Markets are tumbling, but don't panic just yet! Letโs dive into the chaos of the S&P 500, recession fears, and how TikTok might save your portfolio!
As we witness a dramatic plunge in the markets, specifically the S&P 500, it's time to keep an eye on some crucial levels. The turmoil on Wall Street doesn't seem to be letting up, with stocks like the Dow Jones and Nasdaq also taking a hit. Analysts are attributing these drops to rising fears of a potential U.S. recession fueled by a series of underwhelming economic reports. It's like a game of musical chairs, only everyone forgot the tune!
Investors, however, don't need to sound the alarm just yet. Fed fund futures have begun indicating a strong possibility of a 50-basis point interest rate cut during the Fed's September meeting. This news brings a glimmer of hope to those feeling the pinch of a declining market. But before jumping into action, remember that even the most seasoned investors often feel like they're trying to assemble IKEA furniture without the instructions when markets get rocky!
Meanwhile, it's prime time to reassess some S&P 500 stocks that analysts are saying you might want to ditch by 2025. Companies like Etsy, which was once a poster child for pandemic-era growth, are struggling to replicate that success. Walgreens also makes the list with substantial losses, leaving investors with more questions than answers. It might be best to reevaluate your portfolio before your stocks start planning their next vacationโfar away from your wallet!
On a global scale, the sell-off has reached alarming levels, with Japan's Nikkei 225 experiencing its worst decline since 1987. The ripple effects are palpable, stirring fears among investors worldwide and marking the current atmosphere as a stark reminder of how interconnected the global market has become. As we navigate through these turbulent waters, make sure to tighten your life jackets because the seas could get choppy! Notably, as the market swings on the loose hinges of economic data, itโs important to remember that, amidst the chaos, opportunities might be lurking just around the corner. Plus, did you know that 80% of the financial forecasting can be attributed to just 10% of the data? So let's put that crystal ball to good use!
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US stock indices tumbled on Monday on fears of the United States slipping into recession following weak economic data last week. At the opening bell, the Dow ...
Fed funds futures began pricing in a high likelihood of a 50-basis point rate cut at the Fed's September meeting, while analysts at major investment banks ...
Etsy (ETSY): The company's growth hasn't been the same since after the pandemic. Walgreens (WBA): It has the biggest losses out of any S&P 500 stock.
The drops were just the latest in a sell-off that swept the Earth. Japan's Nikkei 225 helped start Monday by plunging 12.4% for its worst day since 1987.
Global stock selloff, US recession, Dow, S&P 500, Nasdaq, bond yields, bitcoin. FOX Business is providing real-time updates on the markets, commodities and ...
The S&P 500 selloff got triggered by an ugly US ISM Manufacturing PMI and extended after a surprisingly weak US NFP report. What's next?