on the May producer price index on Tuesday before the bell at 8:30 a.m. The Nasdaq Composite dropped nearly 4.7%, or more than 33% off its November record. Those moves came after intense selling of stocks during the regular session on Wall Street. The S&P 500 slumped 3.9% to its lowest level since March 2021, and falling more than 21% from its January record. Meanwhile, the Dow tumbled more than 876 points, or 2.8%, which is roughly 17% off its record high.

Futures tied to the S&P 500 gained 0.5% after the broad-market index tumbled 3.9% on Monday. Nasdaq-100 futures climbed 0.7%, suggesting a rise in technology stocks after the opening bell. Dow Jones Industrial Average futures added 0.3%.

- Saks Fifth Avenue:$20 off sitewide + free shipping - Saks Fifth Avenue coupon You may cancel your subscription at anytime by calling Customer Service. Dow Jones Industrial Average futures added 0.3%.

Stocks fell sharply on Monday after a stronger-than-expected inflation report spooked investors. The S&P 500 entered a bear market once again after briefly ...

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“Global stocks are trading sharply lower and bond yields rose to new multi-year highs overnight amid fears that the Fed is getting more aggressive into an ...

Bond yields are jumping to new heights as fears about Federal Reserve rate hikes persist. The stock market is continuing to tumble Monday—now falling into bear market territory. The S&P 500 Enters Bear Market Territory—and What Else Is Happening in the Stock Market Today

The stock market tanked Monday morning, with the S&P 500 falling back into bear market territory as investors nervously look ahead to the Federal Reserve's ...

The majority of last week’s losses came on Friday after hotter-than-expected inflation data spooked markets and raised recession fears, with the Dow plunging nearly 900 points in one day. The benchmark S&P 500 is on track to hit a new low point for 2022, falling back into bear market territory on Monday and down more than 20% from its record high at the start of the year. The stock market tanked Monday morning, with the S&P 500 falling back into bear market territory as investors nervously look ahead to the Federal Reserve’s upcoming policy meeting, with last week’s record-high inflation reading leading to a spike in recession fears.

Banks forecast 75 bps Fed hike on June 15; Wall Street 'fear gauge' spikes to near one-month high.

More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance. Your support through more subscriptions can help us practise the journalism to which we are committed. "There was some speculation the Fed may speed up their rate rise, perhaps even to a quarter percent at this next meeting, which I would suggest is not enough to be able to really significantly slow down inflation, but all that means is that there's troubled times ahead for the economy." Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. The Fed's interest rate decision is due on June 14-15, with focus on the speed and scale of rate hikes that policymakers believe will be needed to quash red-hot inflation. Declining issues outnumbered advancers by a 20.4-to-1 ratio on the NYSE and by about a 11.3-to-1 ratio on the Nasdaq. At 09:56 a.m. the Dow Jones Industrial Average fell 611.99 points, or 1.95% , to 30,780.80, the S&P 500 lost 96.57 points, or 2.54%, to 3,801.89 and the Nasdaq Composite lost 342.18 points, or 3.02%, to 10,997.85. Wall Street's main stock indexes fell sharply on Monday, with the S&P 500 on track to confirm a bear market on fears that the Federal Reserve's aggressive rate hikes would tip the economy into recession. The benchmark index is more than 20% below its record closing high of Jan. 3, as worries over inflation, rate hikes and the Ukraine war push it into bear market territory for the second time since the pandemic-led rout on Wall Street in 2020.

Banks forecast 75 bps Fed hike on June 15 · Wall St 'fear gauge' surges to one-month high · Indexes down: Dow 2.10%, S&P 2.99%, Nasdaq 3.78% · S&P 500 hits lowest ...

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The benchmark index is more than 20% below its record closing high of Jan. 3, as worries over inflation, rate hikes.

Declining issues outnumbered advancers by a 20.4-to-1 ratio on the NYSE and by about a 11.3-to-1 ratio on the Nasdaq. The Fed's interest rate decision is due on June 14-15, with focus on the speed and scale of rate hikes that policymakers believe will be needed to quash red-hot inflation. A hotter-than-expected inflation print on Friday prompted traders to price in a total of 175 basis point (bps) in interest rate hikes by September, with many expecting a bigger-than-estimated 75 bps rate increase on June 15. The benchmark index is more than 20% below its record closing high of Jan. 3, as worries over inflation, rate hikes and the Ukraine war push it into bear market territory for the second time since the pandemic-led rout on Wall Street in 2020. Wall Street's main stock indexes fell sharply on Monday, with the S&P 500 on track to confirm a bear market on fears that the Federal Reserve's aggressive rate hikes would tip the economy into recession. A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 7, 2022.

Bear market – a plummet of 20% or more – comes as investors fret about high inflation and possibility of further rate increases.

The last bear market wasn’t that long ago, in 2020, but it was an unusually short one that lasted only about a month. If the two-year yield tops the 10-year yield, some investors see it as a sign of a looming recession. Bitcoin tumbled more than 18% and dropped below $22,700, according to Coindesk. It’s back to where it was in late 2020 and down from a peak of $68,990 late last year. No one thinks the Fed will stop there, with markets bracing for a continued series of bigger-than-usual hikes. The center of Wall Street’s focus was again on the Federal Reserve, which is scrambling to get inflation under control. Traders now see a 34% probability of such a hike, up from just 3% a week ago, according to CME Group.

Stocks dropped around the world, investors dumped government bonds and cryptocurrencies crashed as the U.S. stock market fell more than 20 percent from its ...

In the early 2000s, stocks began to slide and the economy slowed as the dot-com bubble burst. One of three bear markets in the 1960s preceded a recession. The last bear market, which happened in early 2020 as the coronavirus spread and led to widespread global shutdowns, was the shortest on record. Of course, the stock market can sometimes provide a hint of what will happen in the real world. A staggering number that puts the scale of a bear market in perspective: $7.4 trillion. Despite the market downturn, valuations — the measure of stock prices relative to corporate earnings — “remain far from depressed,” analysts at Goldman Sachs wrote in a recent report. New lockdowns in China due to Covid have weighed on the oil market since China is the biggest importer of crude and petroleum products. Predicting when a bear market will end and the next bull market will start is a fruitless task, with one big exception: Intervention by the Federal Reserve would be a crucial sign of a change in fortune for the stock market. The coin’s $1 peg was underpinned by complex financial engineering that linked it to a sister cryptocurrency called Luna. When the price of Luna plummeted in May, TerraUSD fell in tandem — a “death spiral” that destabilized the broader market. That is sure to increase the sense of unease at the Fed, which is trying to quash high inflation before it changes behavior and becomes a more permanent feature of the economic backdrop. For now, though, battling inflation is the central bank’s main priority, and it has signaled that large rate increases are on the horizon, one of which will probably be announced this week. The Fed hasn’t made such a large move since the early 1990s, and that 2.75 percent upper limit would be the highest the federal funds rate has been since the global financial crisis in 2008.

Since the modern S&P 500 index began in the late 1920s, the average bear market has translated into a 38% price decline lasting an average of almost 19 ...

1/3/2022 3/9/2009 3/23/2020 10/9/2007 10/9/2002 10/11/1990 10/3/1974 12/12/1961 10/7/1966 2/9/1966 3/6/1937 9/7/1929

The S&P 500 Index sank into a bear market on Monday with investors fearing that the Federal Reserve will need to hike interest rates more aggressively to ...

It was Wall Street's fourth straight day of losses and comes ahead of Wednesday's Fed decision. Read more at straitstimes.com.

This year’s downturn is a pivotal shift for the market after its swift and strong post-pandemic rally. And because of that, it’s likely that it’s going to be extremely choppy here,” said King Lip, chief investment strategist at Baker Avenue Asset Management. A close of more than 20 per cent below the record high confirms that the index is in a bear market, according to a commonly used definition. The longest S&P 500 bear market lasted just over five years, starting on March 6, 1937 and ending on April 29, 1942, while the shortest lasted just over a month, beginning on Feb 19, 2020 and ending on March 23, 2020, according to S&P Dow Jones Indices. It is the first time the S&P 500 has confirmed a bear market since the 2020 Wall Street plunge brought on by the Covid-19 pandemic. NEW YORK (REUTERS) - US stocks tumbled on Monday (June 13), with the S&P 500 confirming it is in a bear market, heightening fears that the expected aggressive interest rate hikes by the Federal Reserve could push the economy into a recession.

NEW YORK — United States (US) equities tumbled on Monday (June 13), with the S&P 500 confirming it is in a bear market, as fears grow that the expected ...

Advertisement Advertisement All the major S&P sectors were sharply lower, with only about 10 components of the S&P 500 in positive territory on the day. Advertisement

The bear is growling on Wall Street. Monday's stock market drop officially put the S&P 500 stock index in a bear market, meaning it has declined 20% or more ...

The average S&P 500 decline over the course of those bear markets was more than 35%, according to Ned Davis Research. Michael O’Keeffe, chief investment officer at Stifel, predicts the new bear market will be relatively short-lived. “If we are at or near inflation peak inflation then buying at these levels is going to be positive in the long-term.” "But looking out strategically, based on better valuations and still mostly favorable fundamentals, we think the long-term outlook has brightened quite a bit." Despite Monday’s widespread selloff, McDonald’s and Domino's Pizza were among the few stocks that closed higher. Some Wall Street economists, including from JP Morgan, Barclays, and Jefferies, have revised their predictions to align with that.

US equities tumbled on Monday, with the S&P 500 confirming it is in a bear market, as fears grow that the expected aggressive Fed rate hikes would push the ...

More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance. All the major S&P sectors were sharply lower, with only about 10 components of the S&P 500 in positive territory on the day. Your support through more subscriptions can help us practise the journalism to which we are committed. "That story fell apart on Friday with the CPI report, showing broad inflation being entrenched everywhere you look." Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. U.S. equities tumbled on Monday, with the S&P 500 confirming it is in a bear market, as fears grow that the expected aggressive interest rate hikes by the Federal Reserve would push the economy into a recession. US equities tumbled on Monday, with the S&P 500 confirming it is in a bear market, as fears grow that the expected aggressive Fed rate hikes would push the economy into a recession Goldman Sachs late on Monday said it expects 75-basis-point increases in June and July. Expectations for a 75 basis point hike at the June meeting jumped to 96% late on Monday from 30% earlier in the day, according to CME's Fedwatch Tool. Markets have been under pressure this year as climbing prices, including a jump in oil prices due in part to the war in Ukraine, have put the Fed on track to take strong actions to tighten its monetary policy, such as interest rate hike.

Wall Street is back in the claws of a bear market as worries about inflation and higher interest rates overwhelm investors. The Federal Reserve has signaled ...

When the S&P 500 has fallen 20% at a faster clip, the index has averaged a loss of 28%. The biggest decline since 1945 occurred in the 2007-09 bear market when the S&P 500 fell 57%. That includes two separate days in the middle of the 2007-09 bear market during which the S&P 500 surged roughly 11%, as well as leaps of better than 9% during and shortly after the roughly monthlong 2020 bear market. Many of the best days for Wall Street have occurred either during a bear market or just after the end of one. But the pain is spreading widely, with retailers signaling a shift in consumer behavior. The risk is that the Fed could cause a recession if it raises rates too high or too quickly. Higher rates also make investors less willing to pay elevated prices for stocks, which are riskier than bonds, when bonds are suddenly paying more in interest thanks to the Fed. Market enemy No. 1 is interest rates, which are rising quickly as a result of the high inflation battering the economy. Consumer prices are at the highest level in four decades, and rose 8.6% in May compared with a year earlier. The Nasdaq composite already is in a bear market, down 32.7% from its peak of 16,057.44 on Nov. 19. The most recent bear market for the S&P 500 ran from February 19, 2020, through March 23, 2020. The Federal Reserve has signaled it will aggressively raise interest rates to try to control inflation, which is the highest in decades.

Among stocks in the S&P 500 consumer discretionary index , down 67% from its high. The cruise ship company's stock slumped more than 10% on Monday. Within the ...

The S&P 500 is now priced at about 17 times expected earnings, which is in line with its average forward PE over the past 10 years, according to Refinitiv data. Register now for FREE unlimited access to Reuters.com Register now for FREE unlimited access to Reuters.com Over two thirds of S&P 500 stocks were down more than 20% from their own 52-week highs as of Monday's close. The S&P 500 has now tumbled about 22% since its Jan. 3 record high close, confirming it has been in a bear market since hitting that high. Register now for FREE unlimited access to Reuters.com

Some big names, such as Halliburton and Exxon Mobil, are slumping on Monday.

Exxon Mobil (XOM), which hit a new all-time high last week, was down 4.5%. Energy stocks were the worst performers in the S&P 500 on Monday, falling 4.5% around midday after dropping as much as 7% during the worst of the morning selloff. Energy Stocks Fall as Much as 7%. They Are Leading the S&P 500 Lower.