Dow Jones Futures: Stock Market Rally At Turning Point As Rebound Fizzles, What To Do Now

With the S&P 500 just below its 50-day , the market rally is at a turning point. What should investors do now? Read More...


US STOCKS-Wall Street ends rollercoaster week sharply lower

U.S. stocks closed sharply lower in a broad sell-off on Friday, ending a week buffeted by strong economic data, corporate tax hike worries, the Delta COVID variant, and possible shifts in the U.S. Federal Reserve’s timeline for tapering asset purchases. All three major U.S. stock indexes lost ground, with the Nasdaq Composite Index suffering the biggest decline as rising U.S. Treasury yields pressured market-leading growth stocks. “The market is struggling with prospects for tighter fiscal policy due to tax increases, and tighter monetary policy due to Fed tapering,” said David Carter, chief investment officer at Lenox Wealth Advisors in New York.

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