March 17 – U.S. stock index futures took a hit on Monday as Treasury Secretary Scott Bessent’s comments added to unease about an economic slowdown, while focus was on tariff-related signals from the Federal Reserve’s upcoming meeting. In a Sunday interview with NBC, Bessent warned that there are “no guarantees” the United States will escape…
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,…
By STAN CHOE AP Business Writer Wall Street rallies to its best day in months, but that’s not enough to salvage its losing week Updated: 4:17 PM EDT Mar 14, 2025 OTHER POLICIES MADE BY PRESIDENT DONALD TRUMP HAVE CAUSED SOME UNCERTAINTY AND FEAR FOR THE STOCK MARKET. SO HERE TO TALK ABOUT IT IS…
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…
Chris Kirkham | Reuters 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. Tesla’s stock has dropped by…
It took a month of Donald Trump’s chilling revolution for the stock market to start sneezing. The main New York share index — the S&P 500 — began falling on February 19, 29 days after Trump’s inauguration. It has now dropped a bit more than 6 per cent while the more volatile Nasdaq is near…
Hong Kong will press on with selling residential plots, the development minister has said, despite an earlier warning from a credit-rating agency that oversupply is hurting the property market. Bernadette Linn Hon-ho also said on Saturday that authorities would not give up on creating artificial islands in the waters off Lantau as part of plans…
Growth fears are on the rise, causing markets to trade as if a recession is coming. Major US indexes extended deep year-to-date losses on Thursday, with the S&P 500 down 1.8%. Bond yields are falling as investors eye lower interest rates in response to a recession. It wasn’t long ago when economists predicted the odds…
Want to comment on this story? Become a subscriber today. Click here. New York – The U.S. stock market is holding steadier on Wednesday, for now at least, following the sharp tumble that wiped out the last of the “Trump bump” it received following the presidential election in November. The S&P 500 was basically unchanged…