Longtime trader Art Cashin told CNBC on Wednesday that the S&P 500 may need to drop as much as 2% and bounce off those levels in order to rally in earnest again. “I think that will give the market a sense that they cleared another hurdle and maybe we can …

Consumer staples stocks have been in the express checkout lane this month. The XLP, the ETF that tracks consumer staples stocks, is up more than 1% in August and has bucked the S&P 500’s 3% drop. Its top performers include Tyson Foods, Coca-Cola, Kroger, Estee Lauder, Kellogg and Costco. Gains …

Woman uses laptop at work sankai | iStock | Getty Images If you own a Windows or Mac laptop that’s a few years old and starting to feel a bit sluggish, you might be tempted to go out and buy a new one. Sometimes  that sluggishness can be fixed with …

Stocks could be in for a rough second half. While the major averages are stuck in consolidation mode, spending much of August swinging back and forth on trade and Federal Reserve developments, the sideways action is likely to end soon, says widely followed Wall Street strategist Sven Henrich. “Anything can change at …

1. Dow to open lower, again following bond yields lower Traders work on the floor at the New York Stock Exchange, August 13, 2019. Eduardo Munoz | Reuters U.S. stock futures were pointing to a lower open Wednesday a day after the Dow Jones Industrial Average gave up nearly half …

The gold rally hasn’t lost its shine. Investors flocked to the precious metal this week, pushing prices to $1,552 an ounce, as the yield curve inversion deepened and again set off recession alarm bells. Deutsche Bank analysts said in a note Tuesday that global central banks’ move to gold investments …

A bank employee counts US currency and Chinese currency notes at a bank in Nantong, Jiangsu Province of China. Xu Jinbai | Visual China Group | Getty Images China’s yuan is being closely watched as its economy slows and as Beijing remains locked in a trade war with the U.S. …

Long-term Treasury rates added to their monthlong slide Tuesday, aggravating a key yield curve inversion and sending the 10-year yield to its lowest level against the 2-year rate since 2007. The yield on the benchmark 2-year Treasury note, more sensitive to changes in Federal Reserve policy, fell to 1.526%, 5 …

Wall Street could be set to embark on a bullish run over the next month, CNBC’s Jim Cramer said Tuesday. Based on analysis from Larry Williams, the renowned stock trader credited for creating a number of market barometers including the aptly-named Williams %R momentum indicator, investors should expect the stock …

Brazil’s Amazon rainforest fires have caused global concern. And yet it could get even worse as the country’s fire season is just getting started. Since January more than 70,000 fires have been detected in Brazil’s Amazon rainforest, up 84% from the number tracked in 2018, according to the country’s National …