TagS&P 500

Dow Erases 600-Point Plunge But Macro Risks Threaten US Economy

dow jones industrial average

The Dow and broader U.S. stock market executed a mammoth afternoon recovery on Wednesday to erase steep morning losses, even as global bond yields continued to unravel. Dow Pares Losses; S&P 500, Nasdaq Flip Green After plunging nearly 600 points, the Dow Jones Industrial Average had pared almost all of its losses by late afternoon. The blue-chip index was last down 21.37 points, or 0.08%, at...

Bitcoin Research Proves Crypto Is Becoming a Stock Market Hedge

bitcoin price correlation with stock market, S&P 500

More than a decade into its existence, Bitcoin is finally maturing into a full-blown stock market hedge. That's the conclusion of new research from crypto prime dealer SFOX, which indicates that Bitcoin and other major cryptocurrencies like Ethereum have developed a negative correlation with the S&P 500. This means that as the stock market bellwether index falls, the prices of the...

Dow Recoups 275 Points as China Manipulates the Market - Again

dow jones, china

The Dow and broader U.S. stock market began their long road to recovery on Tuesday after the People's Bank of China (PBoC) announced it would take decisive measures to stabilize the yuan. In other words, PBoC is manipulating the currency market in the direction that appeases stock traders. Dow Rallies; S&P 500, Nasdaq Follow Wall Street's major indexes were in recovery on Tuesday after...

Stock Market's Stuck, Revisits 2018 Levels from When Trade War Began

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With both the Dow Jones and S&P 500 hitting record highs recently, you would be forgiven for thinking that Donald Trump’s stock market has been a runaway success. However, the recent trade war turmoil has shed light on an extraordinary fact: the Dow and S&P have gone nowhere since the tariffs began in 2018. The stock market is now back at the same level it was in January 2018 -- when...

Dow Plunges 890 Points as Market Volatility Spikes to Crisis Levels

dow jones industrial average

The Dow and broader U.S. stock market hastened their declines Monday, with intraday volatility reaching its highest level in nearly eight years after the People's Bank of China effectively weaponized its exchange rate. The flight from risk benefited bitcoin, which is closely mirroring other haven investments over the past week. Dow Collapses; S&P 500, Nasdaq Follow All of Wall Street's major...

This S&P 500 Stock Impresses, Bucks the Downward Market Trend

The stock market is reeling, with the S&P 500 down nearly 3 percent in a sharp sell-off. The broader stock market index is suffering one of its worst days of the year, but if you look hard enough, some stocks are managing to buck the otherwise downward trend. Tyson Foods is among the stocks trading decidedly in the green today even as the threat of a seemingly unending trade war takes its...

Don't Blame the Fed or Tariffs Alone for this Stock Market Rout

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Stock market investors who were expecting that the Fed would be more accommodating with its monetary policy or that trade talks between the U.S. and China would go swimmingly were in for a rude awakening. Instead, they got a one-two punch comprised of a mere quarter-point interest rate cut and threats of more tariffs on China rather than any compromise. But if you take a step back and look at the...

Stock Market Outlook: Guns, Tariffs, Disney Earnings & Brexit

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The S&P 500 could face a rocky week ahead after another round of Trump trade war tweets over the weekend. However, investors have more than just the White House's ongoing tariff shenanigans to worry about when the bell rings on Monday. The president's response to a horrific run of mass shootings in California, Texas, and Ohio will also be in focus for stocks, due to the impact on gun...

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