US stocks turn lower after weak consumer-confidence reading

Stagflation, reflation, soft landing or a slump --- what Wall Street expects in the second half of 2022

US stocks gave up early gains to turn lower Tuesday after a consumer-confidence reading came in weaker than expected. What’s happening The Dow Jones Industrial Average DJIA, -0.69% was down 185 points, or 0.6%, at 31,253. The S&P 500 SPX, -1.07% fell 38 points, or 1%, to 3,862. The Nasdaq Composite COMP, -1.85% dropped 202 … Read more

US stocks turn lower after weak consumer-confidence reading

Stagflation, reflation, soft landing or a slump --- what Wall Street expects in the second half of 2022

US stocks gave up early gains to turn lower Tuesday after a consumer-confidence reading came in weaker than expected. What’s happening The Dow Jones Industrial Average DJIA was down 185 points, or 0.6%, at 31,253. The S&P 500 SPX fell 38 points, or 1%, to 3,862. The Nasdaq Composite COMP dropped 202 points, or 1.8%, … Read more

US stock futures trim gains on view bad news is good news — and vice versa

US stock futures trim gains on view bad news is good news — and vice versa

US stock futures trimmed early gains after a stronger-than-expected rise in durable-goods data partly offset expectations for a slowing economy that in turn could limit the magnitude of Federal Reserve rate hikes. What’s happening Futures on the Dow Jones Industrial Average YM00, +0.11% erased a triple-digit gain to remainup 23 points, or 0.1%, at 31,510. … Read more

Recession is challenging inflation as top fear among stock and bond investors

Recession is challenging inflation as top fear among stock and bond investors

It’s easy to want to duck for cover given the carnage seen this year in stocks and bonds, particularly with the Federal Reserve vowing to wage an unconditional battle against high inflation. While inflation running at a 40-year high still sits near the top of the list of worries for many investors, another potential bugaboo … Read more

Berkshire Hathaway Stock Hits Hard in June. Warren Buffett Is Probably Unfazed.

Berkshire Hathaway Stock Hits Hard in June.  Warren Buffett Is Probably Unfazed.

Text size Berkshire has scaled back its stock repurchase program this year, and that may be sending a message that CEO Warren Buffett doesn’t view the stock as being so cheap. Bill Pugliano/Getty Images Despite what CEO Warren Buffett has called its Fort Knox balance sheet with over $100 billion in cash, Berkshire Hathaway hasn’t … Read more

Crypto crash: forced selling cools down; correlation with equities back in focus

Ethereum could 'take over everything', and there won't be a multi-chain future, says EY's blockchain leader

Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’ll walk you through what’s going on in the current bear market. As usual, find me on Twitter at @FrancesYue_ to send feedback, or tell us what you think we should cover. You can also reach me through email … Read more

Here’s how you can compound dividend stocks to double the S&P 500’s return

Here's how you can compound dividend stocks to double the S&P 500's return

Companies announce dividend increases all the time, but here’s one that points to a simple investing strategy that can lower your risk and make you a lot of money over the years. Maybe it isn’t so exciting on the surface: Kroger Co. KR, a supermarket operator, raised its quarterly dividend payout by quite a bit, … Read more

Elon Musk joins the growing chorus fearing a US recession. But there are stocks for that.

Elon Musk joins the growing chorus fearing a US recession.  But there are stocks for that.

Look out above, the dip buyers are back in town. Stocks are soaring — for now — as Wall Street returns from a long holiday weekend, with Fed Reserve Chair Jerome Powell testifying in front of Congress this week. The buying mood comes after the S&P 500’s worst week since March 2020, including its fall … Read more

Trillion-dollar crypto collapse sparks flurry of US lawsuits – who’s to blame?

Trillion-dollar crypto collapse sparks flurry of US lawsuits – who's to blame?

With investors worldwide looking at a $1.5 trillion in recent cryptocurrency losses, a blizzard of class-action lawsuits are being prepared. One big question is: who, if anyone, is to blame? See: Bitcoin slumps below $20,000 as cryptocurrency rout rolls on US federal regulators say 46,000 people have reported losing $1bn in crypto to scams since … Read more

What the Fed’s biggest rate hike in decades means for the bear market in bonds

What the Fed's biggest rate hike in decades means for the bear market in bonds

Historically bad. That’s how the mammoth $53 trillion US fixed-income market has performed this year as the Federal Reserve works to curtail high inflation threatening to wreck the economy. To turbo charge the effort, the Fed on Wednesday fired off its biggest benchmark interest rate increase in nearly thirty years. But what does that mean … Read more