Goldman predicts where the stock market is headed in a ‘hard landing’ or other economic scenarios – CNBC

With more uncertainty ahead for investors, Goldman Sachs’ David Kostin outlined two potential scenarios for markets in the near term, with one forecast anticipating the S & P 500 could fall as much almost 17% from Wednesday’s close. Kostin, Goldman’s chief U.S. equity strategist, outlined a soft and hard landing scenario in a note to clients this week that he says could play out in 2022 and…….

Continue Reading

Stock market news live updates: Stocks fall as investors mull Fedspeak, await jobs report – Yahoo Finance

U.S. stocks edged lower Thursday after a dramatic two-day rally that kicked off the quarter sputtered.

The S&P 500 (^GSPC) fell 0.6%, while the Dow Jones Industrial Average (^DJI) dropped around 0.7%. The technology-heavy Nasdaq Composite (^IXIC) was down 0.3%. Meanwhile in the bond market, Treasury yields nudged higher, with the benchmark 10-year note (^TNX) above 3.8% and the rate-s…….

Continue Reading

The stock market is not the economy in an important way – Yahoo Finance

This post was originally published on

The U.S. economy is closely related to the U.S. stock market. But that relationship is not perfect in a number of ways.

An important way the two differ is international exposure.

According to FactSet, S&P 500 companies1 generate around 40% of revenue outside of the U.S.2 That means these companies are significantly dependent on…….

Continue Reading

Stock Market Today (6/17/22): Stocks Earn a Decent End to a Dreadful Week – Kiplinger’s Personal Finance

A Friday rally still left the major indexes significantly lower over the past five days of trading.

There wasn’t much good news to which to credit Friday’s move. U.S. industrial production improved less than expected in May, up 0.2% versus estimates for 0.4%; manufacturing actually declined by 0.1%. Wells Fargo economists Tim Quinlan and Shannon Seery defend the releas…….

Continue Reading

Stock market news live updates: Stocks surge as relief rally gains steam on upbeat earnings – Yahoo Finance

U.S. stocks ended sharply higher Thursday after a comeback from recent selling gained momentum and placed markets on track to snap a 7-week losing streak.

The S&P 500 surged 2%, and the Dow Jones Industrial Average gained 518 points, or 1.6%. The Nasdaq Composite jumped 2.7% as the index attempts to claw its way out of bear market territory.

Strong retail earnings Thursday morni…….

Continue Reading