Buzz on Business

Stock Market Rallies After Tuesday's Plunge, S&P 500 Hits New All-Time High

William Walsh
More interesting and concerning to all of us here at World Headquarters was the news report that the economies of the 4th and 5th biggest US trading p...

Market Rebounds After Tuesday's Selloff, But Caution Advised

William Walsh
One headline we saw right after the close on Wednesday said, “Calm, returned to the markets.” I suppose that's right if by calm you mean staying h...

Will Inflation Stay Cool? Key CPI Data Drops Today

William Walsh
On Friday, most of the indexes were up. The Dow Jones Industrial Average was down. On Monday, the Dow was up, and by a fair amount. But much of the re...

Will We See Rate Hikes Instead? Inflation Surprises, Stocks Recoil

William Walsh
If you thought that rate cuts were coming, maybe in March, but surely no later than May. If you thought that the stock market was just a series of ste...

Shake it Off? Market Is All To Well, But Will It Be Our Blank Space Soon?

William Walsh
The S&P finally closed above 5,000 for the first time ever on Friday. The tech-heavy NASDAQ Composite is within 210 points of a new all-time high. Sma...

Market Narrows Despite Jobs Boom: "Creepy, Menacing Music" Plays

William Walsh
More good news from the labor market and more good news on earnings propels the broad market higher, but decliners lead advancers yet again, the marke...

Green Numbers, Grumpy Mood: William Walsh Questions the Market Rally's Heart

William Walsh
A mile wide and an inch deep. That's what support for this market looks like—feels like—to us. The major indexes gapped up at the open on Wednesda...

Market Searching for Direction: But No News This Week

William Walsh
On Monday, stocks were down, not a whole lot, but it was a down day. Interestingly, the semiconductors were up. Yesterday, stocks were up, not a whole...

Market Jitters After Powell Speech, But Earnings Season Could Spark Rally

William Walsh
Like the rock star he is, Federal Reserve Chairman Jerome Powell went on 60 Minutes on Sunday night and put the kibosh on the possibility of a rate cu...

Facebook Moonshot & Labor Market Boom: Bullish Signs or Storm Clouds Ahead?

William Walsh
Another new record high for the Dow. Another new record high for the S&P 500. Another two-year high for the NASDAQ Composite. There was some really go...

Jobless Claims Up, Manufacturing Up: Will the Fed Cut Rates?

William Walsh
Three of the Magnificent Seven companies reported earnings after the bell on Thursday. Facebook parent Meta, Amazon, and Apple all exceeded expectatio...

Markets Crumble as Fed Takes Away the Punch Bowl

William Walsh
If it is true, as is often claimed, that the job of the Federal Reserve is to take away the punch bowl just as the party is getting started, Federal R...
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