Yahoo Finance’s Ines Ferre joins the Live show to break down how stocks are moving in early trading.
Berkshire Hathaway has returned to trouncing the market in 2022. Roughly halfway through the year, CEO Warren Buffett's company is down roughly 9%, while the S&P 500 index has slid roughly 21% across the stretch. Read on for a look at two companies in the Berkshire Hathaway portfolio that are posting eye-catching performance despite the tough market conditions in 2022.
The S&P 500 -- an index of the 500 largest companies in the U.S. that's widely viewed as a measure of the overall performance of the stock market -- plunged 20% from the end of 2021 to the end of June. It's the worst downturn since the S&P 500 fell 21% in the first six months of 1970. Interestingly, the S&P 500 recovered its losses and surged 26.5% in the second half of 1970.