Tag: Marketwatch

The U.S. listed-shares of Quidan Inc. QD, -11.16% soared 26.2% in premarket trading Tuesday, after the China-based online consumer finance company announced a $200 million stock repurchase program. The new program is more than the Quidan’s market capitalization of $182.7 million as of Monday’s closing prices, according to FactSet. The stock has run up 14.3% […]

The Dow Jones Industrial Average DJIA, -2.79% is tumbling 676 points, or 2.2%, in midday trading, and is about to make history with its point selloff, as surging inflation fuels recession fears. The Dow’s drop follows an 880.00-point drop on Friday and 638.11-point decline on Thursday. That would mark the first-ever three-day streak of declines […]

Shares of Signature Bank SBNY, -13.67% sank 12.8% in afternoon trading Monday, enough to pace the S&P 500’s SPX, -3.88% decliners, as the New York-based bank was hurting from a broad selloff in the financial sector and from the plunge in bitcoin BTCUSD, -2.75% toward an 18-month low. The stock was headed for the biggest […]

Gold futures fell on Monday to settle at their lowest price in more than three weeks. A continued surge in U.S. Treasury yields to levels last seen in 2007, along with the strength of the U.S. dollar saw gold reverse the price rise seen at the end of last week, said Michael Hewson, chief market […]

The S&P 500’s SPX, -3.88% top 9 companies by market capitalization have lost a total of more than $1 trillion in value the past four days. The S&P 500 has lost 3.0% in afternoon trading Monday as surging inflation and interest rates fuel recession fears. The index has sunk 9.1% over the past four sessions, […]

Oil futures finished higher on Monday after touching their lowest levels in nearly a week on concerns that renewed lockdowns in China would lead to lower energy demand. “Risk appetite is quickly leaving Wall Street and one of the few trades that is still looking attractive is oil,” said Edward Moya, senior analyst at OANDA. […]

U.S. stocks closed sharply lower Monday, with the S&P 500 entering a bear market, amid heightened fears over high inflation ahead of the Federal Reserve’s two-day policy meeting that kicks off Tuesday. The Dow Jones Industrial Average DJIA, -2.79% tumbled almost 900 points to close 2.8% lower, while the S&P 500 SPX, -3.88% dropped 3.9% […]

Shares of Boeing Co. BA, -9.21% took a 9.3% dive in afternoon, to pace the 28 of 30 Dow Jones Industrial Average DJIA, -2.89% components that were losing ground. The aerospace and defense giant’s stock’s price decline of $11.77 was shaving about 78 points off the Dow’s price, while the Dow dropped 754 points, or […]

There are 148 stocks in the S&P 500 SPX, -2.84% that have hit fresh 52-week lows as of midday trading Monday, or 29.4% of the benchmark large-capitalization company tracker’s components. That percentage is higher than for the S&P Mid Cap 400, of which 96 stocks, or 24.0% of its components hit 52-week lows; and for […]

The NYSE’s Arms Index, a volume-weighted breadth measure, is showing signs of panic-like selling behavior as the S&P 500 SPX, -3.56% falls into bear-market territory. The Arms compares the ratio of advancing stocks to declining stocks to the ratio of advancing volume to declining volume, to depict the intensity of the buying and selling into […]