The indexes plummeted on rising rate worries and disappointing Goldman Sachs (GS) earnings. The benchmark 10-year Treasury rate soared to 1.85 on Tuesday. That’s the highest level since the pandemic began and up from 1.34% as recently as last month.
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So far, 2022 is playing out as expected. But of course, this is only the eighth trading day of the year.
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In two days, the S&P 500 has set two new all-time highs. Last year’s momentum is spilling over so far. But will it last?
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It’s the end of remarkable year. With just two more full market days left, the S&P 500 is up 28% for 2021.
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All eyes are on the Fed. Sure, there’s inflation and Omicron and some other stuff. But Wall Street types mostly care about the Fed.
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Everything was going so well. And then things turned sour on a dime. The party pooper virus is up to its old tricks again.
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Everything was going so well. And then things turned sour on a dime. The party pooper virus is up to its old tricks again.
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What inflation? What supply-chain issues? Headlines be damned. This market is on the cusp of yet another new all-time high.
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Times are good. After a rough September, the market soared 8% higher to a new all-time high. Earnings have been spectacular, and the bull market is back, although the market has pulled back in the last couple days.
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It was a glorious October. The S&P 500 was up about 7% for the month, more than making up for September’s 4.8% decline. Now what?
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It was a rough September in the market. But so far, October is making up for it.
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So far, October looks better than September for the market. After falling 4.8% in September, the worst month since the pandemic recovery began, the S&P 500 is up slightly for October.
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September lived up to its bad reputation. The S&P 500 fell 4.8% for the month. But September is over. Now it’s October, which is historically only the second-worst month of the year. What now?
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The market is selling off on Tuesday after briefly recovering last week. The latest worry is the debt limit. While this issue is likely to be resolved without any disaster one way or another, it puts a negative weight on an already teetering market.
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Here we are in September. So far, it’s not bad. But it’s not good either. For the first week after Labor Day, the market has drifted lower. It’s no big deal. But stocks have been losing a battle they were winning in the The...
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Over the summer, the strong economy prevailed over concerns about the virus. And the market drifted higher. We’ll see if the scales get tipped the other way in this historically tough month for the market.
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The market still looks strong. The S&P 500 is on pace for a 3% gain in the month of August, which would be the seventh straight monthly gain. The index is already up 20% for the year.
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The 10 highest paying dividend stocks in the Dow Jones Industrial all yield more than 2.6%. But which of them would I buy today?
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Things are still good in the market. The S&P 500 closed at yet another record high on Monday. That index is now up 19.27% so far in 2021 after managing to return 15.76% in pandemic-stricken 2020.
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The S&P 500 is at a new all-time high. While the market hasn’t been exciting compared to earlier this year, it’s clearly moving the right way.
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