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U.S. stocks jumped in early trading, then zigzagged throughout the day. The broad S&P 500 closed down 13 points, or 0.2%, after trading as low as 0.9% lower midday.
Stocks could pull back as much as 10% in the next eight weeks, Fundstrat's Tom Lee said. He told CNBC that investors should be cautious ahead of Fed interest-rate cuts and the election.
In the end, the recent drop in tech stocks boiled down to the usual market noise. Opportunistic investors should keep an eye out for this type of short-lived buying opportunity, with the obvious ...
The S&P 500 peaked for the year at 4,796 on its January 3, 2022 close, before declining 25% to its low for the year in October 2022. [11] [12]In the first 6 months of 2022, the S&P 500 fell 21%, the worst 6-month start to a year since 1970.
U.S. stocks closed with mixed results on Monday, with the Nasdaq dropping as investors sold tech stocks amid expectations for few to no Federal Reserve rate cuts this year after Friday's strong ...
Apple stock received a rare downgrade to "sell" from an analyst on Tuesday. The downgrade highlights premium-valuation concerns and some negative headlines in recent months.
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