Senior trade adviser Peter Navarro attends an interview with CNN, at the White House, in Washington, D.C., U.S., April 10, 2025. Evelyn Hockstein | Reuters President Donald Trump‘s trade advisor Peter Navarro on Friday encouraged Americans to buy stocks one day after dismissing a steep market drop fueled by fears of a tariff-induced slowdown as…
Traders work on the floor of the American Stock Exchange (AMEX) at the New York Stock Exchange in New York, US, on Thursday, April 10, 2025. Michael Nagle | Bloomberg | Getty Images S&P 500 futures inched higher on Thursday night as investors look to close out a volatile week, punctuated by sharp swings for…
The Nasdaq Marketsite is seen during morning trading on April 7, 2025 in New York City. Michael M. Santiago | Getty Images Every bear market has days like this. The Nasdaq soared 12% on Wednesday, the second-best day on record for the tech-heavy index and its sharpest rally since January 2001, which was the middle…
U.S. President Donald Trump speaks during a meeting with Israeli Prime Minister Benjamin Netanyahu (not pictured) in the Oval Office at the White House in Washington, U.S., April 7, 2025. Kevin Mohatt | Reuters The meaning of the word “reciprocity” is being strained by the Trump administration. Not only did the White House use a…
Financial markets that spent two years anticipating a recession that never came took two days to price in surging odds of a recession that might come by invitation. With one of the nastiest two-day selloffs in history following President Donald Trump’s launch of punitive tariffs on most trading partners, the stock market is in one…
Traders work on the floor of the New York Stock Exchange during morning trading on April 03, 2025 in New York City. Michael M. Santiago | Getty Images U.S. President Donald Trump’s so-called liberation day for the country came and went. What, exactly, did his trade plans liberate the world’s largest economy from? Leadership of…
Despite being positive on Reinsurance Group of America for a bit, JPMorgan finally sees the right moment for investors to jump in as the sector faces a deteriorating economic backdrop. Analyst Jimmy Bhullar upgraded the reinsurance stock to overweight from neutral and lifted his price target by $5 to $237. Bhullar’s refreshed target suggests shares…
CoreWeave was one of the most highly-anticipated initial public offerings of the year. In fact, it was the biggest U.S. tech IPO since 2021. The cloud services provider – which has navigated a challenging path to its IPO – is being viewed as a barometer of future Wall Street dealmaking and the investment banks that…
(Bloomberg) — In a stock market battered by trade turmoil and growing fears of an economic slowdown, retail investors are doubling down, undeterred as their losses mount. Most Read from Bloomberg Individual traders pumped more than $12 billion into US equities in the week ending March 19, retail-trading data from JPMorgan Chase & Co. showed….
Fears of an economic recession have been cited as a catalyst for the stock market’s horrid run this week. JPMorgan thinks something else may be driving the downturn. “In our mind the most likely culprits are equity hedge funds and in particular two categories: Equity Quant hedge funds and Equity TMT Sector hedge funds,” strategist…