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A bear market that began shortly after the calendar flipped over to 2022 has the S&P 500 on track for its worst first half in 52 years. Investors looking ahead to the end of the year might have some reason for hope, though history is only a rough guide. The S&P 500 SPX, -2.01% was … Read More “What’s next for the stock market after the worst 1st half since 1970? Here’s the history.” »
Text size Fed chair Jerome Powell will deliver remarks at a central bank summit. Olivier Douliery/AFP via Getty Images Stocks wavered on Wednesday ahead of a summit of top central bankers where investors will closely watch for signals of the Federal Reserve’s pathway on monetary policy. Futures for the Dow Jones Industrial Average rose 40 … Read More “Stock Market Today: Dow Futures Waver Ahead of Powell Remarks at Summit” »
When the S&P 500 officially dropped into a bear market on June 13, closing down more than 20% from its last peak, it stirred debate about whether investors should hold tight or think about buying the dip. Battered stock prices SPX, -2.01% might look tempting for investors, but analysts at the Wells Fargo Investment Institute … Read More “How long will stocks stay in a bear market? It hinges on if a recession hits, says Wells Fargo Institute” »
Text size UPS CEO Carol Tome.. (Photo by JIM WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images) AFP via Getty Images Until recently, United Parcel Service operated a little like the New York Yankees. But the company has changed in ways that are positive for the stock. Investors, along with baseball fans, may … Read More “Why UPS Stock Could Be a Winner. Margins Are Improving.” »
Text size EVgo’s fast-charging stations can add 50 to 100 miles of range to a car in a matter of minutes. Bing Guan/Bloomberg Not every improvement in electric-vehicle charging infrastructure—part of a broad effort to make sure trouble refueling on the road doesn’t hit sales of the cars down the road— involves adding more charging … Read More “EVgo and GM Take a Step to Streamline EV Charging” »
Text size Stocks have rallied in recent sessions as investors fears have eased over aggressive Federal Reserve tightening. Dreamstime Stocks continued their momentum from a rally last week and were rising Monday with fears easing over more aggressive interest-rate increases from the Federal Reserve. Futures for the Dow Jones Industrial Average rose 160 points, or … Read More “Stock Market Today: Dow Futures Rise as Fears Over an Aggressive Fed Ease” »
Text size Federal Reserve Chairman Jerome Powell. Kevin Dietsch/Getty Images) Even bear markets get bounces. The stock market had a terrific week, and for the first time in a long time, the rally feels like it can last. The Dow Jones Industrial Average rose 5.4%, the S&P 500 gained 6.4%, and the Nasdaq Composite climbed … Read More “The Stock Market Rally Is Real. It’s Still a Bear Market.” »
Text size A copper smelter in Jinhua, China. Copper prices, often a signal of where the economy is headed, fell 6% this past week. Top Photo/Sipa USA/Alamy The stock market has predicted nine of the past five recessions, economist Paul Samuelson famously quipped back in the 1960s. A half-century later, is the stock market driving … Read More “Stocks Break Out. There Are Signs Inflation and Interest Rates May Peak Sooner.” »
Text size Thomas Ingenlath, chief executive officer of Polestar AB, will run the new company. Krisztian Bocsi/Bloomberg The merger between the special-purpose acquisition company Gores Guggenheim and the electric vehicle maker born from Volvo is done. Polestar (ticker: PSNY) is now trading as a public company on the Nasdaq. Polestar announced the closing of the … Read More “EV Newcomer Polestar’s Stock Soars In First Day of Trading.” »
Text size Tesla is expected to deliver 270,000 cars this quarter. Xiaolu Chu/Getty Images Morgan Stanley analyst Adam Jonas cut his Tesla price target Wednesday afternoon. He’s still a Bull, with a Buy-rating. And his target price only dropped $100, moving from $1,300 to $1,200. It doesn’t seem like all that big a deal. Still, … Read More “Tesla Stock Just Had Its Price Target By Morgan Stanley. It’s a ‘WACC’ Problem.” »
