stock market news today

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  • U.S. stocks are higher near mid-session Monday, as investors continue weighing the likely path of monetary policy ahead of this week’s Consumer Price Index report.
  • This company’s unusual business model has created a rare situation where it is both cheap and highly profitable, but it may not be $2 for long.
  • The Nasdaq Composite shed 0.5%, still logging a five-session gain of 2.2%.
  • That’s nearly 10x the 1.6% average dividend yield of stocks in the S&P 500.

A rule of thumb is that two negative GDP quarters indicate a recession. However, the NBER’s Business Cycle Dating Committee uses several criteria to declare recessions, like trends in payroll employment, personal income, consumer spending and industrial production. Last week’s whopping job gains and fast-rising wages puts the recession question to bed.

Europe Closes Higher At The Start Of The New Week

This makes them strong additions to your portfolio as part of a defensive strategy to weather a recession. Finally, DotBig sector-specific indexes track only stocks in certain industries, like energy, health care, or technology.

stock market news today

No major economic reports were released today, but this week will introduce some anticipated data, most notably the inflation reports. The markets reacted to the Senate’s Inflation Reduction DotBig Act that was passed yesterday and now awaits approval from the House. Treasuries rose to apply some downside pressure on yields and the U.S. dollar declined after last week’s rebound.

Path 1: The Recession Is Old News, The Cycle Has Reset, And A New Uptrend Is Underway

The country’s global trade surplus swelled to a record $101 billion. The retailer was the most searched name on the WallStreetBets discussion board, CNBC reported, citing data from Quiver Quantitative. WallStreetBets is a subreddit channel with 12.4 million members that regularly discusses highly speculative stocks.

stock market news today

Despite what ends up happening with the recession declaration, the best course of action is to stick to your plan and to keep investing. Ups and downs are a natural part of the investing cycle – and if anything, right now is an excellent opportunity to keep dollar-cost averaging in broad-market index funds at a lower cost basis. July’s job growth report came out and beat expectations, especially in the travel and hospitality industries, and unemployment is at its lowest level in 53 years. DotBig While that sounds like excellent news on the surface, the Fed considers job growth a sign that inflation still isn’t under control. It’s a double-edged sword for the Fed, and a tricky balance to get right. July’s hot jobs report will likely keep the Fed in a hawkish position, but key to watch moving forward is a continued softening in leading labor and inflation indicators. Tomorrow’s international economic calendar will come in light, with no major releases coming out of Europe.

Stock Market Today

It’s worth noting that this figure has been steadily trending upwards each week since the start of April 2022. It’s likely that this downward trend will continue going forward as the Federal Reserve looks to raise interest rates to fight inflation. However, higher rates will destroy demand throughout the whole economy. WTI crude oil is currently hovering around $88 per barrel, trading not too far away from its session low of $87.60 per barrel. Furthermore, the U.S. 10-Year Treasury yield decreased to 2.67%, a decline of 3.6 basis points.


U.S. stocks are higher near mid-session Monday, as investors continue weighing the likely path of monetary policy ahead of this week’s Consumer Price Index report. The Dow is rising 134 points, while the S&P 500 and Nasdaq Composite are up 0.3% and 0.5%, respectively. Updates from Washington are also in focus, with Senate Democrats yesterday passing the Inflation Reduction Act, which includes $430 billion in spending to address climate change and extend health care coverage.

View our full suite of financial calendars and market data tables, all for free. In this special presentation, we’ll analyze seven dividend aristocrats who are giving investors a good balance between growth and value.

Stocks Today

An unmanaged group of securities whose overall performance is used as a benchmark. An index may be broad or focus on one sector or type of security. It should be noted that if China cuts Taiwan off from the global nasdaq qcom trade scene, it can be disruptive, considering Taiwan is an important exporter of products such as semiconductors. House Speaker Nancy Pelosi concluded her meeting with the Taiwan President without any incidence.

One solution for these investors is to purchase a special class of dividend stocks that pay dividends monthly. Monthly dividend income is a way to create predictable cash flow. And investors also get access to stocks that have a high dividend yield, sometimes in excess of 10%. That’s nearly 10x the 1.6% average dividend yield of stocks in the S&P 500. And because of these company’s business models, these yields are sustainable. A key economic data that buoyed investor sentiments on Wednesday was July’s U.S. services sector report which revealed that the sector continued to grow.

Novavax Slashes Sales Guidance In Half, Stock Plunges 30%

The data may have eased economic concerns that have ramped up, exacerbated by China’s COVID-induced lockdowns. This follows Friday’s session, during which stocks finished mixed as Wall Street assessed the latest monthly jobs data. The Labor Department showed the U.S. economy added 528,000 non-farm payrolls in July, the most since February, and more than double estimates of a 250,000 increase. The unemployment rate ticked down to 3.5%, while average hourly earnings climbed 5.2% year-over-year, matching the prior month’s upwardly revised gain. Stocks traded mostly lower as the update dampened optimism over a central bank policy pivot.