The recent dramatic pullback in stocks is a big buying opportunity, according to one Wall Street firm.
Wells Fargo Securities predicts the S&P 500 will rise by a double-digit percentage including dividends by year-end 2018. And the bank thinks most of that move will come very soon.
"We've been telling clients...
Stocks continued their volatile ways Wednesday with major indexes reversing lower as Apple (AAPL) and China stocks weighed.
SPDR Dow Jones Industrial Average (DIA) slipped to a 0.1% deficit, SPDR S&P 500 (SPY) reversed to a 0.5% loss and PowerShares QQQ Trust (QQQ) sank 1.3%. Foreign markets lagged as iShares...
U.S. stocks finished lower after failing to defend intraday gains Wednesday as investors struggled to adjust to an investment environment marked by both rising bond yields and signs of inflation.
The market’s move south coincided with a spike in the 10-year Treasury yield in the wake of the news of...
After a steep pullback in U.S. stocks in the last few days from record highs set in January, investors are debating whether the market is ready to resume a march higher or if they should be bracing for a steeper correction.
REASONS TO BE BULLISH
STRONG FUNDAMENTALS: A strong economy is...
Recent buying in foreign stocks has been driven by two factors: performance-chasing after a great year for international stock markets in 2017, and fears that the U.S. stock market is the most overvalued in the world. But if investors think that diversifying their stock portfolio globally will help mitigate...
Tony James, chief operating officer at private equity giant Blackstone, told CNBC on Monday that stocks could see a bear market this year.
James said on "Squawk Box" the market is "very fully valued" according to "every historical norm."
"I think you could easily see a 10 to 20 percent correction...
How the mighty have fallen.
After leading the stock market to fresh records on a seemingly daily basis, technology stocks tanked on Monday.
The five giants -- Apple, Alphabet, Microsoft, Facebook and Amazon -- each sank at least 2.5 percent. Shares of many companies valued at $100 billion or more changed...
Stocks looked set for another rocky opening and a volatile trading day Tuesday.
Stock futures slid into negative territory in Monday evening trade: Dow futures were down 633 points, and S&P 500 futures were lower by 57 points.
The implied open for the Dow, based on the futures, was a decline...
The stock market giveth, and the stock market taketh away.
After a year of booming valuations and record-smashing highs, the stock market has been tumbling for days. The Dow Jones Industrial Average, the S&P 500, and the Nasdaq all weakened last week, and then nosedived on Friday, with the Dow...
Bitcoin climbed Tuesday afternoon, recovering from an earlier drop to its lowest in more than two months.
The gains followed the testimony of two financial regulatory commission chairmen before the Senate Banking Committee that showed how the U.S. government is trying to coordinate its efforts to regulate bitcoin. But the...
