Stock market bulls are hoping October is another “bear killer”. Because the skeptics are not convinced.

While September lived up to its reputation as a brutal month for equities, October tends to be a “bear market killer” known for its historically strong returns especially during the mid-term election years. Skeptics, however, warn investors that negative economic fundamentals could overwhelm seasonal trends as what has traditionally been the hardest time for equities … Read more

Nike shares drop 10% as executives expect cheaper clothing at least for the rest of the year

Shares of Nike Inc. tumbled as much as 10% after business hours Thursday after executives from the sportswear giant said price-cutting efforts to wash off-season clothes from warehouses in North America would dented gross margins for the remainder of the fiscal year and warned of great potential hit by the stronger dollar. Management also said … Read more

Opinion: Rate hikes are scaring the market, but equity investors are focusing on the wrong rate

The stock market has been scared of rising interest rates. Let’s think carefully, from the point of view of value investing, about these fears. Warren Buffett said investors should think of stocks as “disguised bonds,” as shares pay dividends, similar to coupons paid by bonds, and can be valued similarly. Bonds are routinely valued by … Read more

Crypto CEOs are quitting their jobs. Here because

Hi, welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, a cryptocurrency journalist at MarketWatch. This week I will walk you through the latest and greatest in the world of digital assets. Over the past few weeks, CEOs of several major cryptocurrency companies have left their … Read more

Dow tumbles 600 points as the stock market sweeps away Wednesday’s rebound

US equities extended losses in afternoon trading Thursday after a series of economic data reinforced expectations that the Federal Reserve will continue to aggressively raise interest rates in an effort to keep inflation in check. How shares are traded The Dow Jones Industrial Average DJIA, -1.54% lost 614 points, or 2.1%, to 29,070. The S&P … Read more

Opinion: Here’s how to trade this still dangerous stock market

The S&P 500 index traded at new intraday and closing lows for 2022 last week. That move exacerbated the oversold conditions that had been creating for some time. Such oversold conditions can produce sharp but short-lived oversold increases, as happened in September. 28. However, the big picture is that the S&P SPX, -2.49% the chart … Read more

Opinion: Here’s how to trade this still dangerous stock market

The S&P 500 index traded at new intraday and closing lows for 2022 last week. That move exacerbated the oversold conditions that had been creating for some time. Such oversold conditions can produce sharp but short-lived oversold increases, as happened in September. 28. However, the big picture is that the S&P SPX, -1.87% the chart … Read more

UK bond market chaos disrupts Treasury debt auctions as volatility bleeds across borders

The chaos in the UK government bond market impacted global markets in several ways, but in the US it initially pushed Treasury bond yields up in solidarity, while increasing the cost at which the Treasury US has financed nearly $ 90 billion in debt. On Monday, an auction of $ 43 billion of 2-year Treasuries … Read more

UK bond yields plummet after the Bank of England stepped in to buy “whatever scale needed”

UK gilts yields fell from a 14-year high after the Bank of England said it would buy bonds at “whatever scale is needed” to restore orderly market conditions. The 10-year benchmark gilt yield TMBMKGB-10Y, 4.014%, moving in the opposite direction to prices, it fell 49 basis points to 4.03%, after falling at one point below … Read more

Why a rising 10-year Treasury yield is disrupting financial markets as it approaches 4%

The 10-year Treasury yield, a vital benchmark that influences a wide range of consumer financing costs, is about to hit 4% for the first time in at least 12 years, a development that is starting to take hold in financial markets. The rate TMUBMUSD10Y, 3.986% It climbed to 3.988% on Tuesday, more than double from … Read more