article_normal

These 20 stocks in the S&P skidded as much as 21.5% during another brutal week for the market

Another difficult week for U.S. stocks ended with shares of oil producers sliding and Ford Motor Co. tumbling further on concerns over supply shortages. The S&P 500 SPX, -1.72% fell 1.7% on Friday for a one-week decline of 4.6%, as investors continued to fret about the Federal Reserve’s interest-rate increases to temper inflation. Among components …

These 20 stocks in the S&P skidded as much as 21.5% during another brutal week for the market Read More »

‘The housing market may have to go through a correction’: Mortgage rates hit 6.29%, Freddie Mac says

The numbers: U.S. mortgage rates continue to climb, adding hundreds of dollars in costs to potential homeowners. The increase in mortgage rates followed the Federal Reserve hiking interest rates again to address the worst inflation the economy has faced in 40 years.  The 30-year fixed-rate mortgage averaged 6.29% as of September 15, according to data …

‘The housing market may have to go through a correction’: Mortgage rates hit 6.29%, Freddie Mac says Read More »

‘Moore’s Law’s dead,’ Nvidia CEO Jensen Huang says in justifying gaming-card price hike

Nvidia Corp. Chief Executive Jensen Huang on Wednesday said he thinks it’s going to be “a pretty terrific Q4 for Ada,” the company’s next-generation chip architecture unveiled this week, even as critics balk of a price hike during a softening in consumer demand.Nvidia NVDA, +0.65% expects high demand for gaming chips using its next-generation “Ada …

‘Moore’s Law’s dead,’ Nvidia CEO Jensen Huang says in justifying gaming-card price hike Read More »

The Dow tumbled 500 points because Jerome Powell’s Fed ‘isn’t going to blink’

It took stock-market investors a while to make up their minds, but when the closing bell sounded on Wednesday it was clear they didn’t like what they had heard from the Federal Reserve and its chairman Jerome Powell. See: Fed approves third large interest rate hike and signals more before year-end Central bankers also penciled …

The Dow tumbled 500 points because Jerome Powell’s Fed ‘isn’t going to blink’ Read More »

There’s only one ‘perfect asset’ to fight all the bad news that could be coming, says this strategist

Ahead of that, stocks are falling after Ford warned on high supply costs, on the heels of FedEx’s FDX, -2.46% profit caution last week. The dollar and cash have been among the most popular havens for investors as they navigate recession risks with higher rates and higher inflation, alongside a brutal war in Europe. But …

There’s only one ‘perfect asset’ to fight all the bad news that could be coming, says this strategist Read More »

Ford stock drops more than 4% as supply costs to jump by $1 billion, parts shortages to leave more cars unfinished

Ford Motor Co. shares dropped more than 4% in the extended session Monday after the company said inflation and parts shortages will leave it with more unfinished vehicles than it had expected, reminding Wall Street supply-chain snags are far from over for auto makers. Ford F, +1.43% said it expects to have between 40,000 and …

Ford stock drops more than 4% as supply costs to jump by $1 billion, parts shortages to leave more cars unfinished Read More »

Why stock-market bears are eying June lows after S&P 500 falls back below 3,900

Goodbye, summer bounce. The S&P 500 finished Friday below a crucial chart support level that’s served as a battleground in recent years, leading technical analysts to warn of a potential test of the stock market’s June lows. “Over the last three years, the level on the [S&P 500] with the most amount of volume traded …

Why stock-market bears are eying June lows after S&P 500 falls back below 3,900 Read More »

Can the Fed tame inflation without further crushing the stock market? What’s next for investors.

The Federal Reserve isn’t trying to slam the stock market as it rapidly raises interest rates in its bid to slow inflation still running red hot — but investors need to be prepared for more pain and volatility because policy makers aren’t going to be cowed by a deepening selloff, investors and strategists said.“I don’t …

Can the Fed tame inflation without further crushing the stock market? What’s next for investors. Read More »