Ms. Wood’s ETFs are at the center of the selloff that has pushed the S&P 500 down 7% and the Nasdaq Composite off 12% just four weeks into 2022. Worst hit have been the shares of technology and biotech firms that generate little to no profit, yet carry high valuations—the kind of companies Ms. Wood’s ARK favors.

Some of the holdings of the ARK Innovation ETF are down more than 50% from their recent highs, including Spotify Technology SA, Block Inc., Zoom Video Communications Inc. and Roku Inc.

Ms. Wood insists the fund’s holdings are due to rebound. “After correcting for nearly 11 months, innovation stocks seem to have entered deep value territory, their valuations a fraction of peak levels,” she wrote in a blog post last month.

Ms. Wood’s ETFs are at the center of the selloff that has pushed the S&P 500 down 7% and the Nasdaq Composite off 12% just four weeks into 2022. Worst hit have been the shares of technology and biotech firms that generate little to no profit, yet carry high valuations—the kind of companies Ms. Wood’s ARK favors.

Some of the holdings of the ARK Innovation ETF are down more than 50% from their recent highs, including Spotify Technology SA, Block Inc., Zoom Video Communications Inc. and Roku Inc.

Ms. Wood insists the fund’s holdings are due to rebound. “After correcting for nearly 11 months, innovation stocks seem to have entered deep value territory, their valuations a fraction of peak levels,” she wrote in a blog post last month.

Cedar Ridge Distilling founder Jeff Quint is a former accountant and a blues fan from rural Swisher, Iowa, so he was initially dismissive when approached about teaming up with a metal band whose fans are known as “Maggots” and whose albums include “All Hope Is Gone.”

“I don’t think we want to do this, right?” he wrote to a colleague about the proposed partnership with the band known as Slipknot, which Rolling Stone once named “the heaviest band on the planet.”

Mr. Quint’s staff helped educate him on two key factors: Metal fans are intensely loyal. And they increasingly like good whiskey.

Cedar Ridge Distilling founder Jeff Quint is a former accountant and a blues fan from rural Swisher, Iowa, so he was initially dismissive when approached about teaming up with a metal band whose fans are known as “Maggots” and whose albums include “All Hope Is Gone.”

“I don’t think we want to do this, right?” he wrote to a colleague about the proposed partnership with the band known as Slipknot, which Rolling Stone once named “the heaviest band on the planet.”

Mr. Quint’s staff helped educate him on two key factors: Metal fans are intensely loyal. And they increasingly like good whiskey.

Wall Street’s summer forecast calls for $100 oil.

A barrel hasn’t cost that much since the summer of 2014, before OPEC launched a price war with U.S. shale producers and sent oil prices into a yearslong slump. Early in the pandemic, prices fell to uncharted depths. But the bust ended last year, when crude prices gained more than 50% and oil stocks led the broader market higher. 

The benchmark U.S. barrel has added another 16% to start this year, ending Wednesday at $87.35. Brent crude, a key price in international trade, closed at $89.96 a barrel, also up 16% in 2022. Energy shares in the S&P 500 have risen 18% this year, the only sector in the stock index up through Wednesday’s close. 

Wall Street’s summer forecast calls for $100 oil.

A barrel hasn’t cost that much since the summer of 2014, before OPEC launched a price war with U.S. shale producers and sent oil prices into a yearslong slump. Early in the pandemic, prices fell to uncharted depths. But the bust ended last year, when crude prices gained more than 50% and oil stocks led the broader market higher. 

The benchmark U.S. barrel has added another 16% to start this year, ending Wednesday at $87.35. Brent crude, a key price in international trade, closed at $89.96 a barrel, also up 16% in 2022. Energy shares in the S&P 500 have risen 18% this year, the only sector in the stock index up through Wednesday’s close. 

The Federal Reserve on Wednesday provided the clearest hint yet that it could start raising interest rates as soon as March.

“With inflation well above 2 percent and a strong labor market, the Committee expects it will soon be appropriate to raise the target range for the federal funds rate,” the central bank said in a statement that concluded its two-day meeting this week.

Fed Chairman Jerome Powell said asset purchases also are likely to halt in March, and the central bank released a paper outlining principles to start “significantly reducing” the bond holdings on its balance sheet without indicating a specific time frame.

The Federal Reserve on Wednesday provided the clearest hint yet that it could start raising interest rates as soon as March.

“With inflation well above 2 percent and a strong labor market, the Committee expects it will soon be appropriate to raise the target range for the federal funds rate,” the central bank said in a statement that concluded its two-day meeting this week.

Fed Chairman Jerome Powell said asset purchases also are likely to halt in March, and the central bank released a paper outlining principles to start “significantly reducing” the bond holdings on its balance sheet without indicating a specific time frame.

Lots of drivers cruise around with dogs, which often gleefully stick their snouts out the window. Now, many cat owners are attempting extended road trips with fluffy for the first time, given airline hassles, wariness about flying during a Covid-19 surge, needy quarantine kitties or the rise in relocations during the pandemic.

Some adventurous felines have taken to traveling, but cats tend to lack the canine affinity for the open road. Cats scream, are generally skeptical about moving at unnatural speeds, and don’t like to be told where they can’t go, such as under seats. They also, it turns out, are particular about the radio.

Lots of drivers cruise around with dogs, which often gleefully stick their snouts out the window. Now, many cat owners are attempting extended road trips with fluffy for the first time, given airline hassles, wariness about flying during a Covid-19 surge, needy quarantine kitties or the rise in relocations during the pandemic.

Some adventurous felines have taken to traveling, but cats tend to lack the canine affinity for the open road. Cats scream, are generally skeptical about moving at unnatural speeds, and don’t like to be told where they can’t go, such as under seats. They also, it turns out, are particular about the radio.