Market Insider

5 things to know before the stock market opens Thursday

The summer rally has been very bullish, but strategists say a big sell-off next month is possible

Stocks’ summer rally may mean the worst of the bear market is over, but even so, strategists who watch charts say another big downdraft is possible in September. Some strategists, in fact, say from a technical standpoint the market could have already launched into a new bull cycle. Others disagree, saying they need more confirmation …

The summer rally has been very bullish, but strategists say a big sell-off next month is possible Read More »

Here's where China's real estate troubles could spill over

Here’s where China’s real estate troubles could spill over

China’s real estate industry accounts for more than a quarter of national GDP, according to Moody’s. Pictured here is a residential complex under construction on Dec. 15, 2021, in Guizhou province. Costfoto | Future Publishing | Getty Images BEIJING — China’s real estate troubles could spill into other major sectors if the problems persist — …

Here’s where China’s real estate troubles could spill over Read More »

Stocks making the biggest moves midday: Coinbase, AMTD Digital, Restaurant Brands, Alibaba and more

Stocks making the biggest moves midday: Coinbase, AMTD Digital, Restaurant Brands, Alibaba and more

A Burger King restaurant seen in Milton, Pennsylvania. Paul Weaver | SOPA Images | LightRocket | Getty Images Check out the companies making the biggest moves in midday trading on Thursday: Coinbase — Shares of the cryptocurrency exchange jumped about 15% after the company announced a partnership with BlackRock, the world’s largest asset manager, that …

Stocks making the biggest moves midday: Coinbase, AMTD Digital, Restaurant Brands, Alibaba and more Read More »

China signals no big stimulus is coming, while Covid controls remain

China signals no big stimulus is coming, while Covid controls remain

A worker in a protective suit cleans the floor at a subway station, after the lockdown placed to curb the coronavirus disease (COVID-19) outbreak was lifted in Shanghai, China June 2, 2022.  Aly Song | Reuters BEIJING — China’s top leaders signaled Thursday that no big stimulus for economic growth was on the way, and …

China signals no big stimulus is coming, while Covid controls remain Read More »

The economy is expected to have barely grown last quarter and it may have contracted

The economy is expected to have barely grown last quarter and it may have contracted

Shipping containers are seen at a terminal inside the Port of Oakland as independent truck driver continue protesting against California’s new law known as AB5, in Oakland, California, July 21, 2022. Carlos Barria | Reuters Economists are forecasting the economy barely grew in the second quarter, and some expect that it actually contracted. The estimates …

The economy is expected to have barely grown last quarter and it may have contracted Read More »

The Fed could surprise markets by sounding even more aggressive as economy teeters

The Fed could surprise markets by sounding even more aggressive as economy teeters

Federal Reserve Chair Jerome Powell reacts as he testifies before a Senate Banking, Housing, and Urban Affairs Committee hearing on the “Semiannual Monetary Policy Report to the Congress”, on Capitol Hill in Washington, D.C., U.S., June 22, 2022.  Elizabeth Frantz | Reuters The Federal Reserve is widely expected to raise interest rates by another three-quarters …

The Fed could surprise markets by sounding even more aggressive as economy teeters Read More »

Markets face what could be the most important week of summer with Fed, earnings and economic data

Markets face what could be the most important week of summer with Fed, earnings and economic data

A trader works on the floor of the New York Stock Exchange (NYSE), June 27, 2022. Brendan McDermid | Reuters There’s a head-spinning amount of news for markets to navigate in the week ahead, the biggest of which will be the Federal Reserve’s midweek meeting. The two largest U.S. companies — Microsoft and Apple — …

Markets face what could be the most important week of summer with Fed, earnings and economic data Read More »

Stocks making the biggest moves premarket: American Express, Verizon, Twitter and more

Stocks making the biggest moves premarket: American Express, Verizon, Twitter and more

Check out the companies making headlines before the bell: American Express (AXP) – American Express rallied 4.5% in the premarket after beating top and bottom line estimates for the second quarter. Card members registered record spending, driven by a rebound in travel and entertainment. Verizon (VZ) – Verizon fell 4.4% in the premarket after adjusted …

Stocks making the biggest moves premarket: American Express, Verizon, Twitter and more Read More »

Gasoline prices may have peaked for the summer and could be headed below $4

Gasoline prices may have peaked for the summer and could be headed below $4

Gasoline prices may have peaked for the summer and are now heading toward $4 per gallon, but all bets are off if there’s a hurricane or other disruption that sends oil prices much higher or crimps fuel supplies.  The national average for unleaded gasoline was $4.467 per gallon Wednesday; prices have steadily declined from a …

Gasoline prices may have peaked for the summer and could be headed below $4 Read More »

Earnings could be an even bigger catalyst for stocks after the market’s wild ride on rate fears

Earnings could be an even bigger catalyst for stocks after the market’s wild ride on rate fears

Traders on the floor of the NYSE, July 12, 2022. Source: NYSE Investors are likely to switch their focus to earnings season, after the market’s wild ride on rising and falling expectations for Federal Reserve rate hikes. Stocks were volatile in the past week. The three major indexes posted sharp gains Friday, after worries the …

Earnings could be an even bigger catalyst for stocks after the market’s wild ride on rate fears Read More »