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☆ Wall St Week Ahead Investors wonder when vicious sell-off in U.S. stocks will end
▼ + stars: | 2022-09-23 | by ( David Randall | ) www.reuters.com time to read: +5 min

The S&P 500 is down more than 22% this year. If the S&P 500 closes below the mid-June low in the days ahead, that may prompt another wave of aggressive selling, Stovall said. Goldman Sachs, meanwhile, cut its year-end target for the S&P 500 by 16% to 3,600 points from 4,300 points. "The increased probability of breaking the June S&P 500 price low may be what it takes to invoke even deeper fear. A recession would likely push the S&P 500 to trade between 3,000 and 3,500 in 2023, Jolly said.

☆ 'Fear gauge' futures close to signaling U.S. stock selling crescendo
▼ + stars: | 2022-09-21 | by ( Saqib Iqbal Ahmed | ) www.reuters.com time to read: +2 min

Traders work on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., September 13, 2022. REUTERS/Andrew KellyNEW YORK, Sept 21 (Reuters) - Futures tied to Wall Street’s fear gauge are close to sending a signal of growing fear that has sometimes preceded past stock market rebounds. ,VIX futures, which plot volatility expectations for several months ahead, normally remain upward sloping, with near-term futures relatively less pricey than those that target coming months. The two nearest VIX futures last inverted in June, amid a bout of intense selling that drove the S&P 500 to its bear market low. For instance the two front month VIX futures remained inverted for a month - from mid-February through mid-March - before the stock market selloff in the first quarter took a breather.

☆ UBS seeing positive client flows this quarter - Khan
▼ + stars: | 2022-09-20 | by ( ) www.reuters.com time to read: +1 min

Register now for FREE unlimited access to Reuters.com RegisterThe logo of Swiss bank UBS is seen at a branch office in Zurich, Switzerland, January 27, 2017. REUTERS/Arnd Wiegmann/File PhotoZURICH, Sept 20 (Reuters) - UBS Group (UBSG.S) is seeing positive flows of client funds this quarter, the co-head of the Swiss bank's wealth management business said on Tuesday. The first quarter had been pretty strong and it viewed the slowdown in the second quarter as an "anomaly", Iqbal Khan told the BofA Global Research financials conference. "As of this quarter we are seeing positive flows," he said without being specific. read moreRegister now for FREE unlimited access to Reuters.com RegisterReporting by Michael Shields, editing by Rachel More and Louise HeavensOur Standards: The Thomson Reuters Trust Principles.

☆ UBS says it sees positive client flows this quarter
▼ + stars: | 2022-09-20 | by ( ) www.reuters.com time to read: +1 min

☆ Donald Trump would 'probably not' pass this Florida civic literacy exam, academics say
▼ + stars: | 2022-08-07 | by ( Kayla Gallagher | ) www.businessinsider.com time to read: +13 min

Florida high schoolers attending a public college are required to meet civic literacy requirements. Academics in the Sunshine State are unsure if Donald Trump could pass the exam. Insider asked four college professors whether they think Trump could pass the test. Rick Bowmer/AP'Real history and civic responsibility'Since 2019, many future college students in Florida are required to take the Florida Civic Literacy Examination — a test modeled after the US Citizenship and Immigration Services Naturalization Test to encourage civic literacy in the Sunshine State. To pass the Florida Civic Literacy Examination specifically, students must answer 48 out of 80 questions correctly — 60% or higher.

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