U.S. stocks fell Thursday in a choppy trading session, dragged down by investor worries about the impact the Federal Reserve would have on markets if it raises interest rates faster than once anticipated. All three major U.S. indexes finished the session lower, erasing intraday gains. The S&P 500 edged down 4.53 points, or 0.1%, to […]
U.S. stocks beat shares elsewhere in the world by the widest margin in almost a quarter-century last year, powered by big technology companies. Some investors are betting that rising interest rates and a tech swoon could bring America’s winning streak to an end in 2022. The selloff came after a gangbuster year for the U.S. […]
Santa Claus came to Wall Street again. Major U.S. indexes mostly rose to start 2022 in a so-called Santa Claus rally, reflecting that many investors are still enthusiastic for stocks even in a market that has recently notched several record highs. A Santa rally refers to a long-held trend where stocks generally perform well in […]
The pandemic’s third year might bring declining benefit payouts to life-insurance policyholders. Whether that brings increasing benefits for shareholders depends on more than Covid-19. Perhaps surprisingly, 2021 was a solid year for life-insurance stocks in the U.S., with the sector keeping up with financials overall and rising by about a third. While dealing with Covid-19 […]
Markets are sending a hard message to decode: While the fate of the world’s big economies is ultimately intertwined, their monetary policies will become quite different in 2022. Since last September, yields on two-year Treasury bills and gilts—a proxy for where investors see interest rates being set—have risen to 0.8% and 0.7% from 0.2% and […]
Wall Street indexes ticked higher after the open, putting stocks on track to add to 2022’s early gains. Here’s what we’re watching in Tuesday’s trading: Apple on Monday briefly touched $3 trillion in market value, becoming the first U.S. company to do so. Tesla shares on Monday also notched a strong start to 2022 on […]
Wall Street stock indexes opened higher in the first trading session of the new year. Here’s what we’re watching in Monday’s action: Tesla shares jumped 8.4% in early trading. The electric-vehicle maker said Sunday that it delivered more than 936,000 vehicles globally in 2021, up from nearly half a million the previous year. Shares of fellow EV maker […]
LG Energy Solution Ltd., one of the world’s largest makers of batteries for electric vehicles, started taking investor orders for a share sale that could raise as much as $10.8 billion. The offering is on course to be comfortably the largest-ever listing in South Korea, highlighting how investors have embraced key suppliers to the EV […]
Americans borrowed more than ever to buy homes in 2021. Mortgage lenders issued $1.61 trillion in purchase loans in 2021, according to estimates by the Mortgage Bankers Association. That is up slightly from $1.48 trillion in 2020 and above the previous record of $1.51 trillion in 2005. The mortgage boom reflects a thriving housing market […]
Rooftop solar companies aren’t exactly starting out the new year with the sun shining on their faces. Shares of residential solar companies Sunrun RUN 2.86% and Sunnova NOVA 0.04% have fallen 19% and 14%, respectively, since the California Public Utilities Commission put subsidies for rooftop solar—known as net metering—on the chopping block in December. The […]
