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The Selloff Worsened Last Week as Coronavirus Shut Down the U.S. Economy

The Selloff Worsened Last Week as Coronavirus Shut Down the U.S. Economy

The stock market's slide worsened last week as coronavirus forced a broad shutdown of the U.S. economy. The S&P 500 declined 15 percent between Friday, March 13, and Friday, March 20. It was the biggest weekly drop since the 2008 financial crisis. Less than 1/20...

Three Ways the Market Is Completely Obsessed with Coronavirus

Three Ways the Market Is Completely Obsessed with Coronavirus

Stocks tried to bounce last week as markets obsessed over the spread of coronavirus. The S&P 500 at one point was down as much as 1.8 percent, but rallied late on Friday to close up 0.6 percent. It followed the worst week since 2008 and kept the index below 3,000....

Turnarounds Galore as Flashy Tech Stocks Falter: Earnings This Week

Turnarounds Galore as Flashy Tech Stocks Falter: Earnings This Week

Investors keep returning to forgotten stocks and unwinding flashy technology names. The last week of earnings saw huge rallies in unglamorous companies like Kroger (KR), CVS Health (CVS) and Coty (COTY). Meanwhile Uber Technologies (UBER), Pinterest (PINS), Roku...

New Highs for Stocks as Fed Keeps the Money Flowing

New Highs for Stocks as Fed Keeps the Money Flowing

Stocks closed at new highs last week as the Federal Reserve offered hopes of a rate cut in July. The S&P 500 rose 2.2 percent between Friday, June 14, and Friday, June 21. The index closed 5 points above its May closing record with more than three-quarters of...

Stocks Retreat From Key Level Amid Bad News

Stocks Retreat From Key Level Amid Bad News

Stocks just had their worst week of the year, retreating from a key resistance level amid a string of bad news. The S&P 500 fell 2 percent between Friday, March 1, and Friday March 8. It was the biggest drop since the crescendo of selling before Christmas. The...

Bulls Regain Footing Above Key Level

Bulls Regain Footing Above Key Level

Stocks rebounded last week as the bulls regained their footing at a key level. The S&P 500 rose 1.2 percent between Friday, September 7, and Friday, September 14. It was the biggest weekly gain in two months, with more than two-thirds of the companies in the index...