Is The U.S. Economy Already In A Recession?
One of the biggest concerns weighing on the SPDR S&P 500 ETF Trust (NYSE: SPY) in 2022 is that inflation and rising interest rates will trigger a U.S. economic recession.
Employment Secured: Americans Could Rotate Into These 12 Jobs During A Recession
Fears of a recession are intensifying, and the murmurs coming from Wall Street to the White House are becoming too strong to ignore.
President Joe Biden recently said a recession is "not inevitable," though private equity firms and a good portion of Americans beg to differ.
USA ISM Non-Manufacturing PMI for Jun 55.300M vs 54.300 Est; Prior 55.900
USA ISM Non-Manufacturing PMI for Jun 55.300 million vs 54.300 consensus estimate. The prior reading was 55.900.
USA S&P Global Composite PMI for Jun 52.300 vs 51.200 Est; Prior 51.200
USA S&P Global Composite PMI for Jun 52.300 vs 51.200 consensus estimate. The prior reading was 51.200.
Markets Looking For Recession-Related Comments From Fed, Here’s The Major Macro Issues For Wednesday
The Nasdaq 100 index settled higher on Tuesday, with shares of Tesla Inc (NASDAQ: TSLA) gaining around 2.5% despite JPMorgan lowering the price target on the stock from $395 to $385.
US Treasury Yield Curve Inverts Again As Dow Jones Index Plummets 130 Points
The U.S. Treasury Yield Curve inverted Tuesday, July 5, while the SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA: DIA) fell 129.44 points.
It's another sign that the economy is heading into a recession more and more each day.
S&P 500 Posts Worst First Half Loss Since 1970: What It Means And What Could Be Next
In mid-June, the U.S. stock market fell into market correction territory with the S&P 500 trading down 20% from its all-time highs.
The stock market index just turned in its worst first half since 1970 with several macro trends playing out. Here’s a look at what happened and what could be next.
Apple, Microsoft, Disney And American Express Continue To Plummet: Dow Jones Index Has Worst First Half In Decades
The U.S. Stock Market has had a rough 2022 so far and the SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA: DIA) has been no exception to that. Since the start of the calendar year, the index has lost close to 6,000 points as inflation continues to rise and consumer spending falls.
USA ISM Manufacturing for Jun 53.000 vs 54.900 Est; Prior 56.100
USA ISM Manufacturing for Jun 53.000 vs 54.900 consensus estimate. The prior reading was 56.100.
USA Markit Manufacturing PMI for Jun 52.700 vs 52.400 Prior
USA Markit Manufacturing PMI for Jun 52.700 vs 52.400 prior reading.