Text size BRYAN R. SMITH/AFP/Getty Images Stocks fell hard Monday. Sure, the Covid-19 variant Omicron is spurring new lockdowns in Europe — cause for concern. But importantly, the stock market is still reflecting that the Federal Reserve is quickly removing monetary support. The Dow Jones Industrial Average fell 433 […]
Sinks
In the latest trading session, Nike (NKE) closed at $109.49, marking a -1.55% move from the previous day. This change lagged the S&P 500’s daily gain of 0.25%. Meanwhile, the Dow lost 0.26%, and the Nasdaq, a tech-heavy index, lost 0.54%. Heading into today, shares of the athletic apparel maker […]
In the latest trading session, Zoom Video Communications (ZM) closed at $103.53, marking a -1.2% move from the previous day. This change lagged the S&P 500’s 0.48% gain on the day. Elsewhere, the Dow gained 0.2%, while the tech-heavy Nasdaq added 0.19%. Prior to today’s trading, shares of the video-conferencing […]
Text size Shares of Affirm, a “buy now, pay later” company, have fallen 60% over the past year. Courtesy Affirm Shares of Affirm were falling sharply Friday after the “buy now, pay later” company issued a fiscal third-quarter revenue forecast that was below analysts’ expectations. Affirm (ticker: AFRM) dropped 17.2% […]
Stocks ended a volatile session sharply lower on Wednesday, as investors nervously eyed soaring bond yields and mixed earnings results from some major index components. [Click here to read what’s moving markets on Thursday, Jan. 20] The Nasdaq Composite dropped another 1.2% and entered a correction, logging a closing level […]
Misery may love company, but this is getting ridiculous. If all you had to ponder were the numbers, you would assume that everyone would have fond memories of 2021. Jobs were plentiful. Economic growth was the strongest it had been in decades, and stock returns were out of this world. […]