A bout of volatility returned to financial markets with a vengeance last week, disrupting a nearly uninterrupted climb to records for U.S. stock indexes and raising questions about the path for Wall Street headed into a hornet’s nest of challenges for investors. Perhaps, the overarching question is, “What the heck …
Read More »Market Extra: Stock-market selloff: Why it’s too early to call tech rout the start of a correction
Big rallies often come to an ugly end — and that was certainly the case Thursday for tech stocks and other high-flying sectors that have benefited from momentum-driven waves of buying. But that doesn’t mean a full-fledged correction for the most popular stocks — or the broader market — is …
Read More »Need to Know: Here’s what could trigger more stock market pullbacks this year, says Schwab trading pro
A record-setting August for stocks has set the bar high, but September may be off to an upbeat start, led by technology. The big question for investors is whether the equity market will keep up the momentum? That brings us to our call of the day from Schwab Center for …
Read More »Market Snapshot: S&P 500 and Nasdaq march to fresh intraday records as big tech stocks extend gains to start September
U.S. stock indexes clambered toward record-high territory Tuesday morning, as upbeat economic reports helped to feed the buying momentum on Wall Street. The climb for stocks comes even as investors enter what is expected to be a seasonally challenging month for equities, following the best August returns in more than …
Read More »NewsWatch: ‘The housing market is on a sugar high’: Home sales are soaring, but is it a good time to buy? Here’s what the experts say
MARKETWATCH FRONT PAGE The domestic property market is fueled by a government stimulus and a COVID-fueled rush to low density housing, economists say. See full story. Invest in tech indexes, but hedge your bets with fine wine and stamps, says this strategist Tech companies will grow exponentially for the next …
Read More »Balancing a bullish market with bleak economic outlook
Right now, there are two sides to the economy: Wall Street and everything else. Big tech stocks continue to grow and have pushed the S&P 500 to a record high this week. The Nasdaq also hit all-time highs thanks to FAANG stocks. Facebook, Alphabet, Amazon, Netflix and Google dominate the …
Read More »Key Words: ‘A tale told by an idiot’ — CNBC’s Jim Cramer urges investors not to be fooled by new highs in the stock market
“ ‘The S&P’s new highs are a tale told by an idiot, full of sound and fury, signifying nothing about the hardship of millions of people on food stamps, or the millions about to be fired from service jobs, or the homeless, or the people who are just huddled at …
Read More »The Tell: A small subset of Vanguard investors moved entirely into cash when the market tumbled. Here’s how they did
The thought must’ve crossed many investors’ minds during the pandemic. Why not just get out of the markets entirely and switch into cash? Fund management giant Vanguard Group looked at the investors who did exactly that, in a study recently published. Now, the Vanguard crowd isn’t exactly that of Robinhood—between …
Read More »Market Extra: Goldman gets rosier on ‘junk’ rated companies, trims default forecast to 10.5%
Rainbow, North East England. Owen Humphreys/Zuma Press Goldman Sachs has gotten on the bandwagon in terms of thinking defaults by speculative or “junk” rated U.S. companies won’t get a whole lot worse this year. Analysts at the bank this week cut their default forecast for the sector to 10.5% from …
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