Tech stocks drive the market higher with mega-cap giants Apple and Amazon leading the way

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• Limited Sega Mega Drive trainers and caps releasing this week You can’t see it but the Mega Drive logo is on the back of the shoe (Picture: Lavair)90s Sega fans will soon be able to rep the company’s classic console with a limited line of 16-bit themed apparel. The Mega Drive remains one of Sega’s most fondly remembered consoles (possibly the most fondly remembered). So, to capitalise on the nostalgia of long-time Sega fans, the company has partnered with independent trainer label Lavair to release themed trainers and baseball caps.…
• The recent stock sell-off is a short-term 'healthy pullback' as the market hits extremes, according to one technical analyst A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 9, 2020. Bryan R Smith The ongoing sell-off in the stock market represents a "healthy pullback," technical analyst Katie Stockton said in a note on Monday. The S&P 500 is down about 3% from its record high, with losses accelerating in Monday's trading session. "We think the pullback will be short-lived, maturing later this week," Stockton said. Sign up here for our…
• The stock market's fear gauge spikes the most since February as the S&P 500 tests a crucial technical level A trader works during the Fed rate announcement on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 20, 2019. Reuters/Brendan McDermid Wall Street's fear gauge soared the most since February on Monday as stocks fell more than 2%. The decline in stocks comes as concerns grow about the spread of the COVID-19 Delta variant. Monday's decline brought the S&P 500 to its key technical 50-day moving average support level. Sign up here for our…
• Asian stocks mixed, Europe gains after Wall St decline Shares opened higher in Europe on Friday after a mixed day of trading in Asia, where rising coronavirus cases and the risks to pandemic recoveries weighed on sentiment. Stocks rose in Paris, Frankfurt and Hong Kong but fell in Tokyo, Seoul and Shanghai. U.S. futures edged higher, while oil prices declined. The Bank of Japan kept its policy settings intact Friday but downgraded its growth forecast for the current fiscal year slightly, to 3.5%-4% from 3.5%-4.4%. It said the outlook…
• US stocks could tumble 15% in a rough fall - and the bitcoin bubble could deflate further this year, Guggenheim's Scott Minerd says Guggenheim Investments Global Chief Investment Officer Scott Minerd. Milken Institute US stock prices and bond yields could decline further this fall, Scott Minerd told Bloomberg. Fears that the delta variant will cause the economy to weaken could see US stocks fall 15%, he said. Minerd said "there's still more air to come out" of the bitcoin bubble. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. US equities could drop 15% by the end of October,…
• Stock market sell-off batters energy stocks as Delta variant and falling oil prices worry investors Shannon Stapleton/Reuters Energy stocks tumbled as the broader market sold off on Monday, with the S&P 500 Energy Index falling 4.5%. Fears surrounding the Delta variant were top of traders' minds, as the virus could threaten further lockdowns. Some observers still see oil rising over the long term as supply struggles to meet demand. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Energy stocks tumbled as the broader market sold off on Monday, with the…
• JPMorgan says the S&P 500 will rally another 8% this year as fears of slower growth are overblown Xinhua/Wang Ying/ Getty Images The S&P 500 is poised to rise 8% into year-end, JPMorgan said in a note on Tuesday. The bank believes fears of a slowdown in economic growth are overblown. JPMorgan increased its S&P 500 year-end price target to 4,600 from 4,400. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Yesterday's more than 2% sell-off in stocks isn't shaking JPMorgan's conviction in where the S&P 500 will end by year-end. JPMorgan's head…
• Bitcoin slides below $30,000 as fears mount over surging COVID-19 cases - and now trades 55% below its record high STR/NurPhoto via Getty Images Bitcoin dropped below $30,000 for the first time since June 22 on Tuesday. As global markets were shaken by the spread of the Delta variant, other digital assets tumbled too. Cryptocurrencies have been trading lower since China banned the use of digital assets as currency. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Bitcoin slid below $30,000 on Tuesday for the first time in about a month as rising fears of…
• Dow plummets 726 points for worst day of 2021 as virus variants threaten global recovery US stock market investors are feeling optimistic about the economy. Spencer Platt/Getty Images US stocks fell sharply to start the week as investors grow concerned about the global spike in COVID-19 cases. The 10-year Treasury note declined as much as 12.2 basis points to 1.177%. Cryptocurrencies, gold, and oil were all lower. Lumber prices rose. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. US stocks cratered on Monday as investors eyed a spike in global…
• 'Ted Lasso' returns for a second season this Friday - here's how to watch the Emmy-nominated series on Apple TV Plus When you buy through our links, Insider may earn an affiliate commission. Learn more. Jason Sudeikis as Ted Lasso. Apple TV+ "Ted Lasso" is a sports comedy following the fictional British soccer team AFC Richmond. The show stars former "Saturday Night Live" cast member Jason Sudeikis as the title character. The second season premieres exclusively via Apple TV Plus ($5/month) on July 23. TV Plus Monthly Subscription (small)"Ted Lasso" returns to Apple TV Plus ($5/month) for a second season on…