Analysts have begun trimming their profit forecasts, with pronounced downgrades for growth at energy and financial firms.
Category: Standard & Poor’s 500-Stock Index
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Wall Street Braces for a Weak Earnings Season
The New York Times – Business: -
Markets Rise as Investors Like the Look of Hiring and Wage Trends
The New York Times – Business:Traders are betting that a slowdown in job growth and wage gains could reduce the pressure on prices and make the Federal Reserve less aggressive in raising interest rates.
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Kevin McCarthy’s Business Ties Complicate His Rise to Power
The New York Times – Business:To land the House speaker position, the California Republican will have to win over opponents who question his ties to Silicon Valley and his commitment to right wing causes.
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S&P 500 Rises in First Session of 2023
The New York Times – Business:Analysts are more cautious about 2023 after their overly optimistic forecasts for last year.
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The Year the Long Stock Market Rally Ended
The New York Times – Business:How fast inflation and high interest rates upended markets across the globe.
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The Year the Long Stock Market Rally Ended
The New York Times – Business:How fast inflation and high interest rates upended markets across the globe.
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The Bull-and-Bear Case for 2023
The New York Times – Business:The S&P 500 is on pace for its first annual decline since 2018 and its worst performance since 2008. Will markets fall further next year?
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FTX Victims Face a Tough Road Getting Their Money Back
The New York Times – Business:The bankrupt crypto exchange owes billions to a long line of creditors. Getting their money back could prove difficult, given the unique nature of cryptocurrency assets.
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Markets Extend Losses at End of Jittery Week
The New York Times – Business:Wall Street has been wary of the effects that central bankers’ determination to fight inflation could have on the economy.
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Forget Stock Predictions for Next Year. Focus on the Next Decade.
The New York Times – Business:Wall Street’s market forecasts for 2023 are worthless, our columnist says. But the long view is much clearer.
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Markets Drop as Investors Fear the Effects of Higher Rates
The New York Times – Business:Central bankers around the world have pledged to continue raising interest rates even as economies slow.