The S&P 500 retook the all-time high set on Feb. 19 and surpassed it on Friday, completing a massive roundtrip that saw U.S. stocks crash on President Donald Trump’s trade war then claw their way back a few months later. But while investors can feel whole again after witnessing their portfolios get obliterated, there’s also…
Just two months ago, the markets seemed to be in crisis as investors despaired over the effects of President Donald Trump’s sweeping set of tariffs. Now, the markets are jubilant. Late Friday morning New York time, the S&P 500 notched a new all-time high of 6,184 points as the stock index jumped 0.7% over the…
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…
(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…
Despite little change in the U.S. stocks on Wednesday, investors watched the markets closely. The S&P 500 closed the day just 51 points off from its all-time high closing price of 6,144 on February 19. The Dow Jones closed the day down about 106 points, but still higher than its mid-afternoon lows on Monday. Meanwhile,…
U.S. stocks are drifting higher on Friday in their return to trading following the Juneteenth holiday. The S&P 500 was up 0.4% in early trading and adding to its modest gain for the week. The Dow Jones Industrial Average was up 162 points, or 0.4%, as of 9:35 am. Eastern time, and the Nasdaq composite…
US stock market indexes — S&P 500, Dow Jones, and Nasdaq — will look to open in green on Friday. However, investors will remain cautious following ongoing fighting between Iran and Israel. S&P 500 futures fell almost 1 per cent, although most U.S. markets – including Wall Street and the Treasury market – will be…
There is a gap underneath that had been filled. So, we’ll watch, but a move below 41,000 could send this market much lower. More likely than not though, we have more sideways back and forth range bound action, with the 43,000 level offering a bit of a ceiling. S&P 500 Technical Analysis The S&P 500…
US President Donald Trump delivered the worst returns in half a century for American stocks and the dollar during the first 100 days of his second White House term. But he may end up making Hong Kong great again as a financial hub, amid renewed interest in Chinese stocks listed in the city. The Dow…