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Stocks posted sharp weekly losses on Friday after a strong downturn in technology shares.
The bears devoured the Apple trade this week, but one technician isn’t sweating the sell-off.
The Dow Jones Industrial Average fell more than 100 points Thursday morning as Amazon and Walmart led a slide in consumer discretionary-related stocks.
Stocks fell on Wednesday as shares of Apple rolled over and fell briefly into a bear market. A decline in bank shares also pressured the broader market.
Before Ken Moelis founded his own investment bank, he was Donald Trump’s banker. The Moelis & Co. founder recently spoke about how the art of the deal has changed — and the big debt problem he thinks will soon hit the market.
Stocks investors are spooked about a lot of things, and the strong dollar biting into earnings growth is now one of them.
The reasons for investors to be pessimistic are beginning to pile up just as quickly as the market has been sliding down.
U.S. stocks rallied on Wednesday after the midterm election results came in about as expected, lifting a cloud of uncertainty that was weighing on the market.
Corporate earnings have been on a tear that soon will end, and history suggests a rough road ahead for the stock market.
Stocks rose sharply on Wednesday, the last trading day of the month, as strong earnings from General Motors and Facebook lifted sentiment. But the major averages were still on pace for sharp October losses.
Stocks usually rally after midterm elections, and corporate profit was strong in the third quarter, which should give investors comfort. But all eyes are on the Federal Reserve.
Boeing shares turned rapidly lower after a report that the United States is preparing to add tariffs to all remaining Chinese imports if trade talks between Presidents Donald Trump and Xi Jinping fail.
The stock market sell-off over the past month has gotten overdone and will be offset in part as companies return to buying back their own shares, according to a Goldman Sachs.
Executives are talking about challenges to their business they didn’t face just a few months ago. One of the biggest, they said, is the rising U.S. dollar.
Stocks recovered most of a steep decline on Friday in another volatile session on Wall Street.