US stocks drop at the open, still reeling from tough Powell speech

US stocks drop at the open, still reeling from tough Powell speech

This post was originally published on this site Equities on Wall Street headed further into negative territory on Monday, still feeling the sting of the no-nonsense speech Federal Reserve Chair Jerome Powell last week. The Fed warned of “pain” ahead for Americans in the battle against inflation, with no chance...

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The Stock Market’s Rebound Has History on Its Side

The Stock Market’s Rebound Has History on Its Side

This post was originally published on this siteSince 1926, equities have recovered more than half of a 10% or larger decline 79 times and only once, in March 1930, did they reach a new low before setting a new all-time peak.

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JetBlue forecasts a return to profit in the third quarter, restraining growth as costs rise

JetBlue forecasts a return to profit in the third quarter, restraining growth as costs rise

This post was originally published on this site   A JetBlue Airways Airbus A320 passenger plane lands at John F. Kennedy International Airport in New York. Nick Oiko | LightRocket | Getty Images JetBlue Airways said on Tuesday it expects to return to its first profit since the start of...

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GM Profit Tumbles 40% on China Loss, Parts Shortage

GM Profit Tumbles 40% on China Loss, Parts Shortage

This post was originally published on this siteThe auto maker’s weaker results reflect ongoing challenges with supply-chain disruptions, including a multiyear shortage of semiconductors.

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Walmart Rings More Alarm Bells for the US Economy

Walmart Rings More Alarm Bells for the US Economy

This post was originally published on this siteShoppers are growing nervous. If the world’s largest retailer is struggling, the rest of the consumer sector is going to hurt even worse.

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Corporate Profits May Be the Next Thing to Break

Corporate Profits May Be the Next Thing to Break

This post was originally published on this siteUS stocks just had their worst half since 1970, but the earnings and interest rate outlooks both signal the potential for more pain.

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Stock futures rise slightly after a major comeback week for equities

Stock futures rise slightly after a major comeback week for equities

This post was originally published on this site   Traders on the floor of the NYSE, June 15, 2022. Source: NYSE U.S. stock futures edged higher on Monday morning after a major rebound last week from steep declines this year. Despite the rebound, Wall Street is preparing to wrap up...

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Why This Bear Market Is Bad for Stocks and Bonds

Why This Bear Market Is Bad for Stocks and Bonds

This post was originally published on this siteIt is highly unusual for both fixed income and equities to perform so badly at the same time, but inflation has flipped their correlation to the same direction.

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S&P 500 heads toward bear market amid global stock sell-off

S&P 500 heads toward bear market amid global stock sell-off

This post was originally published on this siteInvestors are rattled by higher-than-expected inflation data ahead of the Federal Reserve board’s two-day meeting.

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