The S&P 500 is hovering near the bear market. Its ferocity may depend on the economy.

Many investors are convinced that US equities are already in a bear market, although the benchmark S&P 500 index has yet to technically confirm this. History indicates that the ferocity of any decline may depend on whether or not the economy avoids a recession. It seems obvious, but the debate over whether the economy is … Read more

Stock futures rise after Tuesday’s Nasdaq losses

Traders on the floor of the NYSE, May 17, 2022. Source: NYSE U.S. stock futures rose late on Tuesday after the Nasdaq Composite fell during the regular session, following a slowing growth warning from social media firm Snap that hurt the index with a strong technological component. Dow Jones Industrial Average futures rose 111 points, … Read more

Zoom stock returns to initial surge after earnings beat and earnings forecast improves

Shares of Zoom Video Communications Inc. rose in Monday’s extended session, pulling back from a big initial jump when the video conferencing company beat Wall Street earnings expectations and said it expects to be more profitable this year than it had initially expected. ZM-Zoom, -0.46% Shares closed the after-hours session up 5%, after an initial … Read more

Opinion: Snap’s warning about a weaker outlook sends ripples through tech stocks

An unexpected warning about the deteriorating economy from Snap Inc. Chief Executive Evan Spiegel rippled through internet and social media stocks on Monday night, potentially ruining the market’s bid for a comeback earlier in the day. the day. After the market closed with strong gains on Monday, Spiegel spoke at a JP Morgan technology conference, … Read more

Stock futures fall after Dow returns 600 points

Stock futures fell in overnight trading on Monday as markets struggled to maintain a rebound after weeks of losses. Dow Jones Industrial Average futures fell 130 points, or 0.42%. S&P 500 futures fell 0.89% and Nasdaq 100 futures fell 1.6%. Zoom Video shares jumped 6% in extended trading after sharing a strong second-quarter outlook, while … Read more

JPMorgan Chase, Gap, VMWare and more

People pass the JP Morgan Chase &; Co. Headquarters in the Manhattan borough of New York. Facebook Facebook logo Join Facebook to connect with Mike Segar Reuter Find out which companies are making headlines in the midday business. JPMorgan Chase – JPMorgan rose 7% after the bank said it expected to hit key yield targets … Read more

Didi’s disastrous foray into Wall Street is nearly over

hong kong CNN Business — Shareholders will vote Monday on Didi’s plan to exit the New York Stock Exchange less than a year after China’s largest ride-hailing company launched its $4.4 billion initial public offering. Just days after Didi’s debut on Wall Street last summer, Chinese authorities banned the service from app stores across the … Read more

Stock futures gain as Wall Street seeks to snap 8-week losing streak

U.S. stock index futures gained late on Sunday after Wall Street tumbled last week to its longest losing streak since 1932. Futures contracts Dow Jones Industrial Average YM00, +0.50% have recently risen around 170 points, or 0.5%, while S&P 500 ES00 futures, +0.58% and Nasdaq-100 NQ00 futures, +0.52% posted gains closer to 1%. CL.1 crude … Read more

Stock futures rise after Dow falls for eight straight week in relentless selling

Traders on the NYSE, May 20, 2022. Source: NYSE Stock futures rose in trading overnight on Sunday after the Dow Jones Industrial Average fell for its 8th straight week amid a selloff in the market. Dow Jones industrial average futures gained 130 points, or 0.42%. S&P 500 futures added 0.5% and Nasdaq 100 futures rose … Read more

Why Cathie Wood’s ARKK shorting fund is now ultra-long on the ETF

Cathie Wood’s ARK Innovation Fund (ARKK) shorting ETF has been a big winner in 2022. Tuttle Capital Short Innovation (SARK) ETF has soared over 75% since the start of the year fell by more than 55% in the same period. And now, the creator behind the SARK ETF is taking the opposite bet with his … Read more