Berkshire Hathaway CEO Warren Buffett lambasted Wall Street for encouraging speculative behavior in the stock market, effectively turning it into a “gambling parlor.”
Stocks imploded in April, what’s ahead for May?
Equity investors long the market got roughed up in April amid steep swings and losses not seen in decades.
Stock futures are flat after the Nasdaq posts worst month since 2008
U.S. stock index futures were little changed on Monday morning after the Nasdaq Composite Index posted its worst month since 2008, pressured by rising rates, rampant inflation and underwhelming earnings from some of the largest technology companies.