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US stocks got close to a bear market. Here’s what that means.
The stock market’s skid this year has pulled the S&P 500 close to what’s known as a bear market.
Stocks end rocky week with their 5th straight weekly decline
NEW YORK — A turbulent week on Wall Street ended Friday with more losses and the stock market’s fifth straight weekly decline. The latest pullback came as investors balanced a strong U.S. jobs report against worries the Federal Reserve may cause a recession in its drive to halt inflation. The S&P 500 ended with a […]
T. Rowe’s assets under management, revenue fall as market struggles
T. Rowe Price’s assets under management and revenues were down in the first quarter of 2022.
Markets 2021: Stocks soar, IPOs explode, crypto goes wild
Wall Street delivered another strong year in 2021, as a resurgence in consumer demand fueled by the reopening of the global economy pumped up corporate profits.
GameStop ‘meme stock’ mania severely tested market system, SEC says
As GameStop's stock shot upward, some of the stock market's plumbing began creaking, but a report says the market's basic systems and operations remained sound.
US average mortgage rates rise; 30-year loan at 3%
Mortgage rates rose this week, pushing the benchmark 30-year home loan to the 3% mark for the first time since mid-April. Signs continued of the economy’s recovery from the pandemic recession, and a burst of inflation rattled stock markets.
US stocks rebound as traders return from Christmas holiday
U.S. stocks surged Wednesday, recovering all their losses from a Christmas Eve plunge and placing the market on track for its best day in nine months. Gains in technology companies, retailers, health care and internet stocks drove the broad rally, which gave the benchmark S&P 500 index some breathing room after it slid Monday to […]
Trump once boasted of market gains, now tweets precede drops
On Monday, stocks slid an additional 2 to 3 percent after another Trump tweet-attack on the Fed and an effort by his Treasury secretary to calm investors' fears that only seemed to make matters worse.
Born out of the financial crisis, bull market nears record
The bull market in U.S. stocks is about to become the longest in history. If stocks don’t drop significantly by the close of trading Wednesday, the bull market that began in March 2009 will have lasted nine years, five months and 13 days, a record that few would have predicted when the market struggled to […]
Remain disciplined despite market’s volatility, Md. financial advisers say
Maryland money managers preached patience after a tumultuous week reintroduced volatility to the stock market, triggering headlines and frequent push alerts from news services. The Dow Jones Industrial Average and S&P 500 dipped into a correction this week, but the underlying economic vitals remained strong and investors who remain disciplined should be rewarded, managers said. “I […[...]
As stock prices sink, ordinary Americans keep their heads up
WASHINGTON (AP) — Even as anxious investors send stock prices plunging, many Americans are sounding a rather different note: They’re staying calm and carrying on. Some wonder if they may have to work a few extra years to recoup some of their shrunken retirement savings. Others concede that the meltdown might have wiped out investments […]
Developers shrug off chaotic stock market
As the U.S. stock market plummeted on Monday with memories of the 2008 financial crisis still fresh, developers generally shrugged off worries the volatile market could signal a coming economic slump that could hinder building. Developers with projects in the pipeline in Baltimore generally stayed calm, saying yesterday’s tumble and the past week’s struggles are […]
