Traders work on the floor of the New York Stock Exchange (NYSE) on March 19, 2025. Angela Weiss | Afp | Getty Images 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 inched up 0.07%. Dow Jones Industrial Average…
American households are allocating so much money to U.S. stocks that the valuation of the whole market is now dependent on their appetite, according to JPMorgan. Individual investors have become the most important holder of U.S. equities, owning around 60% of the universe, the Wall Street firm said. This record level of ownership creates a…
Elon Musk, chief executive officer of Tesla Inc., from left, Howard Lutnick, US commerce secretary, walk on the South Lawn of the White House before boarding Marine One in Washington, DC, US, on Friday, March 14, 2025. Al Drago | Bloomberg | Getty Images Commerce Secretary Howard Lutnick urged the public to “buy Tesla” stock,…
My top 10 things to watch Thursday, March 20 1. Wall Street was heading for a lower open today following yesterday’s Fed-driven rally. Federal Reserve Chairman Jerome Powell said he doesn’t expect tariffs to have a lasting impact on inflation. 2. Powell and his central bank colleagues held interest rates steady Wednesday but said they…
U.S. President Donald Trump reacts as he meets NATO Secretary General Mark Rutte (not pictured), in the Oval Office at the White House in Washington, D.C., U.S., March 13, 2025. Evelyn Hockstein | Reuters After largely staying out of the Federal Reserve’s business during his first two months in office, President Donald Trump is pushing…
Shipping giant Hapag-Lloyd posts 2024 profit decline, flags ‘fragile’ environment The Toronto Express container ship, operated by Hapag-Lloyd AG at the Port of Hamburg in Hamburg, Germany, on Wednesday, Dec. 20, 2023. Maria Feck | Bloomberg | Getty Images German shipping giant Hapag-Lloyd on Thursday reported a 19% slide in annual group profit to $2.59…
WASHINGTON – The Federal Reserve in a closely watched decision Wednesday held the line on benchmark interest rates though still indicated that reductions are likely later in the year. Faced with pressing concerns over the impact tariffs will have on a slowing economy, the rate-setting Federal Open Market Committee kept its key borrowing rate targeted…
Zoom In IconArrows pointing outwards A new online map is highlighting locations across the United States of Tesla dealerships and Superchargers, along with purported addresses and phone numbers connected to members of the Trump administration’s DOGE team, led by Tesla CEO Elon Musk. The DOGEQUEST map spread online this week, as police continued to investigate…
Spencer Platt | Getty Images Individual investors, whose assets are more tied to the stock market than ever, have abandoned their tried-and-true dip-buying mentality as the S&P 500 recently fell into a painful, 10% correction. Retail outflows from U.S. equities rose to about $4 billion over the past two weeks as tariff chaos and mounting…
The World Liberty Financial website arranged on a smartphone in New York, US, on Wednesday, Feb. 12, 2025. Gabby Jones | Bloomberg | Getty Images President Donald Trump’s World Liberty Financial crypto project said on Monday that it raised $250 million in its second token sale, bringing the total amount of coins sold to $550…