In short order, greed in the stock market has mostly taken over fear after reports of slowing new coronavirus cases in New York and Europe. Is it prudent to chase the rally? The answer is “no” without knowing where you belong in the protection band. (More on that later.) The …
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There have been better quarters. The S&P 500 SPX, -1.51% dropped a precise 20% in the January-to-March period, the worst showing since the fourth quarter of 2008 and the ninth worst three-month era on record. The blame can be pinned on COVID-19, which has resulted in 861,305 cases globally and …
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In its best three-day stretch since 1931, Wall Street roared back to life this week despite some incredibly abysmal unemployment numbers. The big news that helped rally markets was the Senate passing a $ 2 trillion stimulus bill. The bill includes a payout to American families, a $ 500 billion …
Read More »This week saw the worst day for Wall Street since 1987 and trillions of dollars of stimulus being pumped into the economy, leaving investors and Americans wondering what twist would be around the next turn. The continued fear of the spread of coronavirus COVID-19 has led to extensive economic fallout, …
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CrowdStrike Holdings Inc. shares skyrocketed in the extended session Thursday after the cybersecurity company’s results and outlook topped Wall Street estimates and coronavirus fears raise the need for more protective measures as millions of people work from home. CrowdStrike CRWD, +8.05% shares soared more than 20% after hours, following an …
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‘BIGGEST STOCK MARKET RISE IN HISTORY YESTERDAY!’ President Donald Trump That is Trump on Saturday morning, referencing the Friday surge by the Dow Jones Industrial Average DJIA, +9.36% , the S&P 500 index SPX, +9.29% and the Nasdaq Composite COMP, +9.35% , which constituted the major equity benchmarks’ biggest daily percentage …
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U.S. stock futures were pointing at a rebound attempt for Wall Street on Friday, after a week of dramatic losses across the globe. The S&P 500 and Nasdaq Composite joined the Dow Jones Industrial Average in bear-market territory Thursday, commonly defined as a decline of at least 20% from a …
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U.S. stock futures slid early Wednesday, suggesting more volatility when trading begins Wednesday, following two roller-coaster days on Wall Street. What are the major indexes doing? Dow Jones Industrial Average futures YMH20, -2.23% were last down around 700 points, or 2.8%. S&P 500 futures ESH20, -2.33% and Nasdaq-100 …
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Obviously, it’s a lot more fun checking your 401(k) during a raging bull market. Then again, reading about other people’s 401(k) accounts during brutal trading sessions like Monday’s seems to be a favorite pastime for those looking to laugh through the tears. So, in that spirit of schadenfreude — and …
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