This year has brought all sorts of twists and turns for investors. Remember the “Liberation Day” tariff spectacle the market had to digest in April? The S&P 500 (^GSPC) tanked 4.8% the day after President Trump unveiled sweeping tariffs on April 2. The Dow Jones Industrial Average (^DJI) dropped a staggering 1,679 points. Tariffs are […]
The Santa Claus rally is usually one of Wall Street’s favorite holiday traditions. Stocks tend to grind higher after Thanksgiving, volatility fades, and December often delivers one of the strongest months of the year. This year, strategists say, Santa may not show up. “None [of the months this year] have behaved the way they have […]
US stocks rose during a holiday-shortened trading day on Friday as a volatile month drew to a close and the Nasdaq Composite (^IXIC) snapped a seven-month win streak. The tech-heavy Nasdaq Composite (^IXIC) and blue-chip Dow Jones Industrial Average (^DJI) led the market higher on Black Friday, gaining around 0.6%. The generalist S&P 500 (^GSPC) […]
Gold (GC=F) futures settled near $4,240 per ounce on Friday, closing out their fourth straight month of gains and bringing the yellow metal back within shouting distance of its record high on firming expectations for a December rate cut. Dovish commentary from Federal Reserve officials has raised the odds that policymakers will decide to cut […]
The boldest stock market calls for 2026 are starting to hit Wall Street — and some of them include a run to 8,000 for the S&P 500 (^GSPC) as the AI boom continues reshaping the economy and financial markets. Deutsche Bank set a year-end 2026 price target of 8,000 for the benchmark index in a […]
Plenty of Americans are expected to pour into stores and fill online carts this holiday shopping season. Fewer may be able to pick up seasonal work to support that bonanza. As layoff announcements make waves and the unemployment rate creeps up, the usual holiday hiring spree appears muted this year, with data from multiple sources […]
US stocks moved higher on Wednesday, notching their best four-day streak since May heading into the Thanksgiving holiday as Wall Street optimism grew over the odds of an interest-rate cut next month. The Dow Jones Industrial Average (^DJI) rose 0.7%, over 300 points, while the S&P 500 (^GSPC) also moved up 0.7%. The tech-heavy Nasdaq […]
Akio Toyoda is a man not afraid to shock, with his latest stunt leaving heads shaking. But there could be a method to his madness. At a race held earlier this month in Japan, the chairman of Toyota (TM) held a NASCAR-themed celebration featuring top drivers, American flags, and even an appearance from US Ambassador […]
Billionaire hedge fund manager Bill Ackman aims to raise $5 billion for his US-listed closed-end fund, including $2 billion from well-known institutional investors anchoring the deal, according to people with knowledge of the offering. The initial public offering of the closed-end fund will coincide with the IPO of his hedge fund firm, Pershing Square Capital […]
Gasoline prices are easing as the Thanksgiving travel weekend kicks off. While the national average remains slightly above $3 per gallon, the average price per gallon in more than half of US states now falls below that mark, and a handful of stations are even offering regular unleaded for $1.99. The national price of gasoline […]
(Bloomberg) — President Donald Trump signed an executive order Monday establishing the “Genesis Mission,” a federal effort to boost innovation using artificial intelligence — the latest step by the administration to promote AI technology and its adoption. The effort aims to better coordinate research done by agencies across the government and more effectively integrate AI […]
TORONTO (AP) — Canadian Foreign Minister Anita Anand said Monday that Canada and India will move quickly to advance a trade deal after two years of strained relations, noting Ottawa has a new foreign policy in response to U.S. President Donald Trump’s trade war. Anand’s statement follows a meeting between Canadian Prime Minister Mark Carney […]
