Stocks crashing? No, but here’s why this bear market feels so painful — and what you can do about it.

Stock market crash hashtags may be all the rage on Twitter, but the selloff that sent U.S. stocks into a bear market was relatively orderly, market professionals say. But it is likely to become more volatile – and painful – before the market stabilizes. It was indeed a tour de force for investors on Friday … Read more

Don’t look for a stock market bottom until a soaring dollar cools down. Here’s why.

It will be difficult for the stock market to stop its slide and find a bottom as long as the U.S. dollar continues to soar against its rivals, market analysts say. Global equities suffered a bruising week, with the S&P 500 narrowly avoiding its lowest close of the year on Friday. Meanwhile, a key U.S. … Read more

U.S. stocks suffer another week of losses, Dow ends lowest since November 2020 as bond yields hammer equities after Fed rate hike

US stocks closed sharply lower on Friday, with the Dow Jones Industrial Average ending at its lowest closing value since November 2020. All three major benchmarks suffered another week of losses as bond yields rose to the following the Federal Reserve’s interest rate hike on Wednesday. For the week, the Dow Jones fell 4% while … Read more

These 20 stocks in the S&P skidded as much as 21.5% during another brutal week for the market

Another tough week for US equities ended with oil producer stocks falling and Ford Motor Co. falling on concerns about supply shortages. The S&P 500 SPX fell 1.7% on Friday for a 4.6% drop over the week as investors continued to worry about interest rate hikes from the Federal Reserve to temper inflation. Among the … Read more

Cellphone Carriers Offer Fat Promos for the iPhone 14. Why They Do it.

Text size The new iPhone 14 is available in four different models that range in price from $799 to $1,099. Brittany Hosea-Small /AFP via Getty Images Phone carriers have used promotions to increase iPhone sales while signing customers up to more expensive service plans. The iPhone 14 went on sale on September 16 and is … Read more

The Dow tumbled 500 points because Jerome Powell’s Fed ‘isn’t going to blink’

It took stock market investors a while to make up their minds, but when the closing bell rang on Wednesday, it was clear they didn’t like what they’d heard from the Federal Reserve and its chairman. Jerome Powell. See: Fed Approves Third Big Interest Rate Hike, Signals More Before Year End Central bankers have also … Read more

Apple iPhone 14 Demand Is Strong. Will There Be Any Left for Christmas?

Text size Analysts have already seen strong demand for the iPhone 14 Pro and Pro Max. Getty Images Request Apples The iPhone 14 Pro is so strong that an analyst thinks there could be an inventory problem for the holiday season. Apple (ticker: APPL) launched the iPhone 14 on sale in stores on September 16, … Read more

Why stock-market bears are eying June lows after S&P 500 falls back below 3,900

Goodbye, summer bounce. The S&P 500 ended Friday below a crucial chart support level that has served as a battleground for the past few years, leading technical analysts to warn of a potential test of the stock market’s June lows. “Over the past three years, the level on the [S&P 500] with the largest volume … Read more

Can the Fed tame inflation without further crushing the stock market? What’s next for investors.

The Federal Reserve isn’t trying to slam the stock market as it rapidly raises interest rates in its bid to quell still-burning inflation – but investors should be prepared for more pain and volatility as policymakers politicians won’t be intimidated by a sell-off, investors and strategists said. “I don’t think they’re necessarily trying to drive … Read more

Google randomly sent him $250K. This is what happened next.

A self-proclaimed hacker was randomly paid nearly $250,000 by Google. He was confused by the payment. On Tuesday, Sam Curry tweeted about Alphabet Inc.’s mysterious GOOGL payment, -1.02% Google. “It’s been just over 3 weeks since Google randomly sent me $249,999 and I still haven’t heard anything about the support ticket. Is there a way … Read more