US MARKET | Mon, 26 Sep 2022, 6:00AM ETInflation came in hotter than expected in August, prompting the Federal Reserve to raise interest rates by 75 basis points for the third consecutive time. Those events sent an already-battered stock market deeper into bear market territory. The tech-heavy Nasdaq Composite is now
US MARKET | Mon, 26 Sep 2022, 6:00AM ETIn the early days of the pandemic, if there was one coronavirus vaccine stock investors were betting on, it was Novavax (NASDAQ: NVAX). The biotech stock soared more than 2,700% in 2020 as it developed its vaccine candidate. That beat the early performance of today's vaccine lead
US MARKET | Mon, 26 Sep 2022, 6:00AM ETThere's a saying that investors get rich in bear markets -- they just don't know it at the time. We are definitely in a bear market today, with the S&P 500 down 19% and the Nasdaq Composite down 29% from all-time highs.
US MARKET | Mon, 26 Sep 2022, 5:53AM ETIt's official... again. We're back in bear market territory. Thanks to last week's rout, the S&P 500 (SNPINDEX: ^GSPC) now sits a little more than 23% below its late-December peak. The Dow Jones Industrial Average (DJINDICES: ^DJI) is now down 20% from its early January high,