Another turnaround Tuesday may be in the cards after a litany of concerns including stagflation dragged the S&P 500 SPX below 4,000 for the first time since 2021. As investors try to regroup from the worst three-day stock stretch in two yearsone more hard day of selling for the S&P might be a good thing, … Read more
High gas prices will persist for the next three years, warned investment bank Stifel, as millions of households struggle with the cost of living crisis. Supply chain disruption and spiraling liquefied natural gas (LNG) prices will provide a lethal combination for the UK energy industry, amid global volatility, with gas prices expected to remain as … Read more
What a difference a day makes. Fresh off the best percentage gain for the Dow Jones Industrial Average DJIA, -3.12% since Nov. 9, 2020, the blue-chip index was getting clobbered, along with the rest of the stock market, including the S&P 500 SPX, -3.56% and the Nasdaq Composite COMP, -4.99%. Not even US Treasurys were … Read more