Image source: Getty Images The US stock market continues to defy gravity and logic. Despite growing geopolitical risks, rising gold prices, and unpredictable fiscal rhetoric from the Trump administration, US markets remain defiant. Following a quick recovery after the tariff-induced slump of early April, both the S&P 500 and Nasdaq 100 are now within spitting…
Check out the companies making headlines in after-hours trading: Nike — The athletic retailer fell 2%. While Nike beat expectations on the top and bottom lines in the fiscal fourth quarter, the company said sales dropped 12% from the same period a year prior. CorMedix — The biopharmaceutical stock tumbled 10% after announcing a common…
Stocks were mixed Thursday and oil rose as traders kept a nervous eye on the Iran-Israel ceasefire, while the dollar dropped after Donald Trump said he had a handful of candidates to succeed Federal Reserve boss Jerome Powell, fuelling rate cut bets. Uncertainty over the US president’s trade war was also keeping sentiment subdued, with…
Warren Buffett is one of the most esteemed investors on Wall Street. Under his control, Berkshire Hathaway (BRK.A -0.20%) (BRK.B -0.06%) has evolved from a small textile operation into a trillion-dollar company with subsidiaries across a diverse range of industries. But a significant portion of its market value also comes from its $284 billion stock…
Geopolitical conflicts and market swings can rattle even seasoned investors, so where does that leave retail participants? Puneet Sharma, CEO of Whitespace Alpha, shares insights on what moves the markets, why trying to time them is a trap, and how everyday investors can build a resilient portfolio in 2025. From FMCG tailwinds to ETF-based diversification,…
S&P 500 did correct a little in price intraday, but it‘s the sectoral perspective that counts to me most in saying whether that‘s been enough for now, or not – I disccuss that at sufficient length in today‘s video. TSLA corrected to client-given low $320s, NVDA is breaking out, that tech outperformance and leadership lasts…
The S&P 500 Index is on track to close at an all-time high on Thursday as tariff and geopolitical concerns dissipate — capping a stunning recovery that has added almost $10 trillion to US stocks which were on the cusp of a bear market just two months ago. Source link
(Bloomberg) — With technology stocks powering major US indexes toward record highs, technical analysts see the makings of a selloff in the coming months unless more sectors join the rally. Most Read from Bloomberg The S&P 500 (^GSPC) Index’s furious rebound from its tariff-fueled April slide has left it less than 1% from an all-time…
President Trump’s top economist told Yahoo Finance that he doesn’t expect the aggregate tariff rate to fall materially below 10% and that the White House may extend the negotiating period for some countries engaging in trade talks. “My expectation would be that for countries that are negotiating in good faith and making progress, that rolling…
Brad Perry remembers Oct. 19, 1987 like it was yesterday. The new retiree from Oceanside, N.Y., was a young podiatrist, starting his career and beginning to save money in a few mutual funds. But the sea of red on Black Monday was too much. The Dow Jones Industrial Average fell 22.6% in a single day,…