|
Dow tumbles 600 points, enters correction territory as Trump's Iran extension fails to soothe markets: Live updates CNBCStocks set for weekly loss as Iran war and inflation cloud outlook for markets CNNStock Market Today: Dow Slips 500 Points as Brent Crude Climbs — Live Updates WSJNasdaq confirms correction, Wall Street slumps on Middle East uncertainty ReutersDow on verge of correction as
|
|
Dow tumbles almost 800 points and enters correction, S&P 500 posts fifth straight losing week: Live updates CNBCStocks sink, Wall Street's 'fear gauge' spikes as Iran war continues USA TodayDow closes in correction, S&P logs longest weekly losing streak in four years and oil settles at Iran-war highs CNNFinancial markets fall to new 2026 low as oil rises again The Washington Post
|
|
President Trump's willingness to de-escalate the Iran conflict has kept stocks from even larger losses in March — but is he losing his grip on markets?
|
|
Market leaders such as Amazon and Humana are betting on the high-margin business of unlocking people's potential as the ultimate investment
|
|
After a strong year on Wall Street fueled by market turmoil from President Donald Trump's tariff changes, the average bonus last year was three times the typical American household's income.
|
|
Trump hoped his Iran reprieve would bring a stock-market miracle — but investors aren't buying and time is short.
|
|
If the goal is to find stocks to buy when prices are lower rather than higher, it stands to reason that the time to go looking for the best stocks to buy is right now.
After all, the market is off by more than a fifth so far this year, which means it's probably safe to assume that most investors are fearful. And if most investors are fearful, well… doesn't Warren Buffett say that this is the time to get at least a little bit greedy?
SEE MORE 11 Stock Picks That Billionaires Love
Finding quality stocks to buy when seemingly everything is selling off is easier said than done, of course. And if you're looking for help from Wall Street analysts, good luck. There's a saying about analysts: "In a bull market you don't need them; in a bear market you don't want them."
That's far too harsh as an assessment - but understandable as a sentiment. It's well known that Wall Street analysts are reluctant to slap Sell calls on the stocks they cover. There are a number of reasons for this reticence, but that's a discussion for another day.
Perhaps less well known is that analysts are also pretty stingy when it comes to bestowing the highest conviction Buy recommendations on the names they follow.
As of Sept. 22, only five stocks in the S&P 500 carried consensus recommendations of Sell or Strong Sell, according to data from S&P Global Market Intelligence. At the other end of the ratings spectrum, 392 of the index's 500 stocks had consensus recommendations of Buy or Strong Buy.
That's far too many Buy calls, to be sure. We know for a fact that the vast majority of stocks turn out to be duds. Research shows that the entirety of the $75.7 trillion in net global stock market wealth created between 1990 a
|
|
Stocks continued their push higher Friday, with today's gains helping the major market indexes snap a three-week losing streak.
SEE MORE 12 REITs Flaunting Fast-Growing Dividends
There was nothing particularly new today to boost investor sentiment. Both the economic and earnings calendars were thin. And early afternoon speeches from Kansas City Fed President Esther George and Fed Governor Christopher Waller echoed the hawkish tone struck by central bank officials in recent weeks. It could just be that Wall Street has come to terms with the fact that the Fed will almost certainly issue a third-straight 75 basis point rate increase at its policy meeting later this month. Or perhaps investors are simply taking advantage of bargains from the late-August selloff.
Whatever the reason, today's rally was broad-based, with all 11 sectors finishing higher. Leading the pack was communication services, which jumped 2.8% on strong gains for components Meta Platforms (META, 4.4%) and Netflix (NFLX, 2.7%). Energy ( 2.5%) also outperformed as U.S. crude futures bounced 3.9% to $86.79 per barrel.
Sign up for Kiplinger's FREE Investing Weekly e-letter for stock, ETF and mutual fund recommendations, and other investing advice.
As for the major indexes, the Nasdaq Composite's 2.1% rally to 12,112 outpaced its peers. Still, the S&P 500 Index ( 1.5% to 4,067) and the
|
|