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Stocks Tumble as Fed’s Powell Promises to Crush Inflation

Stocks Tumble as Fed’s Powell Promises to Crush Inflation

Stocks fell again last week as the Federal Reserve emphasized its plans to crush inflation with higher interest rates. "Reducing inflation is likely to require a sustained period of below-trend growth," Fed Chairman Jerome Powell warned investors on Friday morning. He...

Stocks Teeter Again as Investors Nervously Eye Rising Bond Yields

Stocks Teeter Again as Investors Nervously Eye Rising Bond Yields

Stocks tumbled again last week as investors brace for a potentially major increase in bond yields. The S&P 500 slid 0.3 percent between Friday, January 7, and Friday, January 14. It was the index's second straight weekly decline after failing to hold new highs...

Nasdaq Leads Stocks to New Highs as ‘Goldilocks’ Returns

Nasdaq Leads Stocks to New Highs as ‘Goldilocks’ Returns

Stocks rebounded last week, led by the Nasdaq-100, as "Goldilocks" conditions return. The S&P 500 rose 0.7 percent between Friday, November 12, and Friday, November 19. However the big move came from the Nasdaq-100, which gained 2.5 percent as semiconductors and...

Money Shifts to Emerging Markets With Stocks Back Near Record Highs

Money Shifts to Emerging Markets With Stocks Back Near Record Highs

Stocks inched higher again last week as investors focused on companies that will benefit from the global pandemic easing. The S&P 500 rose 0.6 percent between Friday, May 28, and Friday, June 4. Buyers focused heavily on energy, which ripped almost 7 percent....