U.S. stocks skidded alongside commodities, overseas shares and bitcoin on Wednesday as investors’ risk appetite diminished.extended recent losses
Investors took refuge in less risky assets like bonds, sending the yield on 10-year Treasury notes ticking down to 1.639% from 1.641% Tuesday. Yields fall when bond prices rise. Stocks are likely to be volatile and could experience a 10% correction meanwhile, Ms. Dufossé said, though she added that the market is drawing support from strong earnings growth and evidence that coronavirus vaccines are highly effective. The S&P 500 closed just 2.5% below its all-time high on Tuesday, despite falling for five of the past seven trading days.bitcoin has plunged
Investors will seek to glean clues about the Fed’s thinking when minutes of its April meeting are published at 2 p.m. ET. Officials voted unanimously to
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Protect the oceans! Thread:
At the end of the day, if technology doesn’t deliver more than it subtracts, what could its actual worth be? All this data can be re-amassed by a simple AI program in less than 15 years. Selfishness at petabyte speeds does nothing for the economy. Get a clue, Corporate America.
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'Israel is an apartheid state. My government and my military commanders are war criminals.' This is what a former Israeli Air Force pilot said about Israel's repression policies against the Palestinians
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European markets set to plunge at open, following global stocks lowerEuropean stocks are expected to open sharply lower on Wednesday, following a global dip in stocks. As I said before, the US is already at FULL employment. People are either hired/paid by employers to work or hired/paid by government to stay at home. Few understand this. Bitcoin down, global markets down, US futures down. The bad news is there are only 3m shares of $RIOT available to short.
Source: CNBC - 🏆 12. / 72 Read more »
5 things investors in retail stocks can learn from the biggest U.S. mall ownerWhen U.S. mall owner Simon Property Group reported its latest quarterly financial results, CEO David Simon had some insights to share about the state of retail. Pro
Source: CNBC - 🏆 12. / 72 Read more »
European stocks and U.S. equity futures are under pressure as inflation worries persistStocks in Europe pick up on selling from Asia and a downbeat day on Wall Street ahead of Federal Reserve minutes. Except the average investor isn't selling. And inflation is transitory and the professionals aren't worried about it. They're profit taking and hoping to leave the retailer holding the bag. But that's less glamorous for you to report Isn't this always the case
Source: MarketWatch - 🏆 3. / 97 Read more »
Stocks fall for the second straight day, led down by techTech stocks powered the market rebound last year, but they're up only 2.6% this year -- the lowest gain among the S&P 500's 11 sectors. Why does NYC Wall St alwayz gotta hammer Palo Alto, CA n their UC Berkeley Brood$
Source: latimes - 🏆 11. / 82 Read more »
Stocks are down as pressure on tech continues — Here's what investors are saying about the marketsStocks are down as pressure on tech continues — Here's what investors are saying about the markets (via TradingNation)
Source: CNBC - 🏆 12. / 72 Read more »
Jim Cramer sees more pain ahead in cloud stocks, but some names are getting enticing'Without a major decline in interest rates, I think the cloud cohort will continue to struggle and there's no hurry to do any buying,' the 'Mad Money' host said. AMCSqueeze AMC100K let go champs Cramer got the market wrong all the way 2 week ago he recommended AMD at top , it was nice to warn us at top but not now after the event and big drop in the tech stocks to warn us , stop manipulate the market .
Source: CNBC - 🏆 12. / 72 Read more »