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The Dow soars, Big Tech tumbles: What’s next for stocks as investors await Fed guidance

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The past week offered a tale of two markets, with gains for the Dow Jones Industrial Average putting the blue-chip gauge on track for its best October on record while Big Tech heavyweights suffered a shellacking that had market veterans recalling the dot-com bust in the early 2000s. “You have a tug of war,” said … Read more

The next financial crisis may already be brewing, but not where many expect

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A growing number of traders, academics, and bond-market gurus are worried that the $24 trillion market for US Treasury debt could be headed for a crisis as the Federal Reserve kicks its “quantitative tightening” into high gear this month. With the Fed doubling the pace at which its bond holdings will “roll off” its balance … Read more