Wiley Angell News Today

In 2022, markets recorded sharp losses in stocks and bonds, wreaking havoc on investors' bottom line, including the conventional 60/40 investment portfolio.

Wall Street's main indexes had come under pressure in recent days, with the S&P 500 shedding 3.6% since the beginning of December on expectations of a longer rate-hike cycle and downbeat economic views from some top company executives.

Indexes up as weekly jobless claims rise in line with estimates

Shares of Meta Platforms have lost 61%, their biggest drop since the company went public a decade ago.

Apple and Tesla are similar in that they have huge market values, which means they benefit from flows into funds that track major indexes.

It would be difficult to argue that Tesla’s (TSLA) bet on China years ago hasn’t borne fruit for investors

U.S. employers added 315,000 jobs in August, down from 526,000 in July, but Nuveen's chief investment strategist saw it as a positive for investors.

Among the sizable EV startups in the US, shares of the electric-truck maker have fared the worst this year by a mile, down 64%.