Maryland Daily Record Maryland's trusted source for business and legal news
The stock market’s skid this year has pulled the S&P 500 close to what’s known as a bear market.
Tagged with: stock market Stocks
Read More »US stocks got close to a bear market. Here’s what that means.
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 ...
Tagged with: stock market wall street
Read More »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.
Tagged with: stock market T. Rowe Price
Read More »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.
Tagged with: cryptocurrency inflation investing stock market
Read More »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.
Tagged with: Gamestop stock market
Read More »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.
Tagged with: housing mortgage stock market
Read More »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, ...
Tagged with: Donald Trump stock market
Read More »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.
Tagged with: Donald Trump stock market
Read More »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 ...
Tagged with: bull market stock market wall street
Read More »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 ...
Tagged with: brian kroneberger dow jones industrial average investing Legg Mason Inc. stock market t. rowe price group inc. verdence capital advisors
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