By STAN CHOE, AP Business Writer NEW YORK (AP) — Fears about a possible recession are pounding markets Monday, and Wall Street’s S&P 500 tumbled into the maw of what’s known as a bear market after sinking more than 20% below its record set early this year. The S&P 500 […]
Bear
Bear Market News And How To Handle A Market Correction
BEAR MARKET UPDATE: The Nasdaq staged a bullish follow-through day Thursday, surging 2.7% in higher volume and kickstarting a new uptrend. It managed to maintain the momentum Friday, albeit in mixed volume. Now, investors have the green light to start buying leading stocks that are breaking out past correct buy […]
Final-Hour Rally Yanks Wall Street From Maw of Bear Market | Business News
By DAMIAN J. TROISE and STAN CHOE, AP Business Writers NEW YORK (AP) — Wall Street rumbled to the edge of a bear market Friday after another drop for stocks briefly sent the S&P 500 more than 20% below its peak set early this year. The S&P 500 index, which […]
A Bear Market Is Hitting Wall Street. Here’s What That Means | Business News
By STAN CHOE and ALEX VEIGA, AP Business Writers NEW YORK (AP) — Investors on Wall Street need a place to hide. The stock market’s skid this year has pulled the S&P 500 within the grasp of what’s known as a bear market. Rising interest rates, high inflation, the war […]
Bear Market Could Last Until October, BofA Says
US stocks have further to fall even after a steep decline this week, Bank of America said Friday. The Nasdaq this week fell 5% in one session as investors grapple with tighter Fed monetary policy. Based on previous bear markets, the bank foresees the decline in stocks ending in October […]
How Worried Should You Be About a Bear Market? | Business News
If you know of local business openings or closings, please notify us here. · Juliette Bridals by Ivana has relocated to 161 Glenworth Rd., Pottsville and is having a “relocation celebration” on May 19 at noon. · Iqor has opened a new 30,000 square-foot call center in Allentown · Life Advance Fitness […]
Morgan Stanley warns of potential bear market in US stocks
New York CNN Business — Stock markets are turbulent and Morgan Stanley is warning clients the ride is about to get even bumpier. Investors have “very few places to hide” in markets right now, with even defensive stocks succumbing to the pressure in recent days, Morgan Stanley equity strategists led […]
Will the Housing Market Crash? Here Are the Bull and Bear Cases.
Concerns about a housing-market crash are growing as the Fed begins hiking interest rates. Over the past few weeks, we’ve collected experts’ views on the direction of the market. Below, we’ve compiled four pieces highlighting both bearish and bullish views on the market. Loading Something is loading. With mortgage rates […]