Friday, December 16, 2022

Why stocks keep tumbling: Good news and bad news are bad

The good vibes on Wall Street are fading fast: US stocks tumbled yet again Friday as investors come to grips with a souring economy.
CNN Business: Markets Now
 
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Why stocks keep tumbling: Good news and bad news are bad
The good vibes on Wall Street are fading fast: US stocks tumbled yet again Friday as investors come to grips with a souring economy. Read more »
 
Donald Trump's NFT superhero trading cards timed the market all wrong
Donald Trump's entrance into the NFT world came at the worst possible moment. Read more »
 
Why recession fears are back: Americans are losing faith
From the executive suite to the grocery aisles to the halls of the Federal Reserve, the big question is: Can red-hot inflation be vanquished without tipping the economy into a recession? Read more »
 
Starbucks union starts three-day strike at 100 stores
About 100 Starbucks stores across America will be on strike for the next three days, as the union attempts to turn up the pressure in it year-long battle with the coffee retailer. Read more »
 
Elon Musk sells another 22 million Tesla shares for $3.6 billion
Elon Musk just sold another 22 million shares of Tesla, raising $3.6 billion. Read more »
 
The Grinch comes for retailers
Weaker-than-expected retail sales in November pummeled market sentiment on Thursday and raised the odds that the Federal Reserve's inflation-fighting interest rate hikes would push the economy into recession. Read more »
 
 
 
 
Dow Nasdaq S&P
-281.76   -105.11   -43.39
32,920.46   10,705.41   3,852.36
-0.85%   -0.97%   -1.11%
YTD -9.41%   YTD -31.57%   YTD -19.17%
 
Biggest Winners
MasterBrand Inc +20.78%
 
Universal Health Services Inc +2.44%
 
Generac Holdings Inc +1.94%
 
Kroger Co +1.91%
Biggest Losers
Ford Motor Co -6.98%
 
Carmax Inc -6.04%
 
Accenture PLC -5.92%
 
Lincoln National Corp -5.35%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $74.49 -1.62 / -2.13%
Gold $1,802.80 +15.00 / +0.84%
10-yr 3.48% +0.03
Euro $1.06 -0.01 / -0.49%
More Markets Now
 
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