Currently browsing tag


Want to get back into stocks? Check junk spreads first

By Rodrigo Campos NEW YORK (Reuters) – A positive vibe returned to the U.S. stock market Friday, leaving some to wonder if, after two weeks of losses, the latest selloff scare was over. The best clues may come from what happens to low-quality corporate bonds. The most recent decline in the S&P 500 marks the third time in six months that the market has looked wobbly and threatened a significant reversal. Each time, so far, it has bounced back quickly. But what has some investors most worried this time around is the recent, notable underperformance in junk bonds in the past few months. ..

U.S. stocks needn’t fret about a government shutdown

By Rodrigo Campos NEW YORK (Reuters) – Investors may be tempted to shy away from stocks in the next week or two as the latest version of the fiscal follies plays out in Washington. It's understandable. The prospect of a government shutdown or, worse, default on the federal debt, rekindles memories of 2011 when Washington's infighting prompted the loss of the United States' triple-A credit rating and was a primary driver behind the stock market's last full-on correction. …

Stocks cut gains, Dow turns negative

NEW YORK (Reuters) – Stocks cut their gains on Monday, with the Dow turning negative as initial optimism over a deal to keep Cyprus afloat faded. The Dow Jones industrial average was down 4.55 points, or 0.03 percent, at 14,507.48. The Standard & Poor's 500 Index was up 2.79 points, or 0.18 percent, at 1,559.68. The Nasdaq Composite Index was up 5.60 points, or 0.17 percent, at 3,250.59. (Reporting by Ryan Vlastelica; Editing by Kenneth Barry)