Today: 16 July 2026

Khadija Saeed

Khadija Saeed is a financial markets reporter at TS2.tech, specializing in stocks, technology and emerging industries. She studied economics and finance at the London School of Economics and previously worked in market research before moving into financial journalism. Her coverage focuses on the companies, innovations and economic trends influencing global investors. Follow Khadija Saeed on Google News.

US Stock Market This Week: Dow Enters Correction as S&P 500, Nasdaq Sink on Oil Shock

US Stock Market This Week: Dow Enters Correction as S&P 500, Nasdaq Sink on Oil Shock

U.S. stocks capped a tough week with another wave of selling on Friday, sinking the Dow Jones Industrial Average into correction territory—a 10% slide from its recent high—and marking five straight weekly declines for the major indexes. The Dow shed 793.47 points, down 1.73%, to finish at 45,166.64. The S&P 500 lost 1.67% to close at 6,368.85, while the Nasdaq Composite fell 2.15% to 20,948.36, putting all three at their lowest levels since more than seven months ago. Tech giants and consumer stocks bore the brunt: Nvidia closed down 2.2%, Amazon slid 4%, and Carnival slumped 4.3% after cutting its annual adjusted profit outlook.
28 March 2026
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Amazon Stock (AMZN) Drops Toward $200 as Nasdaq Correction Revives AI Spending Fears

Amazon Stock (AMZN) Drops Toward $200 as Nasdaq Correction Revives AI Spending Fears

Amazon.com Inc. shares slid 3.9% to $199.34 by late Friday, ranking among the S&P 500’s biggest drags as traders pulled back from megacap tech and consumer-discretionary names—those tied to non-essential spending—in a move away from risk. Amazon dropped 4% during the session, according to Reuters, contributing to consumer discretionary finishing as the day’s weakest major sector.
27 March 2026
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Stock Market Today

  • Brookfield Asset Management (TSX:BAM) Trades Above Intrinsic Value While Earnings Stay in Line
    July 16, 2026, 3:46 AM EDT. Brookfield Asset Management (TSX:BAM) stock sits roughly 29% over intrinsic value using an Excess Returns approach, though shares have climbed 72.4% in the past three years. The firm's push into AI-related infrastructure like clean energy for data centers is meant to boost long-term cash flow, but also raises new execution risks. At the same time, the P/E ratio matches the broader market, so BAM doesn't stand out as cheap or expensive by that measure. Shares slid 12.1% recently, lagging sector peers as questions linger about whether the price captures growth plans. Book value is CA$4.74 per share and EPS is steady at CA$2.34, with return on equity high at 41.51%. Mixed signals from intrinsic models and traditional earnings metrics show ongoing uncertainty for investors watching execution and capital use.
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