Trillions of dollars in value has been wiped off markets since US President Donald Trump announced his latest round of tariffs on what he called “Liberation Day” last week. And it’s not just the US where the economic shock has been felt. Markets around the world, including in Australia, have witnessed sharp declines. Using Google…
Apple (AAPL) shares fell over 7% before the bell, still leading the sell-off in tech stocks that followed Trump’s bigger-than-expected tariffs. Apple’s overseas production hubs are particularly vulnerable, given the iPhone maker’s presence in China, Vietnam, and India. These countries will face tariffs of 34%, 46%, and 26%, respectively, once additional levies are taken into…
STORY: U.S. stocks snapped a two-session streak of gains, with the Dow dropping six-tenths of a percent, the S&P 500 shedding over one percent and the Nasdaq plunging 1.7%. Investors exercised caution ahead of a monetary policy decision from the Federal Reserve on Wednesday, while continuing to gauge the potential impact of President Donald Trump’s…
Could President Trump’s tariffs spur a recession? An economist warns consumers about a potential economic downturn with President Donald Trump’s trade war pressing on. U.S. stocks are expectd to open modestly lower, consolidating gains made in the last two sessions as Federal Reserve officials kick off their policy meeting on Tuesday. Almost no one expects…
US stock futures fell on Monday, signaling March’s market struggles are set to continue in a week highlighted by the Federal Reserve policy meeting. S&P 500 futures (ES=F) dropped 0.6%, while Dow Jones Industrial Average futures (YM=F) fell around 0.6%. Contracts on the tech-heavy Nasdaq 100 (NQ=F) slid 0.7%. Markets are coming off a week…
Government shutdown averted: Senate advances funding bill Democrats helped the Senate advance the GOP spending bill with a vote of 62-38. U.S. stocks ended the day higher, with the blue-chip Dow clawing back 675 points, on optimism the government will stay open. Senate Minority Leader Chuck Schumer, D-N.Y., said he wouldn’t block a Republican government funding bill,…
Tesla’s stock plunges by half; is Elon Musk’s EV party over? Tesla’s stock has dropped by nearly half in three months, losing most of the gains it made following the U.S. election last year, when CEO Elon Musk helped fund the victory of President Donald Trump. U.S. stocks mostly fell in early trading Tuesday, extending…
US stock futures ticked upward Sunday night after a week that saw the major indexes slump, with the Dow logging its worst weekly performance since October, sparking fears of a pullback in response to record-high levels. Nasdaq (NQ=F) futures bounced back about 0.4%. S&P 500 (ES=F) futures made a similar upward move of 0.4%, and…
sp500 Skerdian Meta•Saturday, February 22, 2025•2 min read Add an article to your Reading List Register now to be able to add articles to your reading list. ” aria-hidden=”true”> Share in Facebook “> Main US stock indices such as S&P 500 and Dow Jones ended the week lower, with Applovin and the Palantir stock losing…
Stock markets have rocketed higher since the election of U.S. president Donald Trump, despite fears emerging that Trump is feeding an asset price bubble. Unlock over $3,000 in NFT, web3 and crypto perks — Apply now! The S&P 500, the Dow Jones Industrial Average and the tech-heavy Nasdaq have all notched record highs since November,…