Topline The S&P 500 just notched its first record in more than four months, officially overcoming the brutal spring selloff in the midst of President Donald Trump’s starkest tariff threats. After crashing nearly 20% amid the tariff chaos, the S&P has set a new record for the first time … More since February. Getty Images…
New York CNN — On April 8, when stocks were on the verge of plunging into a bear market, few Wall Street experts were predicting that the market would hit a record high just 80 days later. That’s what the market appears to be set to do Friday. The S&P 500 is on pace to…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nike’s shares surged 10 per cent in pre-market trading on growing investor confidence that the sportswear maker’s turnaround plan is finally starting to pay off. In a call with analysts after the stock market closed…
By Lewis Krauskopf NEW YORK (Reuters) -Investors who have been captivated by recent geopolitical events are poised to shift their attention in the coming week to key economic data and looming policy deadlines to see if the torrid rally in U.S. stocks extends higher. The tech-heavy Nasdaq 100 tallied a record high this week while…
Thursday, June 26, 2025 We started this trading week with some questions about the ability of the stock market to overcome some perceived major hurdles, a burgeoning war in the Middle East among them. Also, we’ve gotten a large dollop of economic news thus far for the week, including this morning’s Weekly Jobless Claims and…
Despite the macroeconomic factors swirling over Wall Street, a relative calm has descended across markets. At the time of writing, the S&P 500 is up 0.8% over the past day, the Nasdaq was up 1% and the FTSE 100 up 0.5% in early trading this morning. S&P futures were up 0.23% this morning, premarket. It’s…
The Dow Jones rose on Thursday, buoyed by a general improvement in equities. Investors shrugged off a downside GDP print, focusing on medium-term factors looming ahead. US PCE inflation figures due on Friday will be the last data hurdle this week. The Dow Jones Industrial Average (DJIA) rose to its highest figure in 16 weeks…
US stock futures are at record highs as the country’s largest markets are nearing their peaks, which could help propel Bitcoin to reach another all-time high, according to analysts. S&P 500 futures entered new all-time high territory on Thursday with the index tapping 6,145 points, surpassing February’s peak. The tech-heavy Nasdaq Composite futures also hit…
Tehran, Iran – The highways leading into Tehran are busy again, filled with cars carrying families, suitcases, and the cautious hope that home might finally be safe. After 12 days of war that killed more than 600 Iranians and displaced hundreds of thousands from the capital, a ceasefire announced on Monday has begun drawing residents…
U.S. Treasury Secretary Bessent seeks end to ‘revenge tax’ on foreign investors US Treasury Secretary Scott Bessent speaks to reporters after meeting with Senate Republicans at the US Capitol in Washington, DC, on June 24, 2025. Saul Loeb | AFP | Getty Images In case you missed it, U.S. Treasury Secretary Scott Bessent on Thursday…