US stock futures tumbled on Thursday as concerns over technology stocks gave bears fresh incentive to extend their recent slide. How are stock index futures traded S&P 500 ES00 index futures, -0.81% It fell 30 points, or 0.8%, to 3,926 . Dow Jones Industrial Average futures YM00, -0.62% It fell 187 points, or 0.6%, to …
Wall Street expects losses for the fifth day as chip makers retreat Read More »
font size Nvidia’s A100 chips are used in data centers for high-performance applications such as artificial intelligence. Courtesy NVIDIA nvidia Can’t get enough rest. Late Wednesday, the chip maker said in a statement that the US government notified the company that it has imposed a new licensing requirement, effective immediately, that covers any exports of …
VanEck Semiconductors ETF SMH, -0.68% It decreased by 12%. Nasdaq Composite Index, -0.56% The S&P 500 SPX is down 9%, -0.78%And the Dow Jones Industrial Average DJIA, -0.88% and the Russell 2000 Index RUT, -0.62% Both decreased by 5%. Now this is a real sell-off, at least in the world of technology and cryptocurrency. This …
Opinion: Don’t forget that big money in stocks is usually made during bear markets Read More »
After a strong showing in July, when stock indexes rebounded from their 2022 lows of June, U.S. equities abruptly reversed course in August. Here’s the damage: Index Price change – July 29 through Aug. 30 Price change – 2022 through Aug. 30 Price change – 2021 S&P 500 SPX, +0.04% -3.5% -16.4% 26.9% Dow Jones …
Here are the worst (and best) performing stocks of August and for 2022 Read More »
When the going gets tough, the tough go shopping. That sentiment has long underpinned U.S. fiscal might, as consumer spending has fueled growth for decades and remains the major driver of the nation’s gross domestic product. No wonder then that the financial health of shoppers is in sharp focus now, amid the Federal Reserve‘s bid …
The Rich Keep on Shopping. Here’s What They’re Buying. Read More »