Dow up 300 points as ‘Goldilocks’ report shows US added 315,000 jobs in August

U.S. stocks rallied on Friday after data showed the U.S. economy added more than 300,000 jobs last month, perfectly in line with investor expectations. How Stocks Trade The Dow Jones Industrial Average DJIA, +0.52% advanced 332 points, or 1.1%, to 31,999. The S&P 500 SPX, +0.52% rose 45 points, or 1.2%, to 4,015. The Nasdaq … Read more

The Fed’s Powell triggered a 1,000 point rout in the Dow Jones. Here’s what investors should do next.

Now might be a good time to consider hiding in short-term Treasuries or corporate bonds and other defensive parts of the stock market. On Friday, Federal Reserve Chairman Jerome Powell spoke of a willingness to inflict “a bit of pain” on households and businesses in an unusually blunt speech from Jackson Hole that hinted at … Read more

‘There is no pivot from the Fed’: Wall Street finally gets the message as stocks slump after Powell speech

Federal Reserve Chairman Jerome Powell’s brief but candid speech in Jackson Hole on Friday sparked a sharp sell-off in stocks and other financial assets as Wall Street reacted to his vow to bring inflation down central bank’s 2% target. The S&P 500 SPX, -3.37% finished 141.46 points lower, or 3.4%, at 4,057.74. The Dow Jones … Read more

Disappointing US data prompts traders to consider possible Fed half-point rate hike in September

In the blink of an eye on Tuesday, the U.S. bond market’s focus shifted to fears of a sharp and unexpected economic slowdown and away from persistently high inflation for most of the day. negotiation. This shift in sentiment came after data showed the U.S. new home sales plunged in July to its lowest level … Read more

Watch out for a ‘bear trap’ stock pullback after big summer rally, strategists warn

It looks like a “bear trap” may be lurking in this summer’s big rebound for the stock market, which could lead to painful losses for investors, Glenmede strategists warned in a Monday report. Investors are already appearing reconsider some factors of the strong rebound this summer, including rethinking hopes that the Federal Reserve might not … Read more

The Dow plunges 400 points, the S&P 500 loses 1.6%, as investors question the Fed’s pivot thesis

US stocks slid on Monday on fears that the recent rally was based on an overly optimistic view about the Federal Reserve’s potential to back away from using sharply higher interest rates to fight inflation. How are stocks traded? The S&P 500 SPX, -1.69% fell 67 points, or 1.6%, to 4,161 The Dow Jones Industrial … Read more

Here are 5 reasons why the bull run in stocks could be about to turn into a bear market

Some market gurus are beginning to worry that Wall Street’s summer rally is starting to run out of steam, after stocks quickly went from oversold to overbought. Gene Goldman, chief investment officer of Cetera Financial Group, explained that stocks are likely heading for a pullback, even though the economy is in better shape than many … Read more

Here are 5 reasons why the bull run in stocks could be about to turn into a bear market

Some market gurus are beginning to worry that Wall Street’s summer rally is starting to run out of steam, after stocks quickly went from oversold to overbought. Gene Goldman, chief investment officer of Cetera Financial Group, explained that stocks are likely heading for a pullback, even though the economy is in better shape than many … Read more