Adam Shell USA TODAY Published 7:01 AM EST Jan 7, 2019 If anyone understands how bear markets and plunging stock prices can upend a sense of calm and financial well-being, it’s me. I’ve spent the past 19 years at USA TODAY reporting and writing about the unpredictable Dow Jones industrial average’s good and bad days. And even though the Dow was rising and in a bull market for 15 of those years, the best lessons I learned about investing – and about myself and the way my brain and psyche react to violent market swings -- came when stocks were going down. Today is my last day writing about Wall Street at USA TODAY after voluntarily accepting an early retirement package from the newspaper’s parent, Gannett. In my final column, I'll share what I’ve learned about the market and personal finance since my first day here. In a two-decade run as a stock market reporter, “the market” has been my friend, but also an … [Read more...] about Dow: Stock market lessons from veteran reporter who covered two bears
Buy shares stock market
Put half a dozen investment experts in a room and you will usually get six different opinions on stock markets. But as we head for 2019, there is a little more consensus than usual. Nearly everyone is saying that the year ahead is going to be a difficult one for investors - although it will not be without its opportunities. Nick Dixon is investment director at financial services company Aegon. He believes that next year will be 'challenging' for investors, with uncertainty 'driven by slowing global growth, Brexit and the uncertain pace of interest rate rises'. One in three fund managers think the UK and the US could offer the best investment returns It is a view shared by Darius McDermott, managing director of investment fund scrutineer Fund-Calibre. He says: 'I think 2019 could be another difficult year for investors. It may be a volatile 12 months and investors could be well-served taking a look at their portfolios and rebalancing any biases that exist.' In other words, … [Read more...] about How UK may see a surprise stock market boost in 2019
Editors USA TODAY Published 3:41 AM EST Dec 26, 2018 Markets re-open: Can they rebound? After a day off for Christmas and an abbreviated Christmas Eve session Monday that saw the Dow Jones Industrial average plummet 653 points, the struggling markets re-open Wednesday morning. Already nearing a dreaded bear market, it likely will be a challenge for Wall Street to pull itself out of its doldrums quickly. Last week, Joe Quinlan, chief market strategist at U.S. Trust, called the market an "ornery beast for investors to deal with" and he added, "it’s going to stay ill-tempered." More: Where are stocks headed in 2019? Wall Street pros are calling for a rebound More: Q&A: Does the stock market sell-off mean a recession is coming? More: Don't let volatility in the market be a lump of coal in your stocking Week-long Kwanzaa celebration begins Kwanzaa, the celebration of African and African-American culture, begins today and goes … [Read more...] about Stock market re-opens, Kwanzaa begins: 5 things to know Wednesday
FACEBOOK'S stock price has slumped by nearly $10billion after sealed court documents about the firm were released to the public. The secret files – which contain emails from billionaire boss Mark Zuckerberg – reveal the inner workings of Facebook, and the company's blatant disregard for user privacy. As stock markets opened today, the company's shares had fallen by around 2.5% – which works out at a loss of $9.5billion (£7.4billion). The company is now worth around $378billion, as investors bail on the company over its rogue antics. Zuckerberg is under major pressure now, after MP Damian Collins, who is leading an investigation into fake news, yesterday published secret emails and messages sent between Facebook employees. The 250-page report revealed that workers tried to covertly gather users' calls and texts while covering their tracks in order to avoid negative headlines should the practice go public. In one of the internal messages from 2015, a Facebook … [Read more...] about Facebook loses $9.5BILLION on stock market after major leak exposed dodgy Zuckerberg’s emails
Adam Shell USA TODAY Published 10:13 AM EST Nov 20, 2018 The wave of selling on Wall Street intensified Tuesday, with big losses in popular tech stocks extending the recent stock market slide and erasing the 2018 gains of the Dow, Nasdaq composite and broad S&P 500 stock index. The selling pressure was again focused in the hard-hit technology sector, where shares of all the so-called FAANG stocks -- Facebook, Apple, Amazon, Netflix and Google parent Alphabet -- were all lower. All five stocks, which had been leading the market higher during the bull market, are now down more than 20 percent from their highs in the past year, which puts them in bear-market territory. The biggest decliners are Facebook, which has been hounded by data privacy issues, down more than 40 percent from its recent peak, and Netflix, which is off nearly 38 percent. "The selloff is a continuation of the rotation away from high flying tech names and ongoing worries about the U.S.-China trade … [Read more...] about Stock market selloff erases 2018 gains for Dow and S&P 500.