said Dan Deming, managing director at KKM Financial. "The sense is maybe the market got ahead of itself, which makes sense given the fact that we've come so far so fast."
Stocks fell Friday as a strong jobs report worried some investors that the Federal Reserve would keep hiking rates. Still, the S&P 500 notched its fourth weekly gain in five weeks as investors b…
While the term "Black Monday" is most commonly applied to the stock market crash of 1987, it can also be applied to any other sudden, one-day drop in prices on the first day of the week. The first Black Monday was onOctober 28, 1929, the beginning of the crash that ultimately result...
Chief Executive Officer Chris Kempczinski said that, while "the most pronounced impact (from the boycotts) is in the Middle East, we are seeing some impact in other Muslim countries like Malaysia (and) Indonesia." He added, as long as the war continues, "we're not expecting to see any...
"Today's CPI report reinforces the Fed's concern that core services inflation will remain sticky because of a tight labor market. In our view, a March cut is now firmly off the table and the chances of a May cut have significantly reduced," said a research note by the Bank of America...
By the close of play, mining, marine transportation and air transportation issues comprised those that declined the most, and issues that fell outpace those that rose by 1,554 to 250 on the Prime Market, while 34 ended the day unchanged. ...
The stories investors have told themselves have changed, and the stocks that have risen the most are changing, but one thing remains the same: the US stock market will continue to break out of the bull market. Since March 2020,$S&P 500 Index (.SPX.US)$It has already risen 130% and re...
3D Systems(DDD) made great strides from the second half of 2009 to January 2013. The S&P 500 dropped nearly 9% from its September 2012 peak of 1474. It's normal for strong growth stocks to correct 1-1/2 to 2-1/2 times the market. And that's what 3D did: S...
Stocks fell Friday as a strong jobs report worried some investors that the Federal Reserve wouldkeephiking rates. Still, the S&P 500 notched its fourth weekly gain in five weeks as investors bet falling inflation is ahead. The S&P 500 declined 1.04% to 4,136.48. The Nasdaq Composite shed 1.5...
The S&P index is up more than 200% since the start of the ongoing bull market and has risen 46% from October 2022, the trough of the most recent cyclical bear market. “The medical rally from a big low of 106% last approximately four years, suggesting that SPX 7000 is not ruled out...