Stock Futures Slip After Worst Start to Year in Decades

Stock Futures Slip After Worst Start to Year in Decades

US stock futures drifted lower at the start of the second half of the year, with investors bracing for more volatility amid heightened inflation and expected interest-rate increases. Futures for the S&P 500 shed 0.6% Friday. The broad index closed out Thursday lower, heaping on additional losses to mark the worst first half of the … Read more

U.S. Stocks Waver as Central Bankers Hold Panel

U.S. Stocks Waver as Central Bankers Hold Panel

US stocks were mixed on Wednesday as investors digested comments from central bankers at a panel in Europe and looked toward another round of quarterly earnings reports. The S&P 500 fell 0.3%, after the broad-market index closed down 2% on Tuesday. The Nasdaq Composite Index was down 0.3%, while the Dow Jones Industrial Average edged … Read more

Dow Jumps More Than 800 Points as Fears of Interest-Rate Hikes Subside

Dow Jumps More Than 800 Points as Fears of Interest-Rate Hikes Subside

Stocks rallied after fresh economic data tempered investors’ expectations of aggressive Federal Reserve interest-rate hikes, giving the S&P 500 its first weekly gain in the last four weeks. The Dow Jones Industrial Average surged 826 points, or 2.7%, while the S&P climbed 3.1%. The technology-heavy Nasdaq Composite added 3.3%. .

Stocks Advance After Fed Chairman Testifies

Stocks Advance After Fed Chairman Testifies

US stocks advanced amid a second day of testimony from Federal Reserve Chairman Jerome Powell after he warned that rapidly rising interest rates threatened a recession. The S&P 500 was up 0.4% Thursday afternoon, after trading roughly flat around midday. The technology-heavy Nasdaq Composite Index rose 1% while the blue-chip Dow Jones Industrial Average rose … Read more

Stock Futures, Oil Drop After Rally

Stock Futures, Oil Drop After Rally

US stock futures fell, oil prices dropped and bond yields ticked lower after major indexes rallied to start the trading week, with recent volatility in markets showing few signs of abating. Futures for the S&P 500 declined 1.4% Wednesday. Contracts for the tech-focused Nasdaq-100 contracted 1.6% and futures for the Dow Jones Industrial Average receded … Read more

Elon Musk’s Appeals for Lithium Are No Substitute for Better Price Signals

Elon Musk’s Appeals for Lithium Are No Substitute for Better Price Signals

If lithium is the new oil, it needs better answers to widely traded crude benchmarks like Brent and West Texas Intermediate. Oil-price increases have been modest compared with the rally in the metal that underpins electric-vehicle batteries. Despite a recent pause for breath, spot prices for seaborne supplies of the key lithium compounds, carbonate and … Read more