Wall Street slides as virus worries mount
on January 24, 2020 at 9:49 pm
Wall Street fell in a broad sell-off Friday on growing concerns over the scope of the coronavirus outbreak. As Fred Katayamam reports, the S&P 500 suffered its biggest weekly decline in six months.
Wait for 10% pullback in stocks: fund manager
on January 24, 2020 at 7:56 pm
Needham Funds portfolio manager Chris Retzler has taken some profit from high-flying chip, chip equipment and 5G infrastructure stocks. He awaits a correction in the markets so he can redeploy the cash.
S&P notches slight gain
on January 23, 2020 at 10:18 pm
The S&P 500 ended slightly higher and the Nasdaq eked out a record closing high Thursday, helped by a jump in Netflix, while news about the coronavirus outbreak spreading from China and mixed earnings results kept a lid on the market. Fred Katayama reports.
Yellow lights flashing for markets: technical analyst
on January 23, 2020 at 8:05 pm
Keep an eye on the exits, says technical analyst Mark Newton of Newton Advisors. Despite rising stock prices, he sees warning signs that suggest the equity markets may soon peak.
Tech leads S&P to slight gain
on January 22, 2020 at 9:44 pm
Technology shares led the S&P 500 marginally higher Wednesday, as a healthy forecast from IBM helped mitigate worries over the developing coronavirus outbreak. Fred Katayama reports.