Asian stocks gained on Thursday after Wall Street brushed aside strong U.S. inflation data and surged, a counterintuitive move that also saw the dollar pinned at two-week lows even as Treasury yields jumped in anticipation of a quicker pace of U.S. interest rate hikes. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 0.4 […]
Investors saw some new hints that inflation is increasing on Wednesday, but they still sent banks, technology firms and consumer-focused companies climbing. That was a big change after the market’s inflation-inspired plunge earlier this month. After a shaky start, stocks rose for the fourth straight day, and banks made some of the largest gains as […]
Stocks rose for the fourth day in a row. The Dow climbed 253 points Wednesday, and it’s back in positive territory for the year. Investors shrugged off warning signs about inflation. The Labor Department reported consumer prices rose 2.1% over the past year — more than economists had predicted but not enough to freak out […]
Stocks posted a three-day winning streak on Tuesday as the major averages continued to recover from the correction levels reached last week. The Dow Jones industrial average closed 39.25 points higher at 24,640.45 after falling as much as 180.24 points. Goldman Sachs and 3M were the biggest contributor of gains to the 30-stock index, both […]
The recent surge in volatility has given way to a buying opportunity in one hot area of the market, according to Oppenheimer. In a new note to clients and in comments Monday on CNBC’s “Trading Nation,” the firm’s head of technical analysis, Ari Wald, said when the times get tough for the markets investors ought […]
Volatility has come back with a vengeance, but there are some of the stocks that won’t turn your stomach while the rest of Wall Street is on a roller coaster. CNBC ran a study using analytics tool Kensho to find Dow Jones industrial average stocks that held up the best when the Cboe Volatility index, […]
Asian shares were mixed Wednesday with investors adopting a wait-and-see stance ahead of Lunar New Year holidays and the release of U.S. inflation data. KEEPING SCORE: Japan’s benchmark Nikkei 225 slipped 0.6 percent to 21,109.29, while Australia’s S&P/ASX 200 lost 0.3 percent to 5,841.00. South Korea’s Kospi was up 0.8 percent at 2,413.11. Hong Kong’s […]
Ignored among the frenzied volatility in stocks and bonds over the past few weeks, the two assets quietly posted a 14-year record that suggest further pain for investors. After Friday, the 10-year Treasury yield TMUBMUSD10Y, +0.09% rose while the S&P 500 SPX, +1.39% fell for the third week in a row, according to Deutsche Bank. […]
The wild swings in the stock market in the last two weeks grabbed headlines and were hard to miss for most Americans. But do those market gyrations actually affect anyone’s day-to-day finances? Relatively few Americans actively trade or own stocks. But a 10 percent drop in the markets can affect our attitudes about the economy, […]
The stock correction, while dramatic, hasn’t really done a whole lot to make the market look more affordable. In fact, valuations remain high by historical standards when looking over five- and 10-year periods. Normally, investors will go bargain-hunting when the market saw as sharp a dive as it has during February, but low-priced sectors are […]
Stocks are powering higher Monday, sending the Dow Jones industrial average up more than 500 points, as the market claws back some of its massive losses last week, when it slumped into a “correction” for the first time in two years. Technology companies and banks, some of the biggest winners on the market over the […]
Asian markets were mixed early on Monday while oil prices edged up after recording six straight days of declines. South Korea’s Kospi advanced 0.54 percent, with heavily weighted technology stocks higher in the morning. Samsung Electronics rebounded 1.43 percent and SK Hynix gained 0.82 percent. Financials also traded higher in the early going. Shipbuilders were […]
