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Dow crashes 1,000 points and the Nasdaq loses 3% as recession fears fuel market panic

A surprise interest rate hike from the Bank of Japan last week sparked a series of margin calls tha…

Matthew Fox   


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The Dow Jones has seen a dreaded 'death cross.' Here's what it means.

After the last "death cross" struck the Dow Jones Industrial Average in March 2022, the index fell …

Anil Varma   


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Stock market today: Dow drops 411 points as yields jump ahead of fresh economic data

Markets digested another weak Treasury sale, with a $44 billion auction of seven-year notes met wit…

Max Adams,Filip De Mott   


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Stock market today: Dow crosses 40,000 for the first time as stocks extend record-setting run

The Dow crossed a big milestone on Thursday, with the S&P 500 extending gains after its record clos…

Max Adams   


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Nifty, Sensex close a percent in the red after last hour of comeback

Indian stock markets plunged in early morning trade following cues from Wall Street as rating agenc…

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The inflation report is great news for the prospect of a rate cut

Cooler June inflation is a win for the Fed, which has been looking for concrete signs that price pr…

Max Adams   


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Stock market today: Dow closes above 40,000 for the first time as latest inflation data fuels big weekly gains

The Dow clinched a record it had been flirting with for days, topping 40,000 for the first time as …

Matthew Fox   


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Stock market today: Dow plunges 470 points as US stocks tumble on hot inflation report

The odds of a June Fed rate cut have been completely wiped off of the table, according to the CME F…

Jennifer Sor   


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Stock market news: US stocks slide and bond yields rise as traders eye new economic data

Traders are looking ahead to new inflation data at the end of the week. Nvidia shares wavered after…

Jennifer Sor   


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US stocks drop with Nasdaq down 2% as Snap earnings disaster sends shockwave through tech sector

The decline in tech stocks on Friday came even as the 10-year Treasury yield fell to a two-month lo…

Matthew Fox   


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US stocks trade mixed as investors assess online advertising weakness following grim Snap earnings

Of the 17% of S&P 500 companies that have reported earnings, 80% have beat profit estimates by a me…

Matthew Fox   


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Nasdaq surges 3% to reclaim key level for the first time since April as investors assess earnings

Of the 43 S&P 500 companies that have already reported results, about 60% beat profit and sales exp…

Matthew Fox   


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US stocks gain to kick of the 3rd quarter as bond yields fall on recession fears

Bad news like an economic growth slowdown could be good news for the stock market in the short-term…

Matthew Fox   


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US stocks fall to start the 3rd quarter as Fed forecast suggests a recession is already here

The Federal Reserve Bank of Atlanta lowered its GDPNow forecast for second-quarter GDP growth to ne…

Matthew Fox   


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Mega-cap tech stocks drag Nasdaq down 3% as bear market rally fizzles out

The decline came on a day when interest rates were rather stable and investors continued to guess i…

Matthew Fox   


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US stocks edge higher as China softens its COVID-19 travel restrictions

"The COVID crisis appears to be rapidly retreating in China, with no major cities in widespread loc…

Matthew Fox   


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US stocks rise and yields tumble after Fed's Jerome Powell vows 'unconditional' steps to tame inflation

Powell's relatively hawkish testimony helped lower both bond yields and commodity prices as concern…

Matthew Fox   


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US stocks edge higher as investors await day 2 of Powell testimony on state of economy

"Worries about recession and its potential negative impact on demand [are ripping] through cyclical…

Matthew Fox   


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US stocks sink as investors prepare for earnings season to kick off

Corporate giants like Pepsi and Delta are set to report earnings this week, as well as big banks in…

Max Adams   


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US stocks rise to head for 4th straight win as investors digest latest jobs data

Stocks were pushing past weekly jobless claims that hit a six-month high. Investors will check out …

Carla Mozée