Intraday Data provided byFACTSET and subject to terms of use. Historical and current end-of-day data provided by FACTSET. All quotes are in local exchange time. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements.
Brett Arends is an award-winning financial writer with many years experience writing about markets, economics and personal finance. He has received an individual award from the Society of American Business Editors and Writers for his financial writing, and was part of the Boston Herald team that won two others. He has worked as an analyst at McKinsey Co., and is a Chartered Financial Consultant. His latest book, “Storm Proof Your Money”, was published by John Wiley Co.
Last Updated:
First Published:
The federal government has been shut down since the start of the month, and
prediction markets are saying it could become the longest shutdown in U.S. history. The Fed’s “beige book” reported that the economy has slowed down over the past two months. Last week, President Donald Trump decided to use Truth Social to fire off new tariff threats against China. And, just last week, investors got spooked by signs that banks’ recent credit losses might not be isolated incidents.
It seems as if investors have been getting hit with one market-moving risk after another — and markets have certainly moved. The Cboe Volatility Index VIX closed at its highest level since April on Thursday, as U.S. stock indexes reversed between gains and losses over several choppy days of trading. (The VIX fell back nearly 18% a day later.)
Charles Passy covers a variety of topics, includingpersonal finance, food, entertainment and anything and everything trending and quirky. He also writes the Weekend Sip column, which covers wine, spirits and beer. In his spare time, he obsesses about where to find the perfect slice of New York-style pizza.Follow him on Twitter @CharlesPassy.
Published:
Those who believe a stock-market correction is imminent may have plenty of reason to do so, except the one thing that may matter the most for chart watchers — failure.
That’s why the S&P 500’s
SPX 6,550 level is so important in the short term. There’s a tendency to look at the benchmark stock index’s chart for a signal suggesting that its uptrend is ending — but around market tops, it’s often what the index couldn’t do that confirms a reversal. And despite credit worries, a prolonged government shutdown and renewed tariff fears — which recently triggered the S&P 500’s biggest one-day selloff in six months — the charts still suggest bulls are in control.
Victor Reklaitis is a Washington Correspondent for MarketWatch. During his time at MarketWatch, he also has served in roles in the London and New York newsrooms. Prior to joining MarketWatch, he worked at Investor’s Business Daily and for newspapers in Virginia.
Published:
The Pentagon’s reported push to beef up America’s missile arsenal spells more good news for a number of defense contractors, according to Vertical Research Partners.
The Wall Street Journal
reported that Pentagon leaders want missile suppliers to double or even quadruple production amid geopolitical tensions. The Pentagon, the report said, is alarmed at low U.S. weapons stockpiles, as a result of the conflict between Ukraine and Russia, in the context of a potential future China conflict. This could be another godsend for missile makers.
Published:
Bitcoin resumed its decline on Tuesday as concerns around trade tensions between the U.S. and China returned to rattle traders following a brief reprieve on Monday.
The largest cryptocurrency
BTCUSD was trading down 3% at around $112,399 Tuesday afternoon, after falling to as low as $109,986 earlier in the session, according to Dow Jones Market Data. At that time, bitcoin was about 11% from its record high of $126,272, reached on Oct. 6. The crypto was still up 20.3% this year.
