he alleged reason for Friday's market downdraft: February’s surprisingly low employment numbers. Just 80,000 US workers landed new jobs last month.
Monday morning, with nary a hint of warning, virtually the entire universe of stocks freaked out. Monday market madness ensued.
The already wobbly shares of Kraft Heinz (trading symbol: KHC) took a big swan dive Friday, plummeting over 25 percent on the day thus far.
Q4 2018 was an investor bloodbath pitting worn-out bulls vs rampaging bears. By the end of December, the bears had clearly won. Big time.
Wednesday's Fed remarks appeared to back off from the bank's previous “shock and awe” approach to interest rates. The Apple rally also helped drive markets.
Monday’s designated corporate earnings report victims are Caterpillar and Nvidia. Poor earnings and forward guidance numbers clobber CAT and NVDA shares.
Stocks just notched their third straight weekly advance. Has Great Trump Rally resumed? Has Mr. Market just pushed the RESET button?
Wall Street’s Wheel of Misfortune continues to spin against investors who still hold idle cash hiding in their battered brokerage accounts.
Yes, it’s another Wall Street Hell Week. Thursday’s closing numbers merely added to the ongoing carnage.
True, the brain dead Fed did roll back current expectations of three rate hikes in 2019 to (perhaps) two. But they didn’t promise anything more.
Battered stocks, preferred stocks, bonds and commodities are trying yet again to recover from the latest Monday horror show on Wall Street.
The announced 90-day delay in new tariff increases juiced both Chinese and US markets with a burst of optimism. The US-China trade war is "suspended." For now.
Unexpectedly, hawkish Federal Reserve Chairman Jerome Powell signaled a dramatically less aggressive interest rate outlook late Wednesday morning.
Mr. Market’s current, nasty, violently bi-polar action "cuts your heart out." Along with that observation, CNBC’s much-maligned bad boy Jim Cramer gets the Federal Reserve’s current modus operandi exactly right.
Is the long-running secular bull market in U.S. stocks over? Is the Great Trump Rally within that secular bull market also kaput? And finally, are we in a bear market now?
While the Fed would like to see a higher rate of growth, the central bank's traditional concern is inflation.
News and financial sites provide a daily deluge of negative-to-rotten, thinly veiled anti-Trump and anti-GOP stories geared toward tanking stocks across the boards into the run-up to Election 2018.
Popular market averages predictably remained mired in Fed wrangles and international tangles Monday as measured by fractional percentages.
In a staggering, shell-shocked stock market like this one, most likewise shell-shocked investors won’t immediately start buying this particularly nasty dip.
We saw the Dow get pulverized, the techs get eviscerated and the markets collapse in a waterfall decline. Looks like a pre-election correction is underway.