Take a deep breath and relax. The riotous market swings that have whipped up frothy peaks of anxiety over the last week — bringing the major indexes down more than 10 percent from their peak — have virtually no impact on the income or wealth of most families. The reason: They own little or no […]
Category: Stock Watch
If you’re not investing, you should be. There’s a sale in the stock market right now.
Attention, discount shoppers, the recent stock market dive is like a holiday weekend sale. This is your chance to get stocks for less. There has been a lot of advice for investors. Don’t panic, the experts say. “Stay the course. This is normal, despite the very placid market environment we saw in 2017. Markets go […]
Stocks Plunge as Market Enters ‘Correction’ Territory
After watching stocks march higher for nearly nine years, investors are suddenly confronting a new reality: The long, smooth ride is over. And it doesn’t feel good. Major stock indexes suffered a steep drop in late trading on Thursday, the second straight day that stocks dived shortly before the markets closed. The 3.75 percent decline […]
White House Says Despite Stock Market Volatility, Economy Is Doing Well
The stock market swung dramatically up and down on Wednesday, ending about where it started the day — after record losses earlier in the week. President Trump’s top economic adviser says it’s important to keep the volatility in context. “The fact is that the fundamentals for the economy are very sound,” Kevin Hassett says in […]
Dow closes with tiny loss in another volatile day for stock market
The Dow ended with a small decline Wednesday, failing to build on a big rebound from the day before as turbulence continued to upend financial markets. The Dow Jones industrial average finished down 19 points, or 0.1%, at 24,893.35. Wednesday’s trading session was again marked by wild price swings, a sign that investor nervousness persists. […]
S&P 500 closes lower in biggest reversal since February 2016 as rates pop
Stocks closed lower on Wednesday after trading in a wide range again as interest rates climbed back toward multi-year highs. The S&P 500 pulled back 0.5 percent to 2,681.66 after rising as much as 1.2 percent, logging its biggest one-day reversal since February 2016. The Dow Jones industrial average closed 19.42 points lower at 24,893.35, […]
More Americans hold stocks, for better or for worse
A plunge in stock prices always stings, but this recent one dug deeper because more Americans are participating in the market, particularly older ones. Slightly more than half of all U.S. families own stocks in some way, from workers who got automatically enrolled into their 401(k) retirement accounts to day-traders working their personal accounts. The […]
Why Did Stocks Go Insane This Week? Because Traders Were Afraid They Would.
On Monday, stocks got clobbered. Tuesday, they’ve been twitchy—fluctuating up and down like the needle on a seismograph. Why are traders in such a jittery mood? After a long period of unusual calm, investors are suddenly grappling with the possibility that the market will be a much more volatile place going forward. That realization, in […]
Dow jumps 567 points the day after its biggest point drop on record
US stocks fought back on Tuesday, with the Dow Jones industrial average roaring into the market close a day after its biggest point drop in history. After opening down 568 points, the Dow surged more than 1,000 points intraday. The index of 30 large stocks including Apple and Goldman Sachs finished up 567 points, or […]
Instant View: U.S. stocks recover from slump, hit session highs
U.S. stocks posted sharp gains in another wild trading session on Tuesday, as indexes rebounded from the biggest one-day drops for the benchmark S&P 500 index and the Dow Jones Industrial Average in more than six years that stalled the market’s record run. The Dow Jones Industrial Average had a more than 1,100-point difference between […]
UK stocks tumble as concerns grow over febrile global markets
Shares in London plunged for a sixth day and by the largest amount since the Brexit vote as concerns grew that febrile global stock markets, which have lost $4tn (£2.9tn) in value since Friday, were in the grip of panic-selling. The FTSE 100 slumped 2.6% to 7,141 to wipe out all the gains from this […]
Why the stock market plunged today
The first thing to know about the stock market’s eye-watering slide Monday is that it wasn’t caused by anything fundamental. There was no particular piece of news that drove the major averages to capsize, in a move that sent the Dow industrials off more than 1,500 points — a new intraday record — briefly in […]