Prominent Apple, Tesla Analyst Warns Of More Pain For US Stocks In Coming Months
The tech-heavy Nasdaq Composite Index on Thursday pulled back to a two-year low amid selling in stocks, including Apple Inc. (NASDAQ: AAPL) and Tesla Inc.
Nasdaq, S&P 500 Surge Ahead Of Market Open As US Stocks Look To Fight Back After Sell-Off: Nike And Peers In Focus
The major U.S. index futures point to a positive start on Friday, reversing the sharp declines in the previous session. The week witnessed see-sawing movement in the market and it remains to be seen if the indices can rally hard to close the week in the green.
US Personal Consumption Expenditures Might Rise By This Much In August, Here Are The Major Macro Issues For Friday
U.S. stocks closed lower on Thursday with the Nasdaq Composite dropping more than 300 points amid a rise in Amazon.com, Inc. (NASDAQ: AMZN) and Apple Inc. (NASDAQ: AAPL) shares.
US GDP Might Contract By This Much In Second Quarter, Here Are The Major Macro Issues For Thursday
U.S. stocks closed higher on Wednesday with the Nasdaq Composite climbing more than 200 points amid a rise in Amazon.com, Inc. (NASDAQ: AMZN) and Microsoft Corporation (NASDAQ: MSFT) shares.
Ray Dalio Says UK Operating ‘Like An Emerging Country,’ Spending Plan ‘Suggests Incompetence’
The rout in the financial market resulting from the U.K. government’s spending plan “suggests incompetence,” billionaire investor and founder of Bridgewater Associates, Ray Dalio, said in a series of tweets.
Google Trends Data Shows ‘Recession’ Searches Have Soared 355% This Year
The SPDR S&P 500 ETF Trust (ARCA: SPY) has faced selling pressure for most of 2022 on continued supply-chain constraints, lingering COVID-19 lockdowns in China and rising inflation concerns.
Janet Yellen Says US Monitoring UK Developments, Both Countries Share Inflation Woes
U.S. Treasury Secretary Janet Yellen said the United States was monitoring developments in Britain after the government announced a fiscal program that dragged the pound to a record low against the dollar.
‘Big Short’ Investor Michael Burry Says This Could Be The Real Reason Yields Are Rising Despite Deflation Talks
"Big Short" investor Michael Burry has pointed out in his now-deleted tweet that rising yields across the curve despite a widespread prediction that deflation could be on the cards is likely a function of quantitative tightening.
Larry Summers ‘Glad’ IMF Recognizes ‘Gravity’ Of British Situation: Here’s His Take On Inflation
Former Treasury Secretary Lawrence H. Summers has expressed his delight at the International Monetary Fund urging the United Kingdom to re-evaluate its unprecedented tax cuts.