S&P 500 posts worst first half since 1970, Nasdaq falls more than 1% to end quarter
[view original post] Tanaya Macheel, CNBC and Pippa Stevens, CNBC June 30, 2022, 3:11 PM Stocks fell on Thursday, as the S&P 500 capped its worst first half in more than 50 years. The Dow Jones Industrial Average shed 279 points, or 0.9%, to 30,749.81. The S&P 500 slid...
S&P 500 Posts Worst First Half Loss Since 1970: What It Means And What Could Be Next
[view original post] In mid-June, the U.S. stock market fell into market correction territory with the S&P 500 trading down 20% from its all-time highs. The stock market index just turned in its worst first half since 1970 with several macro trends playing out. Here’s a look at what...
S&P 500 Climbs as Rising Consumer Stocks Offset Chip-Led Dent in Tech
[view original post] By Yasin Ebrahim Investing.com — The S&P 500 cut losses to climb higher Friday, as a jump in consumer stocks offset a chip-led dip in tech following weaker guidance from chipmaker Micron. The S&P 500 rose 0.3%, the Dow Jones Industrial Average gained 0.3%, or 105...
S&P 500 Finishes Off Worst First Half Of Any Year Since 1970
[view original post] Stock prices dropped sharply this week as the SPDR S&P 500 ETF Trust (NYSE: SPY) completed its worst first half of any year in more than half a century. The S&P 500 dropped 20.6% in the first six months of 2022, its worst performance in the first two...
Stock Market Today: Dow Rides Consumer Stocks Higher to Make Strong Start to Q3
[view original post] © Reuters Stock Market Today: Dow Rides Consumer Stocks Higher to Make Strong Start to Q3 By Yasin Ebrahim Investing.com — The Dow staged a late-day revival Friday, making a positive start to the third quarter underpinned by a jump in consumer stocks offsetting a Micron-fueled...
U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.05%
[view original post] © Reuters U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.05% Investing.com – U.S. equities were higher at the close on Friday, as gains in the Utilities, Consumer Services and Telecoms sectors propelled shares higher. At the close in NYSE, the Dow...
Atlanta Hawks Trade Kevin Huerter to Sacramento Kings
[view original post]It’s the end of an era in Atlanta. After four seasons, Kevin Huerter has been traded to the Sacramento Kings. The Hawks receive Justin Holiday, Mo Harkless, and a future first round draft pick. This news was broken by none other than Adrian Wojnarowski of ESPN. There...
1H 2022 Portfolio Review – Avoiding A Personal Bear Market
[view original post] utah778/iStock via Getty Images Market Recap The first half of 2022 was the worst one since 1970 with the S&P 500 index ETF (SPY) returning -20.0% including dividends. The top sectors are no surprise. Energy (XLE) was the clear winner with a 27.6% total return as...
What the Grateful Dead and the stock market have in common
[view original post] TechCrunch Steve Jobs to receive posthumous Medal of Freedom The Biden administration announced today that Steve Jobs is receiving the Presidential Medal of Freedom posthumously. Steve Jobs died on October 5, 2011, from complications following a relapse of pancreatic cancer. Jobs is among a list of...
INVESTING EXPLAINED: What you need to know about dead cat bounce, stock market slang for a short-term reprieve, rather than a real revival
[view original post]In this series, we bust the jargon and explain a popular investing term or theme. Here it’s dead cat bounce. Call the RSPCA! The term – which some find tasteless – is a piece of stock market slang. It is often heard when stock markets stage a...