The stock market remains at the mercy of tariffs. Shifting narratives around policy from the Trump administration weighed on stocks as the water muddied following the 90-day pause on reciprocal tariffs announced on April 9. Last week, the S&P 500 (^GSPC) fell about 1.5%, while the Nasdaq Composite (^IXIC) and Dow Jones Industrial Average (^DJI)…
Stocks are ending the first quarter of 2025 near their lows of the year. President Trump’s tariffs have been a major driver of the recent market sell-off, with the S&P 500 falling 5.75% in March alone. But now, with Trump’s “Liberation Day” on April 2 fast approaching and investors expecting to hear more details about…
The stock market has sunk near a six-month low as concerns over slowing economic growth and fear of how tariffs could impact the outlook have shaken investor confidence. Last week, the S&P 500 (^GSPC) fell nearly 2.3% while the Dow Jones dropped 3%, or more than 1,300 points. The tech-heavy Nasdaq Composite (^IXIC) fell about…
By Dhara Ranasinghe, Alun John and Samuel Indyk LONDON (Reuters) – Global growth concerns have shot back onto the radar of financial markets as weakening U.S. economic data and growing trade tensions hurt consumer confidence and business activity. Although recession is not the base-case scenario for economists, given underlying U.S. resilience, recent data has unnerved…
Stocks limped into the weekend as a string of economic data sparked concerns about slower-than-expected economic growth and sticky inflation. After closing at an all-time high on Wednesday, the S&P 500 (^GSPC) finished down about 1.7% on the week as a disappointing outlook from Walmart (WMT) and concerns about inflation took center stage. Meanwhile, the…
Stocks Are Trading Sideways in a Pivotal Week Stocks are marking daily gains, but it’s nothing to write home about as investors await an update on tariffs while readying for a packed week of economic data. The S&P 500 was up 0.8% while the tech-heavy Nasdaq was up 1.2%. Short-term traders are probably not happy…
(Reuters) – Oil prices hovered near a two-week low on Tuesday after weak economic data from China and warming weather forecasts elsewhere soured the demand outlook. Brent crude oil futures rose by 12 cents, or 0.2%, to $77.20 per barrel by 0220 GMT. U.S. West Texas Intermediate crude futures were up 10 cents, or 0.1%,…
STORY: U.S. stocks closed lower on Friday as investors digested a mixed bag of economic data and earnings reports as well as the first week of President Donald Trump’s second term. The Dow and S&P 500 both shed roughly three-tenths of a percent and the Nasdaq lost half a percent. Existing home sales for December…
The euro has come under pressure as a budget standoff in France — the eurozone’s second-biggest economy — threatens to bring down the government (Bertrand GUAY) Equities rose across Asia on Monday following another record day on Wall Street, with traders also cheered by data suggesting China’s economic malaise is showing signs of easing. The…
Stocks will enter the final month of 2024 near record highs as investors look to cap off what’s been another stellar year for US stocks. During last week’s holiday-shortened trading, the Dow Jones Industrial Average (^DJI) rose more than 2%. Meanwhile, the Nasdaq Composite (^IXIC) and the S&P 500 (^GSPC) rose more than 1%. Both…