She became one of Wall Street's most successful stock pickers during the pandemic, with millions of followers in social media, but Wood is struggling this year and facing intense scrutiny.
The declines come a day after the Federal Reserve raised interest rates by the most in over two decades as it embarks on a high-stakes fight to bring down inflation.
Stocks slumped after Russia invaded Ukraine. The tech-heavy Nasdaq momentarily entered what is known as a bear market — when an index drops by 20% or more from its recent record high.
Markets went on such a roller-coaster ride this week that it even stumped the most veteran investors. The Federal Reserve plans to start raising interest rates to tackle inflation.
Bond and stock markets have tumbled this year as inflation continues to surge. The Federal Reserve has already indicated it will need to raise interest rates. The question is: Will that be enough?
What a big year 1971 was. Here, we break down the 50th anniversaries of some of the biggest health initiatives, some serious industry game-changers, and more.
The exchange wants to require listed companies to include women and minorities. California and Goldman Sachs have made similar steps recently; some European countries have had such rules for years.
Stacey Cunningham, who started her career at the exchange as a summer intern on the ground floor, has been appointed to lead the Big Board starting Friday.
The Nasdaq has closed at a new high. It last peaked just before the dot-com crash, and "Nasdaq 5,000" soon became code for stock market bubble. Does the record hold any of the same warnings today?
