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We've detected you are on Internet Explorer. For the best Barrons.com experience, please update to a modern browser.GoogleFirefox Search News & Quotes BARRON'S TopicsStock PicksMagazineDataAdvisorPenta100 Years Subscribe Now 30-Day Free Trial Subscribe Today. Subscribe Today. Subscribe Today. Sign In summary summary u.s. europe asia FX rates futures ETFs crypto DJIA 1.00% 30668.53 S&P 500 1.46% 3789.99 NASDAQ 2.50% 11099.15 Russell 2000 1.36% 1731.14 U.S. 10 Yr -5.52% 3.29 VIX -9.39% 29.62 Bitcoin 0.72% 21840.83 Crude Oil -2.61% 115.83 Dollar Index -0.63% 104.86 Future Index 1.64% 796.12 Barron's 400 0.71% 894.67 * TRENDING * Markets * Federal Reserve Meeting * Crypto Crash * How Your Inflation Stacks Up * Bitcoin in Your 401(k) * Stock Picks * Barron's Live * Barron's Roundtable TV * Newsletters * Podcasts * Market Data STOCKS STAGE AN 'EVERYTHING RALLY' * Seeing Red: Why That’s a Bullish Sign BITCOIN’S PLUNGE TAKES IT NEAR $20,000 * 10 of the Most-Exposed Crypto Stocks * Why Cryptos May Get Even More Volatile U.S. RETAIL SALES FALL FOR FIRST TIME IN 5 MONTHS * Home Depot, Costco and 3 More Retail Stocks to Buy FDA ADVISERS BACK MODERNA AND PFIZER COVID VACCINES FOR YOUNG CHILDREN OIL INFLATION ISN'T BUDGING. JUST LOOK AT WALL STREET'S PRICE TARGETS. FED FIGHTS INFLATION WITH LARGEST RATE HIKE SINCE 1994 The Federal Reserve on Wednesday decided to raise interest rates by 0.75 percentage point, to a range of 1.5%-1.75%, as it tries to cool inflation from a 40-year high. 4 min * A Rundown of What Really Matters to the Fed, the Markets, and the Economy * GDP Model Slips to Zero Growth. Is a Recession on the Way? * The ECB Will Fight Widening Bond Spreads. The Worry Is Italy. * More Fallout: Companies Are Putting Off Deals and Much More Your browser does not support iframes STOCK PICKS TIME TO CHECK INTO A NEW PURE PLAY ON BUSINESS TRAVEL American Express Global Business Travel has good clients, bright prospects, a No.1 market share, and a cheap stock. 3 min EATON SHARES LOOK READY FOR AN ELECTRIFYING RECHARGE BUY BRISTOL MYERS STOCK. ITS RALLY IS JUST GETTING STARTED. A SHIPPING STOCK WITH A FRESH TAKE ON DIVIDENDS ENERGY GIANT SHELL STILL LOOKS LIKE A BARGAIN CITIZENS FINANCIAL IS GROWING. WHY ITS STOCK COULD GAIN 29%. U.S. STOCK MOVERS Sponsored by Jun 15, 2022 4:00 p.m. ET activegainersdecliners NIO 7.77% Vol 120.75M $20.25 NIO Inc. ADR AMD 2.66% Vol 95.52M $89.30 Advanced Micro Devices Inc. AAPL 2.01% Vol 91.21M $135.43 Apple Inc. AMZN 5.24% Vol 84.48M $108.19 Amazon.com Inc. View full tableView extended-hours trading page THE BARRON'S DAILY A morning briefing on what you need to know in the day ahead, including exclusive commentary from Barron's and MarketWatch writers. Enter your Email SIGN UP You're Signed Up! We've sent a confirmation email for your subscription to The Barron's Daily. See all Barron's Newsletters Close Window Complete Your Sign Up for The Barron's Daily Change Email Update Email Want to Receive Special Offers and More? I would also like to receive updates and special offers from Dow Jones and affiliates. I can unsubscribe at any time. Required I agree to the Privacy Policy and Cookie Policy. Complete Sign Up Transportation TESLA CARS AND CRASHES. A REGULATOR JUST RELEASED DRIVER-ASSISTANCE DATA. Tesla accounted for most Level 2 Advanced Driver Assistance System crashes reported to the National Highway Traffic Safety Administration. It's not a call on safety. 2 min FORD IS RECALLING OVER 2.9 MILLION VEHICLES FOR RISK OF ROLLAWAY CRASHES Ford is aware of six reports alleging property damage and four reports alleging an injury potentially related to this concern, the highway safety regulator said. 1 min NIO JUST REVEALED ITS NEW SUV. WHY THE STOCK IS SOARING. The Chinese EV maker revealed the ES7 at an event on Wednesday. 1 min Real Estate MORTGAGE RATES ARE SOARING. APPLICATIONS ROSE ANYWAY. The average rate on a 30-year fixed mortgage rose to 5.65% last week—the highest level since late 2008. 1 min High Yield JUNK BOND YIELDS TOP 8% AFTER RECENT SELLOFF Yields on high-quality corporate bonds have climbed quickly, but there isn't much sign of stress in that market. 2 min Technology SPOTIFY TO SLOW HIRING, JOINING OTHER TECH COMPANIES A source confirmed to Barron's that an email had been sent to Spotify staff saying the company would 'reduce hiring growth by 25%.' 1 min Fintech PAYPAL LAUNCHES A MONTHLY 'BUY NOW PAY LATER' OPTION Users will be able to break the total cost of purchases between $199 and $10,000 into monthly payments over a six- to 24-month period. 1 min Advisor Practice Management WELLS FARGO VETERAN EXECUTIVE DAVID KOWACH TO LEAVE BANK Kowach, who previously ran Wells Fargo's brokerage business, is the latest high-profile executive to depart the company. 2 min Technology ROBLOX STOCK RISES EVEN AS STRONG DOLLAR IS HURTING BOOKINGS Foreign currency fluctuations lead to a 4% reduction in bookings in May on an annual basis, says Roblox. 2 min Technology META HAS ANOTHER PROBLEM. FACEBOOK AD RATES ARE FALLING. A Piper Sandler Analyst reports that on a year-over-year basis, ad rates on Facebook have declined in each of the last six months. 3 min Media LIBERTY MEDIA FORMULA ONE GOT AN UPGRADE. THE STOCK IS RACING. Morgan Stanley upgraded the stock, saying the motor sport's rising popularity was translating into faster revenue growth. 2 min Manufacturing NUCOR EXPECTS RECORD QUARTERLY EARNINGS THANKS TO STRONG STEEL DEMAND Nucor expects earnings for the second quarter of between $8.75 and $8.85 a share. 2 min Fintech SELL ROBINHOOD STOCK ON CRUMBLING CRYPTO AND A FALLING MARKET, SAYS ANALYST Atlantic Equities downgraded shares of brokerage app Robinhood Markets to Underweight from Neutral, citing "deteriorating revenue trends." 1 min Technology MARVELL AND OTHER CHIP STOCKS ARE STRUGGLING. TWO BULLS TURNED NEUTRAL. B.Riley analysts Craig Ellis and Michael Mani downgraded to Neutral from Buy chip stocks Marvell, Semtech, Lam Research, and five others. 2 min ESG Investing WHY INVESTORS ARE TONING DOWN CLIMATE DEMANDS Fewer shareholder resolutions focused on the environment are having success this year, but that isn't necessarily a bad thing. Long read 3 RETAILERS WITH SOLID ESG CREDENTIALS, ANALYSTS SAY Dollar General, Haine Celestial, and PayPal are working to show they are a more environmentally friendly way to shop, analysts say. 3 min PROPOSED INDEX ACT AIMS TO EMPOWER INVESTORS. WHAT YOU NEED TO KNOW. The Index Act is aimed at limiting the influence of the largest U.S. investment firms in ESG-related proxy votes. Long read COLUMNISTS Nicholas JasinskiFeature Regulation Is the Biggest Topic at SPAC Conference Karishma Vanjani How the Fed’s Rate Hikes Will Squeeze Borrowers Lawrence C. Strauss Even as Recession Worries Mount, Some Companies Are Declaring Big Dividend Hikes LATEST From MarketWatch and Barron's 5:15 PM ET BIDEN'S LATEST ATTEMPT TO LOWER GAS PRICES LOOKS LIKE A LONG SHOT 5:15 PM ET WHY STOCKS AND BONDS WENT INTO RELIEF-RALLY MODE AFTER FED'S JUMBO RATE HIKE 5:09 PM ET THE FED IS AGGRESSIVELY RAISING INTEREST RATES — AN EARNINGS RECESSION COMES NEXT 4:56 PM ET META HAS ANOTHER PROBLEM. FACEBOOK AD RATES ARE FALLING. 4:56 PM ET FDA ADVISERS BACK MODERNA AND PFIZER COVID VACCINES FOR YOUNG CHILDREN 4:36 PM ET TRUCKERS WILL BENEFIT AS COMPANIES 'ONSHORE' SUPPLY CHAINS: SURVEY 4:35 PM ET DOW, S&P 500 SNAP 5-DAY SKID AFTER BIGGEST FED INTEREST RATE HIKE SINCE 1994 4:31 PM ET STOCKS STAGE AN 'EVERYTHING RALLY' 4:27 PM ET 2-YEAR TREASURY YIELD HAS BIGGEST ONE-DAY DROP IN TWO YEARS AFTER FED PROJECTIONS POINT TO A PULLBACK IN INTEREST RATES IN 2024 4:12 PM ET WALL STREET GETS BEARISH ON COINBASE. WHAT THE ANALYSTS ARE SAYING. 3:33 PM ET FED FIGHTS INFLATION WITH LARGEST RATE HIKE SINCE 1994 3:30 PM ET RETIREES SHOULD GIRD FOR A LONG RUN OF HIGH INFLATION. HERE'S HOW. 3:04 PM ET OIL PRICES SETTLE AT A 2-WEEK LOW AS U.S. SUPPLIES CLIMB A SECOND WEEK AND THE FED HIKES RATES 2:35 PM ET REGULATION IS THE BIGGEST TOPIC AT SPAC CONFERENCE 2:33 PM ET GOLD PRICES END HIGHER, BOBBING BETWEEN GAINS AND LOSSES AFTER FED DECISION 2:20 PM ET SPOTIFY TO SLOW HIRING, JOINING OTHER TECH COMPANIES 2:03 PM ET GDP MODEL SLIPS TO ZERO GROWTH. IS A RECESSION ON THE WAY? 1:21 PM ET LIBERTY MEDIA FORMULA ONE GOT AN UPGRADE. THE STOCK IS RACING. 1:09 PM ET CRYPTO CEOS TOLD TO DISPLAY ‘A LITTLE HUMILITY’ AS CRASH CLAIMS MORE THAN A THOUSAND JOBS 1:06 PM ET SPOTIFY GETS AN UPGRADE. WHY AN ANALYST SAYS IT COULD BE MORE PROFITABLE. 12:44 PM ET WHY THE ECB CALLED AN EMERGENCY MEETING AS IT WRESTLES WITH 'FRAGMENTATION' RISK 12:41 PM ET WELLS FARGO VETERAN EXECUTIVE DAVID KOWACH TO LEAVE BANK 12:39 PM ET TESLA CARS AND CRASHES. A REGULATOR JUST RELEASED DRIVER-ASSISTANCE DATA. 12:32 PM ET ROBLOX STOCK RISES EVEN AS STRONG DOLLAR IS HURTING BOOKINGS 12:29 PM ET PAYPAL LAUNCHES A MONTHLY 'BUY NOW PAY LATER' OPTION 12:29 PM ET OIL INFLATION ISN'T BUDGING. JUST LOOK AT WALL STREET'S PRICE TARGETS. 12:28 PM ET JUNK BOND YIELDS TOP 8% AFTER RECENT SELLOFF 12:02 PM ET A SHOCKING NUMBER OF STOCKS ARE IN THE RED. HERE'S WHY THAT’S A BULLISH SIGN. 11:58 AM ET FORD IS RECALLING OVER 2.9 MILLION VEHICLES FOR RISK OF ROLLAWAY CRASHES 11:55 AM ET STAPLES STOCKS ARE USUALLY SAFE. WHY THEY'RE GETTING CRUSHED. 11:35 AM ET SELL ROBINHOOD STOCK ON CRUMBLING CRYPTO AND A FALLING MARKET, SAYS ANALYST 11:29 AM ET HOME DEPOT, COSTCO AND 3 MORE RETAIL STOCKS TO BUY 11:29 AM ET NIO JUST REVEALED ITS NEW SUV. WHY THE STOCK IS SOARING. 11:21 AM ET NUCOR EXPECTS RECORD QUARTERLY EARNINGS THANKS TO STRONG STEEL DEMAND 10:28 AM ET MARVELL AND OTHER CHIP STOCKS ARE STRUGGLING. TWO BULLS TURNED NEUTRAL. 10:08 AM ET MERRILL LYNCH ADVISORS WITH $1 BILLION GO INDIE WITH CETERA 10:06 AM ET SNOWFLAKE'S ANALYST DAY WAS A RESOUNDING SUCCESS. HERE'S WHAT WALL STREET IS SAYING. 10:04 AM ET BITCOIN IS ON A BUMPY RIDE. WHY CRYPTOS MAY GET EVEN MORE VOLATILE. 10:00 AM ET MORTGAGE RATES ARE SOARING. APPLICATIONS ROSE ANYWAY. 9:41 AM ET COACH PARENT TAPESTRY HAS SLUMPED. ONE BULL SEES FOUR CATALYSTS FOR THE STOCK. BARRON'S ADVISOR Visit Barron's Advisor Top 1,200 Advisors Top 100 Independent Advisors Top 100 Women Advisors Find an Advisor COMMENTARY CRYPTO’S MOMENT TO ‘PUT UP OR SHUT UP’ HAS ARRIVED Crypto has failed in the moment we most needed it, writes Ian Chaffee. 4 min BEAR MARKET COULD DRIVE THE ECONOMY INTO RECESSION Worries about a wage-price spiral are about to be eclipsed by recession fears, writes Desmond Lachman. 3 min PEACE IN EASTERN EUROPE IS SLIPPING AWAY AGAIN The Russia-Ukraine war will determine the shape of Eastern Europe for years. History suggests there are few stable outcomes, writes Edward Price. Long read HOW DELAWARE IS DRIVING THE ECONOMY DARK Hal Weitzman, author of 'What’s the Matter with Delaware?', says the state's policies are making it difficult to gather information about the U.S. economy. Long read EARNINGS PREVIEWS NUCOR EXPECTS RECORD QUARTERLY EARNINGS THANKS TO STRONG STEEL DEMAND 2 min KROGER REPORTS EARNINGS THURSDAY. WHAT INVESTORS WANT. 2 min DARDEN'S EARNINGS WILL OFFER ANOTHER READ ON INFLATION'S IMPACT 3 min COMMODITIES IT FEELS LIKE THE 1970S. BUT HERE'S WHY THIS DECADE COULD SHAPE UP TO BE LIKE THE ROARING 20S. 3 min COSTCO'S CHEAP GAS PRICES ARE A BIG HIT Long read THESE 6 ENERGY STOCKS COULD STILL GET YOU A PIECE OF THE GUSHER Long read EUROPE STOCKS STAGE AN 'EVERYTHING RALLY' 4 min QUALCOMM WINS $1 BILLION APPEAL AGAINST EU FINE FOR APPLE CHIP CONTRACTS 1 min STOCKS GAVE UP GAINS AS INVESTORS BRACE FOR RATE HIKE 4 min ASSET ALLOCATION TARGET-DATE FUNDS HAVE MEDIOCRE RETURNS. IT'S TIME TO TAKE A CLOSER LOOK. 3 min CRYPTO’S FUTURE IS NOTHING LIKE YOU IMAGINED Long read THESE FUNDS ARE TRENDY. AND THEY PROMISE BIG RETURNS. Long read MAGAZINE June 13, 2022 June 6, 2022 May 30, 2022 May 23, 2022 May 16, 2022 May 9, 2022 View Archives GAS SOARS TO RECORDS, BUT OUR DATA SHOW GAS STATIONS AREN’T THE PROBLEM Barron’s exclusive analysis of gas stations shows which parts of the supply chain are—and aren’t—benefiting from $5 a gallon prices. Long read TIME TO CHECK INTO A NEW PURE PLAY ON BUSINESS TRAVEL American Express Global Business Travel has good clients, bright prospects, a No.1 market share, and a cheap stock. 3 min THESE 6 ENERGY STOCKS COULD STILL GET YOU A PIECE OF THE GUSHER After climbing more than 60% this year, energy stocks still have room to run. Six picks in the industry’s most promising areas. Long read VIDEO Declaring a Bottom Skip Ad in 15 Your browser does not support HTML5 video. 0:00 PlayCreated with sketchtool. Paused Sound OnCreated with sketchtool. 0:00 / 0:38 ShareCreated with sketchtool.Closed Captions InactiveCreated with sketchtool. Declaring a BottomPlay video: Declaring a Bottom NOW PLAYING DECLARING A BOTTOM 0:38 BUILDING ON CHANGE 2:05 WEATHERING THE INFLATION STORM 9:32 NAVIGATING MARKET VOLATILITY 10:52 100 MOST INFLUENTIAL WOMEN IN U.S. FINANCE DANA TELSEY Dana Telsey is CEO of Telsey Advisory Group SUSAN THOMPSON Susan Thompson is head of SPDR Americas distribution at State Street Global Advisors ANNE WALSH Anne Walsh is chief investment officer for fixed income at Guggenheim Investments ELIZABETH WARREN Elizabeth Warren is the senior U.S. Senator for Massachusetts BARRON'S ADVISOR WELCOME TO THE BEAR MARKET. ADVISORS WEIGH IN. There are opportunities for tax-loss harvesting and Roth conversations. But clients may also want to make sure they have sufficient emergency funds. 3 min MORE THAN ONE-THIRD OF ADVISORS PLAN TO LEAVE INDUSTRY IN NEXT DECADE 3 min MICHAEL MILLER: HOW WE SUPER-SIZED A CONVERTIBLE-BOND SHOP Long read THE INS AND OUTS OF RIA INSURANCE Long read PENTA LOUISE BOURGEOIS’ ‘SPIDER’ NETS $40 MILLION AT ART BASEL 2 min WORLDWISE: BRAZILIAN JEWELRY DESIGNER FERNANDO JORGE’S FAVORITE THINGS 3 min RENOVATED NEW YORK ESTATE WITH RIVER VIEWS AND ASTOR FAMILY TIES LISTS FOR $25M The sprawling Hudson Valley property, known as Steen Valetje, is being sold by Suzy Welch, author and widow of former GE chairman Jack Welch 3 min LUXURY PROPERTY SEARCH Mansion Global is part of Dow Jones's Barron's Group BuyRent * Listings by: * RELATED PROPERTIES * Eze Bord de Mer, France $2,876,300 listing Barron's TOPICS * Cryptocurrencies * Data * Magazine * Markets * Stock Picks * Market Brief Videos * Barron's Live * Roundtable * Barron's Stock Screen * Personal Finance * Streetwise * Advisor Directory MEMBERSHIPS * Subscribe to Barron's * Subscribe to Barron's Advisor TOOLS * Saved Articles * Watchlist * Newsletters * Video Center CUSTOMER SERVICE * Customer Center NETWORK * The Wall Street Journal * MarketWatch * Investors Business Daily * Penta * Mansion Global * Financial News London NEWSSTAND * Buy Issues * Reprints * E-Edition FOR BUSINESS * Corporate Subscriptions FOR EDUCATION * Barron's in Education FOR ADVERTISERS * Press & Media Inquiries * Advertising ACCOUNT * Sign In * Subscriber Benefits * Manage Notifications * Manage Alerts ABOUT BARRON'S * Live Events * Centennial Privacy Notice Cookie Notice Copyright Policy Accessibility Data Policy Your Ad Choices Subscriber Agreement & Terms of Use Barron's Archive Copyright © 2022 Dow Jones & Company, Inc. 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