Stock futures tied to major U.S. equity indices retreated early Thursday as the market appeared ready to extend a sharp sell-off amid concerns about heightened speculative trading. Futures on the Dow Jones Industrial Average pointed to an opening drop of more than 100 points. S&P 500 and Nasdaq 100 futures also traded in negative territory.

Institutional Investor Hall of Famer Richard Bernstein warns retail investors will pay a big price for getting caught up in speculative trades. Bernstein, who has spent decades on Wall Street, cites the democratization of the market as a critical contributor to the excessive euphoria. He worries naiveté will ultimately put amateurs in difficult positions. “Bubbles show

Street performers in Minnie Mouse costumes pass in front of an AMC movie theater at night in the Times Square neighborhood of New York, Oct. 15, 2020. Amir Hamja | Bloomberg | Getty Images Shares of embattled movie theater giant AMC Entertainment more than tripled during premarket trading on Wednesday amid a flurry of trading

Goldman Sachs CEO David Michael Solomon attends a discussion on “Women Entrepreneurs Through Finance and Markets” at the World Bank on October 18, 2019 in Washington, DC. Olivier Douliery | AFP | Getty Images Goldman Sachs CEO David Solomon saw his pay slashed by just over a third for 2020 as part of a punishment

Dado Ruvic | Reuters Futures contracts tied to the major U.S. equity indexes ticked higher during the overnight session Tuesday as Wall Street pored over earnings results from Microsoft and awaited similar updates from Apple, Facebook and Tesla due Wednesday. Nasdaq-100 futures outperformed with a gain of about 67 points, or 0.5%. Dow futures held

A General Electric (GE) sign is seen at the second China International Import Expo (CIIE) in Shanghai, China November 6, 2019. Aly Song | Reuters Check out the companies making headlines in midday trading. General Electric — Shares rose nearly 4% after General Electric’s industrial free cash flow came in better than expected for the

The flags of China, U.S. and the Chinese Communist Party are displayed in a flag stall at the Yiwu Wholesale Market in Yiwu, Zhejiang province, China, May 10, 2019. Aly Song | Reuters China is ‘more assertive abroad’ In contrast to U.S. foreign policy under Trump, White House Press Secretary Jen Psaki said Biden’s administration

Ethereum and Bitcoin coins. Getty Images Ether, the digital token of the Ethereum blockchain, notched a new all-time high of $1,476 early Monday morning. The cryptocurrency climbed 6.2% to a price of $1,415 at about 9:15 a.m. ET. Altcoins, or alternative cryptocurrencies, have been known to rally in times of strength for bitcoin. Ether’s latest

Signage is displayed outside of a Bed Bath & Beyond Inc. store in Los Angeles, California, U.S., on Monday, Sept. 19, 2016. Patrick T. Fallon | Bloomberg | Getty Images Bed Bath & Beyond and AMC Entertainment are the newest targets of speculation for retail investors, creating a nightmare scenario for hedge funds betting against

Long-time bear David Tice has new warning for investors. He expects stocks to fall at least 30% in a downturn that lasts two years. One of his major reasons: Business unfriendly policies from Washington. “We now have a Biden administration that has a Senate and a House. They’re likely to enact very much more anti-capitalist

U.S. stock index futures were modestly higher in overnight trading on Sunday, as Wall Street prepares for the busiest week of earnings, which will include reports from some of the largest tech companies. Futures contracts tied to the Dow Jones Industrial Average gained 56 points, indicating a 73-point jump at the open. S&P 500 futures

Kacper Pempel | REUTERS Cryptocurrency-related crime fell last year to a small fraction of overall trading volume. But some targeted hacks boomed as criminals exploited people working from home during the pandemic. Last year, illicit activity made up 0.34% of all cryptocurrency transaction volume, according to a report from blockchain data firm Chainalysis. That was

Flags of U.S. and China are displayed at American International Chamber of Commerce (AICC)’s booth during China International Fair for Trade in Services in Beijing, China, May 28, 2019. Jason Lee | Reuters BEIJING — In the wake of U.S. President Joe Biden‘s inauguration, China is talking up hope for better relations with Washington —

Jim Lo Scalzo-Pool/Getty Images President Joe Biden in a speech last week said his $1.9 trillion Covid relief plan would lift 5 million kids from the ranks of the poor and cut the child poverty rate in half. That would be the biggest child-poverty reduction in recent history, according to some experts who study the

The stock market may avoid a major near-term correction, according to economic forecaster Lakshman Achuthan. Achuthan, co-founder of the Economic Cycle Research Institute, told CNBC’s “Trading Nation” on Thursday that the risk a pullback of at least 10% is “really low” because the U.S. is in expansion mode. “The cycle is on the side of

IBM’s logo seen displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading. Ford — Shares of the U.S. automaker dipped about 1%, retreating from an all-time high hit in the previous session. The stock jumped 6.2% Thursday following positive comments from

President Joe Biden signs an executive order during an event in the State Dining Room of the White House on Jan. 21, 2021. Alex Wong | Getty Images News | Getty Images President Joe Biden ordered federal labor officials on Friday to clarify when unemployed workers can refuse a job offer and continue to collect

Traders work on the floor of the NYSE. NYSE Stock trading volumes are through the roof.  It’s not just equity prices that are hitting new highs in 2021. Trading volumes for stocks and options are at records as well.  “For trading volumes, the new year starts at a consistent, unprecedented strong & record pace,” according to

Pedestrians walk in front of the IBM building in New York. Scott Mlyn | CNBC Check out the companies making headlines after the bell: IBM — Shares of IBM fell more than 6% in the extended session after the company reported fourth-quarter sales below where analysts were expecting. Revenue fell 6% on an annualized basis, the

John Nacion | NurPhoto | Getty Images Contracts tied to the major U.S. stock indexes held around the flatline Thursday evening as Wall Street appeared headed to close out the record-setting week on a muted note. Dow futures lost 27 points while S&P 500 futures ticked slightly higher. Nasdaq-100 futures fell 5 points, or less