How bad will earnings be? Nobody really knows
With that in mind, earnings for the first quarter — and the remainder of 2020 — are likely to be bleak. According to estimates from FactSet, earnings for S&P 500…
US stock futures rise and oil drops 8.5% after OPEC meeting postponed
Dow (INDU) futures gained 282 points, or around 1.4%. S&P 500 (SPX) futures were up 1.5% and Nasdaq (COMP) futures rose about 1.7%. US crude, meanwhile, fell as much as…
Asian markets improve after Wall Street’s third day in the green
Japan’s Nikkei 225 (N225) gained 1.3%, while South Korea’s Kospi (KOSPI) advanced 2.6%. Hong Kong’s Hang Seng (HSI) rose 1.7%. China’s Shanghai Composite (SHCOMP) was up 0.9%. All of those…
Here’s what could really sink the global economy: $19 trillion in risky corporate debt
“This certainly is another match being lit the bonfire of corporate debt liabilities,” said Simon MacAdam, global economist at Capital Economics. “There’s definitely potential for systemic risk.” Investors became increasingly…
US stock futures hit ‘limit down’ after Fed cuts interest rate to zero
Dow (INDU) futures plummeted and were last down 1,041 points, or about 4.5%. S&P 500 (SPX) futures were down about 4.8% , while Nasdaq (COMP) futures were down 4.5%. Last…
Here’s why you should worry about the turbulent stock market… and why you shouldn’t
Stocks are inching closer to bear market territory, having dropped nearly 20% from their record highs in February as the market tries to price in the risk of the global…
Dow futures gain ground after worst one-day point drop in history
However, stock prices began to recover and entered positive territory after President Donald Trump discussed some possible recovery mechanisms at a White House briefing Monday evening. Dow (DJI) futures initially…
What should you do with your 401(k)? Don’t panic
Stay the course. CNN Business spoke with five top money managers to get advice about how to navigate these increasingly stormy market seas and find out how investors are managing…
Dow falls 1,191 points — the most in history
The Dow (INDU) dropped 1,191 points, or 4.4% in its worst one-day point drop in history. The index has fallen more than 10% below its most-recent peak, putting it in…
Gilead Sciences drug may help treat coronavirus symptoms, according to WHO
Gilead Sciences (GILD) was the top performing stock in the S&P 500 and was just one of two stocks in the Nasdaq-100 that was trading higher on Monday, when the…