Since 1925, the nine months starting Oct. 1 in a midterm election year and extending into the first half of the following year saw the S&P 500 go negative just twice.
It's been a rollercoaster year for stocks. The S&P 500 is down more than 20% year-to-date and 2022 is likely to end up as the sixth-most volatile year since the Great Depression.
Stocks soared on Friday to their best day in more than a month. The Dow gained 700 points and the S&P 500 and Nasdaq rose by 2.3% and 2.6% respectively, as traders bet that a slowdown in wage growth could mean that inflation may finally be cooling...
Michael Burry, whose bet against the housing market before the 2008 crash was the subject of Michael Lewis' "The Big Short," made bearish bets against the S&P 500 and Nasdaq 100, according to his firm's most recent SEC filing.
Both the S&P 500 and the tech-heavy Nasdaq were at a two-month high after data showed that US consumer prices were unchanged in October amid lower gasoline prices.
Major hedge fund moguls including Ken Griffin, Steve Cohen, and Izzy Englander failed to keep pace with the S&P 500 and the Nasdaq in what proved to be a difficult year for money managers. While Griffin’s Citadel led the pack when it came to...
The Dow Jones Industrial Average plunged more than 500 points on Tuesday after hot inflation data for January dimmed hopes that the Federal Reserve would begin cutting interest rates next month. The Dow, which tumbled as 750 points, slid 1.4% — its...
The longtime hedge fund manager said he is focused on making Trump’s 2017 tax cuts permanent, as well as eliminating taxes on tips, social security benefits and overtime pay.