U.S. stocks have worst day in nearly three weeks as hawkish Fed speak, China worries rattle markets

U.S. stocks had their worst day in nearly three weeks on Monday as protests in China raised global-growth risks and Federal Reserve officials said more interest-rate increases will be needed to subdue inflation. How stocks traded The Dow Jones Industrial Average DJIA, -1.45% finished down by 497.57 points, or 1.5%, at 33,849.46, not far from … Read more

XPeng Stock Is Quietly Becoming More Controversial Than Tesla

Shares of pure-play electric vehicle producers can be controversial on Wall Street. High-growth car stocks can be difficult to value when the traditional auto players trade for less than seven or eight times estimated earnings. Shares of Chinese EV maker XPeng (ticker: XPEV) are now one of the most controversial EV stocks, supplanting even Tesla … Read more

Bye-Bye, Bear Market? The Worst Could Be Over for Stocks.

Bye-Bye, Bear Market? The Worst Could Be Over for Stocks.

Stocks Are Clawing Their Way Back. Consider These Moves for 2023.

Stocks Are Clawing Their Way Back. Consider These Moves for 2023.

Is the Stock Market Open Today? Here Are the Thanksgiving and Black Friday Hours.

Instead of gearing up to trade Thursday, investors may be defrosting their Thanksgiving turkeys—and clipping coupons ahead of Black Friday. This year, Thanksgiving and Black Friday come after two days of stock market gains. On Wednesday, the Dow Jones Industrial Average, the S&P 500, and the Nasdaq Composite all finished higher after the release of … Read more

U.S. stocks rise as traders digest economic data, await Fed minutes

U.S. stock indexes rose on Wednesday, as investors digested a batch of economic data and awaited the latest minutes of the Federal Open Market Committee meeting. How are stock indexes trading? The Dow Jones Industrial Average DJIA, +0.46%  rose 136 points, or 0.4% to 34,233 The S&P 500 SPX, +0.61%  gained 18 points, or 0.5% … Read more

Stocks Surged on an Inflation Reading. But the Bear Market Isn’t Over.

Investors finally got the inflation reading they were looking for, and are likely to get a split government for the next two years. That combination propelled stocks to their best weekly showing since June. On Friday, the S&P 500 even briefly crossed the 4,000 threshold, a level it hadn’t breached in two months. The S&P … Read more

Amazon Has Lost $1 Trillion in Market Cap. Ouch.

Amazon.com has now lost more than $1 trillion in market capitalization, the most ever by a U.S. company and the first time one company has shed that much market value. It’s a painful reminder to investors that valuation multiples change dramatically in bear markets. Amazon (AMZN) shares hit a new 52-week low on Wednesday, closing … Read more

Elon Musk Sold $4 Billion More Worth of Tesla Stock. The Timing Is Odd.

Investors were waiting for stock sales from Tesla CEO Elon Musk, guessing he needed to sell more shares to finish his Twitter purchase. He sold more stock, but it happened after the Twitter deal closed. Musk disclosed the sale of 19.5 million shares of Tesla (ticker: TSLA), or about $3.95 billion of it, in 38 … Read more

Why Is Tesla Stock Dropping? Blame Twitter.

Tesla stock is having a miserable end to the week. Yes, it’s probably related to Twitter. Tesla (ticker: TSLA) stock was up to start Friday along with the rest of the market. Shares traded as high as $223.80, up almost 4%. Then came the November jobs report.