Why a strong dollar threatens a fragile stock market, but is a boon to the Fed

Microsoft Corp. isn’t the only US company pointing to the dollar’s surge as a potential problem. A strong dollar has been a hot topic this week since the software giant MSFT and Salesforce Inc. CRM pointed to challenges the currency is causing for earnings. It’s been flagged in other industries too, including by Pfizer Inc., … Read more

These Market Indexers’ Stocks Have Been Hit Hard. This One Looks Better in the Short Term.

text size MSCI CEO Henry Fernandez Mohammed Almuaalemi/Bloomberg The end of cheap money has caught up with the market’s scorekeepers: S&P Global and MSCI . Their shares are down more than 28% this year, trailing far behind the S&P500 index. Both run indexes and sell reams of data and analytics services. And both are highly … Read more

The Stock Market Is Charting a New Course. It Won’t Be Pleasant.

Text size Delta Air Lines told investors that revenue would finally return to 2019 levels, amid strong travel demand. Brandon Bell/Getty Images The trend is your friend, or so they say. But right now, there is no trend you can trust. Consider the stock market this past holiday-shortened week. Through the first three days of … Read more

These Market Indexers’ Stocks Have Been Hit Hard. This One Looks Better in the Short Term.

Text size MSCI CEO Henry Fernandez Mohammed Almuaalemi/Bloomberg The end of cheap money has caught up with the market’s scorekeepers: S&P Global and MSCI . Their shares are down more than 28% this year, trailing far behind the S&P500 index. Both run indexes and sell reams of data and analytics services. And both are highly … Read more

‘A game of catch and release’: Are recent stock-market rallies the beginning of a bull run?

The US stock market’s deteriorated breadth means rallies may be short-lived, according to Charles Schwab’s chief investment strategist Liz Ann Sonders. “Even in the most brutal of bear markets, you get sharp, counter-trend rallies,” Sonders said in a phone interview Thursday. In her view, the stock market’s recent moves higher, like the one leading into … Read more

Starbucks, eBay, and 29 Other Stocks for a Bear-Market Rally

Text size Starbucks stock has gained 9% from its lowest close of the year in early May. Spencer Platt/Getty Images The stock market’s recent bounce could be good news for Starbucks , eBay , and other companies with the largest profit swings—if the rally continues. Tea S&P500 has gained just over 8% from its intraday … Read more

S&P Global Is Worried About Lower Debt Issuance. Why the Market Doesn’t Need To.

Text size Corporate debt outstanding by nonfinancial companies is at an all-time high of nearly $12 trillion today, according to Wells Fargo Spencer Platt/Getty Images S&P Global has a gloomy outlook for the primary corporate debt market, calling conditions “extraordinarily weak.” The credit ratings giant cited deteriorating macroeconomic conditions and market volatility for the rapid … Read more

GameStop Earnings Miss Forecasts. Stock Market Doesn’t Know What to Make of It.

Text size GameStop stock could see renewed interest after the company reports earnings. Justin Sullivan/Getty Images GameStop reported a wider-than-expected net loss for the first quarter and once again declined to provide an outlook. Its stock has fallen, gained and settled in close to unchanged in after-hours changing. The videogame retailer reported an adjusted net … Read more

GameStop Earnings Miss Forecasts. Stock Market Doesn’t Know What to Make of It.

Text size GameStop stock could see renewed interest after the company reports earnings. Justin Sullivan/Getty Images GameStop reported a wider-than-expected net loss for the first quarter and once again declined to provide an outlook. Its stock has fallen, gained and settled in close to unchanged in after-hours changing. The videogame retailer reported an adjusted net … Read more

Fed’s quantitative tightening is about to arrive: What that might mean for markets

The Federal Reserve’s almost $9 trillion portfolio is about to be reduced starting on Wednesday, in a process intended to supplement rate hikes and buttress the central bank’s fight against inflation. While the precise impact of “quantitative tightening” in financial markets is still up for debate, analysts at the Wells Fargo Investment Institute and Capital … Read more