Tag: S&P 500 Index

  • Why the stock market is looking past the worst banking mess since 2008 — for now

    Judging by major indices, it will take more than the Federal Reserve to raise interest rates amid the worst banking mess since the 2008 financial crisis before stock market investors lose their cool. “Investors are broadly assuming that regulators will step in and shield the industry if they need to, which is what prevents it […]

  • Regional banks are getting the attention, but the concerns are greater, says former top supervisor

    Regional banks should not be the only source of concern for potential fallout from the fast pace of rate hikes by the Federal Reserve over the past year, a former banking supervisor said. “I don’t see regional banks having any particular problem,” said Sheila Bair, who ran the Federal Deposit Insurance Corp. from 2006 to […]

  • How much you would have if you invested $1,000 ten years ago

    Sopa Images | Rocket | Getty Images Nike continues to attract sneaker fans and activewear enthusiasts. The retailer reported revenue of $12.4 billion for the third fiscal quarter of 2023, surpassing forecasts of $11.47 billion, according to Refinitiv’s consensus estimates. The company also reported earnings per share (EPS) of $0.79, compared to the $0.55 analysts […]

  • Financial instability as the biggest market risk: Wells Fargo

    A major Wall Street firm ranks financial instability over inflation as the biggest economic risk for the next three months. In an interview following the Federal Reserve’s quarter-point rate hike, Michael Schumacher of Wells Fargo Securities suggested that policymakers are underestimating how quickly tightening credit conditions could hurt the economy. “The Fed doesn’t give enough […]

  • Cramer’s top 10 things on the stock market Wednesday: Fed, banking crisis, GameStop

    My top 10 things to watch Wednesday March 22nd 1. The Fed meeting: does it really matter? Despite the banking crisis, the market has almost a 90% chance of a new interest rate hike of a quarter point on Wednesday afternoon. Investors are looking for forward-looking comment in the policy statement and in the press […]

  • Goldman’s strong balance basket is beating the market

    Stocks with strong balance sheets are gaining popularity as the broader market fluctuates through the ongoing banking crisis. Goldman Sachs’ basket of 50 S&P 500 companies with strong balance sheets has outperformed its weak balance sheet basket by six percentage points since March 8, the day Silicon Valley Bank’s downward spiral began, according to a […]

  • Top 10 things to watch Monday: Banks, Nvidia, Starbucks

    Top 10 things to watch Monday, March 20 1. Wall Street looks stable at the start of the week and ahead of the Fed’s interest rate decision Wednesday afternoon after the meeting. The market estimates about a 60% chance of a rate hike by a quarter point and a 40% chance of no hike as […]

  • What investors say about buying a technical rally and which stocks to buy

    The tech sector was a bright spot last week as the banking crisis rocked markets. The Nasdaq Composite was up 4.4% this week, while the Nasdaq 100 — which includes the index’s largest non-financial companies — was up 5.8%. Major technology and semiconductor stocks such as Nvidia and Microsoft are up about 12% this week, […]

  • Stock market today: live updates

    51 minutes ago Regional banking stocks under pressure due to fears of banking crisis Regional banking stocks plummeted last week as Wall Street became concerned about a widespread banking crisis. The SPDR Regional Banking ETF (KRE) fell 6% on Friday and ended the week 14% lower. First Republic has been the worst performer among regional […]

  • From the sudden collapse of the SVB to the consequences of Credit Suisse: 8 charts show turbulence in the financial markets

    A tumultuous week in US financial markets ended on an uncertain note Friday after a massive $30 billion injection of large bank deposits into First Republic Bank failed to appease investors. Last week, the sudden collapse of three US banks – Silvergate Capital, Signature Bank SBNY and Silicon Valley Bank – concerns about weakness in […]