Jerrys: Stock market news live updates: Stocks rise to recover from bear market brink

U.S. stocks soared Monday, and stocks came out of the seven-week losing line as investors removed the recent volatility and digested new trade-related statements from Biden executives.

Us Stock Market

Read More:

See what's new!

Latest Blogs

Elon Musk SpaceX aims to raise $1.7 billion as Amber Heard, Johnny Depp trial enters final week - Grizler

Stock

Elon Musk C.E.O Of Tesla (TSLA) was reportedly in a relationship with Amber Heard when he allegedly abused a SpaceX project.   Billionaire Elon Musk Airlines SpaceX is looking to raise new $ 1.7 billion funding as its controversial founder continues to report the news between his ex-girlfriend Amber Heard and Johnny Depp in a last-week defamation case.   CNBC, citing an email...

Posted By

Grizler

Buy the dip? Sell the ‘rip’? What’s ahead for stock investors as ‘sticky’ inflation fears heighten consumer concern - Grizler

Stock

Stock markets often form after a 'panic selloff,' says Tastytrade's chief market strategist. Investors, who are already struggling with the sinking stock market and fear that the U.S. economy you may be heading for a recession, now that they have focused their attention on the consumer. First, consumer choice options are among the most complex.   Strengthening the market in the face of rising inflation and how often the Federal Reserve may raise interest...

Posted By

Grizler

The S&P 500 rose above 0.5% shortly after the market opened. The index closed Friday's session that day but dropped 18.7% from its Jan closing record. 5 to reach the middle of the bear market, which means when the index closes at least 20% from the recent high closing. .

The Dow gained more than 200 points, or 0.8%, while Nasdaq also expanded shortly after the market opened. The move comes after President Joe Biden said he was considering reducing the prices of Chinese goods imposed during the previous administration. Biden 'comments, which he made during a press conference with Japanese Prime Minister Fumio Kishida, came after Treasury Secretary Janet Yellen said last week he was urging Biden officials to remove taxes that he said were "causing serious damage to consumers and businesses" in the U.S.

The potential for price reductions as the US economy pulls over the decades - high inflation rates have helped to at least increase the temporary risk of an asset attacked in recent weeks due to inflation, aggressive Federal Reserve monetary policies and international concerns in Ukraine. and China. As of Friday, the S&P 500 re-posted its seventh consecutive week loss last week in its longest loss since 2001. And in its worst time on Friday, the index dropped a 20.6% drop from its January record high to bear trading. market field.

Since World War II, there have been 12 official S&P 500 bear markets, as well as 17 including “near bear markets,” or times when the index dropped by more than 19%. In this case, the average decline was 29.6%, and took an average of 11.4 months.

However, when bear markets go hand in hand with the recession, they tend to be worse, dropped 34.8% on average and lasted for 15 months, Detrick said. An economic downturn is usually considered after two consecutive quarters of negative GDP growth (gross domestic product).

Traders are set to earn the second quarter of U.S. GDP later this week, reported last month on the first estimate that they have a contract price of 1.4% for the year. Recent economic data has shown some strength, however, with retail sales and certain manufacturing data coming in stronger, while employment data has begun to soften.

"I think the economy is better right now than the stock market tells you," Rhys Williams, Spouting Rock Asset Management Strategist, told Yahoo Finance Live on Friday. "And my guess is that we will deal with both stocks and bonds over the summer."

9:32 a.m. ET: Shares open at the top

Here are some major market movements from 9:31 a.m. ET:

S&P 500 (^ GSPC): +32.49 (+ 0.83%) to 3,933.85

Dow (^ DJI): Open at 31,261.90

Nasdaq (^ IXIC): +48.89 (+ 0.43%) to 11,403.51

Crude (CL = F): - $ 0.33 (-0.30%) to $ 109.95 barrel

Gold (GC = F): + $ 10.30 (+ 0.56%) to $ 1,852.40 per ounce

10-year Treasury (^ TNX): +5.2 bps to generate 2.8390%

7:23 a.m. ET: Stock futures gain more than 1%

Future S&P 500 (ES = F): +47.5 points (+ 1.22%) to 3,947.00

Dow futures (YM = F): +346.00 points (+ 1.11%) to 31,559.00

Nasdaq Future (NQ = F): +127.25 points (+ 1.07%) to 11,968.00

Green (CL = F): + $ 1.08 (+ 0.98%) to $ 111.36

Gold (GC = F): + $ 16.90 (+ 0.92%) to $ 1,859.00 per ounce

10-year Treasury (^ TNX): +4.6 bps to generate 2.833%

Posted By

Grizler

How dependent on Elon Musk’s comments is the crypto industry?

Stock

Elon Musk is the second richest man in the world, with an estimated net worth of $ 155bn. He has founded some of the world’s most successful tech companies from PayPal to Tesla, and his voice weighs heavily on technology circles, but his influence on the crypto market is astoundi...

Posted By

Grizler

They just revealed what they believe are the ten best stocks for investors to buy right now…

See the 10 stocks

Courtesy Grizler.com

#grizler #stock #trade