Consumer sentiment mired at 10-year low amid persistent inflation, UMich survey finds

The numbers: The University of Michigan’s gauge of consumer sentiment fell to a final May reading of 58.4 from the initial reading of 59.1 earlier in the month, its lowest level in more than 10 years. Economists were expecting a reading of 59.1, according to a Wall Street Journal survey. Americans’ expectations for overall inflation … Read more

Will the Stock Market Recover? 10 Reasons the Rally Might Be Real.

Text size Investors have been fooled before. Why this stock market rally feels like the real thing. Spencer Platt / Getty Images The stock market has been rallying this week. This one, unlike other attempts at a bounce, has a decent chance of lasting. The S&P 500 has gained 6% since Friday afternoon, when the … Read more

Is the US stock market closed on Memorial Day? What investors need to know.

Monday, May 30, marks Memorial Day, a US holiday in honor of the men and women who fell in military service that has also come to mark the unofficial start to summer, US financial markets, including the New York Stock Exchange, owned by Intercontinental Exchange Inc. ICE, + 2.35%, and exchanges operated by Nasdaq Inc. … Read more

Stock Market Moves Higher than S&P 500, Nasdaq Rise

The S&P 500 rose Friday morning, on track to extend a recent stretch of gains and snap a seven-week losing streak. The S&P 500 advanced 1.6%. The Dow Jones Industrial Average added 258 points, or 0.8%, and the Nasdaq Composite climbed 2.4%. On Thursday, stocks climbed, pushing the Dow to its fifth consecutive daily gain.

Managed-Futures Funds Look Like a Smart Bet in a Tough Market

Managed-futures funds provide exposure to more than 100 futures markets, including relatively obscure ones, such as European natural gas. Norway’s Equinor, whose drilling platform is pictured, is one of Europe’s largest natural-gas producers. Carina Johansen / Bloomberg Text size In a rocky year for stocks and bonds, mutual funds pursuing an investment approach that has … Read more

U.S. stock futures slightly firmer ahead of Fed’s favorite inflation gauge

U.S. stock index futures traded flat to higher early Friday, as investors looked ahead to an update on the Federal Reserve’s favorite inflation indicator, though major indexes are poised for weekly gains after a seven week losing streak. How are stock-index futures trading? S&P 500 futures ES00, +0.19% rose 0.2% to 4,066 Dow Jones Industrial … Read more

Even this pessimistic Bank of America strategist says the bear-rally bandwagon has room to charge ahead

Fixes the headline to clarify that it’s a bear rally, not a bear market, that the analyst says will continue. A stock market which has seen five straight advances for the Dow Jones Industrial Average DJIA, +1.61% still doesn’t have many believers. After meeting clients in the U.K., Michael Hartnett, chief investment strategist at Bank … Read more

DiDi Stock Rises on Report Chinese Auto Giant Is Considering Buying Stake

Text size DiDi’s value has plummeted since it listed in the U.S. last year. Yan Cong/Bloomberg Shares of Chinese ride-hailing company DiDi Global gained after it was reported that carmaker China FAW Group is considering taking a stake in the firm. DiDi (ticker: DIDI) rose 6% in premarket trading to $1.96. It has come under … Read more

Stock Market Today: Dow Futures Rise with 8-Week Losing Streak Set to End

Text size The Federal Reserve’s pathway on monetary policy remains a major risk for investors. Saul Loeb/AFP via Getty Images Stocks edged higher on Friday with U.S. indexes on track to snap their longest weekly losing streak in decades. Futures for the Dow Jones Industrial Average rose 20 points, or less than 0.1%, after the … Read more

10 Reasons the Stock Market Rally Might Be Real

Text size Investors have been fooled before. Why this stock market rally feels like the real thing. Spencer Platt/Getty Images The stock market has been rallying this week. This one, unlike other attempts at a bounce, has a decent chance of lasting.   The S&P 500 has gained 6% since Friday afternoon, when the index … Read more