Stocks are off to an ugly start for this year. The S&P 500 is expected to see its worst month since March 2020. The drop comes ahead of the Federal Reserve’s interest rate hikes that are expected this year. Tech stocks have been especially hard hit by rising bond yields as investors rotate out of risky growth stocks and into safer assets.
that the worst may be yet to come, predicting that stocks may continue to fall amid disappointing corporate earnings and the Fed’s tightening monetary policy.With investors preparing for a rising interest rate environment, government bond yields have jumped: The benchmark 10-year Treasury note sits near two-year highs at 1.78%. Surging rates have put growth stocks, particularly shares of tech companies, under major selling pressure in January.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
GameStop, AMC meme revolution: one year since retail investors took stocks on wild rideA year ago in January, the U.S. stock market got a jolt and an in-your-face introduction to a fresh crop of meme stocks as the retail trading community and Reddit traders waged war against short-sellers and hedge funds. RiggedMarket
Source: FoxBusiness - 🏆 458. / 53 Read more »
Here are Wall Street's favorite Nasdaq stocks as 'signals around bottoms are starting to appear'Analysts at Jefferies see “signals that tend to perk up around bottoms are starting to appear.” Here are stocks in the Nasdaq-100 Index that are expected to rise in price by up to 72% over the next year. Old letter's nice products made in china!
Source: MarketWatch - 🏆 3. / 97 Read more »
Citi upgrades Netflix and Spotify to buy, says subscription tech stocks look cheapNetflix and Spotify look like buys after a rough few months, according to Citi. Lol well that’s a dumb reason. Watch they drop by another 10%
Source: CNBC - 🏆 12. / 72 Read more »
Dow Jones Technical Analysis: Return of Stocks\u2019 DeclineThe Dow Jones Industrial Average jumped, rising in its recent trading at the intraday levels to achieve sharp gains in Wednesday\u0027s trading by 1.65%.
Source: Daily_Forex - 🏆 567. / 51 Read more »
Goldman Sachs says that 5 stocks on the S&P 500 could rally over 80% this yearGoldman Sachs' list of top stock picks includes a bunch of S&P 500 companies, including five that it says have serious potential upside. Pro If $gs Goldman Sachs really believed these five stocks could rally 80% they’d never tell you.
Source: CNBC - 🏆 12. / 72 Read more »
Goldman Sachs says these 5 global stocks could rally over 80% this yearGoldman Sachs' list of top stock picks includes five that it says have serious potential upside.
Source: CNBC - 🏆 12. / 72 Read more »