Stocks in 2022 face bumpy ride as S&P sits at record

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Stocks in 2022 face bumpy ride as S&P sits at record

SlateStone Wealth chief market strategist discusses the impact of inflation on the stock market on ‘Making Money.’

Equities are on quite a run in 2021 with the S&P 500, the broadest measure of U.S. stocks, sitting at a fresh record high and many strategists see the momentum continuing in the new year but not without some bumps.

Ticker	Security	Last	Change	Change %
SP500	S&P 500	4725.79	+29.23	+0.62%

“I think we need to get through one or two earnings periods to prove both businesses and consumers alike are as adaptable as they were during this first wave of the COVID virus. I think we could gradually grind higher, maybe if we are lucky, get to 5,100 next year,” UBS Managing Director and senior portfolio manager Jason Katz told FOX Business.

MIXED MESSAGES OF THE MARKET: JASON KATZ OF UBS

Ticker	Security	Last	Change	Change %
SPY	SPDR S&P 500

Stocks notch 3rd day of gains, Apple hits record

Game

UBS GWM Head of America’s Equities David Lefkowitz discusses his outlook for stocks and the possibility of future gains.

U.S. stocks notched the third day of gains as investors continue to monitor the COVID-19 variant and its potential impact on the economy.

The Dow Jones Industrial Average rose over 34 points or 0.1%, while the S&P 500 and Nasdaq Composite were higher by 0.3% and 0.6%, respectively. This after the S&P 500 posted its best day since March on Tuesday.

Ticker	Security	Last	Change	Change %
I:DJI	DOW JONES AVERAGES	35754.75	+35.32	+0.10%
SP500	S&P 500	4701.21	+14.46	+0.31%
I:COMP	NASDAQ COMPOSITE INDEX	15786.987996	+100.07	+0.64%

The latest Job Openings and Labor Turnover Survey or JOLTS showed 11.03 million job openings in October, the highest number of openings since July, when businesses were looking to fill 11.1 million positions. It marked an increase from September when there were an

Tech toy on your record? Why the microchip scarcity could hinder your getaway purchasing

by: Emma North, Kerri O’Brien, Keyris Manzanares, Nexstar Media Wire

Posted: Oct 13, 2021 / 06:01 PM EDT
/ Updated: Oct 13, 2021 / 06:01 PM EDT

RICHMOND, Va. (WRIC) – The Better Organization Bureau is warning of a microchip shortage that could leave you with less items less than the Christmas tree this 12 months.

This implies electronics, toys and some other solutions will be in small supply this holiday break year — if they are not now.

The personal computer chip lack has been one of the most much-reaching, given that the chips are a essential component in automobiles and other created goods.

In April, the Connected Push claimed that the scarcity has been rippling by way of numerous markets due to the fact very last calendar year, making it tough for educational institutions to obtain sufficient laptops for remote understanding and creating

Nasdaq tops 15,000 for first time, S&P 500 sets new record

Kaltbaum Capital Management President Gary Kaltbaum, Money Map Press chief strategist Shah Gilani and Hennion & Walsh Asset Management CIO Kevin Mahn share their insights on today’s markets.

U.S. stock indexes climbed to record highs Tuesday as the Nasdaq Composite index topped 15,000 for the first time.

The tech-heavy Nasdaq rose 0.52%, to close at a record 15,019.80, while the S&P 500 index added 0.15% on the way to its own all-time high. The Dow Jones Industrial Average gained 32 points, or 0.09%, finishing about 258 points below its record peak.

Ticker	Security	Last	Change	Change %
I:DJI	DOW JONES AVERAGES	35366.26	+30.55	+0.09%
SP500	S&P 500	4486.23	+6.70	+0.15%
I:COMP	NASDAQ COMPOSITE INDEX	15019.799537	+77.15	+0.52%

The Nasdaq’s milestone, reached early afternoon, marked the 136th trading day since the last 1,000 point milestone, as tracked by Dow Jones Market Data Group.

A House vote to advance the framework for

Stock futures search for direction following record day

NatWest Markets co-head of Global Economics Michelle Girard, Advisor Group Chief Market Strategist CEO Phil Blancato and Kaltbaum Capital Management President Gary Kaltbaum on the latest CPI number, the Federal Reserve and today’s markets.

U.S. equity futures are trading mixed ahead of the Thursday session on Wall Street.

The major futures indexes suggest a gain of 0.1% for the Dow ahead of the release of jobless claims data and another measure of inflation.

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The Labor Department will release its count of new claims for unemployment benefits for last week. Expectations are for 375,000. That’s down slightly from 385,000 the prior week. Continuing claims, which track the total number of unemployed workers collecting benefits, are anticipated to drop by 50,000 to 2.88 million, which would mark a new pandemic low.

At the same time, the Bureau of Labor Statistics will report wholesale