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A 'summer of pain' is shaping up for US stocks, with a 45% slide from the S&P 500's top on the cards, Guggenheim’s Scott Minerd predicts
US stock markets face battering in the coming months, Guggenheim's Scott Minerd said, with the Nasd…
Zahra Tayeb
Cathie Wood's flagship Ark fund plummets 7% as tech sell-off deepens
Benefitting from Wood's ETF slump, however, is the Tuttle Capital Short Innovation ETF, which launc…
Isabelle Lee
US stocks extend losses as new tapering comments from Fed Chair Powell stoke rate-hike concern
Powell also remarked on Tuesday that inflation no longer warrants the "transitory" label.
Isabelle Lee
Dow drops 394 points as unexpected rise in jobless claims complicates economic outlook
The Dow fell sharply as the yield on the key 10-year US Treasury note slipped for the fourth consec…
Isabelle Lee
S&P 500, Nasdaq close at record highs as mega-cap tech spurs gains
US stocks jumped to new records to start the week. Facebook was handed a big win by a federal judge…
Isabelle Lee
US stocks trade mixed with Nasdaq at a record high as investors weigh recovery signals
"US stocks are stabilizing as investors are clearly in wait-and-see mode over the current wave of i…
Isabelle Lee
US stocks climb as economic optimism overshadows rise in inflation
The Personal Consumption Expenditures price index gained 0.6% in April as American consumer spendin…
Isabelle Lee
Americans unleashing pent-up savings could drive up inflation and rattle parts of the market, JPMorgan's chief strategist says
Karen Ward of JPMorgan Asset Management said inflation could average 3% over the next 10 years, in …
Harry Robertson
US stocks trade mixed as investors digest March inflation surge and J&J vaccine pause
Consumer prices rose 0.6% in March, the Labor Department reported Tuesday, fueled by an economy reb…
Isabelle Lee
Robinhood CEO says investing 'should be as ubiquitous as shopping online' and should not be viewed as gambling
"I reject the idea that investing in the US capital markets is gambling," Robinhood CEO Vlad Tenev …
Isabelle Lee
US stocks slip from records as investors prep for Fed meeting and mega-cap tech earnings
"Any hot readings of incoming economic data and inflationary signals are tempered by the macro risk…