If Wall Street learned one thing during Donald Trump’s first term as president, it’s that the stock market is a way he keeps score. At various points he took credit for equities rallies, urged Americans to buy the dip, and even considered firing Federal Reserve Chairman Jerome Powell, who he blamed for a selloff. Now he’s preparing for another…
Stocks surged after election results came in and the major news outlets declared former President Donald Trump the winner. At the same time, the strength of the market response has arguably been at odds with what many economists consider the prospect of worse economic policies under President-elect Trump. Maybe it’s traders and investors betting that…
U.S. stock markets saw minimal changes on Tuesday as General Motors surged 10.4% on strong earnings offset a steep drop in GE Aerospace shares. S&P 500: 5,851.20 ⬇️ down 0.0047% Nasdaq Composite: 18,573.13 ⬆️ up 0.18% Dow Jones Industrial Average: 42,924.89 ⬇️ down 0.016% STOXX Europe 600: 520.40 ⬇️ down 0.21% CSI 300: 3,957.78 ⬆️…
U.S. stocks closed mixed on Monday, as Wall Street’s extended rally took a breather ahead of a pivotal week for earnings reports. The S&P 500 slipped by 0.18%, while the Dow Jones Industrial Average fell over 300 points. The tech-heavy Nasdaq Composite managed a 0.27% gain, supported by Nvidia’s record-breaking performance. S&P 500: 5,853.98 ⬇️…
China’s mainland shares posted modest gains as a central bank lending rate cut boosted real estate stocks, but investors awaited more details on government stimulus. S&P 500 Futures: 5,903.50 ⬇️ down 0.04% S&P 500: 5,864.67 ⬆️ up 0.40% Nasdaq Composite: 18,489.55 ⬆️ up 0.63% Dow Jones Industrial Average: 43,275.91 ⬆️ up 0.09% FTSE 100: 8,386.32…
The stock market stunned Wall Street last year with a massive gain, and it could top that this year with an even bigger surge. Helped by a U.S. economy that remained strong despite widespread predictions for a recession as well as a dovish shift in tone from the Federal Reserve last fall, the S&P 500…
Wall Street hovered around its records, but closed virtually unmoved from Tuesday. Meanwhile, China’s shares fell on an underwhelming housing stimulus briefing, and Japan’s shares took a hit on weak export data. But Taiwan chip giant TSMC is still soaring, and Nvidia and others continued big gains. S&P 500 Futures: 5,887.25 ⬆️ up 0.0042% S&P…
China’s shares suffered from an underwhelming housing stimulus briefing, and weak export data hit Japan’s shares. But Taiwan chip giant TSMC is soaring. S&P 500 Futures: 5,909.50 ⬆️ up 0.38% S&P 500: 5,842.47 ⬆️ up 0.47% Nasdaq Composite: 18,367.08 ⬆️ up 0.28% Dow Jones Industrial Average: 43,077.70 ⬆️ up 0.79% STOXX Europe 600: 522.32 ⬆️…
Wall Street retreated from its records on Tuesday as Nvidia and other chip stocks saw major drops and oil prices slid. S&P 500 Futures: 5,815.26 ⬇️ down 0.76% S&P 500: 5,815.26 ⬇️ down 0.76% Nasdaq Composite: 18,315.59 ⬇️ down 1.01% Dow Jones Industrial Average: 42,740.42 ⬇️ down 0.75% STOXX Europe 600: 520.57 ⬇️ down 0.80%…
China shares fell as investors digested much weaker-than-expected export data released late Monday. Japan’s market jumped as its semiconductor firms followed Nvidia upward. S&P 500 Futures: 5,866.25 ⬆️ up 0.11% S&P 500: 5,859.85 ⬆️ up 0.77% Nasdaq Composite: 18,502.69 ⬆️ up 0.87% Dow Jones Industrial Average: 43,065.22 ⬆️ up 0.47% STOXX Europe 600: 525.74 ⬆️…