Market Highlights: Dow Jones officially in bear market and 5 ASX small caps to watch on Tuesday
Link copied toclipboard The ASX 200 will open higher on Tuesday despite another selloff on Wall Street Investors dump risky assets as fears of recession grow FX market in turmoil Local shares are set to open higher on Tuesday. At 8am AEST, the ASX 200 October futures contract is...
Cities’ retirement costs to surge as pensions take market beating
(Bloomberg) — Cities will likely have to increase retirement contributions as public pension returns are battered by historically poor financial markets, according to a report released Monday by S&P Global Ratings. “S&P Global Ratings anticipates that market declines in 2022 and the threat of a recession will likely lead...
Dow slips into bear market as Wall Street sells on recession fears
The Dow Jones Industrial Average became the last of the major U.S. stock indexes to fall into what’s known as a bear market Monday as Wall Street deepened its slump amid growing fears of a global recession. The blue chip index fell 1.1%, while the S&P 500 closed 1%...
Everything-Selloff on Wall Street Deepens on 98% Recession Odds
(Bloomberg) — Monday brought a stark warning for Wall Street daredevils: Stocks are still in free fall and bearish sentiment is far from getting exhausted — especially with hawkish central bankers rattling recession-obsessed markets like this. Most Read from Bloomberg The S&P 500 just sank to the lowest since...
Colombia, Venezuela reopen cargo trade as relations thaw
Delegations of Colombia and Venezuela, and Colombia’s President Gustavo Petro meet at the Simon Bolivar International Bridge for the commercial reopening of the border, in Cucuta, Colombia September 26, 2022. REUTERS/Leonardo Fernandez Viloria Monday, September 26, 2022 Delegations of Colombia and Venezuela, and Colombia’s President Gustavo Petro meet at...
Akbar V And Cardi B Have Egregiously Exhausting War Of Words
Bossip Video An egregiously exhausting war of words ensued on Twitter between two female rappers who traded shade for HOURSSSSSSS over custody, a leaked sex tape turned single cover, “break dancing” dead relatives, and a certain song’s chart data. Cardi B and rapper Akbar V went head to head...
Stock futures are little changed after S&P 500 closes at lowest level since 2020
[view original post] Stock futures were little changed on Monday evening after the market started the week by continuing its dramatic September decline. S&P 500 futures and Nasdaq 100 futures up by less than 0.1%. Those tied to the Dow Jones Industrial Average rose 33 points, or about 0.1%....
AMD: A $200+ Stock When The Market Wakes Up
[view original post] Justin Sullivan Advanced Micro Devices, Inc. (NASDAQ:AMD) has grown revenues 85% CAGR the past 2 years despite being supply constrained. The company is gaining market share and increasing margins, and has a lot of room to grow. The company is likely to be earning at a...
Wall St. ends lower, Dow confirms bear market
STORY: The Dow Jones Industrial Average fell 329 points and right into a bear market on Monday… as all three of Wall Street’s main indexes plummeted amid ongoing investor fears that the Federal Reserve’s aggressive campaign against inflation could throw the U.S. economy into a sharp downturn. The Dow...
Dow Jones index in bear market, Bank of England ready to raise interest rates to prop up UK pound, Australian dollar falls further
Wall Street has fallen further into a bear market as interest rates surged after the British pound fell to a record low against the greenback and recession fears have deepened on global markets. Key points: The Dow Jones index fell 1.1pc to 29,261, the Nasdaq fell 0.6pc to 10.803, and the...