Wall Street’s main indexes closed lower on the first trading day of 2023 with Apple among the biggest drag, while investors worried about the…
Tag: stock market
This is the worst year for U.S. stock market investors since 1969
To date this year, both the U.S. stock and bond markets have posted significant declines not seen since the way back to 1969, according…
All eyes on Apple as earnings season looms
Investors expect this earnings season to be a rough one for stocks and will closely watch Apple in particular as a bellwether of economic…
Fed’s preferred gauge shows rampant U.S. inflation hotter than expected in August
According to new data released on Friday, the U.S. Federal Reserve’s preferred inflation gauge accelerated again in August…
U.S. stock futures fall on growing worries of economic downturn
U.S. stock index futures fell on Thursday on worries of rampant U.S. inflation, recession, a global economic downturn from…
Tech stocks drag stock market lower on growth concerns
The U.S. stock market’s main indexes fell on Thursday, extending declines for a third straight session, as investors worried that the…
Fed raises interest rates, pledges more hikes amid rampant inflation; warns of recession
The Fed raised interest rates and indicated it will keep hiking well above the current level as it attempts to tamp down rampant inflation …
Goldman Sachs: Rampant U.S. inflation could cause further 27% drop in the S&P 500
It’s not just that the U.S. Fed is going to be aggressive after the latest shocking U.S. inflation figure, still running at 40-year highs…
Apple supplants Tesla as Wall Street’s biggest short bet
Tesla spent 864 days as Wall Street’s biggest short bet. Now it’s Apple. A total of more than $18 billion is bet against the…
Dow plummets 1,200 points on rampant U.S. inflation
U.S. stocks fell sharply on Tuesday, with the Dow plummeting 1,200 points, after a key August inflation report came in hotter than…
Dow futures drop 400 points on hotter-than-expected U.S. inflation
A hotter-than-expected CPI report resulted in a quick reversal in stock futures Tuesday morning. Dow futures, which were…
Wall Street in the red amid rampant inflation, persistent rate hike concerns
Wall Street’s indexes slipped on Tuesday as expectations that the Federal Reserve will keep raising interest rates due to rampant inflation …
Stocks set to extend losses on U.S. inflation, interest rate worries
U.S. stock indexes were set to open lower on Monday on worries over the Fed’s interest rates hikes to combat rampant U.S. inflation in…
Based on history, Apple stock could have another monumental month
Apple stock was up an impressive 18.9% in July,still off its all-time high of $182.94, but marking its best month since August 2020…
Wall Street opens lower as Walmart warning rattles retail stocks
Major indexes fell at the open on Tuesday after Walmart’s profit warning heightened fears in the face of decades-high inflation …
Apple stock continues to lead the market higher
With Apple stock continuing to move higher, the bulls are going to need the compnay to continue its rally if they want the rest of the market…
Fed announces rate hike not seen in decades in attempt to fight rampant U.S. inflation
The U.S. Federal Reserve on Wednesday raised its benchmark interest rate by 75-basis points in an attempt to cool inflation not seen in…
U.S. stock indexes, Apple rise as tech sector erases early losses
U.S. stocks moved higher on Thursday as tech stocks like Apple, Nvidia, and others erased early losses to turn green…
U.S. stock futures rebound after flirting with bear market
U.S. stock futures rose on Monday, helped by a bounce in growth stocks, including a slight increase for Apple, after the benchmark S&P 500…
Bad news for the market: Apple stock has broken down
In an ominous sign for the market, Apple (–4.68%, $139.60) stock is in a world of hurt, trading now below a price that investors couldn’t…
Down 11.8% in one week, Apple may be approaching value territory
The U.S. stock market lost about 12% last month, and Apple has been negatively affected by dropping 11.8% in the last 7 days alone…
Saudi Aramco surpasses Apple to become world’s most valuable company
Saudi Aramco overtook Apple on Wednesday as the world’s most valuable company, fueled by a surge in oil prices amid rampant U.S. inflation…
Wall Street sells off, led by Apple shares amid inflation, rate concerns
U.S. stocks ended sharply lower on Monday, led by declines in Apple and other mega-cap growth shares as the benchmark 10-year yield…
Why Apple stock got bit on Monday
Stock markets continued to slide as in Monday trading, with the S&P 500 and the tech-heavy Nasdaq falling. Shares of tech leader Apple didn’t…
Dow plummets 1,000 points, Nasdaq loses nearly 5% in worst day of the year for stocks
The Dow Jones Industrial Average lost 1,100 points, or more than 3%. Stocks suffered their worst day of the year on Thursday…
Apple, main stock indexes end higher in see-saw trading before Fed meeting
Ahead of this week’s U.S. Federal Reserve meeting, Apple and Wall Street’s main indexes seesawed throughout the session to close higher…
Why Apple and other megacaps rallied after Russia invaded Ukraine
As Russia launched a war against Ukraine, the Nasdaq Composite — down more than 3% at Thursday’s open — mounted a furious comeback…
Stock market sells off, big tech tumbles after Russia attacks Ukraine
Stocks tumbled Thursday as some of the biggest U.S. tech stocks weren’t spared as the markets reacted to Russia’s invasion of Ukraine …
Apple, Big Tech under pressure with Nasdaq 100 on pace for worst month since 2008 financial crisis
Big Tech companies like Apple and Microsoft, which are due to report their results next week, have come under additional pressure…
Nasdaq futures weaken after weak Netflix forecast; inflation concerns
Nasdaq 100 futures slipped on Friday after a weak forecast from Netflix coupled with inflation concerns sent its shares spiraling lower…
Wall Street sell-off deepens, Nasdaq officially in a correction
Wall Street’s main indexes ended sharply lower on Wednesday, with the tech-heavy Nasdaq confirming it was in a correction, now down…
Fed’s signal of rising rates hits tech stocks, especially Apple
Apple shares gave back some gains made in recent weeks as the Fed signaled that interest rates will rise spurring selling of tech stocks …
Concern over Apple’s iPhone demand likely overblown
Bloomberg News suggested on Thursday that “demand for the iPhone 13 lineup has weakened.” This “iPhone slowdown” story is pretty much…
Stock market sell-off worsens; Apple slides on report of weakening iPhone demand
Dow Jones futures declined more than 200 points in pre-market trading on Thursday. Apple stock slid on reportedly weak iPhone demand …
Stocks tumble on weak U.S. consumer confidence
U.S. consumer confidence this month unexpectedly fell to its lowest since February, intensifying concerns about the economy’s prospects…
Dow Jones slides as Apple sells off
The Dow Jones Industrial Average fell 200 points Friday, as Apple stock sold off below a key level in today’s stock market …
Historical precedents that show Apple and other tech stocks will go higher
After a strong year for Apple shares and for technology in general – the Nasdaq Composite was up +43.6% in 2020 — it’s normal to see…
Key U.S. inflation gauge rises 3.1% year over year, higher than expected
The core personal consumption expenditures price index increased 3.1% in April year-over-year. The Fed considers it the best inflation gauge…
Tech leads stock market higher as U.S. yields cool
As investors attempt to gauge the path of inflation, U.S. stocks climbed on Monday, with both the NASDAQ and S&P 500 rallying more than…
Futures fall as tech stocks lag ahead amid inflation worries
On Wednesday, U.S. stock index futures fell for the third straight session, led by losses in rate-sensitive tech stocks on fears that…
What’s wrong with the Nasdaq?
It’s a bit confusing to look at the stock market on Monday as many of the most popular benchmarks are up sharply, yet the Nasdaq Composite…
Political worries rattle the stock market
Political worries about Georgia’s Senate runoff election Tuesday helped fuel a sharp New Year’s stock market selloff on Monday. Analysts…
