What is a bear market? And is Wall Street close to one now?

NEW YORK (AP) — The bear came close to Wall Street but then backed off. The stock market’s slump this year briefly pulled the S&P 500 into what’s known as a bear market Friday, before a late rally put the index in the green. The prevailing sentiment among investors remains negative, however, so the relief … Read more

Turkish stock market posts all-time-high

Turkey’s benchmark stock index closed flat Friday but posted an all-time-high level. Borsa Istanbul Stock Exchange (BIST) ended the week at 2,601.25 points with a daily loss of 0.01%. After starting the day at 2,611.22 points, the index fell 0.31 points from Thursday’s record-high closing of 2,601.56. The index’s lowest value during the day was … Read more

stock markets: Top 3 momentum indicators for stock markets to identify trends and make buy or sell decisions

There are various ways in which traders try to make money from the market. The strategies the successful traders’ use aligns with their psychology. One theme that opportunistic traders like to follow is the momentum strategy. Here they like to take advantage of a short and sharp rise in the market. Momentum strategies, as the … Read more

Dow falls 300 points, Nasdaq drops 2%, as major indexes notch weekly losses

US stocks slide Friday to close the week lower as investors digested a stronger-than-expected jobs report and its implication for monetary policy going forward. The Dow Jones Industrial Average fell 348.58 points, or 1.1%, to 32,899.70. The S&P 500 slipped 1.6% to 4,108.54. The technology-heavy Nasdaq Composite fell nearly 2.5% to 12,012.73. All three indexes … Read more

Investors set their sights on upcoming inflation report as the bear market rally falters

The stock market may try to regain its footing in the next few sessions, even as a fresh inflation report looms large at the end of the week. Stocks struggled to move forward in the past week. With Friday’s sell-off, the major indices were on track to finish out the four-day period with losses. That … Read more

Job growth seen cooling in May but wage increases were still hot

Workers remove steel panels for Rivian electric vehicle (EV) trucks from a hydraulic press at the company’s manufacturing facility in Normal, Illinois, April 11, 2022. Jamie Kelter Davis | Bloomberg | Getty Images The pace of job growth is expected to have slowed in May, but economists say the labor market remains strong, even as … Read more

Jim Cramer says to pick up shares of Deere for an ‘absurd’ bargain

CNBC’s Jim Cramer on Thursday urged investors to purchase shares of Deere at the start of the next trading session. “I’ve told you to buy Deere all year. Liked it even more when Russia invaded Ukraine, because … it’s created a powerful bull market in all things agriculture,” the “Mad Money” host said. “This is … Read more

These stocks offer a smooth ride and cash payout in a turbulent market

Markets have logged wild swings in recent weeks and the new month kicked off Wednesday in similar fashion. But even in an unpredictable market, several companies are well-positioned to offer a good dividend payout and low volatility. Stocks are grappling with a murky start to the year as the Federal Reserve hikes rates and shrinks … Read more

The market wants a soft landing for the economy. Why it may not get it

What does the stock market want? Two things: an easing of supply chain issues and a soft landing for the US and global economy. The first is showing signs of improvement. The second is going to be more elusive. Daimler Truck became one of the latest companies to say they were pushing past the global … Read more

These ‘dividend aristocrats’ offer steady returns in an uncertain market, Credit Suisse says

As Wall Street starts another month with further volatility in the markets, Credit Suisse identified some “dividend aristocrats” that could offer investors steady returns. Analysts at the investment bank maintained an overweight rating on dividend stocks, even as they moved down to neutral on value stocks, according to a Friday report from the investment bank. … Read more