Wall Street crashes, yen rises, oil price drops below $70, VIX soars, traders prepare for volatile month: What’s driving the markets on Tuesday?
Wall Street crashes, yen rises, oil price drops below $70, VIX soars, traders prepare for volatile month: What’s driving the markets on Tuesday? The first trading session of September began with a widespread sell-off in risky assets as traders adopted…
Stock market today: Live updates
A trader works as a screen broadcasts a press conference by Federal Reserve Chairman Jerome Powell following the Fed’s interest rate announcement on June 12, 2024 on the floor of the New York Stock Exchange in New York City. Brendan…
Stock market today: Live updates
Traders work on the trading floor of the New York Stock Exchange on August 16, 2024. Angela Weiss | AFP | U.S. stock futures were unchanged Monday evening after the S&P 500 and Nasdaq Composite posted their longest winning streaks…
Bernstein recommends buying these popular technology stocks during volatility
Investors should keep an eye on several key technology stocks as they look to invest new money amid heightened market volatility, Bernstein said. According to FactSet, the CBOE Volatility Index briefly rose to 66 during the Aug. 5 selloff after…
BMO: Invest for the long term and sleep at night with quality stocks
Even as the market recovers from last week’s global sell-off, investors should consider these stocks to hedge against the uncertainty ahead, according to BMO Capital Markets. Stock prices have been on a wild ride this month, but positive economic data…
A hedge for chip stocks if the comeback does not last
Following the huge run-up in equity markets, I want to prepare for more volatility, particularly in chips. This volatility forces me to be cautious after outsized moves, yet I welcome opportunities for more than likely further strong moves this month….
Quants are about to trigger a wave of cash on the stock market
(Bloomberg) — The biggest decline in U.S. stocks since the Covid-19 pandemic is over, and now trend-following quant funds are ready to return to the stock market. Most read by Bloomberg Last month, so-called systematic funds – which buy stocks…
Fears about US stocks are easing, but history shows that a quick return to calm is unlikely
After last week’s intense volatility in US stock markets, the panic seems to have subsided. But if history is anything to go by, market jitters could persist for months. Wall Street’s most closely watched gauge of investor fear, the Cboe…
Stocks rally slows ahead of US inflation data: Markets Wrap
(Bloomberg) — Stocks struggled to gain momentum as traders awaited key inflation data that will shape the outlook for the Federal Reserve’s next moves. Most read by Bloomberg Stocks edged lower after recovering from Monday’s market slump that rocked trading…
S&P 500 and Nasdaq rise, almost making up for the week’s losses in a wild reversal
It’s been a brutal week for cable package value, with Warner Bros. Discovery (WBD) and Paramount Global (PARA) both taking significant write-downs to the value of their respective cable businesses. On Wednesday, WBD reported a massive $9.1 billion impairment charge…
