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Market recap for Monday March 19
Belpointe Asset Management’s David Nelson discusses how the stock market will react if the Federal Reserve decides to raise the total amount of interest rate hikes.
Global stocks were steady Tuesday as investors returned to big-name equities following yesterday's Facebook-led wipe-out of the tech sector and prepped for this week's interest rate decision from the U.S. ...
Facebook shares posted their largest percentage decline in nearly four years, jolting investors who have rallied behind a handful of hot technology firms and raising fresh questions about the resiliency ...
The Cboe Volatility Index rose 20% as Facebook and other technology companies dragged U.S. stocks lower, in its biggest gain since Feb. 8.
Analyst who called the last pullback in January says the entire market is fine despite the selloff on Monday. In fact, it is a good buying opportunity for stocks in three sectors.
The Dow, S&P 500 and the tech-heavy Nasdaq declined on Monday as Facebook finds itself in hot water over reports that as many as 50 million of its users may have had their data compromised.
The Dow Jones Industrial Average dropped 330 points today, but the real damage was in the Nasdaq thanks to Facebook (FB), which suffered its largest one-day drop since 2014. •...and explain why Exact Science's naming of Harry Connick Jr. as a spokesperson caused its shares to tumble. The Nasdaq Composite slumped 1.8% to 7344.24.
On a day stocks fell hard, Micro Focus plummeted on a worsening outlook for software sales, and Heron Therapeutics soared after reporting strong results from a drug trial.
U.S. stocks joined a broad decline in global equity markets on Monday as traders turned cautious ahead of the Federal Reserve's policy meeting this week and amid continuing concerns about the threat of a global trade war. At the same time, shares of Facebook Inc shed nearly 7 percent after reports that a political consultancy that worked on U.S. President Donald Trump's 2016 campaign gained inappropriate access to data on 50 million of the social network's users.