Shares of Rivian Automotive Inc. closed 7.3 percent lower on Monday after the electric-vehicle maker recalled nearly all its vehicles, heightening investor concerns that the company may not be able to meet its 2023 production target. Rivian’s market capitalization dropped more than $2 billion to $31.1 billion in a single day, compared with automakers such…
Stocks Close Lower on Wall Street Ahead of Earnings Reports
Wall Street added to its recent string of losses Monday, as stocks fell ahead of a busy week of inflation updates and the start of corporate earnings reporting season. The S&P 500 fell 0.7 percent, extending its losing streak to a fourth day. The Dow Jones Industrial Average lost 0.3 percent after wavering between small gains…
How Major US Stock Indexes Fared Monday Oct. 10, 2022
Stocks closed lower on Wall Street ahead of the beginning of the corporate earnings reporting season, which will provide insight into how high inflation and rising interest rates have been affecting U.S. companies. The S&P 500 fell 0.7 percent Monday. The Nasdaq fell 1 percent, while the Dow fell 0.3 percent U.S. bond trading was…
Investing: Ranking the Small Online Brokers
By Nellie S. Huang From Kiplinger’s Personal Finance Brokerage start-ups such as Robinhood, M1 Finance, and SoFi are tiny compared with the trillions of dollars in brokerage assets at the likes of Schwab and Fidelity. But they’ve already made a big dent in the way things work. These newcomers pioneered commission-free stock trading and fractional-share…
PayPal Stock Plunges Despite Pulling Controversial Policy Fining users $2,500 for ‘Misinformation’
PayPal’s stock dropped more than 6 percentage points on Monday after reports emerged that the firm may attempt to fine people $2,500 for spreading “misinformation” via the platform. Over the weekend, the company told The Epoch Times that “PayPal is not fining people for misinformation and this language was never intended to be inserted in…
Wall Street Opens Higher After Three-Day Selloff
Wall Street’s main indexes opened higher on Monday, as investors picked up beaten-down stocks following a three-day selloff last week. The Dow Jones Industrial Average rose 122.30 points, or 0.42 percent, at the open to 29,419.09. The S&P 500 opened higher by 7.85 points, or 0.22 percent, at 3,647.51, while the Nasdaq Composite gained 7.54…
Dollar Rises as Case for US Rate Hikes Firms
October 10, 2022
admin
Business & Marketseconomic policieseconomyenergyForexglobalGold and CommoditiesinflationMarketsrecessionstocks
0 Comment
LONDON/SYDNEY—The dollar inched higher on Monday as investors set their sights on inflation data later in the week which is expected to show that price pressures remain strong. Meanwhile, sterling slipped for the fourth straight session even after the Bank of England (BoE) expanded its support for markets. U.S. data due on Thursday is forecast…
Oil Falls as China Demand Concerns Fuel Recession Fears
October 10, 2022
admin
Business & Marketseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsOilrecessionstocks
0 Comment
LONDON—Oil prices fell on Monday, ending five straight days of gains, as investors looked to slowing economic activity in China, the world’s biggest crude importer, which revived concerns about a global recession and falling global fuel demand. Brent crude futures for December settlement fell by as much as 1.1 percent, and was last down 77…
Stocks Fall After Ukraine Attacks and Rate Outlook Spark Flight to Safety
October 10, 2022
admin
Business & Marketseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsrecessionstocks
0 Comment
LONDON—Global shares fell on Monday after a series of explosions in the Ukrainian capital and renewed concern about the economic outlook sent investors into safe-haven assets such as the dollar and bonds. Any belief that the Federal Reserve will shift to a softer stance towards monetary policy was extinguished on Friday by data that showed…
The Savings Game: Don’t Give up on the Stock Market
By Elliot Raphaelson From Tribune Content Agency Investors in both the stock and the bond markets are understandably nervous. The Federal Reserve has indicated that until inflation is under control, it will continue to increase interest rates. As long as that happens, it is likely that both bond prices and stock prices will remain under…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta