Tag: COMP

Dow clings to gain, but tech stocks slide while Beige Book shows only modest economic uptick

U.S. stock benchmarks mostly were lower Wednesday afternoon, as technology shares weighed down the S&P 500 and Nasdaq Composite, after bond yields spiked and weaker-than-expected...

‘Head-smacking craziness’ has reached new heights in today’s markets, says hedge-fund billionaire Paul Singer

“ ‘We believe that hindsight will show the champion of head-smacking craziness in the American stock market to be the period playing out right now.’...

Bitcoin’s 2021 rally is minting thousands of crypto ‘diamond hands’ millionaires

The recent rise of bitcoin toward all-time highs is creating millionaires, on paper, at a fairly rapid clip, according to data from BitInfoCharts. At last...

Here are 3 reasons why the stock market can survive rising bond yields in 2021

Rising Treasury yields have contributed to a selloff by the stock market’s pandemic high-fliers, but probably won’t be enough to spoil the appeal of stocks...

Stock market set for skid lower ahead of testimony by Fed’s Powell on economy

Stock-index futures were mostly lower Tuesday, with tech shares continuing to lead the way down, as investors monitored a sharp rise in bond yields and...

Is bitcoin headed to $100,000 in 2021 or is its price ‘unsustainable’?

Bitcoin prices were carving out fresh records Wednesday but where the cryptocurrency heads from here is an open question. A single bitcoin BTCUSD, +2.31% hit...

We were ‘dangerously close’ to collapse of ‘entire system,’ says Interactive Brokers founder ahead of GameStop hearing

“ ‘What I would like to point out here is that we have come dangerously close to the collapse of the entire system, and the...

Dow logs record as cold snap lifts energy stocks, and rise in yields buoys banks

The Dow industrials eked out a record gain, but the other main equity benchmarks limped lower, as progress toward President Joe Biden’s $1.9 trillion coronavirus...

Europe joins Wall Street’s boom in ‘blank-check’ companies

It’s the monster trend on Wall Street. Now it’s crossed the Atlantic. LVMH MC, -0.34% founder Bernard Arnault and former UniCredit UCG, -0.09% chief Jean-Pierre...

Is the stock market due for a correction in 2021? Here’s what some experts think

A pullback for the Dow Jones Industrial Average and the S&P 500 index on Tuesday halted the longest win streak for stocks in months, but...

Dow futures pull back after another round of records

Stock-index futures fell slightly Tuesday, signaling a modest pullback a day after major benchmarks scored another round of all-time highs on optimism over the potential...

This is America’s rare chance to undo the economic wrongs of decades, these strategists say

What doesn’t kill you makes you stronger, it’s said, though that’s cold comfort for anyone going through a trauma, whether personal or collective. But some...

Individual investors are back — here’s what it means for the stock market

Look who’s back. After a long absence, active individual investors have returned. While breakneck and foolhardy trading activity in shares of GameStop Corp. GME, +19.20%...

Dow futures rise 250 points as the stock market tries to shake GameStop angst

U.S. stock-index futures on Monday morning were trading solidly higher as the market attempted to recover from its worst weekly loss since October as worries...

Here’s what the robot fund that’s beating the S&P 500 is investing in now

Shares of the videogame retailer are up 23% in premarket trading after Monday’s wild session. To some, this is stirring memories of the dot-com boom...

Dow futures sag ahead of big week for tech earnings

Stock-index futures traded mixed Monday, with tech-related shares surging ahead of a busy week of earnings that features results from tech giants Apple Inc., Tesla...

Biden’s ‘rescue America’ plan is big. How its trillions could help both Wall Street and Main Street

As Americans hunker down and wait to get vaccinated, the toll of the coronavirus pandemic keeps rising. Its costs, both in lives and livelihood, prompted...

U.S. stocks close lower for the week after release of big bank quarterly results, Biden aid plan

U.S. stock benchmarks closed the week on a down note Friday, with the three major indexes registering their largest one week drop since October 30,...

Bitcoin sees bear-market skid — living up to its reputation for seismic price swings

Bitcoin prices entered bear-market territory over the weekend, typically defined as a decline from a recent peak of at least 20%. Stop us if you’ve...

Dow rises, but tech stocks slip as ‘reflation trade’ grips Wall Street after Democrats flip Senate seat

U.S. stocks mostly shook off early losses to trade higher Wednesday, though technology sector stocks remained lower, after Democrats scored at least one U.S. Senate...

Stock-market futures slip, bond yields pop near 1% amid razor-thin Georgia races

Wall Street had Georgia squarely on its mind Tuesday night, with equity futures and bonds mostly in the crosshairs as investors eyed dual contests for...

Dow futures edge lower after stocks see first decline to start a year since 2016

The main U.S. stock benchmarks on Tuesday were pointing lower after equities registered their first losses to open a new year since 2016 on Monday,...

Is the stock market open? Here are the market hours on New Year’s Eve and Day

Wall Street on Thursday is looking forward to a farewell to a pandemic-stricken year in the last trading day of 2020. U.S. stock markets, energy...

‘Santa Claus’ rally has begun. Why few periods are better for the stock market

Santa Claus may not be coming to town due to the pandemic, but he will pay a socially distant visit to Wall Street equity traders...

Stock-market pros are having a tough time imagining an S&P 500 slump in 2021

Farewell, 2020. Hello, 2021. It is onward and potentially upward, Superman style, for the U.S. stock market next year, based on analysts’ ambitious year-end targets...