5 things to know before the stock market opens Thursday, Dec. 2

Here are the top news, trends and analysis that investors need to start their trading day: 1. Wall Street braces for a rally after the first US omicron case leads to heavy selling Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, December 1, 2021. Brendan McDermid | … Read more

The S&P 500 is testing a critical chart level that could determine whether there’s a year-end rally

A trader working on the floor of the New York Stock Exchange (NYSE). Spencer Platt | Getty Images Strategists who watch stock charts say the market is at a pivotal point, and action on Thursday and Friday could be important in setting direction for the rest of the year. .

What Fed Chair Powell’s hawkish turn means for the market, economy

Federal Reserve Chair Jerome Powell testifies before a Senate Banking Committee hybrid hearing on oversight of the Treasury Department and the Federal Reserve on Capitol Hill in Washington, U.S., November 30, 2021. Elizabeth Franz | Reuters Stocks are up again on Wednesday, but market experts were not surprised that the Dow Jones Industrial Average tested … Read more

5 things to know before the stock market opens Wednesday, Dec. 1

Here are the top news, trends and analysis that investors need to start their trading day: 1. The Dow is set to rebound on the first day of December after the big drop in Omicron’s fears Stocks rose in morning trading on Monday with investors interested in retail sales and earnings results. (Photo by Spencer … Read more

Ray Dalio says cash is not a safe place right now despite heightened market volatility

Ray Dalio of Bridgewater Associates has stuck to his belief that cash is not the right place to be despite the volatility in the markets caused by the new Covid omicron variant. “Cash is not a safe investment, it’s not a safe place because it will be taxed because of inflation,” the founder of the … Read more

5 things to know before the stock market opens Tuesday, Nov. 30

Here are the top news, trends and analysis that investors need to start their trading day 1. Dow futures fell 400 points as Omicron fears resurfaced A trader works on the floor of the New York Stock Exchange (NYSE) at the start of trading Monday after Friday’s sharp decline in global stocks due to fears … Read more

Cramer reluctant to buy market bounce, says ‘silly sellers’ could hit stocks

CNBC’s Jim Cramer said he wasn’t comfortable buying early in Monday’s stock market recovery, after Friday’s plunge due to Omicron, because selling could resume in the event of future negative news around the highly mutating Covid variant. The Dow Jones Industrial Average, which had risen about 400 points, or more than 1%, shortly after Wall … Read more

Covid developments to rule the market once again in the week ahead after Friday’s rout

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, October 14, 2021. Brendan McDermid | Reuters Uncertainty over a new strain of the emerging coronavirus may continue to rattle markets, just as Friday’s employment report and other data next week show the economy is getting stronger. Stocks … Read more

New Covid variant roils global markets with oil sinking 5%

Registered nurse Savannah Wagstaff watches Elisa Burns, a nursing student at Brigham Young University-Idaho, treat a positive patient for coronavirus disease (COVID-19) in his isolation room at Madison Memorial Hospital in Rexburg, Idaho, US, October 28, 2021. Shannon Stapleton | Reuters Global markets went into sharp decline on Friday after news of a highly mutated … Read more