GM Stock Has Been Hammered, Which Makes Owning a Piece of Its EV Future a Bargain

Text size GM has been showing off its Cadillac Lyriq SUV electric vehicle, priced like Tesla’s Model Y. Courtesy of Cadillac Inflation, rising interest rates, and recession fears have all conspired against General Motors stock. Its shares are still worth owning. Barron’srecommended buying General Motors (ticker: GM) stock in early May. The timing wasn’t great. … Read more

This first half ranks among the market’s worst on record. Here’s what typically happens next

The first half of this year ranks among the worst on record for stocks, with the S & P 500 losing more than a fifth of its value. But, the selling could ease a bit in the second half, if history of similar terrible starts is any guide. Mounting fears of a recession caused by … Read more

Dow Futures Sink on Recession Fears, Ahead of Powell Testimony

Text size People walk along Wall Street, near the New York Stock Exchange in New York. (Photo by ED JONES/AFP via Getty Images) Stock futures fell Wednesday, eating into a good chunk of the previous session’s gains, as investors went back to worrying that the Federal Reserve’s aggressive plans to tighten monetary policy could lead … Read more

Dow Futures Surge as Wall Street Rebounds From Last Week’s Steep Selloff

Text size Traders work on the floor of the New York Stock Exchange. Spencer Platt/Getty Images Stock futures traded sharply higher Tuesday as investors returned from a three-day weekend feeling a bit more optimistic after last week’s steep selloff. Contracts linked to the Dow Jones Industrial Average rose 450 points, or 1.5%, to 30,319, S&P … Read more

Buy these stocks with strong balance sheets, cash flow

It’s a tough year to be invested in stocks, with the stock market experiencing a seemingly never-ending cycle of gyrations. Major U.S. indexes fell last week, with the Dow Jones Industrial Average ending the week at 29,888.78 — just a day after it dipped below the key 30,000 level for the first time since January … Read more

Citigroup Stock Is the Cheapest of the Big Banks. It’s Ready to Take Off.

Text size Even Warren Buffett’s Berkshire Hathaway has been buying Citi stock, a vote of confidence if there ever was one. Mario Tama/Getty Images Bank stocks have gotten hit as concerns about the U.S. economy have grown. They’re starting to look like bargains, and none more so than Citigroup . The SPDR S&P Bank exchange-traded … Read more

Stock Market Today: Dow’s Fed Day Gains Disappear, Tesla Slides, Amazon Drops

Text size Federal Reserve Chairman Jerome Powell. JIM WATSON/AFP via Getty Images The stock market was tumbling Thursday as pessimism replaced optimism following the Federal Reserve’s three-quarter point rate increase—and the possibility it could drive the economy into recession. Dow Jones Industrial Average futures have fallen 464 points, or 1.5%, while S&P 500 futures have … Read more

What experts say to do during a bear market

The months-long slide for the S&P 500 index has officially thrown stocks far enough off of their all-time highs to be considered a bear market. Since the beginning of 2022, the S&P 500 index is down nearly 21% as of Monday afternoon, with companies like Amazon and Google parent Alphabet leading the way with their … Read more

S&P 500 is in official bear market, according to S&P Dow Jones Indices

Traders on the floor of the NYSE, June 13, 2022. Source: NYSE It’s official, according to the folks who decide which markets are bulls and which are bears, not to mention which stocks go into the Dow Jones Industrial Average and the S&P 500. U.S. stocks on Monday entered a bear market because the S&P … Read more

The stock market tends to lose a third of its value heading into recessions, RBC says

Fears of a recession briefly pushed stocks back into bear market territory Monday, and history showed losses could accelerate if an economic downturn does arrive, according to RBC. The Wall Street firm studied U.S. recessions and market performance since the 1930s, and it found that the S & P 500 has fallen an average of … Read more