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Oil Slides as Stock Markets Crumble, Shale Drilling Accelerates "This is contagious from the financial markets and the equity market, especially," Michael Lynch, president of Strategic Energy & Economic Research in Winchester, Massachusetts, said by telephone. "People worry that the demand may be not as robust over the next couple of quarters as people have ...
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| Stock markets lose more than 4%, erasing the year's gains Specialist Jay Woods wears a vintage Philadelphia Eagles sweater as he work at his post on the floor of the New York Stock Exchange on Monday. Stock markets around the world took another pummeling as investors continued to fret over rising U.S. bond yields. Associated Press/Richard Drew.
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| FTSE 100 finishes 1.5% lower, dragged to a 2-month low U.K. stocks finished with sharp losses on Monday, building on last week's retreat as a global equity selloff continued. European and Asian stock markets were also largely in the red Monday, and U.S. stocks opened lower, but then pared losses. The moves lower came after stronger-than-expected U.S. ...
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| 'Time for extra caution': Why this market selloff is different than most If there are repeated upside surprises for inflation data, the strategist believes the second sort of bond market moves could drive stocks lower and volatility higher. That's because it would reverse the typical negative correlation between bond and stock prices that risk allocation investments are based on.
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| Betterment and Wealthfront crash during market bloodbath Two of the largest roboadvisers crashed on Monday as US stock markets witnessed their largest decline in over six years. Users of Betterment, which manages more than $10 billion, couldn't log in Monday afternoon when the market started dropping sharply. Wealthfront users faced similar issues.
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| Politicians who crow about stock market gains face hazard when market drops Experts said that while presidents can move markets by declaring war or making major trade decisions, they don't have as much power as the Federal Reserve to affect daily trading prices, the upside or the downside. The surge in stock prices for more than a year was due to the resumption, after a ...
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| Why the Stock Market Is Crashing Now, and What You Should Do About It After being on cruise control for months, the stock market hit a giant speed bump on Monday, when the Dow Jones industrial average plunged — tumbling more than 1,500 points at one point after sinking 665 points on Friday. By the close, the Dow had lost around 2,200 points since Jan. 26, closing in ...
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