It's been a tumultuous year for retail traders — people who buy shares of individual companies or indexes on popular trading platforms like Robinhood or E-Trade. Facing an economic outlook full of bear markets, high inflation and interest rate hikes, they've finally decided that they've had enough.
|
| |
 |
| News: What you need to know about the markets | | | | | | The era of the meme trade is over
| | It's been a tumultuous year for retail traders — people who buy shares of individual companies or indexes on popular trading platforms like Robinhood or E-Trade. Facing an economic outlook full of bear markets, high inflation and interest rate hikes, they've finally decided that they've had enough. Read more » | | | Stocks soar on hopes that Fed will slow rate hikes
| | A disastrous earnings report from Snap and less than inspiring results from Dow components American Express and Verizon weren't enough to keep the Wall Street bulls at bay Friday. Stocks surged on hopes that the Federal Reserve may soon come to the rescue by slowing the pace of its rate hikes. Read more » | | | Former Treasury Secretary Larry Summers says chance of recession next year is substantial
| | Former US Treasury Secretary Larry Summers said on Thursday that it's "substantially" more likely than not that the United States will enter a recession next year. Recession became "almost inevitable" once inflation rates grew above 5%, he said. On an annual basis, prices rose by 8.2% in September. Read more » | | | The Fed isn't about to back down from its inflation fight
| | Twelve days from now, the Federal Reserve will meet again, and expectations for the central bank's next moves are firming up. The consensus among investors: Persistently hot inflation means the Fed will need to continue with its string of aggressive interest rate hikes, which is unprecedented in the modern era. Read more » | | | Beware of fad stocks. Truly's owner, Snap and Zoom have plunged
| | Fads come and go in fashion. (Are skinny jeans no longer a thing?) The same is true of the stock market. Read more » | | | Even the uber-rich are fretting about the economy now
| | Even the uber-rich are on edge now about the economy. Read more » | | | | | | | | | |
| |
| |
| | | +748.97 | | +244.87 | | +86.97 | | 31,082.56 | | 10,859.72 | | 3,752.75 | | +2.47% | | +2.31% | | +2.37% | | YTD -14.46% | | YTD -30.59% | | YTD -21.26% | | | |
| |
| Biggest Winners | | Schlumberger NV | +10.33% | | | | Freeport-McMoRan Inc | +9.99% | | | | Nucor Corp | +8.52% | | | | Halliburton Co | +7.01% | | | Biggest Losers | | Robert Half International Inc | -8.55% | | | | EQT Corp | -7.02% | | | | HCA Healthcare Inc | -5.73% | | | | Twitter Inc | -4.86% | | | | | |
| Hottest ETF |  | | | NYSE Market Volume |  | | | | | |
| Key Market Stats | Latest | Today's Change | | | Oil | $85.08 | +0.57 / +0.67% | | | Gold | $1,661.70 | +24.90 / +1.52% | | | 10-yr | 4.21% | -0.01 | | | Euro | $0.98 | +0.01 / +0.73% | | |
| |
Hi, let us know what you
think of this newsletter! | | | Tell us what you want to read more of... and less of.
Email your tips and feedback to MarketsNow@cnn.com | | |
| |
| |
| |
| | Tips, thoughts or questions are always welcome at
MarketsNow@cnn.com | | | Want to change how you receive these emails?
You can unsubscribe from this list | | | ® © 2022 Cable News Network Inc.
A WarnerMedia Company. All Rights Reserved.
You are receiving this message because you subscribed to
CNN Business's "Markets Now" newsletter.
Our Mailing address is:
Cable News Network, Inc.
1 CNN Center
Atlanta, GA 30303 | | | | | | |
No comments:
Post a Comment