NEW YORK (AP) — Wall Street sank on Tuesday as rising pressure from the bond market pulled U.S. stocks further from their records. The S&P 500 fell 0.7% for its worst day in a month after paring a loss that earlier reached 1.5%. The Dow Jones Industrial Average dropped 249 points, or 0.5%, and the…
It’s been a strong summer for stocks, but investors are about to enter what is historically the worst period of the year for the market. The period from late July to mid-October is a tough stretch, with August and September often seeing the worst of the volatility. The S&P 500 has dipped by an average…
2025 could yield a great opportunity for bears to jump back into the market. Wall Street is pointing to the potential for more pullbacks from records as buying opportunities. Forecasters are expecting another positive year for the market, despite hefty gains in 2024. Investors who have watched from the sidelines as stocks soared to new…
Stocks are bound for another strong year, but not every sector is poised to gain, Wells Fargo said. Scott Wren, the bank’s senior global market strategist, sees muted returns ahead for defensive shares. The bank’s strategists are more bullish on cyclical, interest rate-sensitive stocks, he added. The stock market is on track for strong gains…