Rebecca Ungarino, provided by Published 7:58 am CST, Thursday, January 10, 2019 Winners of the oil price crashCountries that are net importers of crude oil and industries with high fuel costs are likely to see huge benefits as crude oil remains low. Winners of the oil price crash Countries that are net importers of crude oil and industries with high fuel costs are likely to see huge benefits as crude oil remains low. Photo: JAY DIRECTO, AFP/Getty Images Photo: JAY DIRECTO, AFP/Getty Images Image 1 of / 23 Caption Close Image 1 of 23 Winners of the oil price crashCountries that are net importers of crude oil and industries with high fuel costs are likely to see huge benefits as crude oil remains low. Winners of the oil price crash Countries that are net importers of crude oil … [Read more...] about Bank of America is using the news in a unique way to uncover what’s driving the stock market
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Annalee Monroe Arizona Republic Published 8:00 AM EST Dec 28, 2018 MEDIA: Web. WHO SAID IT: Christine Romans, CNN chief business correspondent. THE COMMENT: "You've got the worst quarter since 2008 and that awful, awful worst December since 1931." FORUM: TV segment on Dec. 17. WHAT WE'RE LOOKING AT: Has the stock market performed its worst December since 1931, and its worst quarter since 2008? ANALYSIS: The stock market's prolonged drops in the last months have resurfaced worries about dark economic times such as the Great Depression and Great Recession. Is the stock market that bad? AZ Fact Check takes a look. Tough quarter and blue December Christine Romans, CNN's chief business correspondent, said during a Dec. 17 segment that the stock market has had the worst December since 1931 and the worst quarter since 2008. In 2008, the Great Recession was underway and, in December 1931, the Great Depression … [Read more...] about Fact Check: What’s up with the stock market?
Visit The Boston Globe Share on Twitter Share on Facebook Comment on this Scroll to top of page Larry Edelman Globe Staff November 13, 2018 Welcome to Talking Points AM for Tuesday, Nov. 13. US stock futures are recovering a bit from yesterday's big drop, after a mostly down day in Asia and gains in Europe (see more in Off the Top below). Here's what else is happening in business. AM Headlines It's an early Christmas for New York and Crystal City, Va.: Amazon is set today to officially crown the Big Apple and the Washington, D.C., suburb as the winners of The Great HQ2 Bake-off. (WSJ) US-China trade talks back on: Treasury Secretary Steven Mnuchin has resumed discussions with his Chinese counterpart, Vice Premier Liu He. (MarketWatch) Small business confidence remains strong: Optimism among independent businesses continued its two-year streak of record highs in October, according to the National Federation of … [Read more...] about What’s wrong with the stock market? Hint: Trump has it wrong.
Is a recession ahead of us? Spencer Platt/Getty Images The U.S. stock market saw the biggest tumble since 2011 on Wednesday after a sweeping tech stock sell-off sent the Dow Jones Industrial Average and S&P 500 to tank more than three percent and the Nasdaq to fall four percent.Is this just a temporary correction? Or is it the end of the bull market? There are many factors at play—the historically long growth of tech stocks; the Fed’s recent interest hike; and the escalating trade tensions between the U.S. and the rest of the world.Should investors wait for a rebound? Or should they cut and run? Here’s what Wall Street’s top analysts and investors think you should do.Subscribe to Observer’s Business NewsletterMajor tech stocks will likely see another five percent fall, except Apple. — Gene Munster, founder of Loup Ventures and former top tech analyst. “Brace yourself” for more sell-off in tech stocks, Munster, … [Read more...] about Where Is the Stock Market Heading After Wednesday’s Crash? 4 Experts Weigh In
Adam Shell USA TODAY Published 7:26 AM EDT Oct 11, 2018 It sure felt like a sell-everything day on Wall Street: Stock prices plunged, and talk of a panic and comeuppance for the nearly 10-year old bull market took hold. So why did stock prices fall so far, so fast, seemingly out of nowhere? And what explains the 832-point drop for the Dow Jones industrial average just a week after the blue-chip stock gauge notched a record high? While there's never a perfect answer to explain how market psychology can turn on a dime, here's how financial pros are making sense of the worst day for the Dow since February, and a big decline in popular technology stocks. What sparked the fall? Nervousness had been building for days on Wall Street. The catalyst was the recent spike in the yield on a closely watched government bond to a seven-year high. The 10-year Treasury note -- whose key rate impacts the pricing on things ranging from fixed-rate mortgages to stocks to virtually every financial … [Read more...] about Why did the stock market drop? Here are the reasons for the Dow plunge