A few weeks ago, as Kiki Rough felt increasingly concerned about the state of the economy, she began thinking about previous periods of financial hardship. Rough thought about the skills she learned about making groceries stretch during the tough times that accompanied past economic downturns. Facing similar feelings of uncertainty about the country’s financial future, […]
NEW YORK, April 25 (Reuters) – Most stock indexes climbed on Friday, with Wall Street buoyed by technology-related shares, while the dollar had its first weekly rise in over a month as investors searched for signs that the U.S.-China trade war may be easing. Shares of Google parent Alphabet (GOOGL.O), opens new tab rose 1.7% […]
Wall Street has been whipsawed for more than a week by President Trump’s every word about tariffs. Now he’s facing accusations of using his power to deliberately manipulate the markets. The scrutiny started with a tale of two social media posts. On Wednesday, shortly after the U.S. stock market opened, Trump posted on his Truth […]
Delegations from Japan and South Korea are en route. Italy’s prime minister will be in Washington next week. And Israel’s “proactive approach” to seeking out new US trade agreements could serve as a model for everyone, according to the White House. A day before President Donald Trump’s new worldwide tariffs are set to take hold, […]
US stocks soared Wednesday, but the S&P 500 is still trying to climb out of a slump instigated by President Donald Trump’s trade war. After hitting a record high in February, the S&P 500 dropped into correction in March as Trump unveiled his plan for tariffs. The benchmark index as of Wednesday was still down […]
US stock futures climbed on Friday, on track for their longest winning streak in more than two months, as trade tensions eased and Federal Reserve officials signaled they may cut rates sooner than expected. The Dow Jones Industrial Average (^DJI) jumped 1.2%, or nearly 500 points. The benchmark S&P 500 (^GSPC) gained 2%, while the […]
U.S. stocks closed higher on Wednesday, one day after President Donald Trump said tariffs on China would “come down substantially.” Trump also appeared to soften previous attacks on the Federal Reserve, saying late Tuesday he has “no intention” of firing top central banker Jerome Powell. In public remarks on Wednesday, Treasury Secretary Scott Bessent said […]
U.S. stocks ended the day higher Wednesday — but saw earlier gains evaporate as investors measured White House officials’ softening tariff and trade stance against hard-line postures from other countries. The S&P 500 finished up 1.7% after having earlier climbed as high as 3.2%. The tech-focused Nasdaq closed up 2.5% after surging 4.1%. The Dow […]
Stocks are on the rebound Tuesday, bouncing back from another miserable day on Wall Street. But American financial markets are sounding all sorts of alarm bells that one day in the green can hardly overcome. That’s because investors have been sending a clear message: President Donald Trump’s trade war is making America an unsafe place to invest. We know this […]
US stocks soared on Tuesday following a bruising day on Wall Street, as investors built hope for deescalation on several fronts of President Trump’s trade battles. The Dow Jones Industrial Average (^DJI) added over 1,000 points, while the benchmark S&P 500 (^GSPC) and tech-heavy Nasdaq (^IXIC) each rose around 2.5% and 2.7%, respectively. Stocks largely […]
Stocks fell again on Monday as President Donald Trump ramped up his attacks on Federal Reserve Chair Jerome Powell, raising questions about the central bank’s independence, while traders received few signs of progress on global trade talks. The Dow Jones Industrial Average dropped 971.82 points, or 2.48% to close at 38,170.41. The S&P 500 shed 2.36% and ended at […]
US stocks ended the day sharply lower Monday and the dollar tumbled as investors assessed continued tariff uncertainty and the implications of President Donald Trump’s ongoing mission to try and oust Federal Reserve Chair Jerome Powell. The Dow fell 972 points, or 2.48%. The broader S&P 500 fell 2.36%. The tech-heavy Nasdaq Composite slid 2.55%. […]
