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The stock market could crater again. Here’s why investors shouldn’t worry

spike 8 hours ago

Wall Street and New York Stock Exchange in New York.

Alexander Spatari

The stock market has defied gravity in recent weeks, rebounding nearly as quickly as it sold off amid the coronavirus pandemic.

The threat of another steep decline is omnipresent. But stock investors shouldn’t be concerned, experts say.

In fact, panicking and selling out of stocks if the market craters again could cost investors a lot of money.

“When the heat is on and things feel risky and scary, that’s where your biggest potential returns are going to lie as a stock market investor,” Fitzgerald said.

Stock market rebound

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Slack, Gap, RH, Broadcom, Uber & more

spike 9 hours ago

Take a look at some of the biggest movers in the premarket:

United Airlines (UAL), American Airlines (AAL), Delta Air Lines (DAL), Southwest Airlines (LUV), JetBlue (JBLU) – Airline stocks are extending this week’s rally this morning, as demand continues to rebound faster than expected despite being substantially below normal levels.

Gap (GPS) – Gap lost $2.51 per share for the first quarter, wider than the 67 cents a share loss that analysts were expecting. The apparel retailer’s revenue was also below forecasts, amid pandemic-related store closures, although Gap noted an improvement in online sales. Gap also said 55% of

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Nissan’s CEO Makoto Uchida on Nissan’s future

spike 9 hours ago

The international car industry has been upended by the coronavirus pandemic, with production plants closed around the world and car sales halted during lockdowns.

Now carmakers are looking to increase competitiveness and profitability in a fast-changing world, with the shift to greener technology another big hurdle the sector is facing. 

Last week, Japanese carmaker Nissan revealed a net loss of 671.2 billion yen ($6.17 billion) in the fiscal year 2019, its first annual loss in more than a decade. On the same day, it unveiled a four-year plan involving production cuts and reducing the number of models it produces from

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Job report looms with Dow up 4% this week

spike 9 hours ago

The New York Stock Exchange (NYSE) is pictures on May 26, 2020 at Wall Street in New York City.

Johannes Eisele | AFP | Getty Images

This is a live blog. Check back here for updates:

8:16 am: Treasury yields rising as investors move in to risk assets

Bond yields continue their rapid rise, with the benchmark 10-year yield touching 0.89%, its highest level since March 24. Treasury yields, which move opposite price, have been rising on a better economic view, but got a big kick up when the ADP report Wednesday showed less than 3 million jobs were lost

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