Stocks fall amid fears of rate hikes
Wall Street ended the week with its worst day in months. The Dow Jones fell more than 1,000 points with all three major indexes off more than 3%. Nikki Battiste reports.
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Stock market slows after Monday sell-off
The stock market stayed flat Tuesday after falling sharply Monday. Rebecca Walser, president of Walser Wealth Management, joins CBS News to explain how the sell-off is connected to fears over what the Federal Reserve has planned for next months interest rate hike.
Stock market recap
It turned out to be a relatively flat day on Wall Street. The Dow opened higher but took a turn midday, with the market dipping into the red. Chief economist for The Conference Board Dana Peterson joins CBS News' Tanya Rivero and Lilia Luciano to discuss.
MoneyWatch: Markets react to war in Ukraine
The Dow Jones suffered significant losses on Tuesday as the war in Ukraine intensified. Escalating violence coupled with increased sanctions on Russia caused the price of oil to spike. Axios business reporter Hope King joins CBS News with more.
Stock market sees rollercoaster day
President Biden announced the U.S. will ban Russian imports of oil. That announcement and other news surrounding Russia's war in Ukraine sent the stock market on a rollercoaster Tuesday. David Ragland, chief investment officer of IRC Wealth, joins CBS News at the closing bell to explain why days like these could be a good sign on Wall Street.
MoneyWatch: Fed announces interest rate hike
The Federal Reserve announced a 0.25% interest rate hike -- the first increase since 2018. The Wall Street Journal's chief economics correspondent Nick Timiraos, author of "Trillion Dollar Triage: How Jay Powell and the Fed Battled a President and a Pandemic and Prevented Economic Disaster," joins CBS News to explain what this means for American consumers.
Inflation's impact on retirement funds
New figures from the Bureau of Labor Statistics show inflation slowed in April for the first time since August. But the Dow ended the day down more than 300 points. Michael Rosen, managing partner and chief investment officer at Angeles Investments, joins CBS News to discuss the impact inflation coupled with the falling stock and bonds markets have had on Americans' pensions and retirement funds.
MoneyWatch: Markets and inflation
The markets slid Wednesday largely due to the ongoing war in Ukraine, with the Dow closing in the red just one day after the yield curve briefly inverted for the first time since 2019. Brent Schutte, chief investment strategist of Northwestern Mutual Wealth Management Company, joins CBS News to discuss economists' concerns.
Stock market hit by inflation fears
Stock markets tanked early Friday after news that May's Consumer Price Index rose more than economists expected. Melissa Armo, founder and owner of The Stock Swoosh, LLC, joined CBS News to discuss the market's reaction to rising inflation.
MoneyWatch: Market recap for June 27th, 2022
All three major stock market indexes showed some volatility on Monday, with the Dow Jones down about 60 points at the end of the afternoon following early gains in the morning. Jeanna Smialek, a reporter covering the Federal Reserve and the economy at The New York Times, discussed factors driving the current market and how the Fed is working to combat inflation on CBS News.
MoneyWatch: Markets react to Ukraine crisis
The stock market closed down on the day President Biden announced sanctions, saying the Russian invasion of Ukraine was underway. Steve Odland, CEO of The Conference Board and the former CEO of Office Depot and Autozone, joins CBS News to discuss the impact the Russia-Ukraine conflict is having on the markets and the impact on consumer confidence.
MoneyWatch: Markets react to inflation report
In MoneyWatch, the stock market fell following the release of the Labor Department's March Consumer Price Index. Consumer prices rose 1.2% last month, up 8.5% from the same time last year. Matt Stucky, a senior portfolio manager at Northwestern Mutual Wealth Management, joins CBS News with more on the impact.
MoneyWatch: Oil's tumble may not last long
Oil prices fell under $100 a barrel Tuesday. Tamar Essner, a principal at Vectis Energy Partners, joined CBS News to discuss.
Markets react to Fed interest rate hike
The Federal Reserve on Wednesday announced its largest interest rate hike since 1994, in an effort to combat historic inflation. Matthew Luzzetti, a senior economist at Deutsche Bank, joins CBS News to discuss how the move is impacting the stock market.
MoneyWatch: Stocks swing on earnings reports
Major stock indexes ended Wednesday mostly flat despite gains early in the day. Wall Street Journal reporter Caitlin McCabe joins CBS News at the closing bell to discuss what is driving the market.
MoneyWatch: Markets snap losing streak
The Dow Jones Industrial Average ended the week up more than 500 points, snapping eight straight weeks of losses. The tech heavy NASDAQ and S and P 500 both saw gains as well. Dan Ives, managing director and senior equity analyst at Wedbush Securities, joins CBS News to discuss what's driving the markets.
Markets end the day down Tuesday
The Dow Jones bounced back late Tuesday after dipping more than 800 points during the day, while other major indexes ended the day down. Scott Wren, senior global market strategist at Wells Fargo Investment Institute, joins CBS News to discuss the day's trading and what investors should be looking towards.
MoneyWatch: Netflix stock plummets
The NASDAQ ended Tuesday deep in the red after Netflix reported it lost subscribers for the first time in a decade. Michael Pachter, managing director of equity research at Wedbush Securities, joins CBS News at the closing bell to break down how Netflix is impacting the market and why it may not be as big an indicator as some may fear.
MoneyWatch: Markets react to Russia
Russia's invasion of Ukraine sparked major turmoil in the global markets. David Waddell, chief investment strategist at Waddell and Associates, joins CBS News to discuss what the geopolitical drama could mean for the economy in the coming days.
Stock market ends the week with gains
The stock market closed out the week with gains as it responded to the Federal Reserve's interest rate hike. Melissa Armo, founder and owner of The Stock Swoosh, joins CBS News at the closing bell to break down what's driving the market.
MoneyWatch: Stock markets continue to fall
Stock markets saw big losses Monday as gas prices continue to rise and Russia's invasion of Ukraine sparks the potential for even more economic fallout. Scott Wren, senior global market strategist at Wells Fargo Investment Institute, joins CBS News to discuss the ramifications.
Confusion on Wall St. after Nasdaq glitch
Confusion erupted on Wall Street Monday night when it appeared Amazon's stock dropped more than $800 in after-hours trading while several others showed dramatic gains and losses. Andrea Fujii of CBS Los Angeles reports.
Economy expert on stock market slump
Wall Street has entered a bear market, but experts warn you shouldn't do anything rash. CBS News Business Analyst Jill Schlesinger spoke to Anne-Marie Green and Vladimir Duthiers on CBS News about how to handle your finances in a down market, and what's to blame for plummeting prices.
Stocks plunge as major retailers show poor results
Stocks plummeted on Wall Street after disappointing quarterly results from the nation's largest retailers. CBS News senior White House and political correspondent Ed O'Keefe has the latest. Then, Akane Otani, a reporter for The Wall Street Journal, joins Elaine Quijano on CBS News to explain the current market volatility.
MoneyWatch: S&P briefly hits bear market
A major stock market index briefly hit bear market territory on Friday after a volatile week of trading. George Ball, chairman at the investment firm Sanders Morris Harris, speaks with CBS News' Tanya Rivero and Nancy Chen on whether the U.S. economy is headed for a recession.
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Ukraine launches 1,000 drones at Russia, including hundreds fired at Moscow
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4 killed in U.S. strike on alleged drug-smuggling boat in Caribbean, Pentagon says
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