Investors in the S&P 500 are highly dependent on the fate of Microsoft, Apple and other big technology stocks. A rally in March showed how this can mask turmoil in the rest of the market.
Tag: Company Reports
-
People Bought Crocs During the Pandemic. They Haven’t Stopped.
While other brands that thrived with customers in quarantine have dropped off, sales of the easily slipped-on clogs are up nearly 200 percent since 2019.
-
WeWork Reaches a Debt Restructuring Deal With SoftBank
The agreement will reduce the unprofitable office space company’s debt, giving it more financial breathing room.
-
Why the Banking Crisis Isn’t Over Yet
The sudden collapse of Silicon Valley Bank is fueling concern that the industry’s problems have only just begun.
-
Investors Fear a Recession Spurred by the Fed’s Inflation Fight
Investors were alarmed at suggestions by Jerome Powell, the Federal Reserve’s chairman, that interest rates could go even higher in a bid to halt inflation.