U.S. stock market indexes have experienced a wild swing, and the $Nasdaq Composite Index (.IXIC.US)$ down about 22% YTD for the year. The stock market has reversed on the next day from its Wednesday rally, following Fed Chair Jerome Powell taking75-basis-point rate hike off the table in June.
Jim Paulsen, chief strategist at The Leuthold Group, believes that Tech stocks may be in a bear market but it's still not going to be a burst of market b...

[What's New]
Investors have focused on earnings reportthis week as $Goldman Sachs (GS.US)$ and $ASML Holding (ASML.US)$ released their earings Tuesday and Wednesday respectively. And Netflix will announce its earnings today.
The earnings per share is always highlighted in either earnings or financial news. What is earnings per share and why is it always be mentioned?
[Everyday Power]
1. EPS reflects how much a company earns or costs its ordinary shareho...

US stocks closed: the three major indexes collectively closed down, and the NASDAQ fell more than 1%
$Invesco QQQ Trust (QQQ.US)$ The U.S. stock market opened higher and went lower, continuing the recent decline. All the three major stock indexes closed lower, and the NASDAQ fell more than 1%. At the close, it was 10.5% lower than the historical closing high set in November last year, entering the technical correction range. As of the close, the Dow Jones index fell 0.96% to 35028.65; The S & P 500 i...

Market Snapshot
U.S. Treasury yields moved slightly lower on Wednesday as investors await a raft of U.S. economic data and continue to monitor government responses to the rapidly spreading pandemic variant.
The Federal Reserve’s more hawkish turn on monetary policy also remained in focus for investors, after it said last week that it would speed up the reduction of its monthly bond purchases and signaled it is considering hikes in interest rates in 2022.
Quote of the Day
In the business world, the rearview mirror is always clearer than the windshield.
Some regard financial statements as the rearview mirror, what do you make of it?
$Dow Jones Industrial Average (.DJI.US)$  $Nasdaq Composite Index (.IXIC.US)$  $S&P 500 Index (.SPX.US)$

By Ander
Hey, mooers! Here are things you need to know before the opening bell:
- Stock futures were muted early Wednesday morning after the major averages rebounded from a three-day losing streak spurred by fears about the omicron Covid variant.
- Higher prices, a worker shortage and a revitalized labor movement are bringing about the return of pay increases tied to inflation, known as cost-of-living adjustments, or COLAs.
Market Snapshot
Stock futures were muted early Wednesday morning after the major averages rebounded from a three-day losing streak spurred by fears about the omicron Covid variant.
Futures on the $Dow Jones Industrial Average (.DJI.US)$ slipped 27 points, $S&P 500 Index (.SPX.US)$ futures slipped 9 points and $Nasdaq Composite Index (.IXIC.US)$ futures slipped 54 pionts.
Top News
U.S. to distribute free at-home tests to fight Omicron
President Biden also outlines other measures to combat the rapidly spreading variant, saying, "We have to do more. We have to do better-and we will."
Turkey rolls out economic rescue plan, reversing Lira's spiral
Turkey's currency mounted a dramatic, partial reversal from a monthslong collapse after President Recep Tayyip Erdogan announced a rescue plan to encourage Turks to put their money back into the lira.
Surging inflation has workers demanding bigger raises
Higher prices, a worker shortage and a revitalized labor movement are bringing about the return of pay increases tied to inflation, known as cost-of-living adjustments, or COLAs.
Maersk to buy LF Logistics for around $3.6 billion
The shipping giant has agreed to buy LF Logistics for around $3.6 billion including lease liabilities, a move that would give the ocean shipping giant a network of warehouses. $A.P. Moller - Maersk A/S Unsponsored ADR (AMKBY.US)$
Sony Group india unit, Zee Entertainment to merge
An Indian unit of $Sony (SONY.US)$ and Zee Entertainment Enterprises said they agreed to merge in a bid to meet growing consumer demand for entertainment content and drive shareholder value.
SoftBank finalizing $4 billion Loan From Apollo-Led Group
The deal shows the Japanese conglomerate's ravenous need for cash and Apollo Global Management's push into lending, a territory traditionally dominated by banks.
Read More
The S&P 500 may replicate its 1997-1999 rally
The first U.S. Bitcoin ETF marked the crypto funds market explosion in 2021
Elon Musk and Jack Dorsey are talking about "Web3"
BlackBerry 3Q sales fall from year ago, but top expectations
Key Events This Week
Source: CNBC, Dow Jones Newswires, Bloomberg

The Fed said it would speed up the reduction of its bond purchase, a move in ending the pandemic support to increase back its zero interest rate. The yield on treasury yields fell. As stock and bond markets usually react in an opposite way, that means stock prices could go up when historically they have gone down. Friday still shown a red drop in market and let's see how this Fed move will impact over this December. $Dow Jones Industrial Average (.DJI.US)$ $S&P 500 Index (.SPX.US)$ $Nasdaq Composite Index (.IXIC.US)$ 🤞

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$S&P 500 Index (.SPX.US)$ $Nasdaq Composite Index (.IXIC.US)$ $Dow Jones Industrial Average (.DJI.US)$

U.S. stock index futures were little changed during overnight trading on Monday after the major averages started the week in the red as Covid omicron fears hit sentiment.
During regular trading, the $Dow Jones Industrial Average (.DJI.US)$ slid 0.89%, or 320 points, while the $S&P 500 Index (.SPX.US)$ dipped 0.9%. The $Nasdaq Composite Index (.IXIC.US)$ fell 1.39% as investors rotated out of technology stocks with high valuations.
Shares of airlines and cruise line operators declined amid fears that the omicron variant could slow travel.
$Moderna (MRNA.US)$ $Bristol-Myers Squibb (BMY.US)$ $Pfizer (PFE.US)$ $MarketAxess (MKTX.US)$ $Incyte (INCY.US)$ $NVIDIA (NVDA.US)$ $General Motors (GM.US)$ $Align Technology (ALGN.US)$ $Devon Energy (DVN.US)$ $Hanesbrands (HBI.US)$