Motley Fool News & Analysis

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• Still, the broader market index remains about 13% above its June lows.
• In keeping with recent months, the government released mixed economic data and the Federal Reserve escalated a series of borrowing cost increases meant to slow economic activity, slash demand, and dial back inflation.
• Investors are wrapping up earnings season with just a couple dozen companies in the S&P 500 yet to go.
• Stay up to date on your investments with the latest stock market news.
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For now, investors are holding tight and retaining their hard-earned optimism after June’s dip, which may become the market’s bottom if a bull market returns. Investment Implementation ("II") is a team within Wells Fargo Investment Institute, Inc. . WFII is a registered investment adviser and https://dotbig.com/ wholly owned subsidiary of Wells Fargo Bank, N.A., a bank affiliate of Wells Fargo & Company. Build protection into your financial strategy and help preserve your lifestyle and emotional well-being. People often make these mistakes when emotions interfere with their investment strategies.

The global markets may be treading cautiously as the Fed is set to hold a key symposium this week and could signal further aggressive monetary policy intentions. However, mainland Chinese stocks bucked the trend and traded higher after China’s central bank lowered rates on its 1-year and 5-year loan prime rates. China’s economy has slowed noticeably in the face of the COVID-induced lockdowns and Schwab’s Jeffrey Kleintop notes in his article, China’s Yo-Yo Economy, that its economy and stock market may remain volatile. In other economic news, South Korea’s August export and import growth both slowed. The data comes ahead of a flood of global preliminary August Manufacturing and Services PMI reports. Meanwhile, geopolitical tensions between the U.S. and China remained elevated, mostly due to the evolving situation in Taiwan, with the U.S. set to begin trade negotiations in September, of which China has expressed opposition. U.S. equities are lower near mid-session Monday as Wall Street’s summer rally stalls amid uncertainty over central bank policy tightening.

Ford Motor shares sank 5.4% after a jury on Friday ruled against the automaker in a case focused on the roof strength in one of its older pickup trucks. The 10-year Treasury yield is edging higher, as bond traders expect the Federal Reserve’s https://www.bankofamerica.com/ Jackson Hole symposium will send a hawkish message to markets. Those losses come on the back of a losing week, which snapped a four-week winning streak for the S&P 500. Still, the broader market index remains about 13% above its June lows.

Dow Plunges More Than 970 Points On Its Worst Day Since 2020

New Highs/Lows only includes stocks traded on NYSE, NYSE Arca, Nasdaq or OTC-US exchanges with over 5 days of prices, with a last price above $0.25 and below $10,000, and with volume greater than 1000 shares. DotBig We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions.

With the market showing more signs of continued weakness, investors should be playing more defense with existing positions. That doesn’t mean you should flee entirely to cash, but make sure your gains don’t evaporate and be quick to drop losing positions. On Monday, the Dow Jones Industrial Average declined 1.9%, while the S&P 500 lost 2.1%. lvmh stock As part of Tesla CEO Elon Musk’s ongoing lawsuit with Twitter, Musk is subpoenaing the social media company’s former CEO Jack Dorsey. Still, St. Louis Fed President James Bullard said in an interview last week with the Wall Street Journal that he is considering another 0.75 percentage point interest rate hike at the September meeting.

Tech Shares Slide Amid Rate Hike Fears

Cryptocurrency prices were lower early Monday, with Bitcoin and Ethereum and Dogecoin still trying to gain back losses from late last week. TCGplayer is a leading technology platform for the collectibles industry, and will continue to operate autonomously as one of the largest online marketplaces for trading card games.

An easy way to identify stock market leadership is to use the relative strength line. A strong RS line while the stock market struggles is a strong technical indicator. Palo Alto Networks and Zoom Video were key earnings movers after the close Monday. Palo Alto shares jumped more than 7% on better-than-expected DotBig results, while Zoom stock dived more than 7% in extended trade after cutting its earnings and sales outlook for the year. Dow Jones futures were higher after Monday’s stock market plunge ahead of Federal Reserve Chairman Jerome Powell’s speech from Jackson Hole on Friday.

Meisler: Bears Rip Apart Any Shot Of A Rally Monday But What About Tuesday?

Last week’s Fed minutes seemed to push back against market expectations for a dovish pivot, which had already helped spark a six-week stock market rally following the June meeting. Markets place a roughly 56% chance of a 75-basis-point rate hike on Sept 21. Fed chief Powell will give a speech Friday on the central bank’s economic outlook from Jackson Hole, Wyo. The Fed has raised interest rates this year in an attempt to bring down inflation and has signaled more increases are coming. Fed Chairman Jerome Powell is https://dotbig.com/markets/stocks/LVMH/ expected to speak at the central bank’s annual symposium in Jackson Hole, Wyoming this week, and shed some light on the pace of future interest rate hikes. Over the first half of the year, as the market plummeted and pessimism reigned, investors lowered their expectations, the strategists said. Last month, when the Federal Reserve signaled it would someday ratchet down rate increases and many corporations reported better-than-anticipated earnings, investors saw a reason for a turnabout in sentiment, they added.

Will The Stock Market Recover?

Investors hoping for a Federal Reserve pivot from its hawkish rate hikes may have been responsible for the recent rally, but the rebound also resembles a bear market rally, according to Goldman Sachs. The sudden shift arrived despite little change in the economy. In keeping with recent months, the government released mixed economic data and the Federal Reserve escalated a series of borrowing cost increases meant to slow economic activity, https://dotbig.com/markets/stocks/LVMH/ slash demand, and dial back inflation. Price Volume Leaders provide an insight to the most significant stocks based on the value of the shares traded, as opposed to Volume Leaders which only takes into account the number of shares traded. For example, 1 million shares traded at $2 has a value of $2M where 100,000 shares traded at $100 has a value of $10M . Many market analysts would consider Price Volume to be more relevant.

Markets Performance

Analysts polled by Reuters expected a 10-basis-point cut to the one-year LPR, and half of the survey respondents expected the five-year rate to be lowered by 15 basis points. The pan-European Stoxx 600 slipped 1.2% by mid-morning in DotBig London, with autos falling 2.9% to lead losses as all sectors and major bourses traded in negative territory. Netflix has bounced sharply since mid-July, but the good times for the streaming stock won’t last long, according to CFRA.

Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising lvmh stock on our websites and newsletters. Powell is expected to speak next week at the annual global central banking conference, and the Fed resumes meetings next month – which is when the next rate increase could happen.