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U S stocks fail to find direction, Nasdaq slips 75 points

Stocks closed mixed the world over Thursday as investors struggled to get a clear picture on the way ahead.

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Why I Believe The Recession Has Already Begun

As a general rule of thumb, the NBER will declare a Recession when the economy contracts for two consecutive quarters.

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Transcripts for CNN CNN Newsroom With Pamela Brown 20240604 22:11:00

you re invested in and does it make sense. this is not the time, anymore, where these high flying stocks are what s going to give you your return. it s very possible that you might see the markets go up for a week or two here but long run, and i hate to be the bearer of bad news but it s what i believe is that maybe it goads up a week or two but then it starts to down trend again. i would not be surprised to see the nasdaq go down at 14%. the standard and poors go down another 10%. if you re in it for the long run, if you don t need your money for five years, ten years, 15 years or longer, you just have to wait. what you should be doing is continue to dollar cost average. if you re in a 401(k) plan or a retirement account, don t stop now. this is not the time to be taking out loans from your 401(k) because if you take out

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This Is Why Stocks Are Going Up, But It Means That The Market Is Fragile

This Is Why Stocks Are Going Up, But It Means That The Market Is Fragile
forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.

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Systemic risk to stay high for Indian banks amid second Covid surge: S&P

Rating agency Standard & Poor’s today said the systemic risk facing banks in India is likely to remain high in the wake of the second wave of Covid-19 infections and the high proportion of weak loans. This is despite India s economic recovery, though the central bank and the government’s efforts to cushion the effects of the economic crisis will limit the stress on the balance sheets of these banks. The control of Covid-19 remains a key risk for the economy. New infections have spiked in recent weeks and the country is in the middle of a second pandemic wave. Some targeted lockdowns have already been implemented and more will likely be needed. The impact of broader lockdowns on the economy could be substantial, depending on their length and scope, S&P said in a statement.

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