US stocks pulled back on Tuesday, led by a nearly 2% decline in the Nasdaq, following two days of gains as investors concerned about an economic slowdown looked to the Federal Reserve’s policy meeting for insights. The tech-heavy Nasdaq Composite (^IXIC) plummeted about 1.7% as Nvidia (NVDA) shares fell roughly 3% as its annual GTC event failed to impress […]
Lower Open Predicted For China Stock Market
The China stock market has finished lower in two of three trading days since the end of the two-day winning streak in which it had advanced more than 20 points or 0.6 percent. The Shanghai Composite Index now rests just above the 3,350-point plateau and it’s expected to see continued consolidation on Friday. The global […]
Wall Street retreats from its record as Walmart slides
Wall Street is retreating from its record as a slide for Walmart weighs on U.S. stock indexes Thursday. The S&P 500 was down 0.6% in morning trading after setting all-time highs in each of the last two days. The Dow Jones Industrial Average was down 439 points, or 1%, as of 10:30 a.m. Eastern time, and the Nasdaq composite was […]
Dow Jones Futures Rise With U.S. Stock Market Shut
Dow Jones futures rose slightly Monday afternoon, along with S&P 500 futures and Nasdaq futures. The U.S. stock market is closed for Presidents Day. The stock market rally had a positive, volatile week, with the S&P 500 just below all-time highs. The Nasdaq and Dow Jones aren’t far behind. Several growth ETFs are hitting 52-week […]
Bonds Rally as Weak Retail Sales Bolster Fed Bets: Markets Wrap
The bond market ended the week with solid gains as a soft reading on retail sales revived bets on Federal Reserve rate cuts. A rally in Treasuries pushed the 10-year yield below 4.5%, with the bond notching its fifth straight week of gains — the longest run since 2021. Money markets are back to fully pricing in a first Fed reduction by September. The S&P 500 hovered near its […]
Wall Street today
US stock indices were muted on Friday after mixed economic data and as investors awaited more clarity on President Donald Trump’s reciprocal tariff plans. On Thursday, Trump said his economics team will devise plans for reciprocal tariffs on every country taxing US imports, though the directive stopped short of imposing fresh tariffs. At 9:40 am […]
Inflation hit 7-month high of 3% in January
Inflation picked up for a fourth straight month in January amid another rise in in food and energy costs, possibly setting the stage for a year of halting progress in the battle to slow consumer price increases as President Donald Trump rolls out myriad import tariffs. An underlying inflation measure also accelerated. Some economists said […]
Biggest Market Loss In History: Nvidia Stock Sheds Nearly $600 Billion As DeepSeek Shakes AI Darling
Shares of Nvidia plunged 17% by close, suffering its worst daily percentage loss since March 2020, when stocks briefly crashed at the start of the COVID-19 pandemic. Nvidia lost $589 billion in market capitalization Monday, which is by far the single greatest one-day value wipeout of any company in history, more than doubling the $279 billion […]
S&P 500 hangs near its record as markets worldwide drift
NEW YORK (AP) — U.S. stocks are drifting near a record on Thursday amid a relatively quiet day on Wall Street. The S&P 500 was virtually unchanged in morning trading after pulling to the edge of its all-time high Wednesday following its sixth gain in seven days. The Dow Jones Industrial Average was up 87 points, or […]
Dollar Seems At Largest Single Day Spike After Trump
The US dollar saw the largest single-day spike since 2020 following the poll results, noted an AngelOne Wealth report.A strong US dollar has historically been a negative for emerging markets, the report added The impact of a strong DXY is a huge macro headwindHere’s a quick look at what the poll results mean for equity, […]