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 […]
The stock market is taking a beating—again. The Nasdaq just hit its lowest level since 2020, the S&P 500 is deep in the red, and investors are scrambling. Recession fears, inflation worries, and policy uncertainty have Wall Street on edge. But Warren Buffett? He’s been here before. And if history is any guide, he’d tell you that […]
As gold races to new records, Wall Street analysts have rushed to raise their price targets, with the latest call from Macquarie Group predicting the precious metal will touch $3,500 in the third quarter. On Thursday, gold futures (GC=F) climbed above $2,990 per ounce as a trade war intensified and the release of modest inflation […]
US markets seesawed Tuesday amid another tariff roller coaster ride. All three major indexes dropped after President Donald Trump doubled down early Tuesday on his threat to levy a new round of hefty tariffs on Canada. Yet by the afternoon, markets had pared some losses as officials from both the US and Canada said they […]
The chances that the U.S. will experience a recession in 2025 have increased because of the tariffs it has implemented, Alec Kersman, managing director and head of Asia-Pacific at Pimco, said at CNBC’s CONVERGE LIVE event in Singapore on Wednesday. There is a “maybe 35% probability” that the U.S. will enter a recession this year, Kersman told […]
Delta Air Lines slashed its first-quarter revenue and profit outlooks, citing weaker domestic demand, backing up growing concerns about lackluster sales in some corners of the travel industry. Delta expects revenue in the quarter ending March 31 to rise no more than 5% from last year, down from a forecast in January of 6% to […]
US stocks plunged on Monday as investors processed growing concerns about the health of the US economy after President Trump and his top economic officials acknowledged the possibility of a potential rough patch. The Dow Jones Industrial Average (^DJI) fell nearly 900 points, or over 2%, while the benchmark S&P 500 (^GSPC) dropped around 2.7% […]
Growing money supply usually bodes well for these companies to outperform. If you’ve invested in the stock market over the last couple of years, you may have benefited from an incredible bull run in the S&P 500 (^GSPC 0.55%). The index climbed over 66% from the market bottom in October 2022 through the end of February this year. […]
Volatility has returned to the stock market. In particular, the tech-heavy Nasdaq Composite has suffered a rough start to the year. As of this writing, the index has dropped about 3.8% year to date and about 7.5% off its all-time high. That means the index is approaching a technical correction — a drawdown of 10% […]
