NewsWatch: Dow win streak at risk ahead of tech results as China crackdown threatens rally

This post was originally published on this site

MARKETWATCH FRONT PAGE

U.S. stocks trade moderately lower Tuesday morning ahead of quarterly results from some of the most prominent names in the technology sector, with a Chinese regulatory crackdown threatening to weaken the investing mood on Wall Street See full story.

This could be the peak of the tech boom — Here’s what to look for

As tech companies begin reporting more huge profit and sales totals this week, the question to ask is how long the heady growth can continue. See full story.

How the 10-year Treasury rate and S&P 500 performed when the Fed tapered in 2013

Investors expect more insights from the Federal Reserve this week about the future of its monthly $120 billion asset purchase program, using the 2013 ‘taper tantrum’ as a potential guidepost for markets. See full story.

Bitcoin price surges toward $40,000 — Here are 4 reasons

A rally by bitcoin on Monday wasn’t all about a help-wanted ad from Amazon.com Inc., analysts say. See full story.

Tesla tops $1 billion in profit, delays Semi launch

Tesla Inc.’s profit topped $1 billion for the first time in the company’s history and its sales nearly doubled, zooming past Wall Street expectations, but there was no stock rally late Monday as a “limited” battery supply and the ongoing chip shortage crimped the Silicon Valley electric-car maker’s output and forced it to delay the launch of its commercial truck. See full story.

MARKETWATCH PERSONAL FINANCE

Families say they plan to spend an average of nearly $850 on back-to-school shopping this year, up $59 from 2020. See full story.