Wednesday, October 5, 2022

Wall Street's roller coaster ride isn't over yet

On today's "Markets Now" show, Nuveen's Saira Malik says stocks "aren't out of the woods yet." Plus, Wax & Tether Co-Founder William Quigley shares his outlook for bitcoin and cryptocurrencies. And online marketplace StockX is valued at $3.8 billion. CEO Scott Cutler outlines the company's strategy for growth.
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Wall Street's roller coaster ride isn't over yet
On today's "Markets Now" show, Nuveen's Saira Malik says stocks "aren't out of the woods yet." Plus, Wax & Tether Co-Founder William Quigley shares his outlook for bitcoin and cryptocurrencies. And online marketplace StockX is valued at $3.8 billion. CEO Scott Cutler outlines the company's strategy for growth. Read more »
 
The bond market is crumbling. That's bad for Wall Street and Main Street
The global bond market is having a historically awful year. Read more »
 
Housing is slumping, but this real estate CEO explains why it's not 2008 all over again
Mortgage rates are soaring. And for many prospective home buyers, especially first-time purchasers, the combination of rising home loan costs and still sky-high real estate prices make the idea of purchasing a home prohibitively expensive...if not impossible. Read more »
 
OPEC announces the biggest cut to oil production since the start of the pandemic
OPEC+ said Wednesday that it will slash oil production by 2 million barrels per day, the biggest cut since the start of the pandemic, in a move that threatens to push gasoline prices higher just weeks before US midterm elections. Read more »
 
Musk deal could see Trump back on Twitter by midterms
Elon Musk's decision this week to once again move forward with his deal to acquire Twitter could see the return to the platform of former President Donald Trump, once the world's most influential tweeter. Read more »
 
Elon Musk may want a WeChat for the world. It won't be easy to build
Elon Musk is taking inspiration from China's top social media platform, WeChat, while planning a future for Twitter. And while he has shared very few details of his ambition for an app for everything, experts say it won't be easy to achieve. Read more »
 
 
 
 
Dow Nasdaq S&P
-42.45   -27.77   -7.65
30,273.87   11,148.64   3,783.28
-0.14%   -0.25%   -0.20%
YTD -16.69%   YTD -28.74%   YTD -20.62%
 
Biggest Winners
Schlumberger NV +6.26%
 
Lamb Weston Holdings Inc +4.19%
 
Exxon Mobil Corp +4.04%
 
Halliburton Co +3.98%
Biggest Losers
Lumen Technologies Inc -9.45%
 
Vornado Realty Trust -6.38%
 
Epam Systems Inc -4.52%
 
Carnival Corp -4.25%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $88.06 +1.54 / +1.78%
Gold $1,725.50 -5.00 / -0.29%
10-yr 3.76% +0.14
Euro $0.99 -0.01 / -1.03%
More Markets Now
 
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