US stocks end mostly lower as markets await Fed rate hike

New York: Wall Street stocks mostly fell Tuesday as markets awaited a key Federal Reserve decision and digested another report showing elevated inflation. Major indices had opened with modest gains but weakened thereafter as investors pondered the likelihood that the Fed would announce a 0.75-percentage-point interest rate increase on Wednesday instead of the telegraphed 0.5-percentage-point … Read more

Nasdaq dives 3%, S&P 500 on course to confirm a correction

US stock indexes dropped on Monday, with the S&P 500 on course to confirm a correction as the prospect of a Russian attack on Ukraine posed as a double whammy for investors already worried about aggressive policy tightening by the Federal Reserve. A correction is confirmed when an index closes 10 per cent or more … Read more

Cramer says tech stocks could bottom one day after Nasdaq’s nosedive

Jim Cramer on CNBC’s Halftime Report. Scott Mlyn | CNBC CNBC’s Jim Cramer said tech stocks could bottom Thursday, one day after the Nasdaq‘s 3.3% plunge on rising bond yields and Federal Reserve tightening concerns. The “Mad Money” host said he’s glad there’s so much negativity in the market because as a stock picker for … Read more

Stocks could ride the 2021 tailwind into the new year, but the jobs report and Fed will be in focus

A trader works on the floor of the New York Stock Exchange (NYSE) December 9, 2021. Brendan McDermid | Reuters It’s back to business in the week ahead with a busy economic calendar to start the new year, including the always important monthly jobs report. After a stellar 2021, stocks head into the 2022 with … Read more

Stock futures are little changed after S&P 500 hits another record high

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, December 8, 2021. Brendan McDermid | Reuters Stock futures were calm on Monday evening as Wall Street looked to build on its record highs in the final week of the year. Futures tied to the Dow Jones Industrial Average … Read more

Cramer still believes in Santa Claus rally into end of 2021 even as Covid omicron cases spike

Jim Cramer on CNBC’s Halftime Report. Scott Mlyn | CNBC CNBC’s Jim Cramer said Tuesday he believes there will be a Santa Claus rally this year despite the raging omicron variant that’s spiking Covid cases during the holidays. The seasonal stock market phenomenon has historically started around now and continued into the first days of … Read more

5 things to know before the stock market opens Monday

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Dow futures sink on omicron concerns after rough week A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Dec. 13, 2021. Michael Nagle | Bloomberg | Getty … Read more

‘Cash could be your friend’: Wilmington Trust sees a deeper pullback providing better opportunities for investors

The stock market’s volatility jump may be in its early stages. Despite a bullish 2022 outlook, Wilmington Trust’s Meghan Shue expects the wild swings to ramp up as investors digest a less accommodative Federal Reserve and assess new risks tied to the Covid omicron variant. “While we’re overweight to equities, we’re holding elevated cash because … Read more

Market turbulence may be a theme in the holiday week as investors fret over omicron, the Fed

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, December 8, 2021. Brendan McDermid | Reuters Stocks could be volatile in the coming week, with thin volume exaggerating moves in both directions ahead of the Christmas holiday. The market was whipsawed in the past week, with the Nasdaq … Read more

Asia-Pacific markets set to trade cautiously following overnight losses on Wall Street

A currency dealer monitors exchange rates in a trading room at KEB Hana Bank in Seoul on June 21, 2021. JUNG YEON-JE | AFP via Getty Images SINGAPORE — Asia-Pacific markets were set to trade cautiously on Friday, following overnight losses on Wall Street, as investors assessed monetary policy decisions from two key central banks. … Read more