A three-week market sell-off intensified on Monday, with investors worried that tariff policy uncertainty would tip the economy into a recession, something President Donald Trump did not rule out over the weekend in an interview. The S&P 500 shed 2.7%, touching its lowest level since September at one point and closing at 5,614.56. The tech-heavy Nasdaq Composite saw the […]
US stocks climbed into positive territory on Friday as investors weighed mixed messages from the Federal Reserve while President Donald Trump indicated he’d retain ‘flexibility’ when it comes to a reciprocal tariff plan set for April 2. The Dow Jones Industrial Average (^DJI) edged above the flat line while the S&P 500 (^GSPC) rose 0.1%. […]
U.S. stock futures traded near the flatline Thursday night after an attempt at extending Wednesday’s Federal Reserve-fueled rally failed. Futures tied to the S&P 500 were little changed. Dow Jones Industrial Average futures lost 19 points, or 0.04%. Nasdaq 100 futures slipped 0.02%. The action follows a losing session for the major averages. On Thursday, the S&P 500 slipped 0.2%, while the Nasdaq Composite dropped 0.3%. […]
US stocks slipped on Thursday, failing to build on a Wednesday rally fueled by reassuring signals from Federal Reserve Chair Jerome Powell after the central bank held interest rates steady. The Nasdaq Composite (^IXIC) fell about 0.3%, while the S&P 500 (^GSPC) declined by 0.2% and the Dow Jones Industrial Average (^DJI) ended the session […]
Is the market for initial public offerings (IPOs) finally coming out of its slumber? Spurred on by the growth of artificial intelligence (AI), it just might be. Since the 2021 popping of the bubble for hypergrowth and special purpose acquisition companies (SPAC), very few new technology stocks have gone public. In 2021, over 1,000 companies […]
Asia shares were hobbled by weakness in Chinese markets on Thursday and struggled to build on Wall Street’s rally, even as investor sentiment was lifted by the prospect that the Federal Reserve could still deliver two rate cuts this year. The Fed on Wednesday left rates unchanged in a widely expected decision, but maintained its […]
Stocks pulled back Tuesday as a sell-off that has engulfed Wall Street in recent weeks resumed after two straight winning sessions. The Dow Jones Industrial Average lost 260.32 points, or 0.62%, closing at 41,581.31. The S&P 500 shed 1.07%, ending at 5,614.66. The broad market index concluded the day 8.6% off its closing high reached in February, bringing it […]
Global stocks diverged while gold hit a record high on Tuesday as investors juggled geopolitical concerns with renewed violence in Gaza and a high-stakes US-Russian presidential phone call. Wall Street resumed a downward slide after two up days, but European stocks rose as German lawmakers approved a massive spending boost for defense and infrastructure. Gold […]
During Donald Trump’s first term as US president, he regularly referred to rising stock markets as evidence of the success of his economic policies. “Highest Stock Market EVER”, Trump wrote on social media in 2017 after record gains. “That doesn’t just happen!” And after securing a second term in November 2024, some of Trump’s close […]
US stocks climbed on Monday, with focus on more mixed economic data ahead of this week’s Federal Reserve policy meeting. The S&P 500 (^GSPC) gained about 0.6% to rebound for a second day in row, while the Dow Jones Industrial Average (^DJI) gained more than 350 points, or more than 0.8%. The tech-heavy Nasdaq Composite […]
Bitcoin (BTC 1.01%) and XRP (XRP 0.93%) might be a bit safer than some crypto assets, but it isn’t as though they’re rock solid when things are falling apart. As the Nasdaq Composite and S&P 500 enter correction territory, investors are starting to worry more about a potential market crash. And some are pondering which […]
Economists are reportedly concerned that recent stock market turbulence could drive down consumer spending. That’s because, per a report Sunday (March 16) by The Wall Street Journal (WSJ), the top 10% of American earners have in the last four years boosted spending by 58%. And it’s not just the ultra-wealthy investing in the stock market, […]
