This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, December 30, 2022 Today’s newsletter is by Myles Udland, senior markets editor at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn. […]
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The massacre in the marketplaces this past 7 days wrecked retail stocks, as Walmart (WMT) posted its worst week at any time, falling 20{1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a}. Amid the carnage, buyers piled into overwhelmed-down names like the Ark Innovation ETF (ARKK) when shunning the finest performing sector of the yr. The power sector’s […]
U.S. stocks rallied Tuesday, clawing back from a rough start to the week as investors assessed a deluge of earnings reports for clues on how corporate America has fared against a backdrop of war in Eastern Europe and rising inflationary pressures. [Click here to read what’s moving markets heading into […]
U.S. stocks fell Wednesday as investors eyed more hawkish remarks from key monetary policymakers. These suggested that more members of the Federal Reserve were open to moving aggressively to raise interest rates and bring down demand and persistently elevated levels of inflation. [Click here to read what’s moving markets heading […]
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