Wall Street hit new records as Donald Trump began his second term as the 47th U.S. president Monday. The S&P 500 climbed above 6,100 points over the week, surpassing its previous December peak and marking a second consecutive week of gains, fueled by a strong start to the fourth-quarter earnings season. Tech stocks once again…
A benign December inflation report was all it took to ignite another strong rally on Wall Street, with major indices delivering their best weekly performance since the postelection surge in early November. Heading into the week, markets were gripped by concerns over inflation and interest rates, pricing in just one interest rate cut by year-end…
Wall Street experienced a sharp reality check over the week as the post-election rally following Donald Trump’s presidential election victory unraveled. Major indices fell in unison as investors reassessed the economic outlook in light of potential policy shifts. Republicans secured a majority in the House of Representatives, marking a GOP sweep of Washington, D.C., and…
President-elect Donald Trump’s election as the 47th president of the United States sent Wall Street into a frenzy, driving major stock indexes to once again break record highs. Investors are betting that Trump’s potential policies — such as lower corporate and individual taxes, coupled with deregulation in the financial sector — will spur growth for…
The U.S. stock market experienced a setback at the end of October, breaking a five-month winning streak as election uncertainties and mixed tech earnings dampen risk sentiment. A key measure of market turbulence, the CBOE Volatility Index, or VIX, surged by 34% last month, marking the third-largest increase for an October in an election year….