Published: March 3, 2025 at 5:02 p.m. ET U.S. stocks endured another serious setback on Monday as what one trader described as a tariff “tape bomb” from President Donald Trump caused the S&P 500 to tally its biggest daily drop in months. After a rocky month that saw the Nasdaq Composite COMP fall sharply from its…
Published: March 3, 2025 at 12:50 p.m. ET Options traders are bracing for a looming stock-market crash, the latest data from Cboe Global Markets show. A dispatch from Cboe Global Markets’ Mandy Xu, shared with MarketWatch on Monday, revealed that demand for deep out-of-the-money call options tied to the Cboe Volatility Index VIX — otherwise known…
Photo: Spencer Platt (Getty Images) U.S. stocks plummeted on Friday on poor economic news. Consumer confidence weakened to the lowest level since November 2023, even as long-run inflation expectations rose to the highest since 1995. The services purchasing managers’ index fell into contractionary territory and January home sales contracted by more than expected. As the…
Globalstar to implement a 1-for-15 Reverse Stock Split effective February 11, 2025 COVINGTON, La., February 07, 2025–(BUSINESS WIRE)–Globalstar, Inc. (NYSE American: GSAT) (“Globalstar” or the “Company”), a next-generation telecommunications infrastructure and technology provider, today announced that it intends to (i) implement the previously-disclosed reverse stock split and related charter amendments and to voluntarily transfer the…
By Lewis Krauskopf NEW YORK (Reuters) – A banner year for U.S. stocks gets one of its last big tests with the coming week’s Federal Reserve meeting, as investors await the central bank’s guidance on interest rate cuts. The Nasdaq Composite index breached 20,000 for the first time ever in the past week, another milestone…
File photo: The Nasdaq logo is displayed at the Nasdaq Market site in Times Square in New York City. The Nasdaq Composite Index achieved a historic milestone on Wednesday, reaching 20,000 for the first time, driven by enthusiasm surrounding artificial intelligence and anticipated interest rate reductions that propelled technology stocks to remarkable heights. The technology-focused…
Wall Street holiday: US stock markets will remain closed on Thursday, November 28 and close early on Friday, November 29, in observance of the Thanksgiving holiday. According to the Securities Industry and Financial Markets Association, the Nasdaq Stock Exchange and New York Stock Exchange (NYSE) will both be closed on account of Thanksgiving. The US…
AI is booming, providing an important pillar of support for the stock market’s substantial year-to-date gains. Put into numerical terms, the tech-heavy NASDAQ composite index, which features many of the AI sector’s major names, has added nearly 30% for this year to date – on top of the 43% gains it registered last year. The…
US Presidential Elections 2024: The high-stakes US Presidential Elections 2024 have entered their final days as billions of Americans cast votes to pick their preferred President to lead the world’s largest economy for the next four years. Vice President and Democratic candidate Kamala Harris and former President and Republican candidate Donald Trump continue to run…
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Escalating tensions in the Middle East have dampened investor confidence and raised concerns about how riskier assets, including the highly valued U.S. stock market, might respond if the situation worsens. Stocks tumbled on Tuesday and investors rushed to safe-haven assets such as Treasuries and the dollar, after…