Stock Market Today: 24 Jan 2022

(Bloomberg) — Stocks dropped, while bonds rallied after data showing a slowdown in consumer spending — the main driver of the US economy — fueled concern about a recession.Most Read from BloombergDemocrats Weigh Paring Biden Tax Hike to Win Over ManchinTrump’s Final Scene Didn’t Go According to ScriptVenice Plans to Start Weeding Out Cheap TouristsFauci Suffers Covid Symptom Rebound After Course of Pfizer’s PaxlovidStocks Rocked by Recession Fears as Bonds Rally: Markets WrapThe superlatives

Travel and entertainment stocks took a hit this quarter as macroeconomic pressures cast doubt over the health of the consumer.

Yahoo Finance’s Jared Blikre joins the Live show to break down how stocks are trading as the tech sector sees a downturn.

Yahoo Finance Live anchors discuss how stocks are moving in intraday trading.

Household incomes suffer longest fall on record – and worse is to come House price fall now ‘unavoidable’ as growth slows again FTSE 100 slumps 2pc as incomes fall for fourth straight quarter Ben Marlow: Britain’s defence industry sell-off is self-harm on a gob-smackingly grand scale Sign up here for our daily business briefing newsletter

Amazon Prime Day is back to its regularly scheduled program, following the cancellations and postponements previously caused by the pandemic.

Shares of the streaming video giant have plunged by 70% in 2022 so far. But everybody loves a good comeback story.

Evidence shows that the company has been thinking about this issue for years and started taking mild action last summer.

The famed tech company has what it takes to bounce back from 2022’s market downturn. Here’s why.

I’m setting up for the next six months with selections in Energy, Staples, Semiconductors, and Aerospace & Defense.

The U.S.-listed shares of Vipshop Holdings Ltd. sank 5.7% in morning trading Thursday, and have now tumbled TK% amid a four-day losing streak, after disclosing that a large shareholder, JD.com Inc. , sold off a chunk of its holdings in the past week. JD.com’s stock fell 2.0% in morning trading. In an amended 13D filing Thursday morning, the China-based online apparel and accessories seller said fellow China-based ecommerce company JD.com owned 5.64 million Vipshop shares, or 4.3% of the shares o

Yahoo Finance Live anchors discuss the reasons why companies are spending more money to place CEO’s and Chairman’s on private jets. 

Steep losses in stocks and bonds, dizzying market swings and a Federal Reserve intent on curbing the worst inflation in more than forty years have been among the hallmarks of U.S. markets in the first half of 2022. As of Wednesday, the S&P 500 is on track to close the initial six months of 2022 with a 20% loss, shedding some $8.2 trillion in market value as the index heads for its steepest first-half decline since 1970. For now, investors see little respite from the gyrations that have pummeled markets over the last several months amid worries that the Fed’s fight against inflation will further dry up risk appetite while potentially throwing the U.S. economy into recession.

In this article, we discuss 10 small-cap stocks to buy according to Ken Fisher. If you want to skip our detailed analysis of Fisher Asset Management’s philosophy, hedge fund returns, and history, go directly to 5 Small-Cap Stocks to Buy According to Ken Fisher. Small-cap stocks are companies with a market capitalization of between $300 […]

Steep losses in stocks and bonds, dizzying market swings and a Federal Reserve intent on curbing the worst inflation in more than forty years have been among the hallmarks of U.S. markets in the first half of 2022. As of Wednesday, the S&P 500 is on track to close the initial six months of 2022 with a 20% loss, shedding some $8.2 trillion in market value as the index heads for its steepest first-half decline since 1970. For now, investors see little respite from the gyrations that have pummeled markets over the last several months amid worries that the Fed’s fight against inflation will further dry up risk appetite while potentially throwing the U.S. economy into recession.

Amazon has bowed to pressure from the United Arab Emirates and restricted searches related to LGBTQ products in the country.

Millennials and Gen Z are investing earlier than previous generations. What are their top stock picks? And should you buy them too?

Nuveen Chief Investment Officer Saira Malik joins Yahoo Finance Live to discuss the state of the stock market, inflation, consumer spending, fears of a recession, energy, and the outlook for the economy.

Coal miner stocks are falling, in the wake of the Supreme Court’s ruling that restricts the U.S. government’s reach in controlling emission from coal-fired power plants. Shares of Peabody Energy Corp.’s stock sank 7.1% in morning trading, Arch Resources Inc. dropped 5.7% and Warrior Met Coal Inc. slid 5.2%. That compares with the 1.7% decline in the S&P 500 .

U.S. stocks tumbled on Thursday, setting the S&P 500 up for its worst first six months since 1970, on concerns that central banks determined to tame inflation will hamper global economic growth. Federal Reserve Chair Jerome Powell on Wednesday vowed to not let the U.S. economy slip into a “higher inflation regime”, even if it means raising interest rates to levels that put growth at risk. The tech-heavy Nasdaq Composite was set for its largest declines ever during the first-half, while the Dow Jones Industrial Average was set for its biggest January-June percentage drop since the financial crisis.