Market Reviews

News in Brief Bloomberg: Fed hikes 75 basis points; Powell says 75 or 50 likely in July Wall Street’s latest bear market may be here to stay for a while MarketWatch: ‘The economy is going to collapse’, says Wall Street veteran Novogratz. ‘We are going to go into a really fast recession.’ Musk’s Twitter staff […]

News in Brief Bloomberg: US Futures rise, stocks steady before Fed decision MarketWatch: Financial markets are ‘fragile’ ahead of Fed’s decision as some traders and strategists see risk of an instant recession China’s economic activity improved in May as pandemic curbs eased I believe that the next major move will come after the Fed’s decision.

News in Brief Bloomberg: Traders supercharge selloff on bets for supersized Fed hikes Crypto Market sinks below $1 trillion MarketWatch: Morgan Stanley’s Gorman ‘pretty relaxed’ about possible recession, thinks one wouldn’t be long or severe The S&P 500 just confirmed a bear market Global markets closed deep in the red with the Nasdaq correcting the

News in Brief Bloomberg: US Stocks suffers worst week since January as inflation runs hot TSMC’s $100 billion wipeout fails to faze bullish analysts MarketWatch: ‘Catastrophically bad’ inflation report is boosting chances of a 75-basis-point interest-rate hike BARRON’S Inflation is hot, and stocks are cold. Now the Fed needs to rethink its rosy projections For

News in Brief Bloomberg: S&P 500 slumps more than 2% in late-day selloff MarketWatch: Alibaba shares decline in Hong Kong, extending Wall Street’s selloff Oil-stock trade is ‘too obvious’, says fund manager, who expects a pullback in prices Global Indexes S&P 500 The S&P 500 had a late-day trading selloff and broke its flag downwards.

News in Brief Bloomberg: Stocks fall as oil’s ascent stokes inflation fears Surge in China tech stocks kindles hopes for sustained rally MarketWatch: Oil prices could go ‘parabolic’, putting global economy in a ‘critical situation’, says Trafigura chief China’s exports rebounded strongly in May as lockdowns lifted We are still getting undelivered mails to gmail.com

News in Brief Bloomberg: Bitcoin falls back below $30,000 as range-bound trading persists Market Optimists make the case that 2022 will end on high note MarketWatch: Salesforce Inc, Apple Inc share gains lead Dow’s climb Dow up as stocks shake off early weakness We often get undelivered mails where service providers are down due to

News in Brief Bloomberg: JPMorgan’s Kasman sees no recession as Dimon’s hurricane ebbs. Singapore eyes more listings as China firms hedge political risk MarketWatch: Elon Musk says Twitter has failed to provide requested information on fake accounts and spam Australian consumer confidence sours further as costs, rates rise Yahoo! finance: Consumers have to face the

News in Brief Bloomberg: Tesla’s stock slide has Korean day traders boosting purchases Hope blooms for China stocks as analysts stop cutting estimates MarketWatch: Elon Musk wants to cut Tesla staff by 10%. What that says about EV demand? Dow’s drop led by losses for shares of Apple & Intel U.S. economy added a greater-than-forecast

News in Brief Yahoo: Amazon stock is working on its sixth daily rally ahead of its 20-for-1 stock split. MarketWatch: Stocks are rising ahead of jobs report. Oil ends higher as OPEC+ boosts output, U.S. crude inventories tumble. Nasdaq leads stocks higher despite Microsoft cutting guidance. Small-cap growth stocks are the cheapest they’ve been in