Market watch
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S&P 500 bottoms in Q1, creating ‘tremendous buying opportunity’, says Morgan Stanley’s Wilson
The S&P 500 will set a new price low of 3,000 to 3,300 in the first quarter of next year before returning to the ... -
Market watch: November 18, 2022
Major Wall Street indexes ended lower on Wednesday as a pessimistic forecast from Target sparked fresh concerns for retailers ahead of the crucial holiday ... -
A credit crunch affecting M&A deals for targets and buyers
The high interest rates currently offered for the safest types of corporate debt are both a motivator and a barrier to transactions, with different ... -
Midterm elections: Democrats hold Senate after calls from Nevada and Arizona; Republicans within 10 wins of House control
Democrats are expected to retain their grip on the U.S. Senate after winning a key race in Nevada, giving President Joe Biden’s party control ... -
Democratic edge shrinks in Arizona Senate, gubernatorial races
PHOENIX — Margins between Democrats and Republicans narrowed dramatically in major Arizona races Wednesday as election officials reduced the number of more than half ... -
Platoon shares fall after earnings as holiday forecast disappoints
Peloton Interactive Inc. shares PTON, -3.47% fell 19% in premarket trading on Thursday after the connected fitness equipment maker saw losses narrow but forecast ... -
Why the Chinese Communist Party Congress left investors baffled
Financial market investors were hungry for economic policy advice from the Chinese Communist Party Congress, but when the ruling party wrapped up its two-decade ... -
Equities are having an exceptional month of October. Why the bear market rally may have more leeway.
An earlier version of this story misrepresented the date of the US midterm elections. They will take place on November 8 and not on ... -
ESPN and F1 announce new US broadcast deal through 2025
With Formula 1’s popularity and viewership booming in the United States, ESPN and the Motorsports World Series announced a new broadcast deal on Saturday ... -
Exxon Mobil quits Russia after Kremlin ‘expropriation blackmail’
Exxon Mobil announced its exit from Russia this week after Moscow seized the company’s stake in oil and gas company Sakhalin-1, a move described ... -
JD Vance tells MarketWatch he wants to end tax loopholes for tech companies and ban trading in congressional stocks
JD Vance, a Republican from Ohio in a tight U.S. Senate race against Democratic Representative Tim Ryan, indicated he would support the bipartisan push ... -
Musk has a “super app” plan for Twitter. it’s super vague
Elon Musk has a fondness for the letter “X”. He names his son with singer Grimes, whose real name is a collection of letters ... -
Wipro shares fall after quarterly profit beat expectations
By Clarence Leong The shares of Wipro Ltd. fell sharply in India the day after the information technology company published weaker-than-expected quarterly profit. Wipro’s ... -
New Oriental Education Stock Drops After Being Named Identified Issuer Under HFCAA
The US-listed shares of New Oriental Education & Technology Group Inc. EDU, -2.49% fell 4.2% in premarket trading on Monday after the China-based private ... -
Airlines enter earnings season grappling with fuel prices and hiring challenges
The US airline industry’s earnings season is about to begin. So what can we expect? Cowen analyst Helane Becker says the airline industry is ... -
Fed’s Daly says labor market ‘churn’ could set in
There are signs the U.S. labor market is starting to cool off a bit, San Francisco Federal Reserve Chair Mary Daly said Tuesday. “I ... -
‘Painfully Slow Capitulation’: Why Investors Keep Getting Inflation Wrong
A brutal third quarter in financial markets ended on Friday and one thing is crystal clear: inflation is the most important factor driving asset ... -
Home buyers forfeit contracts in the Sun Belt, especially in Las Vegas, Phoenix, Tampa and Texas
The tide has turned and buyers are now forgoing deals in the Sun Belt as rates rise and home prices remain unaffordable. Once pandemic ... -
Fiona cuts the power with high winds in Atlantic Canada
Fiona knocked out power to more than 500,000 customers in Atlantic Canada on Saturday, damaging homes with high winds and rain as it made ... -
Here’s everything coming to Amazon’s Prime Video in October 2022
From medieval comedy to futuristic thrills, Amazon’s Prime Video has it all this October, including a full slate of spooky Halloween movies. Chloë Grace ... -
“She never explained anything”: I am an elderly person and I lost $100,000 on the stock market this year. Can I sue my financial advisor?
I am a senior citizen and I suffered significant losses in the range of $100,000 during the recent stock market turmoil. Can I sue ... -
Fed to put a “firm foot on the brake pedal” this week
The Federal Reserve is widely expected to raise its benchmark interest rate this week by 0.75 percentage points in a bid to slow the ... -
Puerto Rico under hurricane watch as Tropical Storm Fiona approaches
Tropical Storm Fiona threatened to dump up to 16 inches (41 centimeters) of rain in parts of Puerto Rico on Saturday as forecasters placed ... -
Nike’s new World Cup jerseys for USA draw lackluster response
NEW YORK — Nike released the United States World Cup jerseys on Thursday, including a mostly white design for home games that was criticized ... -
Kion to Report Q3 Loss; Provides outlook 2022
By Maitane Sardon Kion Group AG said it expects to post a loss in the third quarter as supply chain shortages intensify and the ... -
Asian markets up after Friday’s Wall Street rally
Stocks rose Monday in Asia after Wall Street’s strong close last week snapped a three-week losing streak. Many regional markets were closed for the ... -
A strong market rally could be weeks away if the U.S. midterm election can put anxious stock investors at ease
If the U.S. midterm election cycle this year is anything like previous ones, the stock market will carve out a major right-hand low around ... -
Aramark Sports + Entertainment Announces Self-Checkout Technology for 2022 NFL Season
Aramark Sports + Entertainmentthe award-winning dining partner at 10 NFL venues, continues to lead the way in hospitality innovation with new culinary creations and ... -
Biden’s plan to write off student debt may apply to billions of dollars in loans held by investors, but there’s a catch
By Joy Wiltermuth ‘Consumer finance companies are going to be all over this,’ ex-Wall Street trader says of Biden’s plan to write off some ... -
Chinese oil inventories rise ahead of OPEC+ meeting
By Justina Lee Shares of Hong Kong-listed Chinese oil stocks are up in Monday trading ahead of the monthly OPEC+ meeting, where the production ... -
Penn National fell from the S&P 500 for one of America’s largest institutional owners
The S&P 500 index will abandon some of its betting on sports betting in favor of another business: home rentals. S&P Dow Jones Indices ... -
Rio Tinto reaches an agreement in principle to acquire Turquoise Hill
By David Winning SYDNEY – Rio Tinto PLC said it has agreed terms with Turquoise Hill Resources Ltd. to acquire the remaining shares of ... -
Photronics stock falls on 4Q orientation
By Will Feuer Shares of Photronics Inc. fell more than 20% after the photo mask technology and solutions company released a current-quarter earnings forecast ... -
Judge’s ruling upholds initiative to expand ballot rights in Arizona
PHOENIX (AP) — A judge has ruled that an Arizona initiative expanding voting access and rolling back a host of restrictions enacted by the ... -
Amplify Energy reaches agreement with the United States on the 2021 oil spill
By Stephen Nakrosis Amplify Energy Corp. said on Friday it reached an agreement with the U.S. government to resolve all federal criminal cases stemming ... -
Study finds Pfizer’s COVID pill provides no benefit to young adults
WASHINGTON (AP) — Pfizer’s COVID-19 pill appears to provide little or no benefit to young adults, while reducing the risk of hospitalization and death ... -
Eurozone PMI gauge weakens to 18-month low in August
A gauge of the eurozone economy in August fell to an 18-month low as consumers feel the pinch in inflation, although the same data ... -
Inside the “House of the Dragon” and the reign of George RR Martin
Can George RR Martin help restore ‘Game of Thrones’ glory? HBO is betting on the author as the driving force as he finally launches ... -
Will the Social Security COLA for 2023 be high enough?
Will the real inflation rate hold? I ask because we are fast approaching the date when the Social Security Administration (SSA) will set the ... -
A fundraiser in honor of Freya, the famous Norwegian walrus who died, has raised $20,000
A fundraiser to build a statue in memory of a walrus euthanized by Norwegian authorities has raised over $20,000 and counting. Freya, a 1,320-pound ... -
WNBA star Griner appeals Russian prison sentence
MOSCOW (AP) — Lawyers for American basketball star Brittney Griner have appealed her nine-year prison sentence in Russia for drug possession, Russian news agencies ... -
Shippers brace for worst as Rhine levels near critical
Shipping companies prepared to halt freight traffic on the Rhine as water levels in Germany’s largest river approached a critical point on Saturday. A ... -
FBI searched Trump’s home for classified nuclear weapons documents: report
FBI agents searched for classified nuclear weapons documents, among other things, when they served a warrant at former President Donald Trump’s Florida home earlier ... -
Treasury yields fall as traders watch inflation data
Bond yields fell on Wednesday, but moves were thin and trading was thin as the market waited for the latest indicator of US inflation. ... -
Comments on Malcolm Gladwell’s work from home spark backlash and accusations of hypocrisy
Malcom Gladwell’s comments about working from home sparked a backlash on social media, with critics accusing the author of hypocrisy. “It’s not in your ... -
Biden tests negative for COVID, self-isolating until second negative
President Joe Biden tested negative for COVID-19 on Saturday but will continue to self-isolate at the White House until a second negative test, his ... -
Democrats say they have reached an agreement on the economic package
WASHINGTON — Senate Democrats have reached agreement on changes to their flagship economic legislation, they announced late Thursday, removing the biggest roadblock to advancing ... -
Missouri Attorney General Eric Schmitt defeats Greitens in GOP Senate primary
COLUMBIA, Mo. — Missouri Attorney General Eric Schmitt defeated scandal-scarred former Gov. Eric Greitens and 19 others on Tuesday in the U.S. Senate Republican ... -
Ukraine seeks to retake south, tying up Russian forces
Even as Moscow’s war machine creeps through eastern Ukraine, trying to achieve the Kremlin’s goal of securing full control of the country’s industrial heartland, ... -
Is PayPal about to revise its forecasts downwards?
PayPal Holdings Inc. has lowered expectations all year. Is the business already over? Bernstein analyst Harshita Rawat wonders if another cut to PayPal’s revenue ... -
The Crypto Market Looks Like the Nasdaq in the Early 2000s. Here’s Why
Good morning! Welcome to Distributed Ledger, our weekly crypto newsletter that hits your inbox every Thursday. I’m Frances Yue, a crypto reporter at MarketWatch, ... -
Lords Group says 2022 performance in line with market views
By Michael Susan Lords Group Trading PLC said Tuesday that performance for 2022 is in line with market expectations, driven by strong demand in ... -
Wildfire near Yosemite National Park explodes in size
A fast-moving brush fire near Yosemite National Park erupted into one of California’s largest wildfires of the year on Saturday, prompting evacuations and knocking ... -
Plan now when to come back in stock
You need to make a plan now for when you will be fully invested in stocks. It’s not because the bear market is coming ... -
Here’s what’s at stake if Russia doesn’t return a key European gas pipeline to service this week
Investors will soon know if the world’s largest undersea pipeline, which stretches 759 miles under the Baltic Sea, will save Europe from a potentially ... -
I’m chief economist at Realtor.com. Here are the 4 things you need to know about the housing market now
Danielle Hale If you’re feeling a little whipped hearing the different takes on the housing market right now, you’re not alone. House prices continue ... -
California social media addiction bill removes text allowing parents to sue
SACRAMENTO, Calif. — A first-of-its-kind proposal in the California Legislature to hold social media companies accountable for harming children who have become addicted to ... -
Ukraine reports hitting Russian ammunition depot in the south
KYIV, Ukraine – The Ukrainian army announced on Tuesday that it had destroyed a Russian ammunition depot in southern Ukraine, resulting in a massive ... -
I’m the chief economist of a $5 billion real estate securities and data company. Here are 5 things you need to know about the housing market now
Marc Fleming Housing has become increasingly unaffordable for millions of Americans as house prices and mortgage rates continue to rise (see the lowest rates ... -
MacroGenics Closes Study CP-MGA271-06, Stock Falls 12%
By Stephen Nakrosis Shares of MacroGenics Inc. were down in Friday’s late trading session after the company announced the completion of a Phase 2 ... -
Retiring abroad? First Consider These Essential, But Complicated Tasks
Retiring abroad may seem like a dream – and for many it is – but there’s a long list of considerations to make and ... -
Bank stocks hit hard as continued drop in Treasury yields fuels recession fears
Financial stocks traded broadly lower on Tuesday as longer-term Treasury yields continued to slide amid growing fears that a recession is looming. Falling longer-term ... -
Sime Darby to exit logistics business with 1.92 billion yuan sale of Weifang port companies
By Yi Wei Wong Sime Darby Bhd. announced on Monday that it would exit the logistics business after the sale of its Weifang Port ... -
Klarna to raise new funds at reduced valuation of $6.5 billion
Klarna Bank AB is set to strike a deal to raise new funds worth around $6.5 billion, according to people familiar with the matter, ... -
The challenges facing the ousted CEO of Bed Bath & Beyond have quickly become ‘insurmountable’
According to Carol Spieckerman, president of retail consultancy Spieckerman Retail, Mark Tritton, who was ousted as CEO of Bed Bath & Beyond after less ... -
Rudy Giuliani: Being slapped by a ShopRite employee was ‘like a rock hitting me’
Former New York Mayor Rudy Giuliani was slapped by a ShopRite employee while campaigning for his son at a Staten Island supermarket on Sunday. ... -
French lawmakers want the right to abortion in the Constitution
A group of lawmakers from French President Emmanuel Macron’s party will propose a bill to enshrine the right to abortion in the country’s constitution, ... -
Zenith Energy’s Robbana-1 well returns to production in Tunisia
By Anthony O. Goriainoff Zenith Energy Ltd. said on Friday that the Robbana-1 well in Tunisia had been successfully returned to production, but given ... -
Opinion: This might shock newcomers to Texas: Soaring property taxes
Texas is once again witnessing the higher population growth in the country as people increasingly migrate to what they see as the fiscal promised ... -
PLC’s Record Fiscal 2022 Earnings Rise, Declare Special Dividend
By Michael Susan Record PLC said on Tuesday that pre-tax profit for the 2022 financial year increased as it benefited from growth in management ... -
25% of American expats ‘plan’ to renounce citizenship or are ‘seriously considering’ doing so
While many taxpayers dread tax filing season, Americans living abroad face even heavier annual charges, and these are now so frustrating that some want ... -
The 6% mortgage is here — but here’s how to save
The latest mortgage rates and how homebuyers can save money. Getty Images Mortgage rates continue their upward march, with 30-year fixed-rate mortgages crossing the ... -
FDA has blocked CBD for now, analyst says
The U.S. Food and Drug Administration (FDA) is not expected to act quickly on the regulation of cannabinoids (CBDs) from hemp, Cowen analyst Harrison ... -
Countryside Partnerships launches formal sales process
By Joe Hoppe Countryside Partnerships PLC said on Monday it had begun a formal sales process to determine if there was a bidder willing ... -
Meta scrutinizing Sheryl Sandberg’s use of Facebook resources over several years
Lawyers investigating Facebook Chief Operating Officer Sheryl Sandberg’s use of company resources are examining behavior dating back years, people familiar with the matter said, ... -
Opinion: Even as stocks break out, the overwhelming trend is down
The stock market, as measured by the S&P 500 SPX Index, -0.43%, has traded in a small range – these days 100 points is ... -
Reality TV stars Todd and Julie Chrisley found guilty of fraud and tax evasion
ATLANTA — Todd and Julie Chrisley, stars of the reality television show “Chrisley Knows Best,” were found guilty Tuesday in Atlanta on federal royalties ... -
Ant launches Digital Bank Next in Singapore
By Clarence Leong SINGAPORE — Chinese financial technology giant Ant Group Co. on Monday launched a digital bank in Singapore that will serve small ... -
Forgotten in Ubers: phones, breast pumps, dentures
Texas took top honors at Uber’s 2022 edition Index of found objects, who found that three Lone Star cities have the most forgetful passengers ... -
Rise of “non-traditional” reserve currencies lessens dollar dominance
The status of the US dollar as the dominant global reserve currency shows few signs of declining, despite a wave of challenges from Russia ... -
Lanxess and Advent buy DSM’s engineering business for $4 billion
Lanxess AG announced on Tuesday that it will partner with private equity firm Advent International Corp. to buy DSM from Royal DSM NV, +2.64% ... -
Real Madrid beat Liverpool 1-0 for their 14th European Cup title
Real Madrid became European champions for a record 14th time after beating Liverpool 1-0 in a Champions League final that started 37 minutes late ... -
Asian markets rise, buoyed by earnings and Wall Street rally
TOKYO — Asian stocks gained on Friday as investors cheered a strong set of retail earnings that lifted U.S. stocks. The Japanese reference Nikkei ... -
Consumer prices in Malaysia rose 2.3% in April as food inflation accelerated
From Chester Tay Consumer prices in Malaysia in April rose at a slightly faster pace than in March, as food prices continued to rise ... -
EnQuest Says It’s On Track To Meet 2022 Goals; back guide
By Anthony O. Goriainoff EnQuest PLC said on Monday it was on track to meet its 2022 targets and backed its guidance for the ... -
Russia’s assertion of Mariupol capture stokes concern among Ukrainian POWs
The seizure claimed by Russia of a steel plant in Mariupol which has become a symbol of Ukrainian tenacity gives Russian President Vladimir Putin ... -
Retail stock woes hit consumer ETFs as S&P 500 edges closer to bear market territory
Good morning! It’s been a brutal week for consumer stocks, as the S&P 500 index edges closer to bear market territory. “My indicators suggest ... -
JD.com stock soars after big profits and revenue
Shares of JD.com Inc. JD, -0.04% climbed 7.8% in premarket trading on Tuesday after the e-commerce company reported strong profits and revenue as improved ... -
Finland and Sweden move closer to applying for NATO membership
Finland’s government says a ‘new era’ is underway after announcing plans to seek NATO membership, hours before Sweden’s ruling party backed a membership plan ... -
The stock market’s “ultimate lows” are still ahead because investors haven’t capitulated yet, says B. of A.
Investors haven’t capitulated in this year’s battered stock market, according to strategists at B. of A. Global Research. With recent fear and “loathing” suggesting ... -
Bitcoin struggles to hold onto $27,000 as Tether comes under pressure
Bitcoin price was under pressure again on Thursday, with even bigger losses among smaller cryptocurrencies, as the collapse of the UST stablecoin continued to ... -
U.S. Small Business Confidence Stabilizes in April – NFIB
By Xavier Fontdegloria The confidence of small business owners in the United States stabilized in April after three consecutive months of decline, but inflation ... -
Adtalem Global Shares Rise After 3Q Beat, Guidance Boost
By Michel Dabaie Shares of Adtalem Global Education Inc. rose 9.6% to $30.93 after posting quarterly results that beat analysts’ views and raised earnings ... -
Stock market liquidation in the “liquidation” phase. Why it has to get “hotter” before it shuts down.
This week’s sharp U.S. stock market U.S. stock market reversal may have rattled investors, but a sell-off that may finally be underway will likely ... -
Singapore’s manufacturing activity expanded at a faster pace in April
By Ronnie Harui SINGAPORE – Singapore’s manufacturing activity grew at a faster pace in April on faster growth in new orders, new exports, manufacturing ... -
Chemours stock rallies after Q1, raises 2022 outlook
Shares of Chemours Co. CC, +0.09% jumped nearly 7% in Monday’s extended session after the chemicals company reported first-quarter results that beat Wall Street ... -
At Berkshire Hathaway meeting, Warren Buffett aims to reassure shareholders
OMAHA, Neb. – Early Berkshire Hathaway BRK.B, -2.55% BRK.A, -2.94% annual meeting on Saturday, Chairman and CEO Warren Buffett wasted no time in addressing ... -
10 reasons to consider retiring in the “Provence of the poor”
I knew nothing about Occitania when I moved to France. It happened to be the location of an apartment I could afford on a ... -
Republicans take advantage of absences to block Fed nominee Lisa Cook
Senate Republicans took advantage of the absence of some Democrats due to COVID-19 on Tuesday to block the nomination of the first black woman ... -
Philips 1Q comparable sales down 4%
By Ian Walker Royal Philips NV on Monday reported a shift to a net loss for the first quarter of the year, although sales ... -
Opinion: It’s going to be a year for stock traders — here are 12 companies to look out for, says 40-year investing veteran Bob Doll
If you’re relatively new to investing and think 2022 has been a hellish year, imagine you’ve been in the stock market for over 40 ... -
Opinion: How to trade this undecided stock market
The S&P 500 continued to hover just below its still rising 200-day moving average. When the S&P SPX, +1.03% first falling below 4420, it ... -
WFP Ethiopia Market Observatory, March 2022 – Ethiopia
STRONG POINTS • Inflation: Inflation in Ethiopia has remained in double digits for the past three years, despite government efforts to contain inflation to ... -
12 injured in South Carolina mall shooting; 3 inmates
Ten people were shot dead and two others injured in a shooting at a shopping mall in South Carolina’s capital, which authorities do not ... -
Readers’ Choice 2022 New Product of the Year Awards Announced: A Winning Range
As the country emerges from the COVID-19 pandemic, many Americans are beginning to return to in-person work. Over the past two years, consumers have ... -
Texas judge dismisses voluntary abortion murder charge
DALLAS — A Texas judge formally dismissing a murder charge Monday against a 26-year-old woman for a voluntary abortion hasn’t allayed outrage or questions ... -
British Prime Minister and Austrian Chancellor visit Ukraine to show solidarity
British Prime Minister Boris Johnson and Austrian Chancellor Karl Nehammer joined the stream of European leaders showing their support for Ukraine on Saturday by ... -
Appeals court reinstates Biden’s federal employee vaccination mandate
NEW ORLEANS (AP) — President Joe Biden’s requirement that all federal employees be vaccinated against COVID-19 was upheld Thursday by a federal appeals court. ... -
B. of A. revamps auto coverage, calls for ‘tougher’ year
B. of A. analysts on Wednesday revised expectations for automakers, auto parts suppliers and other auto-related businesses as they called for 2022 to be ... -
Zelenskyy addresses UN amid outrage over civilian deaths
BUCHA, Ukraine (AP) — Ukrainian President Volodymyr Zelenskyy planned to speak to UN Security Council diplomats on Tuesday outraged by mounting evidence that Russian ... -
Ukraine documents alleged atrocities of retreating Russians
Ukrainian troops have found brutalized bodies with bound hands, gunshot wounds to the head and signs of torture after Russian soldiers withdrew from the ... -
Alaska Airlines cancels dozens of West Coast flights as pilots picket
PORTLAND, Ore. (AP) — Dozens of flights along the West Coast were canceled Friday by Alaska Airlines, the same day furloughed pilots picketed a ... -
Asian markets mixed as markets eye Ukraine and inflation worries
TOKYO — Asian stocks were mixed on Monday as worries about the pandemic, inflation and war in Ukraine weighed on market sentiment. The Japanese ... -
Teenager dies after falling from drop tower at Florida’s ICON Park
ORLANDO, Fla. (AP) — A 14-year-old boy died late at night during an amusement park ride plummeting higher than the Statue of Liberty along ... -
Commonwealth Bank of Australia: Markets set prices amid housing crisis
By James Glynn SYDNEY – Australia’s biggest mortgage lender is warning that if financial markets are right, the Reserve Bank of Australia is expected ... -
Okta finds no evidence of continued malicious activity
By Ben Otto Identity management software company Okta Inc. found no evidence of continued malicious activity after hackers released images they said belonged to ... -
War in Ukraine: Russians push deeper into Mariupol as locals beg for help
On Saturday, Russian forces pushed deeper into the beleaguered and battered Ukrainian port city of Mariupol, where heavy fighting shut down a major steel ... -
Senate panel endorses Powell and Brainard as Fed tops
WASHINGTON — The Senate Banking Committee approved the nomination of Jerome Powell for a second four-year term as Federal Reserve Chairman on Wednesday, just ... -
COVID-19 cases more than double in China’s growing epidemic
BEIJING — New cases of COVID-19 in China more than doubled on Tuesday from the previous day as the country faces its biggest outbreak ... -
About 10 Iranian missiles strike near US council in Iraq
BAGHDAD (AP) — As many as 12 missiles struck Sunday near a sprawling U.S. consulate compound in the northern Iraqi city of Irbil, in ...