DJIA

Stocks Are Mixed. The Mood Lifts After 2 Big Retail Beats.

Text size U.S. housing starts in July fell more than expected and to the lowest level since early in 2021. (Spencer Platt/Getty Images) Stocks were mixed in afternoon trading Tuesday after earnings from Walmart and Home Depot topped Wall Street forecasts. The Dow Jones Industrial Average gained 256 points, or 0.8% and was on pace …

Stocks Are Mixed. The Mood Lifts After 2 Big Retail Beats. Read More »

This stock-market milestone indicates the S&P 500 could be as much as 16% higher one year from today

More technical indicators are emerging to suggest that the broad-based summer rebound in stocks might be the start of something bigger. Over the past few trading sessions, technical analysts have confronted a number of “market breadth”-related indicators that could portend further gains. For starters, the number of S&P 500 stocks trading above their 50-day moving …

This stock-market milestone indicates the S&P 500 could be as much as 16% higher one year from today Read More »

Bear market for stocks ‘incomplete,’ warns Morgan Stanley’s Mike Wilson

“‘Risk/reward is unattractive, and this bear market remainsincomplete.’” — — Michael Wilson, chief U.S. equity strategist and CIO, Morgan Stanley Morgan Stanley’s Michael Wilson, one of the Wall Street’s most vocal bears who correctly predicted this year’s stock market selloff, warned the bear market is not complete as disappointing earnings revisions in the next few …

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U.S. stock rally takes a breather as China raises worries over global growth

Soft data out of China put a damper on U.S. stocks Monday, with investors pausing for breath after last week extending a bounce off mid-June lows. How stocks are trading The Dow Jones Industrial Average DJIA, +0.35% fell 71 points, or 0.2%, to 33,690. The S&P 500 SPX, +0.21% was off 17 points, or 0.4%, …

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Inflation surge cools in July. Should you still play defense with your portfolio?

The latest surge in stocks helped lift the Nasdaq Composite COMP, +2.09% out of bear-market territory on Wednesday and the Dow Jones Industrial Average DJIA, +1.27% to exit correction territory. But the sharp upswing also prompted debate about if investors should adjust their portfolios, pivoting away from defense plays. For the past month, growth stocks …

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Are Nasdaq stocks in a bull market? A history of head fakes says slow your roll

Before passing out cigars in celebration of the birth of a baby bull market for the Nasdaq Composite, investors might want to take a look back at history. Sure, the tech-heavy gauge ended Wednesday up 20.8% from its 2022 closing low of 10,646.10 set on June 16. A rise of 20% from a recent low …

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Stock-market investors cheer July inflation data. Big-name firms like Pimco and BlackRock aren’t so sure.

Wednesday’s release of the consumer-price index report for July contained enough downside surprises to give stock investors hope the worst of inflation may be behind. Yet an undercurrent of worry remained at big-name firms like Pimco and BlackRock Inc., the world’s largest asset manager. According to Pimco economists Tiffany Wilding and Allison Boxer, the details …

Stock-market investors cheer July inflation data. Big-name firms like Pimco and BlackRock aren’t so sure. Read More »

The Nasdaq is on track to exit a bear market — and the Dow to leave correction territory — after July CPI reading

The Nasdaq Composite was on track to exit a brutal bear market Wednesday, while the Dow Jones Industrial Average was set to end a market correction, as stocks rallied in the wake of a cooler July inflation reading. The Nasdaq Composite COMP, +2.56% was up 2.5% near 12,810 in midday trade. According to Dow Jones …

The Nasdaq is on track to exit a bear market — and the Dow to leave correction territory — after July CPI reading Read More »