Money

U.S. stocks set a new low for the year

Published

2 years ago

September 28, 2022

U.S. stocks set a new low, with the S&P 500 tumbling

After flirting with the bear market for weeks, the S&P 500 finally tumbled below the key 3,600 level on Tuesday, setting a new low for the year

The benchmark 10-year Treasury yield also continued to climb, hitting levels not seen in over a decade.

It’s been a rough few months for the stock market, as economic uncertainty and rising inflation fears have weighed on investor sentiment. And with bond yields continuing to rise, it doesn’t look like things are going to get any better anytime soon.

So far in 2021, the S&P 500 is down over 5%.

But if you’re feeling discouraged, remember that this is just a temporary setback. The market will eventually recover and reach new highs.

Money

Why the meme-stock frenzy is unlikely to repeat

Published

4 days ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

5 days ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

5 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending