"But don't expect a bear market unless there's an actual downturn in the economy," Tilley added. --CNNMoney's Chris Isidore and Paul R. La Monica contributed to this report. CNNMoney (New York) First published February 2, 2018: 8:11 AM ET CNNMoney Sponsors SmartAsset Paid Partner...
01:30- Source: CNN Business What we covered today Markets check:TheDowclosed up336 pointson reports of progress in the US-China trade dispute. All three indexes finishedhigher for the fourth straight week. Companies in the news: Tesla(TSLA) ...
From CNN Business' Matt Egan Wall Street is really eager to get the trade war over with. TheDowclosed 163 points higher on Thursday, but ended lower than the day’s highs. TheS&P 500and theNasdaqgained about 0.7%. Investors cheered aWall Street Journal reportindicating Trump officials were ...
From CNN Business' Anneken Tappe US stocks closed in the red on Tuesday, as the oil market collapse weighed on markets and investor sentiment for a second straight day. The three main US benchmarks posted their worst days since April 1. Concerns about oil storage availability amid weaker...
From CNN Business' David Goldman The FTSE MIB, Italy’s benchmark stock index, is soaring 17% today after the Italian stock market banned short selling. Thursday, the FTSE MIB crashed 16.9%. It hasn’t quite made back all of those losses Friday, but it’s close. The index remains...
From CNN Business' Tal Yellin It’s hard to know exactly how long the new bear market will last. The average bear market has lasted 21 months, with the shortest in 1990 and the longest beginning in 1937. Here’s how long previous bear markets have lasted: ...
From CNN Business' Anneken Tappe The testimony from Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin came and went today without having a big effect on the stock market. The major US indexes remain mixed in mid-afternoon. The Nasdaq Composite is leading the field...
From CNN Business' David Goldman The FTSE MIB, Italy’s benchmark stock index, is soaring 17% today after the Italian stock market banned short selling. Thursday, the FTSE MIB crashed 16.9%. It hasn’t quite made back all of those losses Friday, but it’s close. The index remains...
From CNN Business' Paul R. La Monica Stock market information on display at the New York Stock Exchange on Monday, Feb. 28. (Michael Nagle/Bloomberg/Getty Images) February is the shortest month of the year. Mercifully. Because investors can’t wait for it to be over. ...
CNN Business' Nicole Goodkind Bank of America revised down its year-end target for the S&P 500 to 3600 from 4500, a 25% decline. The market could reach lows of 3,000 to 3,200 before the year end, Savita Subramanian, a strategist at BofA, wrote in a note Thursday. Subramanian added...