US stock futures slip a day after solid market bounce

US stock futures slipped Wednesday, as investors reconsidered hawkish comments from Federal Reserve Chairman Jerome Powell. S&P 500 futures ES00, -0.21% fell 0.4% to 4,065.75 Dow Jones Industrial Average futures YM00, -0.08% fell 104 points, or 0.3%, to 32,478 Nadsaq 100 futures fell 0.8%, to 12,461 On Tuesday, the Dow industrials DJIA, +1.34% jumped 431.17 … Read more

Recession Looms, But Markets Haven’t Got the Message

After 28 trading days away from the markets*, I’ve come back to find that a new narrative of impending recession is quickly taking hold. Yet, look at the markets themselves and the story isn’t much reflected in asset prices, which are still beholden to the Federal Reserve. This creates both risks and opportunities. Start with … Read more

Asian markets mixed after Powell warns of further rate hikes

BEIJING — Asian stock markets were mixed Wednesday after Wall Street rose and the Federal Reserve’s chairman said it will raise interest rates further if needed to cool inflation. The Nikkei 225 NIK, +0.52% in Tokyo gained 0.7% after the government reported economic output shrank 0.2% in the first three months of 2022. That was … Read more

Beware of the Gains in Stocks. It Looks Like a ‘Bear Market Rally.’

Text size Morgan Stanley expects more losses to follow the recent gain in the S&P 500. Dreamstime The stock market has enjoyed a mini-rally in the past few days, but the latest gains look like an upsurge in the middle of a larger decline. The major indexes have shot higher since Thursday afternoon, when the … Read more

SEC’s Gensler warns Americans are diverting savings to ‘speculative crypto assets,’ says market needs investor protection

Securities and Exchange Commission Chairman Gary Gensler reiterated his intention to bring cryptocurrency exchanges and lending platforms into its regulatory purview during a speech before the North American Securities Administrators Association on Tuesday. “Over the past year, several bank executives have shared their personal concerns with me about the sheer number of depositors who have … Read more

Beware of the Gains in Stocks. It Looks Like a ‘Bear Market Rally.’

Text size Morgan Stanley expects more losses to follow the recent gain in the S&P 500. Dreamstime The stock market has enjoyed a mini-rally in the past few days, but the latest gains look like an upsurge in the middle of a larger decline. The major indexes have shot higher since Thursday afternoon, when the … Read more

Shake Shack Stock Upgraded to Market Perform by Raymond James

text size The decline of Shake Shack stock in 2022 ‘creates a more balanced risk/reward,’ says Raymond James. Scott Olson/Getty Images fast food company Shake Shack should see sales improvements in coming months, according to one Raymond James analyst. Brian Vaccaro upgraded his rating on the stock to Market Perform from Underperform after citing potential … Read more

US and Japan Embrace the Open Internet

A branch of Rakuten Mobile in Tokyo, Dec. 14, 2017. Photo: kim kyung-hoon/Reuters Tokyo Most Americans think of Japan as manufacturing world-class cars and consumer electronics. But Japan is also a tech-services superpower that encourages online commerce, embraces artificial intelligence, exports innovative video games, and works in partnership with the US to revolutionize mobile connectivity. … Read more

US and Japan Embrace the Open Internet

A branch of Rakuten Mobile in Tokyo, Dec. 14, 2017. Photo: kim kyung-hoon/Reuters Tokyo Most Americans think of Japan as manufacturing world-class cars and consumer electronics. But Japan is also a tech-services superpower that encourages online commerce, embraces artificial intelligence, exports innovative video games, and works in partnership with the US to revolutionize mobile connectivity. … Read more

Even the Foreign-Exchange Market Is Getting Kind of Crazy

Currency volatility is back. A JPMorgan Chase & Co. index measuring swings in currencies linked to the Group of Seven countries has jumped more than 70% this year. One measure of volatility in the euro has more than doubled since November, picking up mostly in March. Volatility gauges in foreign exchange jump when a currency … Read more