Tuesday, May 3, 2022

Wall Street needs a reason to buy stocks. Is this it?

Stocks have been volatile in recent weeks, notching their worst start to the year since 1939. Between the war in Ukraine, decades-high inflation and recession fears, it's been difficult for investors to convince themselves to put more money into the market.
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Wall Street needs a reason to buy stocks. Is this it?
Stocks have been volatile in recent weeks, notching their worst start to the year since 1939. Between the war in Ukraine, decades-high inflation and recession fears, it's been difficult for investors to convince themselves to put more money into the market. Read more »
 
These companies will help staff in red states bypass abortion bans
Millions of women in more than 25 states face an abortion ban if the Supreme Court overturns Roe v. Wade, the landmark 1973 decision that legalized the procedure nationwide. For many of those women, employers' benefit packages may be the only way they can soon afford a legal abortion. Read more »
 
A record 4.5 million Americans quit their jobs in March
The US labor market remained on fire in March with a record 4.5 million workers quitting their jobs, new data from the Bureau of Labor Statistics showed Tuesday. Read more »
 
'Very, very unlikely' Fed can tame inflation without sparking recession, former NY Fed chief says
The Federal Reserve helped rescue the economy from the worst pandemic in a century. That task may prove easy compared with the Fed's next mission: crush inflation, without causing a recession. Read more »
 
Ulta Beauty apologizes for 'very insensitive' email about Kate Spade
Ulta Beauty is apologizing for sending a newsletter to customers with a subject line containing a "very insensitive choice of words." Read more »
 
HSBC's biggest shareholder reignites debate about breaking up the bank
HSBC has long prided itself on being the bank that connects East and West. Now it's under pressure to rethink that model after a challenge from its top shareholder, one of the most powerful finance companies in China. Read more »
 
 
 
 
Dow Nasdaq S&P
+67.29   +27.74   +20.10
33,128.79   12,563.76   4,175.48
+0.20%   +0.22%   +0.48%
YTD -8.83%   YTD -19.69%   YTD -12.39%
 
Biggest Winners
Catalent Inc +10.91%
 
Devon Energy Corp +10.16%
 
Coterra Energy Inc +9.47%
 
Mosaic Co +8.70%
Biggest Losers
Rockwell Automation Inc -14.52%
 
FMC Corp -6.28%
 
Estee Lauder Companies Inc -5.80%
 
Live Nation Entertainment Inc -5.16%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $103.40 -1.77 / -1.68%
Gold $1,868.20 +4.60 / +0.25%
10-yr 2.96% -0.04
Euro $1.05 +0.00 / +0.11%
More Markets Now
 
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