S&P 500

Dow Jones, S&P 500 stock market futures point to sharply lower open · Inflation data may prompt Fed to raise interest rates even higher · Bitcoin, crypto crashing.

Since higher interest rates make borrowing more expensive, dragging on spending and investments by households and companies, there also is a risk the Fed could push the U.S. economy into a recession. Record-low interest rates engineered by the Fed and other central banks have helped keep investment prices high. The growing expectation is for the Fed to raise its key short-term interest rate by half a percentage point at each of its next three meetings, beginning next week. The price for Bitcoin neared $68,000 late last year. But inflation accelerated to 8.6% in May. That’s a decline of more than 20% since Jan. 3 and if it holds until markets close, it would push Wall Street’s main barometer of health into a bear market.

U.S. stock futures sank Monday after the worst week on Wall Street since January. Bond yields soared as investors braced for the Federal Reserve to increase ...

Shares of the cryptocurrency exchange Coinbase (COIN) sank more than 14% amid the sharp pullback in the prices of bitcoin and other digital assets over the weekend. Wolfe Research downgraded the stock to underperform from peer perform over the weekend. The joint statement backing the deal was signed by 10 Democrats and 10 Republicans. (NBC News) The benchmark 10-year yield later popped to 3.26%. (CNBC) Last week the FDA posted a similar analysis of Moderna's shots for children under 6 years old, ahead of Wednesday's FDA meeting of outside experts. The Fed is in a tough spot, trying to cool things off with tighter monetary policy while trying not to tip the economy into a recession.

The S&P 500 was on track to open in bear market territory, while global stocks tumbled and bond yields jumped as fears over inflation rattled investors ...

- Saks Fifth Avenue:$20 off sitewide + free shipping - Saks Fifth Avenue coupon You may cancel your subscription at anytime by calling Customer Service. Contracts for the technology-focused Nasdaq-100, which entered bear market territory in March, were down 2.9%. Futures for the Dow Jones Industrial Average fell 1.9%, or more than 500 points.

The bear is back. The S&P 500 on Monday was threatening a fall that would confirm what many investors have been saying for months: The large-cap benchmark ...

Generally speaking, the S&P 500 has fallen further once a bear market begins. A bear market is declared over once the S&P 500 has risen 20% from a low. Beyond the averages, there’s a lot of variability in the length and depth of past bear markets. The steepest fall, a peak-to-trough decline of nearly 57%, occurred in the 17 months that marked the 17-month bear market that accompanied the 2007-2009 financial crisis. Stocks subsequently bounced, but the rebound has since given way as recession fears have increased. Investors fear the Federal Reserve will have to raise rates even more aggressively than already expected, risking recession in their effort to tame inflation.

Stocks fell sharply on Monday after a stronger-than-expected inflation report spooked investors. The S&P 500 entered a bear market once again after briefly ...

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The stock market tanked Monday morning, with the S&P 500 falling back into bear market territory as investors nervously look ahead to the Federal Reserve's ...

The majority of last week’s losses came on Friday after hotter-than-expected inflation data spooked markets and raised recession fears, with the Dow plunging nearly 900 points in one day. The benchmark S&P 500 is on track to hit a new low point for 2022, falling back into bear market territory on Monday and down more than 20% from its record high at the start of the year. The stock market tanked Monday morning, with the S&P 500 falling back into bear market territory as investors nervously look ahead to the Federal Reserve’s upcoming policy meeting, with last week’s record-high inflation reading leading to a spike in recession fears.

Wall Street's main stock indexes fell sharply on Monday, with the S&P 500 on track to confirm a bear market on fears that the Federal Reserve's aggressive ...

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Banks forecast 75 bps Fed hike on June 15 · Wall St 'fear gauge' surges to one-month high · Indexes down: Dow 2.10%, S&P 2.99%, Nasdaq 3.78% · S&P 500 hits lowest ...

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NEW YORK — The benchmark S&P 500 was down more than 20% from its Jan. 3 record closing high in early trading Monday as investors sold stocks amid worries ...

This year’s downturn is a pivotal shift for the market after its swift and strong post-pandemic rally. Article content Article content It would be the first time the S&P 500 has confirmed a bear market since the 2020 Wall Street plunge brought on by the COVID-19 pandemic. Article content

Banks forecast 75 bps Fed hike on June 15; Wall Street 'fear gauge' spikes to near one-month high.

More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance. Your support through more subscriptions can help us practise the journalism to which we are committed. "There was some speculation the Fed may speed up their rate rise, perhaps even to a quarter percent at this next meeting, which I would suggest is not enough to be able to really significantly slow down inflation, but all that means is that there's troubled times ahead for the economy." Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. The Fed's interest rate decision is due on June 14-15, with focus on the speed and scale of rate hikes that policymakers believe will be needed to quash red-hot inflation. Declining issues outnumbered advancers by a 20.4-to-1 ratio on the NYSE and by about a 11.3-to-1 ratio on the Nasdaq. At 09:56 a.m. the Dow Jones Industrial Average fell 611.99 points, or 1.95% , to 30,780.80, the S&P 500 lost 96.57 points, or 2.54%, to 3,801.89 and the Nasdaq Composite lost 342.18 points, or 3.02%, to 10,997.85. Wall Street's main stock indexes fell sharply on Monday, with the S&P 500 on track to confirm a bear market on fears that the Federal Reserve's aggressive rate hikes would tip the economy into recession. The benchmark index is more than 20% below its record closing high of Jan. 3, as worries over inflation, rate hikes and the Ukraine war push it into bear market territory for the second time since the pandemic-led rout on Wall Street in 2020.

On Wall Street, the S&P 500 was 21.3% below its record set early this year. If it finishes the day more than 20% below that high, it would enter what ...

The last bear market wasn’t that long ago, in 2020, but it was an unusually short one that lasted only about a month. Some of the biggest hits came for cryptocurrencies, which soared early in the pandemic when record-low interest rates encouraged some investors to pile into the riskiest investments. If the two-year yield tops the 10-year yield, some investors see it as a sign of a looming recession. Get the latest investing insights delivered right to your inbox three times a week, with the Globe Investor newsletter. On Wall Street, the S&P 500 was 20.6% below its record set early this year. That is, they did until inflation showed that it was worse than just a “transitory” problem as initially portrayed. No one thinks the Fed will stop there, with markets bracing for a continued series of bigger-than-usual hikes. The center of Wall Street’s focus was again on the Federal Reserve, which is scrambling to get inflation under control. Traders now see a nearly 33% probability of such a mega-hike, up from just 3% a week ago, according to CME Group. It has more than doubled this year. Such expectations are also sending U.S. bond yields to their highest levels in years. The Dow Jones Industrial Average was down 530 points, or 1.7%, at 30,876, and the Nasdaq composite was 2.9% lower.

Stocks sold off Monday, pushing the S&P 500 to a fresh 2022 low and back into bear market territory, as recession fears grew ahead of a key Federal Reserve.

Investors are looking ahead to Wednesday when the Fed is expected to announce at least a half-point rate hike. The 2-year Treasury yield was last up 23 basis points to 3.28 percent and earlier traded above its 10-year counterpart for the first time since April, a so-called yield curve inversion seen as an indicator of a recession. Meanwhile, Bitcoin tumbled below $24,000 on Monday and hit its lowest level since 2020 as risk-averse investors continued to dump crypto as rates rise. That would be a bearish read through for stocks.” The benchmark is nearly 21 percent from its record, back in bear market territory after trading there briefly on an intraday basis about three weeks ago. Delta Air Lines dropped more than 7 percent while United tumbled about 10 percent.

Bear market – a plummet of 20% or more – comes as investors fret about high inflation and possibility of further rate increases.

The last bear market wasn’t that long ago, in 2020, but it was an unusually short one that lasted only about a month. If the two-year yield tops the 10-year yield, some investors see it as a sign of a looming recession. Bitcoin tumbled more than 18% and dropped below $22,700, according to Coindesk. It’s back to where it was in late 2020 and down from a peak of $68,990 late last year. No one thinks the Fed will stop there, with markets bracing for a continued series of bigger-than-usual hikes. The center of Wall Street’s focus was again on the Federal Reserve, which is scrambling to get inflation under control. Traders now see a 34% probability of such a hike, up from just 3% a week ago, according to CME Group.

Stocks dropped around the world, investors dumped government bonds and cryptocurrencies crashed as the U.S. stock market fell more than 20 percent from its ...

In the early 2000s, stocks began to slide and the economy slowed as the dot-com bubble burst. One of three bear markets in the 1960s preceded a recession. The last bear market, which happened in early 2020 as the coronavirus spread and led to widespread global shutdowns, was the shortest on record. Of course, the stock market can sometimes provide a hint of what will happen in the real world. A staggering number that puts the scale of a bear market in perspective: $7.4 trillion. Despite the market downturn, valuations — the measure of stock prices relative to corporate earnings — “remain far from depressed,” analysts at Goldman Sachs wrote in a recent report. New lockdowns in China due to Covid have weighed on the oil market since China is the biggest importer of crude and petroleum products. Predicting when a bear market will end and the next bull market will start is a fruitless task, with one big exception: Intervention by the Federal Reserve would be a crucial sign of a change in fortune for the stock market. The coin’s $1 peg was underpinned by complex financial engineering that linked it to a sister cryptocurrency called Luna. When the price of Luna plummeted in May, TerraUSD fell in tandem — a “death spiral” that destabilized the broader market. That is sure to increase the sense of unease at the Fed, which is trying to quash high inflation before it changes behavior and becomes a more permanent feature of the economic backdrop. For now, though, battling inflation is the central bank’s main priority, and it has signaled that large rate increases are on the horizon, one of which will probably be announced this week. The Fed hasn’t made such a large move since the early 1990s, and that 2.75 percent upper limit would be the highest the federal funds rate has been since the global financial crisis in 2008.

The bear is growling on Wall Street. Monday's stock market drop officially put the S&P 500 stock index in a bear market, meaning it has declined 20% or more ...

The average S&P 500 decline over the course of those bear markets was more than 35%, according to Ned Davis Research. Michael O’Keeffe, chief investment officer at Stifel, predicts the new bear market will be relatively short-lived. “If we are at or near inflation peak inflation then buying at these levels is going to be positive in the long-term.” "But looking out strategically, based on better valuations and still mostly favorable fundamentals, we think the long-term outlook has brightened quite a bit." Despite Monday’s widespread selloff, McDonald’s and Domino's Pizza were among the few stocks that closed higher. Some Wall Street economists, including from JP Morgan, Barclays, and Jefferies, have revised their predictions to align with that.

Since the modern S&P 500 index began in the late 1920s, the average bear market has translated into a 38% price decline lasting an average of almost 19 ...

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Traders work on the floor of the New York Stock Exchange (NYSE) on Friday in New York City. Stocks slumped on Monday following a stronger-than-expected report ...

In recent weeks, a growing number of executives have sounded warnings about the future of the U.S. economy. The index that tracks the 500 stocks of mostly the largest U.S. companies. Trillions of dollars, including from retirement portfolios, are invested in index funds that make up the stocks of the S&P 500. Stocks are not the only market getting hammered. The S&P 500 slumped nearly 4%, entering a bear market territory, meaning the broad benchmark index has now dropped more than 20% from its most recent high. Stocks have had a miserable year because of inflation fears.

Wall Street's main stock indexes fell sharply and the S&P 500 was on track to confirm a bear market on Monday on fears that the Federal Reserve's ...

Article content The Nasdaq Composite index confirmed it was in bear market territory on March 7 and has declined nearly 28% this year. Article content Article content Article content

Fears about a fragile economy and stubbornly high inflation have slammed the stock market in recent days and sent Treasury yields surging to their highest ...

The coronavirus crash in early 2020 was Wall Street's last bear market, and it was an unusually short one that lasted only about a month. Some of the biggest hits came for cryptocurrencies, which soared early in the pandemic as ultralow rates encouraged some investors to pile into the riskiest investments. When the two-year yield tops the 10-year, an unusual occurrence, some investors see it as a sign of a looming recession. That’s its worst such stretch since the earliest days of the coronavirus crash in March 2020. They're also a particularly painful hit for older and more conservative investors who depend on them as the safer parts of their nest eggs. The Dow lost 876.05, or 2.8%, to 30,516.74 on Monday, and the Nasdaq composite dropped 530.80, or 4.7% to 10,809.23. The economy is still holding up overall, but the danger is that the job market and other factors are so hot that they will feed into higher inflation. The two-year Treasury yield shot to 3.36% from 3.06% late Friday in its second straight major move. No one thinks the Fed will stop there, with markets bracing for a continued series of bigger-than-usual hikes. At the center of the sell-off again was the Federal Reserve, which is scrambling to get inflation under control. The Dow Jones Industrial Average was briefly down more than 1,000 points before finishing with a loss of 876. That’s triple the usual amount and something the Fed hasn’t done since 1994.

Wall Street is opening the week with more losses, and the S&P 500 has fallen to a level that market observers consider to be a bear market.

It took less than three weeks for stocks to rise 20% from their low in March 2020. The biggest decline since 1945 occurred in the 2007-2009 bear market when the S&P 500 fell 57%. That includes two separate days in the middle of the 2007-2009 bear market where the S&P 500 surged roughly 11%, as well as leaps of better than 9% during and shortly after the roughly monthlong 2020 bear market. If you need the money now or want to lock in the losses, yes. But the pain is spreading widely, with retailers signaling a shift in consumer behavior. Higher rates also make investors less willing to pay elevated prices for stocks, which are riskier than bonds, when bonds are suddenly paying more in interest thanks to the Fed. The risk is the Fed could cause a recession if it raises rates too high or too quickly. Consumer prices are at the highest level in four decades, and rose 8.6% in May compared with a year ago. The central bank has already raised its key short-term interest rate from its record low near zero, which had encouraged investors to move their money into riskier assets like stocks or cryptocurrencies to get better returns. Market enemy No. 1 is interest rates, which are rising quickly as a result of the high inflation battering the economy. The last bear market happened just two years ago, but this would still be a first for those investors that got their start trading on their phones during the pandemic. Big swings have become commonplace and Monday appears to be no exception.

Dow Jones Industrial Average futures rose by 67 points, or 0.2%. S&P 500 and Nasdaq 100 futures climbed 0.3% and about 0.5%, respectively. Those moves came ...

Investors are bracing themselves for the possibility of a larger-than-expected interest rate hike this week after CNBC's Steve Liesman confirmed on Monday that the Federal Reserve will "likely" consider a 75-basis-point increase, which is greater than the 50-basis-point hike many traders had come to expect. to show that he really is concerned about inflation," he continued. Wall Street is also expecting the latest reading on the May producer price index on Tuesday before the bell at 8:30 a.m. The Nasdaq Composite dropped nearly 4.7%, or more than 33% off its November record. Those moves came after intense selling of stocks during the regular session on Wall Street. The S&P 500 slumped 3.9% to its lowest level since March 2021, and falling more than 21% from its January record. Meanwhile, the Dow tumbled more than 876 points, or 2.8%, which is roughly 17% off its record high.

Wall Street is back in the claws of a bear market as worries about inflation and higher interest rates overwhelm investors. The Federal Reserve has signaled ...

When the S&P 500 has fallen 20% at a faster clip, the index has averaged a loss of 28%. The biggest decline since 1945 occurred in the 2007-09 bear market when the S&P 500 fell 57%. That includes two separate days in the middle of the 2007-09 bear market during which the S&P 500 surged roughly 11%, as well as leaps of better than 9% during and shortly after the roughly monthlong 2020 bear market. Many of the best days for Wall Street have occurred either during a bear market or just after the end of one. But the pain is spreading widely, with retailers signaling a shift in consumer behavior. The risk is that the Fed could cause a recession if it raises rates too high or too quickly. Higher rates also make investors less willing to pay elevated prices for stocks, which are riskier than bonds, when bonds are suddenly paying more in interest thanks to the Fed. Market enemy No. 1 is interest rates, which are rising quickly as a result of the high inflation battering the economy. Consumer prices are at the highest level in four decades, and rose 8.6% in May compared with a year earlier. The Nasdaq composite already is in a bear market, down 32.7% from its peak of 16,057.44 on Nov. 19. The most recent bear market for the S&P 500 ran from February 19, 2020, through March 23, 2020. The Federal Reserve has signaled it will aggressively raise interest rates to try to control inflation, which is the highest in decades.

Among stocks in the S&P 500 consumer discretionary index , down 67% from its high. The cruise ship company's stock slumped more than 10% on Monday. Within the ...

The S&P 500 is now priced at about 17 times expected earnings, which is in line with its average forward PE over the past 10 years, according to Refinitiv data. Register now for FREE unlimited access to Reuters.com Register now for FREE unlimited access to Reuters.com Over two thirds of S&P 500 stocks were down more than 20% from their own 52-week highs as of Monday's close. The S&P 500 has now tumbled about 22% since its Jan. 3 record high close, confirming it has been in a bear market since hitting that high. Register now for FREE unlimited access to Reuters.com

Some big names, such as Halliburton and Exxon Mobil, are slumping on Monday.

Exxon Mobil (XOM), which hit a new all-time high last week, was down 4.5%. Energy stocks were the worst performers in the S&P 500 on Monday, falling 4.5% around midday after dropping as much as 7% during the worst of the morning selloff. Energy Stocks Fall as Much as 7%. They Are Leading the S&P 500 Lower.

Wall Street is back in the claws of a bear market as worries about inflation and higher interest rates overwhelm investors. The Federal Reserve has signaled ...

When the S&P 500 has fallen 20% at a faster clip, the index has averaged a loss of 28%. The biggest decline since 1945 occurred in the 2007-2009 bear market when the S&P 500 fell 57%. That includes two separate days in the middle of the 2007-2009 bear market where the S&P 500 surged roughly 11%, as well as leaps of better than 9% during and shortly after the roughly monthlong 2020 bear market. Many of the best days for Wall Street have occurred either during a bear market or just after the end of one. But the pain is spreading widely, with retailers signaling a shift in consumer behavior. Higher rates also make investors less willing to pay elevated prices for stocks, which are riskier than bonds, when bonds are suddenly paying more in interest thanks to the Fed. The risk is the Fed could cause a recession if it raises rates too high or too quickly. Market enemy No. 1 is interest rates, which are rising quickly as a result of the high inflation battering the economy. Consumer prices are at the highest level in four decades and rose 8.6% in May compared with a year ago. The most recent bear market for the S&P 500 ran from February 19, 2020, through March 23, 2020. But the "buy the dip" rallying cry popular after every market slide has grown more fainter — a recent rebound in stock prices was wiped out by a furious bout of selling over the past four days. The Federal Reserve has signaled it will aggressively raise interest rates to try to control inflation, which is the highest in decades.