Traders Are Cashing Out of Markets En Masse

Traders just pulled billions out of stocks and junk bonds Elevated market valuations are now stirring investor angst The great market rally of 2024 looks dangerously close to unraveling as Wall Street’s once-invincible bull brigade begins to withdraw its winnings....

Tech Stocks’ Biggest Weekly Rout Since 2022 Roils Markets

US equities sold off sharply on Friday, sending tech stocks to the biggest weekly loss in 17 months, due to tensions in the Middle East and worries over the outlook for interest rates. The S&P 500 index closed down 0.9%, dropping for the sixth straight session and...

P&G Slips as Slow Sales Growth Offsets Higher Profit Outlook

Third-quarter sales missed estimates and volumes were flat Company says productivity gains are bolstering profitability Procter & Gamble Co. sank on Friday after the maker of Pampers diapers and Dawn dish soap reported quarterly sales that fell short of Wall...