Market Insider

The stock market is trapped in a sharp downtrend, and the situation could get worse

The stock market is trapped in a sharp downtrend, and the situation could get worse

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Stocks have lost their short-term bullish momentum, and now the market seems stuck in a longer-term downtrend with no end in sight. Many market strategists expect the S&P 500 to aim to retest lows in the first quarter as earnings look weaker, recession fears rise and the Federal Reserve continues to tighten policy. Strategists looking …

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Wealthy Chinese keep spending while others cut spending, survey finds

Wealthy Chinese keep spending while others cut spending, survey finds

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Pictured is a science fiction-themed installation at Maison Hermes in Shanghai, China, November 28, 2022. Edition of the future | Edition of the future | Getty Images BEIJING — Wealthier Chinese were more likely to spend this year, while poorer people cut spending even more, McKinsey and Company found in a survey released Thursday. The …

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Stocks set to fall in first half of 2023 before markets improve

Stocks set to fall in first half of 2023 before markets improve

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The outlook for next year is a bit better for equities, but the first half looks downright ugly. Wall Street strategists unveil their 2023 outlook. There is a somewhat split opinion that the first half could be particularly difficult, with the market possibly testing its October lows. Then there is an early recovery in the …

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Poor Covid test results in China raise fears 'the pandemic may never end'

Poor Covid test results in China raise fears ‘the pandemic may never end’

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Residents line up outside a Covid-19 testing booth in Beijing, China, Monday, Nov. 28, 2022. The capital has required regular virus testing for more than six months. Bloomberg | Bloomberg | Getty Images BEIJING — Local frustration over China’s Covid controls has increasingly targeted virus testing requirements and the big business they’ve fueled. Trending on …

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The stocks that move the most at noon: Salesforce, Five Below, Okta, Costco and more

The stocks that move the most at noon: Salesforce, Five Below, Okta, Costco and more

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A shopper loads a car with bottled water at a Costco wholesaler in Chingford, Britain on March 15, 2020. John Sibley | Reuters Find out which companies are making headlines in the midday business. Selling power – Shares of the cloud-based software company fell more than 9% after the company announced the sudden departure of …

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Weakness in Apple shares could be a warning to broader market, chart techs say

Weakness in Apple shares could be a warning to broader market, chart techs say

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Apple shares have been a safe haven for most of the year in a sea of ​​stalled tech names, but its chart is now signaling weakness that could have implications for the wider market. The company’s exposure to China has become the Achilles heel of a stock that has held up as other big names, …

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Chinese real estate stocks have surged this month. But analyst warns of 'weak reality' compared to high expectations

Chinese real estate stocks have surged this month. But analyst warns of ‘weak reality’ compared to high expectations

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House prices in China fell in October mainly due to lower prices in less developed, so-called Tier 3 cities, according to analysis of official data from Goldman Sachs. Edition of the future | Edition of the future | Getty Images BEIJING — China’s real estate sector is not yet ready for a quick recovery, despite …

Chinese real estate stocks have surged this month. But analyst warns of ‘weak reality’ compared to high expectations Read More »

Chinese real estate stocks have surged this month. But analyst warns of 'weak reality' compared to high expectations

Chinese real estate stocks have surged this month. But analyst warns of ‘weak reality’ compared to high expectations

Leave a Comment / Business / By

House prices in China fell in October mainly due to lower prices in less developed, so-called Tier 3 cities, according to analysis of official data from Goldman Sachs. Edition of the future | Edition of the future | Getty Images BEIJING — China’s real estate sector is not yet ready for a quick recovery, despite …

Chinese real estate stocks have surged this month. But analyst warns of ‘weak reality’ compared to high expectations Read More »