Tuesday, August 30, 2022

So much for turnaround Tuesday? Stocks tumble again

Tuesday's market rally was brief. Stocks opened higher but quickly gave up their gains as the morning wore on. A nearly 5% drop in oil prices, while welcome news to consumers, led to a big sell-off in energy stocks.
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So much for turnaround Tuesday? Stocks tumble again
Tuesday's market rally was brief. Stocks opened higher but quickly gave up their gains as the morning wore on. A nearly 5% drop in oil prices, while welcome news to consumers, led to a big sell-off in energy stocks. Read more »
 
Rich people are worried about spending. That's bad news for everyone else
After a period of angst, Americans appear to be feeling a bit better about the economy. Read more »
 
The US economy had more job openings than expected in July
US employers aren't ditching their "help wanted" signs just yet, according to new data released Tuesday by the Bureau of Labor Statistics. Read more »
 
Pandemic-era splurging on pets could be over
Worries about the economy have suddenly put shares of pet supply retailers in Wall Street's doghouse. Read more »
 
Kohl's and Gap have a surprising plan for this season's unsold clothing
Retailers are overstocked on clothing, and some are packing it away in hopes of selling it in future seasons. Read more »
 
Fed Chair Jerome Powell says 'some pain' is on the horizon. Here's what that means
In a blunt speech last Friday, Federal Reserve Chairman Jerome Powell warned that the central bank's battle against inflation won't come without some casualties. Read more »
 
 
 
 
Dow Nasdaq S&P
-308.12   -134.53   -44.45
31,790.87   11,883.14   3,986.16
-0.96%   -1.12%   -1.10%
YTD -12.51%   YTD -24.05%   YTD -16.37%
 
Biggest Winners
Epam Systems Inc +2.09%
 
Paycom Software Inc +1.74%
 
Best Buy Co Inc +1.61%
 
PPG Industries Inc +1.46%
Biggest Losers
CF Industries Holdings Inc -6.48%
 
Freeport-McMoRan Inc -5.52%
 
Mosaic Co -4.97%
 
Halliburton Co -4.86%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $92.27 -4.74 / -4.89%
Gold $1,736.20 -13.50 / -0.77%
10-yr 3.11% 0.00
Euro $1.00 +0.00 / +0.04%
More Markets Now
 
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