With nothing more than a quick glance at the numbers it would be easy to assume the stock market just slipped over the edge. The S&P 500 tumbled a little more than 2.0% on Tuesday, while the NASDAQ Composite slipped 2.8%. Given the recent weakness from both indices prior to today, Tuesday's steep selloff surely dragged stocks past the point...
With nothing more than a quick glance at the numbers it would be easy to assume the stock market just slipped over the edge. The S&P 500 tumbled a little more than 2.0% on Tuesday, while the NASDAQ Composite slipped 2.8%. Given the recent weakness from both indices prior to today, Tuesday's steep selloff surely dragged stocks past the point...
By Keris Lahiff, CNBC Piper Sandler is betting big on Best Buy. Analysts at the firm called the stock "one of our top ideas," saying its new membership program could be a game changer. The firm has an overweight rating and $150 target on Best Buy. But, it's not the only retailer catching Wall Street's eye. CNBC's "Trading Nation" on...
Most veteran traders understand the rally's been on borrowed time. So, Monday's curious weakness wasn't curious at all. The NASDAQ Composite fell the most, nudging the S&P 500 into the red with it. The Dow actually logged a gain, while the Russell 2000 exploded higher. Makes sense. It looks like investors are swapping out their more aggressive names for seemingly...
Most veteran traders understand the rally's been on borrowed time. So, Monday's curious weakness wasn't curious at all. The NASDAQ Composite fell the most, nudging the S&P 500 into the red with it. The Dow actually logged a gain, while the Russell 2000 exploded higher. Makes sense. It looks like investors are swapping out their more aggressive names for seemingly...
As expected, stocks bounced back hard from Monday's meltdown. As was feared, however, the rebound effort didn't actually get the market back above some key lines in the sand. That could still happen, mind you. As is the case with breakdowns, rebounds can be more of a process than an event. A recovery could take two or three tries before...
As expected, stocks bounced back hard from Monday's meltdown. As was feared, however, the rebound effort didn't actually get the market back above some key lines in the sand. That could still happen, mind you. As is the case with breakdowns, rebounds can be more of a process than an event. A recovery could take two or three tries before...
By Keris Lahiff, CNBC The S&P 500 is still just 2% away from its record high despite the recent sell-off. But, the same can't be said for some of the beaten-down stocks in the index. Penn National Gaming, Biogen, Gap, Western Digital, Take-Two Interactive and Dollar Tree are among those S&P 500 names more than 20% off their 52-week highs....
— Disney stock is clinging to support now after looking so good just a few days ago. Here's how to trade it now. — By Bret Kenwell, TheStreet.com Disney (DIS) shares are catching a bit on Wednesday, up about 1% after taking a hit on Tuesday. The stock fell 4.2% on Tuesday, following comments from management that subscription growth for...
By Keris Lahiff, CNBC The S&P 500 just closed its worst day since May on Monday, accelerating a September slump triggered by China's Evergrande debt crisis, seasonal weakness and a looming deadline to raise the debt ceiling. Those concerns contributed to market unease, but Bianco Research President Jim Bianco says the market's next move all comes back to one central...
