Thursday, May 12, 2022

More than $7 trillion has been wiped out from the stock market this year

Somebody cue the stock market's park ranger: Bears are having a picnic on Wall Street this year.
CNN Business: Markets Now
 
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News: What you need to know about the markets
 
 
More than $7 trillion has been wiped out from the stock market this year
Somebody cue the stock market's park ranger: Bears are having a picnic on Wall Street this year. Read more »
 
Record diesel prices, tight supplies could be next blow to the US economy
Diesel prices are soaring to record levels, and record low inventories of the fuel in parts of the United States are sparking fears of worse to come. Read more »
 
Meme mania returns. GameStop and AMC soar
Apes of Reddit, rejoice! Shares of meme stock darling GameStop soared more than 20% in midday trading Thursday, prompting trades to be halted several times due to volatility. But there was no specific news to justify or explain the big pop. Read more »
 
Coronavirus committee: Meat companies lied about impending shortage and put workers at risk
At the height of the pandemic, as the coronavirus infected tens of thousands of meat industry workers and caused hundreds to die, executives at the nation's largest meat producers were aware of the transmission risk in their plants and successfully lobbied the Trump White House and the USDA to circumvent coronavirus prevention measures and regulations, according to the latest findings of a congressional investigation. Read more »
 
Why the black sheep of the crypto world has investors in a panic
Within the often head-scratching world of cryptocurrencies, there's a small but growing sub-species known as "algorithmic stablecoins" that have some investors and regulators ringing alarm bells. Read more »
 
Not all recessions are the same. Here's what could happen to the economy and markets
Economists, CEOs, Wall Street and Main Street are sounding the recession alarm bell. Read more »
 
 
 
 
Dow Nasdaq S&P
-103.81   +6.73   -5.10
31,730.30   11,370.96   3,930.08
-0.33%   +0.06%   -0.13%
YTD -12.68%   YTD -27.32%   YTD -17.54%
 
Biggest Winners
Tapestry Inc +15.50%
 
Lumen Technologies Inc +8.11%
 
Under Armour Inc +6.61%
 
Under Armour Inc +5.44%
Biggest Losers
Synchrony Financial -6.51%
 
Amerisourcebergen Corp -6.01%
 
Westrock Co -5.57%
 
Edison International -5.20%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $106.73 +1.02 / +0.96%
Gold $1,821.20 -32.50 / -1.75%
10-yr 2.82% -0.10
Euro $1.04 -0.01 / -1.28%
More Markets Now
 
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