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HSBC doubles down on stock market message for 2026
TheStreet68d agoneutral
HSBC doubles down on stock market message for 2026

The week of June 8 handed global markets a sharp reminder of how quickly sentiment can shift. Goldman Sachs removed its 2026 Fed rate cut calls. The Nasdaq fell 5% on the May jobs report. Investors who had been positioned for easing scrambled to recalibrate. The wall of worry that has defined ...

Trading Volume Surges on Volatile Day
The Wall Street Journal68d agobullish
Trading Volume Surges on Volatile Day

23.5 billion That's the number of shares that traded hands Tuesday in the U.S. stock market, the third-highest total of the year, according to Dow Jones Market Data. The Nasdaq composite volume was 12.

S&P 500, Nasdaq fall as tech selling resumes
Reuters Videos68d agobearishVIDEO
S&P 500, Nasdaq fall as tech selling resumes

<body><p>STORY: U.S. stocks closed mostly lower on Tuesday, though the blue-chip Dow bucked the trend with a slight gain, while the S&P 500 shed about a quarter of a percent and the Nasdaq dropped almost one percent.</p><p>The VIX volatility index hit its highest level since April 7 during the session as stocks sold off.</p><p>Jason Browne is president of Alexis Investment Partners.</p><p>"Its been a wild ride for stocks today. We opened actually positive. We had S&P 500 go up and touch its 20-day moving average and then immediately reverse. And so we have at the moment what looks like a key reversal day. In other words, we exceeded the prior day's highs and then we sold off and we actually exceeded the prior day's lows."</p><p>Technology stocks resumed Friday's selloff following a bounce on Monday. The S&P 500 tech index fell more than 4% before paring losses. The Philadelphia Semiconductor Index dropped as much as 8.6% after rising 3% in early trading.</p><p>:: SpaceX</p><p>SpaceX's market debut on Friday could also be a hurdle for stocks as investors worry about possible overexuberance among high-growth tech stocks.</p><p>:: Archive</p><p>Meanwhile, President Donald Trump wrote in a social media post that Iran had shot down the U.S. Apache helicopter that was patrolling the Strait of Hormuz overnight.</p><p>Trump vowed to respond, which added to doubts about prospects for a truce in the Middle East war.</p></body>