Stock Market Today Stocks Fall for Fourth Consecutive Session Kiplinger Kiplinger is supported by its audience. When you purchase through links on our site, we may earn an affiliate commission.
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Stock Market Today Stocks Fall for Fourth Consecutive Session
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A lack of economic news – and the fact that the bond market was closed in observance of Columb...
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Stock Market Today Stocks Fall for Fourth Consecutive Session
The path of least resistance remains lower for equities amid rate-hike worries and recession jitters. (opens in new tab) (opens in new tab) (opens in new tab) Newsletter sign up
Newsletter (Image credit: Getty Images) By Dan Burrows last updated 12 October 2022 Stocks closed lower Monday in a choppy session noticeably light on volume.
A lack of economic news – and the fact that the bond market was closed in observance of Columbus Day and Indigenous Peoples Day – helped make for a quiet day of trading.
10 Metaverse Stocks for the Future of Technology
Still, heightened anxiety over central bank tightening (opens in new tab), a rising dollar and a dour outlook for the automotive industry made further declines the path of least resistance for equities. Shares in General Motors (GM (opens in new tab), -4.0%) and Ford Motor (F (opens in new tab), -6.8%) sold off after Wall Street analysts predicted both carmakers would suffer steep earnings declines next year.
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U.S. stocks kicked off the week with a fourth straight day of losses. The blue-chip Dow Jones Indust...
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U.S. stocks kicked off the week with a fourth straight day of losses. The blue-chip Dow Jones Indust...
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Ryan Garcia 11 minutes ago
The tech-heavy Nasdaq Composite lost -1.0% to settle at 10,542. (Image credit: YCharts)
Other...
U.S. stocks kicked off the week with a fourth straight day of losses. The blue-chip Dow Jones Industrial Average fell 0.3% to close at 29,202 while the broader S&P 500 slipped 0.8% to 3,612.
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Isaac Schmidt 6 minutes ago
The tech-heavy Nasdaq Composite lost -1.0% to settle at 10,542. (Image credit: YCharts)
Other...
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Victoria Lopez 8 minutes ago
(Bitcoin trades 24 hours a day; prices reported here are as of 4 p.m.)
AI s Top Stock Picks
The tech-heavy Nasdaq Composite lost -1.0% to settle at 10,542. (Image credit: YCharts)
Other news in the stock market today:The small-cap Russell 2000 shed 0.6% to 1,691.U.S. crude futures declined 1.9% to $90.87 per barrel.Gold futures fell 2.0% to $1,675 an ounce.Bitcoin slipped 1.3% to $19,216.
(Bitcoin trades 24 hours a day; prices reported here are as of 4 p.m.)
AI s Top Stock Picks
October is supposed to be the "bear market killer (opens in new tab)," but we've yet to see evidence of the 10th month coming to the rescue in 2022. An uncomfortably robust September jobs (opens in new tab) report did nothing to dissuade the Federal Reserve from sticking to its hawkish stance on inflation.
And just when consumers were starting to see some relief from rising energy prices (opens in new tab), OPEC and its allies decided to slash production of crude oil. Although the move creates opportunities for investors in some of the best oil stocks (opens in new tab), it was decidedly bad news on both a personal finance and macroeconomic level.
19 Best Stocks to Buy Now for High Upside Potential (opens in new tab)
With the market off to one of its worst starts in history, it's clear that do-it-yourself investors need all the help they can get. Happily, a stock-picking platform driven by artificial intelligence has been sharp in the past – and it's open to retail investors.
Danelfin's AI system not only identifies stocks with the highest probability of beating the market over the next 30 to 90 trading days, it also selects for names with the lowest risk profiles. Read on to learn about the fintech's top stock picks for Q4 (opens in new tab).
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Curaleaf Holdings (CURLF) Dan BurrowsSenior Investing Writer, Kiplinger.comDan Burrows is a financial writer at Kiplinger, having joined the august publication full time in 2016.
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Andrew Wilson 33 minutes ago
A long-time financial journalist, Dan is a veteran of SmartMoney, MarketWatch, CBS MoneyWatch, ...
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Isaac Schmidt 16 minutes ago
Once upon a time – before his days as a financial reporter and assistant financial editor...
A long-time financial journalist, Dan is a veteran of SmartMoney, MarketWatch, CBS MoneyWatch, InvestorPlace and DailyFinance. He has written for The Wall Street Journal, Bloomberg, Consumer Reports, Senior Executive and Boston magazine, and his stories have appeared in the New York Daily News, the San Jose Mercury News and Investor's Business Daily, among other publications. As a senior writer at AOL's DailyFinance, Dan reported market news from the floor of the New York Stock Exchange and hosted a weekly video segment on equities.
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Dylan Patel 25 minutes ago
Once upon a time – before his days as a financial reporter and assistant financial editor...
Once upon a time – before his days as a financial reporter and assistant financial editor at legendary fashion trade paper Women's Wear Daily – Dan worked for Spy magazine, scribbled away at Time Inc. and contributed to Maxim magazine back when lad mags were a thing.
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Madison Singh 15 minutes ago
He's also written for Esquire magazine's Dubious Achievements Awards.
In his current role at Ki...
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Brandon Kumar 12 minutes ago
Dan holds a bachelor's degree from Oberlin College and a master's degree from Columbia Universi...
He's also written for Esquire magazine's Dubious Achievements Awards.
In his current role at Kiplinger, Dan writes about equities, fixed income, currencies, commodities, funds, macroeconomics and more.
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Harper Kim 10 minutes ago
Dan holds a bachelor's degree from Oberlin College and a master's degree from Columbia Universi...
Dan holds a bachelor's degree from Oberlin College and a master's degree from Columbia University.
Disclosure: Dan does not trade stocks or other securities. Rather, he dollar-cost averages into cheap funds and index funds and holds them forever in tax-advantaged accounts. Latest 4 Ways You Can Take Advantage of a Down Market With markets down for the year, it may seem that all the news is bad.
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