Wealthy investors aren’t convinced that big stock market losses mean it’s a time to buy

Wealthy investors aren’t convinced that big stock market losses mean it’s a time to buy

It’s been a tough year for an investor, and the wealthy are no exception. Losses in the stock and bond markets this year have made portfolio conversations between Wall Street investment advisers and clients more difficult. The most conservative portfolios performed as badly if not worse than the riskiest portfolios, with bonds offering little protection….

Dow drops 700 points, Nasdaq tumbles on megacap tech earnings

Dow drops 700 points, Nasdaq tumbles on megacap tech earnings

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…