The US stock market was rocked by hotter-than-expected inflation data Tuesday as financial markets brace for the possibility that the Federal Reserve may keep interest rates higher for longer than hoped. The S&P 500 Index is down 1.1% after core US consumer prices climbed by most in eight months. If that holds into the close, … Read more
It is always a stockpicker’s market. You just have to pick the right stocks. If you picked the so-called Magnificent Seven last year—a group of highflying, mostly tech stocks that powered the S&P 500 index to a 24% gain—you looked in the mirror and beheld a genius. This year, it might be wise to avoid … Read more
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