Stocks
The stock market news and analysis you need to know when developing, monitoring and adjusting client portfolios.
'It's a Grind' as Investors Watch for Market Bottom: Merrill's Hyzy
By Dinah Wisenberg BrinThe market-bottoming process is near the end, but more clarity is needed, according to a Merrill executive.
January 25, 2023
NYSE Finds Culprit of Glitch That Caused Market ChaosOver 1,300 trades and some 84 stocks were affected and marked as "aberrant" yesterday, the exchange said.
January 24, 2023
NYSE Says Certain Trades to Be Canceled After Glitch at OpenBanks, retailers and industrial firms were among those affected, including Wells Fargo, Morgan Stanley and Walmart.
January 24, 2023
'Scared the Hell Out of Me': NYSE's Wild Start Rattles Wall StreetWells Fargo appeared to have crashed 15% when the market opened; Walmart looked like it wiped out $46 billion.
January 24, 2023
Jeremy Grantham Warns of 17% Plunge in the S&P 500He estimates that the index should be trading around 3,200 at year-end, though it could hit 3,000 at one point .
January 24, 2023
NYSE Gets Wave of Sell Orders, Unleashing Stock-Market ChaosAt least 40 S&P 500 Index stocks were hit with trading halts, including Wells Fargo and Morgan Stanley.
January 20, 2023
Does a 100% Stock Portfolio Make Sense?Ben Carlson explored this question on his blog. Here's what others have to say.
January 19, 2023
60/40 Blend May Rebound This Year: Wells FargoThe Wells Fargo Investment Institute also expects the S&P 500 to rise 15%.