Monday, January 9, 2023

House speaker drama sparks fears of 2011-style debt ceiling crisis -- or something worse

There is a growing sense in Washington and on Wall Street that chaos won't just be the opening act of the 118th Congress. It might be the whole play.
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House speaker drama sparks fears of 2011-style debt ceiling crisis -- or something worse
There is a growing sense in Washington and on Wall Street that chaos won't just be the opening act of the 118th Congress. It might be the whole play. Read more »
 
Key takeaways from the New York nurses strike
The 7,000 nurses who went on strike in New York Monday say the 19% pay hike that hospital management offered them was never the main issue. Read more »
 
Goldman Sachs will lay off up to 3,200 workers this week
Goldman Sachs will lay off as many as 3,200 employees this week as an uncertain economic and market climate pushes the bank to hunt for cost savings, according to a person familiar with the matter. Read more »
 
Lousy headlines? No problem. Investors are thrilled
It's only early January, but so far in 2023 the pendulum on Wall Street has swung (to paraphrase Billy Joel) from sadness to euphoria. Read more »
 
Vince McMahon returns to WWE as a board member
Former World Wrestling Entertainment chief executive Vince McMahon is returning to the company as a board member, after a six-month hiatus following a hush money and sexual harassment scandal. Read more »
 
Bonds are back, but for how long?
Stocks soared on Friday to their best day in more than a month. The Dow gained 700 points and the S&P 500 and Nasdaq rose by 2.3% and 2.6% respectively, as traders bet that a slowdown in wage growth could mean that inflation may finally be cooling off. Read more »
 
 
 
 
Dow Nasdaq S&P
-112.96   +66.35   -2.99
33,517.65   10,635.65   3,892.09
-0.34%   +0.63%   -0.08%
YTD +1.12%   YTD +1.62%   YTD +1.37%
 
Biggest Winners
Norwegian Cruise Line Holdings Ltd +5.67%
 
Salesforce Inc +4.69%
 
Royal Caribbean Cruises Ltd +4.18%
 
EQT Corp +3.99%
Biggest Losers
Baxter International Inc -7.74%
 
NORTHROP GRUMMAN CORP -4.99%
 
Pfizer Inc -4.97%
 
Leidos Holdings Inc -4.40%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $74.87 +1.10 / +1.49%
Gold $1,876.20 +6.50 / +0.35%
10-yr 3.52% -0.05
Euro $1.07 +0.01 / +0.64%
More Markets Now
 
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