Wednesday, August 24, 2022

Why investors are on edge this week

On this week's "Markets Now" show, iCapital's Anastasia Amoroso on what to expect from Fed Chief Jerome Powell ahead of his Jackson Hole speech. Plus, home sales fell for the sixth straight month in July. Redfin CEO Glenn Kelman shares insight into the housing market. And Subway CEO John Chidsey explains how the sandwich giant is dealing with higher costs for food and labor.
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Why investors are on edge this week
On this week's "Markets Now" show, iCapital's Anastasia Amoroso on what to expect from Fed Chief Jerome Powell ahead of his Jackson Hole speech. Plus, home sales fell for the sixth straight month in July. Redfin CEO Glenn Kelman shares insight into the housing market. And Subway CEO John Chidsey explains how the sandwich giant is dealing with higher costs for food and labor. Read more »
 
Party City is hiring 20,000 people, expecting an epic Halloween
Party City expects Halloween will be back with a vengeance this year — in a good way. Read more »
 
Are you ready to bet on some football? Gambling stocks hope to get an NFL boost
Some would argue that Wall Street is just one big casino. And for investors wagering on gambling stocks, it's been a big losing bet so far this year. Read more »
 
Biden wrongly got blamed for rising gas prices. But he doesn't deserve much credit for the drop
The only thing that climbed as high as gas prices earlier this year was the disapproval of President Joe Biden, as Americans blamed him for record prices at the pump. But Biden had relatively little control over the prices set primarily by global markets. Read more »
 
JPMorgan forces sale of Russian oligarch's megayacht
A $75-million superyacht linked to a sanctioned Russian steel billionaire was auctioned on Tuesday in Gibraltar, court sources said, in what is understood to be the first sale of its kind since Russia invaded Ukraine in February. Read more »
 
What Wall Street hopes to hear from the Federal Reserve at Jackson Hole
Inflation talk is expected to dominate the Federal Reserve's annual summer gathering in Jackson Hole, Wyoming, later this week. Read more »
 
 
 
 
Dow Nasdaq S&P
+59.64   +50.23   +12.04
32,969.23   12,431.53   4,140.77
+0.18%   +0.41%   +0.29%
YTD -9.27%   YTD -20.54%   YTD -13.12%
 
Biggest Winners
Norwegian Cruise Line Holdings Ltd +8.40%
 
Royal Caribbean Cruises Ltd +7.65%
 
Mosaic Co +6.01%
 
Carnival Corp +5.35%
Biggest Losers
Advance Auto Parts Inc -9.62%
 
Autozone Inc -2.60%
 
Laboratory Corporation of America Holdings -2.53%
 
Dow Inc -2.48%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $95.34 +1.60 / +1.71%
Gold $1,765.80 +4.60 / +0.26%
10-yr 3.11% +0.05
Euro $1.00 -0.00 / -0.01%
More Markets Now
 
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