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US stocks closed at session highs on Monday after posting their best week in a year as the markets continued to rally in a sharp turnaround from their early August sell-off. The S&P 500 rose nearly 1%. The Dow Jones Industrial Average also gained 0.6%, while the tech-heavy Nasdaq Composite increased roughly more than 1.4%. Technology and Consumer Discretionary stocks led the gains, as the S&P 500 stretched its daily wins to eight, its longest streak since November of last year, according to Bespoke Investment data. The Nasdaq also logged its an eighth consecutive session win as shares of chip...

The S&P 500 index closed Friday at a record high, fueled by surging tech stocks and bets that the Federal Reserve will cut interest rates this year. The benchmark index closed at 4,839.81, besting its previous high of 4,796.56, reached on January 3, 2022. Earlier in the trading session, the S&P 500 reached an intraday high of 4,832.17, topping its previous intraday high of 4,818.62, reached more than two years ago, on January 4, 2022. Tech stocks led the trading session’s gains, with the S&P 500’s information technology sector gaining 2.4% on Friday. Shares of AI darlings soared. Nvidia shares...

The S&P 500 is having an incredible year. The benchmark U.S. stock market index is up 19.7% on the year as bulls test the resistance around 4600. For Stifel’s analysts, known for accurately predicting the rally in the first half of 2023, this rally has largely played out. The analysts upgraded their mid-2024 price target for the S&P 500 to 4650 from 4400 previously.

Aug 22 (Reuters) - S&P Global cut its credit ratings and outlook on multiple U.S. regional banks on Monday, saying higher funding costs and troubles in the commercial real estate (CRE) sector would likely test their credit strength. A sharp rise in interest rates by the U.S. Federal Reserve is fueling liquidity concerns as costs tied to funding deposits surge, the S&P said in a summarized note. The agency cut its ratings on Associated Banc-Corp (ASB.N) and Valley National Bancorp (VLY.O) on funding risks and higher reliance on brokered deposits, while UMB Financial Corp (UMBF.O), Comerica Bank (CMA.N) and KeyCorp...

JUST IN: First Republic Bank, the San Francisco-based lender that was cut to junk by S&P and Fitch, is exploring strategic options including a sale https://t.co/fRG03oAtZG pic.twitter.com/p5vSNmnTnd— Bloomberg (@business) March 15, 2023

The S&P 500 fell as much as 1.9% on Friday, bringing its rout in the week past 4.5%. The index already closed below the closely watched level of 3,800 this week, leaving the June bear-market low of 3,666 as the next line of support on technical charts. The UK government unveiled a sweeping tax-cut plan that crashed the pound and the nation’s bonds as investors fretted over the stimulative effects with inflation running rampant. That soured an already tart mood for risk assets around the world. The S&P 500 plunged 1.7% as of 10:09 a.m. in New York, and traders...

US equity futures have opened down hard in quiet Sunday night trading with Nasdaq the hardest hit, down 1.5%. This move leaves the S&P down over 6% in the last 3 days… …and once again nearing the ‘bear market’ Maginot Line…

Run runaway! For safety to Treasuries. A “recession shock” begins for markets following the worst first-half for the S&P 500 in more than 50 years. And investors are running to Treasuries for safety as US Treasury 10-year yields tank 14 basis points. Biden’s approval rating has collapse with inflation and rising gasoline prices. Note that Biden’s approval rating dropped below 50 in mid-August 2021, long before the Russian invasion of Ukraine in late February 2022. Gasoline prices had risen 49% since Biden’s inauguration as President, but before the Russian invasion of Ukraine.

The Dow Jones Industrial Average dropped 980 points, or about 3.14% and the Nasdaq Composite tumbled about 4.8%. Major averages hit their lows of the session in the final 30 minutes after a Wall Street Journal report suggested the Fed would consider raising rates by 0.75% on Wednesday, more than the half point increase currently expected.

We have a double whammy facing investors, The Federal Reserve wanting to take away the monetary punch bowl and Federal energy policies that are crushing middle-class households and lower-wages workers. But how do you hedge against The Federal Reserve tightening and Biden’s reckless energy policies? Take a look at investing in commodities (S&P GSCI Commodity-Indexed Trust and the Bloomberg Commodity Index) versus the S&P 500 Total Return index since The Fed began signaling that they would take away the monetary punch bowl. Yes, commodities like food and gasoline/diesel prices are up dramatically under Biden’s energy policies (not to mention the...

Stocks fell Monday as the market struggled to rebound from a relentless sell-off that’s punished tech stocks and pushed the S&P 500 to the brink of a bear market. The Dow Jones Industrial Average dropped 141 points, or 0.4%. The S&P 500 fell 0.6% after the benchmark nearly fell into a bear market last week before a Friday rebound. The Nasdaq Composite was down 1%.

Dow set to fall at open as markets come off another volatile week Stocks fell sharply Monday, pushing the S&P 500 to a fresh 52-week low, as the market sell-off continued and traders struggled to find their footing from last week’s big market swings. The Dow Jones Industrial Average dropped 460 points, or 1.4%. The S&P 500 fell 2.4%, while the Nasdaq Composite lost 3.2%. The S&P 500 traded as low as 4,003.17 on the day, as all sectors except for consumer staples dipped into the red. Amid the losses, the benchmark 10-year Treasury note yield hit its highest level...

US stocks have further to fall even after a steep decline this week, Bank of America said Friday. The Nasdaq this week fell 5% in one session as investors grapple with tighter Fed monetary policy. Based on previous bear markets, the bank foresees the decline in stocks ending in October 2022. The S&P 500's massive selloff during the week deepened this year's correction for the broad index, and it's likely to sink even lowers before finding a bottom and rebounding, according to Bank of America. The S&P 500 so far this year is in a correction, down 14% from its...

In a recent, rare sighting, famed investor Jeremy Grantham called for a 50% market crash. Watch to find out how Harry's predictions of the "everything bubble" crash of a lifetime compare. Will this be the biggest crash in history? Beware the (market) dives of March! Harry discusses the succession of tops in the markets and timing of the coming megacrash. The S&P 500 may be down as much as 58% by the end of March.

The Dow Jones industrial average took an icy plunge of more than 1,000 points on Monday — its worst start “ever” — but ABC, NBC, and CBS chose to whitewash the shocking news and gave the story just minutes of coverage. Bloomberg News reported on Monday that “[t]he stock market has never been down this much 16 trading days into a year.” The shocking drop of 11 percent was “the most on record at this juncture, according to Bloomberg data that goes back over nine decades.” This is scary news for Americans already gravely concerned about job numbers and inflation,...

U.S. stocks extended declines from their worst week since the 2020 pandemic Monday ahead of a key series of big tech earnings reports and a crucial statement from the Federal Reserve. Stocks extend declines amid rising geo-political tensions in Europe, the prospect of Fed rate hikes and slowing corporate earnings. Reports say Biden is mulling troop deployment near the Ukraine border while ordering the families of diplomats in Kyiv to leave “due to the continued threat of Russian military action” in the region. S&P 500 slides into correction territory after falling more than 10% from its record closing high of...

NEW YORK — How to cope with the higher inflation sweeping the economy? For Corporate America, the answer so far is simple: Raise prices. Companies are charging more for everything from diapers to auto parts, more than covering their own higher costs. They’ve been so successful that analysts say big U.S. companies’ profit margins have never been higher. As a result, quarterly profit reports from S&P 500 companies the last few weeks have blown past Wall Street’s expectations. That’s helping to support record high stock prices despite worries that valuations have shot too high and that the delta variant of...

Stock investors might need to look out below. An esoteric financial markets indicator just registered a warning signal that historically augured in double-digit falls in the S&P 500, the index tracked by the SPDR S&P 500 (SPY) exchange-traded fund. The metric in question is the Marshallian K., which measures the liquidity in the economy. Recently, the liquidity started contracting... “[T]he Marshallian K. now shows liquidity not only deteriorating but actually contracting,” states a recent report from financial company Leuthold Group. That conclusion might surprise many people who look at the Federal Reserve’s money-printing program, which started during the financial crisis...