COVID Boosters Targeting Omicron Expected This Week, But Experts Fear Low Uptake

The Food and Drug Administration is expected to authorize new COVID-19 booster shots this week that target the latest versions of the omicron variant, but will do so without data from a study showing the shots were safe and worked in humans. Authorizing doses, without data from human tests known as clinical trials, is similar … Read more

Why is the stock market down today? Dow Slides, AMC Dives.

Text size Shares fell on Friday and extended their decline on Monday. Angela Weiss/AFP via Getty Images Stocks fall again as markets anticipate Friday’s Federal Reserve conference in Jackson Hole, Wyoming, where Jerome Powell could take a more aggressive stance on fighting inflation. In the midday trade, the Dow Jones Industrial Average fell by 459 … Read more

Once the Worst Yield on Wall Street, Cash Now Seems to Be the Best Asset to Own, According to Morgan Stanley

Equity sellers are poised to pick up where they left off on Friday as the market appears to wake up from its August slumber with a vengeance. As Goldman Sach’s Chief U.S. Equity Strategist David Kostin told his clients after the S&P 500 SPX took just 17 weeks to hit its year-end target of 4,300, … 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

Dow opens higher as Walmart and Home Depot beat forecasts

Text size US housing starts in July fell more than expected and to the lowest level since the start of 2021. (Spencer Platt/Getty Images) Shares were mixed at the open on Tuesday after earnings from walmart and Home deposit beat Wall Street forecasts, but a decline in housing starts provided further evidence of a slowing … Read more

Boeing reported another big loss. 737 MAX Concerns hit the stock.

Text size Boeing delivered 121 commercial aircraft in the second quarter of 2022, compared to 95 aircraft delivered in the first quarter. Justin Tallis/AFP via Getty Images from Boeing quarterly earnings were messy, again. And on the company’s earnings conference call, more bad news related to the 737 MAX led the stock to pare all … Read more