Tag #Stock Market

cnbc.com
🌐 85% Global Worthiness
News related image

Stock Market Sell-Off: Yardeni Research Predicts Further Declines

On Wednesday, the stock market suffered a sharp decline following the Federal Reserve's lowered rate-cut projections; Yardeni Research predicts further market weakness due to potential tax deferrals, a possible dockworkers' strike, and President-elect Trump's protectionist trade policies.

Progress

52% Bias Score

Reduced Inequality
smh.com.au
🌐 85% Global Worthiness
News related image

Australian Market Set for Drop After US Fed Rate Cut Revision

The Australian share market is anticipated to fall after a $50 billion drop on Thursday, influenced by the US Federal Reserve's prediction of fewer 2025 rate cuts than expected, causing global market instability and pushing the Australian dollar to a two-year low.

Progress

40% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
News related image

Four Large-Cap Stocks Enter Bear Markets, Signaling Broader Market Weakness

Four large-cap stocks (Alexandria Real Estate Equities, Bunge Global, Olin, and Textron) have entered bear markets, exhibiting significant price drops and negative technical indicators, signaling a broader market downturn despite varied company fundamentals and sectors.

Progress

40% Bias Score

Decent Work and Economic Growth
nbcnews.com
🌐 85% Global Worthiness
News related image

Dow Jones Plunges Amid UnitedHealth Stock Crash

The Dow Jones Industrial Average fell 267 points on Tuesday, marking its longest losing streak since 1978, primarily due to a near 20% drop in UnitedHealth Group's stock following the death of its CEO, Brian Thompson, in New York City on December 4th. This resulted in over $110 billion in market val...

Progress

36% Bias Score

Good Health and Well-being
cnbc.com
🌐 85% Global Worthiness
News related image

Fed to Cut Rates Amidst Economic Divergence

The Federal Reserve is expected to cut interest rates by 25 basis points on Wednesday, Dec 18, but disagreement exists on the necessity of further cuts, while the Dow closed lower for the ninth consecutive day.

Progress

44% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
News related image

Chemring Shares Plummet Despite Record Order Book

Chemring, a British defense group, saw its share price fall 13% despite a record £1 billion order book, due to operational issues at its Tennessee plant, which impacted profit margins despite a rise in annual revenue to £510.4 million.

Progress

48% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 85% Global Worthiness
News related image

Market Volatility: Micron's Dip, Housing Slowdown, and Oversold Market

Micron Technology's stock plunged 11% despite strong earnings, citing weak cellphone and PC demand; Lennar Corp.'s Q4 earnings missed expectations due to high interest rates; the S&P 500 Short Range Oscillator is at its most oversold level, hinting at a possible market rebound.

Progress

60% Bias Score

Reduced Inequality
abcnews.go.com
🌐 85% Global Worthiness
News related image

US Stocks Rebound After Fed's Rate Cut Announcement

Following a 2.9% drop in the S&P 500 on Wednesday due to the Federal Reserve's announcement of fewer-than-expected interest rate cuts, U.S. stocks rebounded on Thursday with the S&P 500 rising 0.6%, the Dow Jones up 0.7%, and the Nasdaq up 0.7%, despite mixed economic reports and international marke...

Progress

44% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
News related image

Biden Calls for Ban on Congressional Stock Trading

President Biden is calling for a ban on members of Congress trading stocks, a practice allowed under the 2012 STOCK Act but under scrutiny for potential conflicts of interest and insider trading, following several high-profile instances of lawmakers and their families engaging in trades that raised ...

Progress

60% Bias Score

Peace, Justice, and Strong Institutions
cnbc.com
🌐 85% Global Worthiness
News related image

Nissan Soars 23.7% on Merger Talks Amidst Dow's Nine-Day Slide

Nissan Motor shares jumped 23.7% on Wednesday after reports surfaced of a potential merger with Honda and Mitsubishi Motors, aiming to address Nissan's 85% second-quarter operating profit plunge, while the Dow experienced its ninth consecutive day of losses.

Progress

52% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 85% Global Worthiness
News related image

Fed's Reduced Rate Cut Projections Trigger Stock Market Dip

Following the Federal Reserve's announcement of fewer interest rate cuts in 2024 than previously expected, US stock indexes fell, with the S&P 500 dropping 0.3 percent, the Dow Jones losing 38 points, and the Nasdaq composite slipping 0.4 percent; the Australian dollar also fell sharply by 1.4 perce...

Progress

36% Bias Score

Decent Work and Economic Growth
en.yna.co.kr
🌐 75% Global Worthiness
News related image

KOSPI Jumps 1.12% on Foreign Investment in Tech Stocks

On December 18th, Seoul's KOSPI index increased by 1.12 percent to 2,484.43, boosted by foreign investors buying tech stocks after a two-day decline; the Korean won strengthened against the US dollar, and bond yields fell.

Progress

40% Bias Score

Decent Work and Economic Growth