Money

  • 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.