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‘Bear Market’ Is Trending as Inflation Pummels Corporate America

‘Bear Market’ Is Trending as Inflation Pummels Corporate America

Investors are freaking out about the stock market as inflation pummels major retailers like Walmart and Target. The S&P 500 fell 3 percent last week. At one point on Friday it slipped below 3855, representing a 20 percent drop from the high of 4819 on January 4....

Historic Selloffs in Walmart and Target as Inflation Crushes Profit Margins

Historic Selloffs in Walmart and Target as Inflation Crushes Profit Margins

Retailers are having a bearish week as inflation hammers major chains like Walmart and Target. The pain began on Tuesday when WMT reported sales growth of 2.4 percent, but a 23 percent drop in operating income. TGT followed by announcing that revenue increased by 4...

Stocks Cling to Support as Inflation Rages and Interest Rates Surge

Stocks Cling to Support as Inflation Rages and Interest Rates Surge

Stocks are trying to hold a support level as investors worry about inflation and soaring interest rates. The S&P 500 slid 0.2 percent between Friday, April 29, and Friday May 6. The index swung wildly despite the small closing change. It initially plunged within a...

Global Fears Distract from Earnings as Advanced Micro and Meta Surge

Global Fears Distract from Earnings as Advanced Micro and Meta Surge

Earnings season is normally a big time for the stock market, but these days investors have bigger fish to fry. Companies including Apple (AAPL), Microsoft (MSFT) and Tesla (TSLA) barely moved after issuing quarterly results. Each beat estimates on both the top and...