Consumer goods

‘Oh my gosh, why am I not in the market?’ This forecaster says investors will be shocked by what’s about to happen next

Slower, but higher rates and no pivot this side of Christmas. It was the message from Fed Chairman Jerome Powell after the central bank’s fourth straight hike. Bruised investors look set to continue selling stocks on Thursday as yields rise. Not everyone agrees with Powell. “The Fed is making a huge policy mistake, and they …

‘Oh my gosh, why am I not in the market?’ This forecaster says investors will be shocked by what’s about to happen next Read More »

These five stocks in the S&P 500 lost almost half a trillion dollars in value in one day amid widespread wipeout

A drop in gasoline prices couldn’t mask the problem that spooked investors on September 13: core consumer prices resumed their rapid rise in August. Fear of the Federal Reserve’s continued monetary policy tightening to fight inflation sent the Dow Jones Industrial Average DJIA down 1,276 points (or 3.9%) to 31,104, with all 30 components posting …

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Here are the worst (and best) performing stocks of August and for 2022

After a strong showing in July, when stock indexes rebounded from their 2022 lows of June, U.S. equities abruptly reversed course in August. Here’s the damage: Index Price change – July 29 through Aug. 30 Price change – 2022 through Aug. 30 Price change – 2021 S&P 500 SPX -3.5% -16.4% 26.9% Dow Jones Industrial …

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Dow drops 300 points as options expiration unleashes volatility in stocks

U.S. stocks traded lower on Friday as more than $2 trillion in stock-linked options expired, as investors digested more hawkish comments from the Federal Reserve. How are stock index futures traded? The Dow Jones Industrial Average DJIA, -0.78% fell 302.06 points, or 0.9%, to 33,695. The S&P 500 SPX, -1.20% fell 57 points, or 1.4%, …

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Ryan Cohen cashed out of Bed Bath & Beyond stock with more than $58 million profit; shares plunge again

Investor Ryan Cohen confirmed he had sold his entire stake in retailer Bed Bath & Beyond Inc. at a profit of more than $58 million, and the shares fell in after-hours trading for a second consecutive day on Thursday. A filing with the Securities and Exchange Commission that was made public after markets closed on …

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