1. Stock futures higher as Wall Street looks to break losing streaks Traders work on the floor of the New York Stock Exchange (NYSE) on May 18, 2022 in New York City. Spencer Platt | Getty Images US stock futures were higher Thursday, the morning after the release of a key earnings report from semiconductor … Read more
After the carnage in tech stocks this year, CNBC Pro went searching for some of the cheapest names in the sector. Investors are turning away from names in the sector as rising inflation weighs on technology companies, and Wall Street deliberates how much lower those stocks have to fall. The Nasdaq Composite, which is dominated … Read more
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Nasdaq futures slide, a day after tech-heavy index sank more than 2% Traders on the floor of the NYSE, May 23, 2022. Source: NYSE US stock futures fell Wednesday, one day after the Nasdaq dropped 2.4% as … Read more
Evan Spiegel, CEO and co-founder of Snap Inc. Adam Galica | CNBC Social media companies were already having a rough year from the cutback in digital ad spending caused by rising inflation, supply chain challenges and the war in Ukraine. Forecasts for the second quarter called for meager growth at best, and stock prices were … Read more
Three analysts share their outlook for tech, with one saying it’s ready for a hard rally, and another naming some “very interesting” stocks in the sector. Chris Watling, chief executive of Longview Economics, said the stock market as a whole is “ready to rally.” “We just need a whiff of good news from somewhere to … Read more
Traders on the NYSE, May 20, 2022. Source: NYSE Stock futures rose in overnight trading Sunday after the Dow Jones Industrial Average fell for its 8th straight week amid a broader market sell-off. Futures on the Dow industrial average gained 224 points, or 0.72%. S&P 500 futures added 0.9% and Nasdaq 100 futures rose 1.11%. … Read more
SINGAPORE – Shares in the Asia-Pacific region were poised to open mixed on Monday as global concerns continue to plague markets. In Japan markets, the Nikkei futures contract in Chicago was at 26,920, while its counterpart in Osaka was at 26,750. The Nikkei 225 closed at 26,739.03 on Friday. Australia’s SPI futures were at 7,129, … Read more
As terrifying as it may be to watch your portfolios dip, investors should resist the urge to drop everything and go scurrying into cash. The S&P 500 has tumbled 18% this year and briefly fell into a bear market during Friday’s session – a decline of 20% from its highs. The Nasdaq Composite, entrenched in … Read more
The relentless sell-off in stocks started marking some grim milestones this past week. The S&P 500 briefly dipped on Friday into bear market territory, trading more than 20% below its January intraday record. There’s no official definition for a bear market, so investors will debate whether we are in one officially now or not. Many … Read more
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures rise after S&P 500 closes on brink of a bear market Traders work on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, US, May 19, 2022. Andrew Kelly … Read more