Dow Jones

The broader S&P 500 fell 2.4%. That index is now more than 20% below its all-time high set in January, putting stocks in bear-market territory. Stocks briefly ...

The Dow is still some way off a bear market. It has fallen 15% from the all-time high it reached on the last day of 2021. If the S&P 500 closes in a bear market, the bull run that started on March 23, 2020 will have come to an end. Over the past century, bull markets have lasted an average of about 60 months. Bear markets historically last an average of 19 months, according to Silverblatt. At that point, the Fed would resume standard quarter-point hikes, he said.

Bear market – a plummet of 20% or more – comes as investors fret about high inflation and possibility of further rate increases.

The last bear market wasn’t that long ago, in 2020, but it was an unusually short one that lasted only about a month. If the two-year yield tops the 10-year yield, some investors see it as a sign of a looming recession. Bitcoin tumbled more than 18% and dropped below $22,700, according to Coindesk. It’s back to where it was in late 2020 and down from a peak of $68,990 late last year. No one thinks the Fed will stop there, with markets bracing for a continued series of bigger-than-usual hikes. The center of Wall Street’s focus was again on the Federal Reserve, which is scrambling to get inflation under control. Traders now see a 34% probability of such a hike, up from just 3% a week ago, according to CME Group.

Since the modern S&P 500 index began in the late 1920s, the average bear market has translated into a 38% price decline lasting an average of almost 19 ...

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The Dow Jones plummeted as indexes fell hard. Tesla stock and Apple stock struggled. Bitcoin fell hard amid a crypto meltdown.

The stock had pinned down an impressive move before market turmoil dragged it back to the canvas. The stocks below are showing strength amid the market turmoil. A few stocks were showing resilience despite the sell-off. This will allow J&J to focus on high-growth products, including its drugs and medical devices. JNJ is moving to separate its consumer health division into a new company. CRM stock was down nearly 6% while DOW dipped more than 4%. Consumer staples and financials had the smallest losses. It currently holds an EPS Rating of 60 out of 99. Bitcoin fell hard amid a crypto meltdown, with Riot Blockchain ( RIOT) and Grayscale Bitcoin Trust ( GBTC) among listed names getting hit. While overall performance is good, earnings are not ideal. It was down almost 700 points, or just over 2%. Tesla ( TSLA), Amazon ( AMZN) and Apple ( AAPL) were among the notable tech stocks getting hit.

On the day when the S&P 500 fell 20% from its highs, the Dow remained the relative outperformer.

Caterpillar ( CAT -3.86%) has seen rising demand for heavy equipment as high commodity prices make it more beneficial to work to produce natural resources. All in all, it's hard to treat a 17% drop in the Dow Jones Industrial Average as a big win for investors. The Dow also has a greater proportion of defensive value-based stocks than the S&P 500 and Nasdaq. Drugmaker Merck ( MRK -2.50%) is still up double-digit percentages on the year. For the most part, though, losses among individual Dow components have been fairly measured, with about half of the average avoiding declines of more than 10%. Coca-Cola ( KO -0.11%) isn't a high-growth company, but it has reliable cash flow and consistent dividends. But it's far greater than the 0.75% weighting of energy stocks in the Nasdaq. And while it is somewhat less than the S&P, Chevron has been a better performer than some of its peers among S&P 500 energy stocks.

U.S. stocks close sharply lower as financial markets reel from an acceleration in inflation just days ahead of a Federal Reserve interest-rate decision.

The fallout has been stark in cryptocurrencies, with bitcoin BTCUSD, -8.59%extending its weekend plunge to trade below $23,200. The Fed’s main policy rate target currently sits between 0.75% and 1%. Stocks sold off sharply Monday on climbing volatility, as hot inflation data rattled markets ahead of the Federal Reserve’s mid-week policy decision. Concerns about monetary policy tightening aren’t limited to the U.S. Last week, the European Central Bank suggested it could follow up a quarter-point rate hike in July with a 50-basis point move in September, as the Bank of England also readies another expected rate hike this week. -11.41%feeling a downdraftamid the broad weakness in cryptocurrencies. Like economists at Barclays and Jefferies, Tenengauzer said in a phone interview that he expects policy makers to lift the fed funds rate by 75 basis points on Wednesday. “Inflation has clearly come unanchored and officials need to build a new narrative,” given their median forecasts in March for the long-term fed funds rate to be at 2.4% and the 2022 year-end level to be at 1.9%, he said. “The inflation data on Friday was clearly a game-changer and the market is reacting accordingly,” said Daniel Tenengauzer, head of markets strategy and insights for BNY Mellon. “Bond yields are higher and, as a result, equities are down because the Fed will need to react.” The dollar also jumped, with the ICE U.S. dollar index DXY, +0.12%, which measures the currency against a basket of six major rivals, jumping 1% to trade near an almost 20-year high. Friday’s data that showed the consumer-price index shooting to a fresh 40-year high of 8.6% year-over-year has caused investors to reassess how high the Fed will go in raising interest rates. U.S. stocks closed sharply lower on Monday, with the S&P 500 entering a bear market and Dow industrials tumbling almost 900 points, as financial markets continued to reel from a surprise acceleration in inflation just days ahead of a Federal Reserve interest-rate decision. - The Nasdaq CompositeCOMP,dropped 530.80 points, or 4.7%, to 10,809.23. - The Dow Jones Industrial AverageDJIA,finished down 876.05 points, or 2.8%, at 30,516.74, after dropping as much as 1,019.07 points at its session low.

Investors were focused on whether the Federal Reserve would raise interest rates in a bid to counter inflation. Doing so would be the Fed's main method of ...

In an interview with CNN on Sunday, former Fed Chair Ben Bernanke said a recession remains possible. Investors were focused on whether the Federal Reserve would raise interest rates in a bid to counter inflation. Chair Jerome Powell said rates may continue rising until inflation comes under control.

The S&P 500 was on track to open in bear market territory, while global stocks tumbled and bond yields jumped as fears over inflation rattled investors ...

- Saks Fifth Avenue:$20 off sitewide + free shipping - Saks Fifth Avenue coupon You may cancel your subscription at anytime by calling Customer Service. Contracts for the technology-focused Nasdaq-100, which entered bear market territory in March, were down 2.9%. Futures for the Dow Jones Industrial Average fell 1.9%, or more than 500 points.

Dow Jones futures were higher following Monday's stock market plunge. Another pivotal inflation report is due out Tuesday.

HealthEquity is tracing a cup with handle with a 66.23 buy point, as shares reversed 0.9% higher Monday. The stock is finding support around its key 50-day line and is just 2% away from the latest entry. Also, keeping a watchlist of stocks holding up well in a down market is a good way to be prepared for the next stock market uptrend. To help pinpoint stock leaders that emerge in a new market uptrend, use the relative strength line to see which stocks are outperforming the general market. But shares are just above the latest entry in the new wave of market selling. The stock closed more than 30% off its 52-week high. Dow Jones leader and energy giant Chevron gave up its flat base's 174.86 buy point, according to IBD MarketSmith chart analysis, following Monday's 4.6% decline. Amid the deepening stock market correction, investors should be mostly — if not entirely — on the sidelines. IBD offers a broad range of growth stock lists, such as Leaderboard and SwingTrader. Remember that overnight action in Dow futures and elsewhere doesn't necessarily translate into actual trading in the next regular stock market session. A strong RS line will be pointing sharply higher, either during the basing period or soon after a breakout. Dow Jones futures were higher following Monday's stock market plunge. The producer price index is a measure of pricing strength based on selling prices received by domestic producers for their output.

The negative tone in Asia follows a bleak session in the US on Monday, which saw Goldman Sachs forecast a 75 basis point interest rate hike at the Federal ...

Early in Asia, the yield on benchmark 10-year Treasury notes rose to 3.3828% compared with its US close of 3.371% on Monday. The European single currency was flat at $1.0407, having lost 3.04% in a month, while the dollar index, which tracks the greenback against a basket of major currencies, was up at 105.19. The two-year yield, which rises with traders' expectations of higher Fed fund rates, touched 3.4002% compared with a US close of 3.281%. In US trading, benchmark 10-year Treasury yields hit their highest since 2011 on Monday, and a key part of the yield curve inverted for the first time since April as investors braced for the prospect that attempts to stem soaring inflation would dent the economy. Fears of higher rates leading to a US recession kicked the S&P 500 down 3.88%, while the Nasdaq Composite lost 4.68%. The Dow Jones Industrial Average fell 2.8%. Expectations for aggressive US rate hikes rose after inflation in the year to May shot up by a sharper than predicted 8.6%.

Investors are rattled by higher-than-expected inflation data ahead of the Federal Reserve board's two-day meeting.

Hong Kong’s Hang Seng Index was down 3.4 percent, while the German DAX index fell 2 percent. But inflation reached a new pandemic-era peak of 8.6 percent Friday, according to the Bureau of Labor Statistics. Stocks sold off in tandem with the Dow losing 2.7 percent. Stocks sold off in premarket trading Monday — with the S&P 500 poised to open in bear market terrain — as investors agitated over inflation ahead of the Federal Reserve’s upcoming meeting.

Stock Market Today Mid-Morning UpdatesOn Tuesday, the Dow Jones Industrial Average is up by over 120 points after declining in the last 4 sessions in a row.

We look forward to sharing more detail on our strategy and long-term objectives at our investor day later this month.” Because of all this, FDX stock is now gaining by over 12% in the stock market today as investors focus on defensive plays. This would represent a sizable $0.40 per share increase from its previous dividend of $0.75. According to the press release, the dividend is payable on July 11, 2022, to stockholders as of the close of business on June 27, 2022. Chiming in on the company’s commendable results for the quarter is CEO Safra Catz. She starts by saying, “We continued to improve our top-line results again this quarter with total revenue growing 10% in constant currency.” Catz adds, “These consistent increases in our quarterly revenue growth rate typically have been driven by our market-leading Fusion and NetSuite cloud applications. Among the key names making waves in the stock market today would be Oracle ( NYSE: ORCL). After yesterday’s closing bell, Oracle posted overall solid figures in its fourth fiscal quarter earnings release. Following the stock market opening on Tuesday, the S&P 500, Dow and Nasdaq are trading higher at 0.11%, 0.08%, and 0.12% respectively. Notably, the company is hiking its quarterly dividend by 53%. In detail, FedEx’s board of directors are now declaring a $1.15 per share dividend on its common stock. On the other hand, National Vision ( NASDAQ: EYE) is among the retail companies in focus today. The two PPI measures remained near their historic highs at 11.5% for headline and 7.1% for core, in March. Chinese EV leaders like Nio ( NYSE: NIO) and Xpeng Motors ( NYSE: XPEV) are trading higher today as well. The S&P 500 for instance, officially closed in bear market territory on Monday, normally defined as a decline of 20% or more from its prior high. The repercussions could be huge as other parts of the crypto market could collapse on Celsius’ pausing of withdrawals. Meanwhile, oil and natural gas company, Continental Resources ( NYSE: CLR) is surging higher in the stock market today.

Stocks face more losses after global shares sank into a bear market amid a surge in Treasury yields and the dollar on growing expectations of sharper ...

The Dow Jones Industrial Average dived more than 650 points Monday morning, as the market moved to extend losses from Friday's stock market sell-off.

Still, shares are trying to hold up during the new stock market correction. The stock closed around 28% off its 52-week high. The stock is still sharply below its 50- and 200-day moving averages. Tesla stock traded as high as 1,243.49 on Nov. 4. Among Dow Jones stocks, Apple shares sold off 3.9% Friday and are near their recent lows. Shares threatened to add to those losses, trading more than 5% lower Monday morning. Insurance giant Travelers continues to build a flat base with a 188.08 buy point. IBD offers a broad range of growth stock lists, such as Leaderboard and SwingTrader. Travelers stock traded down 1.1% early Monday. Friday's The Big Picture column commented, "Moves were heavily skewed to the downside. Bitcoin crashed below $24,000, while the 10-year Treasury yield surged to more new highs. The price of Bitcoin crashed 18% over the weekend.

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