Chaos in the US banking system is actually a good thing for stocks because investors are pricing in Fed cash injections into the economy, Unlimited Funds' Bob Elliott said.
"Let me just say I would not want to be a Fed policymaker right now."
The flight to safety amid the banking tumult has benefited tech stocks, but Barclays cautioned against chasing the rally.
Insider's Phil Rosen interviews Liz Young, SoFi's head of investment strategy, on her economic and market outlook for 2023.
"When the Federal Reserve hits the brakes, something goes through the windshield," George Gatch said Tuesday.
UBS struck a $3.25 billion Swiss government-brokered deal to acquire its troubled peer Credit Suisse on Sunday.
The Dow, the S&P 500 and the Nasdaq look to rebound Thursday, one day after a sharp, late-session selloff.
The Dow and the S&P 500 are set for higher open, one day after the indexes broke three-session winning streaks
Morgan Stanley's Mike Wilson said this week that a few sectors of the market have seen "meaningful" repricing amid the recent turmoil.
Previously, Morgan Stanley's top stock strategist predicted the market would suffer its worst earnings recession since 2008.
Kasparov, a chess grandmaster and Avast Security Ambassador, says he is less worried about Google AI and Microsoft ChatGPT compared to the risk of bad actors. Learn more.
Tesla’s (TSLA) electric vehicle market share has fallen amid rising competition. Moreover, TSLA currently trades at a premium to its peers. With the adoption of electric vehicles expected to rise