Dow drops 700 points, Nasdaq tumbles on megacap tech earnings

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U.S. stocks were trading sharply lower on Tuesday afternoon, failing to capitalize on the rebound from the previous session, as investors scanned a series of corporate earnings reports and awaited earnings reports expected after the bell. tech giants including Microsoft Corp. and Alphabet Inc., parent company of Google. How are stock market indices changing? The…

‘A recession over the next 12 months is not in our base case’: Stocks were battered on Friday. Why smart investors focus on the long game

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The stock market ended a volatile week on a gloomy note on Friday, with the three major U.S. indexes plunging as investors were gripped by worries like inflation, the Fed’s fight against it and fears of a landing brutal in recession. As confidence also took a hit, financial experts advised investors not to panic but…