Wall Street is wasting no time saying which stocks it really hates in the era of bruising Trump tariffs. It’s hard to fault the quick change in sentiment. Markets braced for another day of heavy selling on Friday. At the time of this writing, Dow Jones Industrial Average futures (YM=F) were sinking 1,400 points as…
Treasury Secretary Scott Bessent speaks to reporters outside the West Wing after doing a television interview on the North Lawn of the White House on March 13, 2025 in Washington, DC. Andrew Harnik | Getty Images Treasury Secretary Scott Bessent said Wednesday the sell-off in the stock market is due more to a sharp pullback in…
US stock futures rose as Wall Street braced for President Trump’s announcement of new tariffs that stand to remake the global trade order. Futures attached to the Dow Jones Industrial Average (YM=F) and the benchmark S&P 500 (ES=F) rose 0.2%. Futures attached to the tech-heavy Nasdaq Composite (NQ=F) jumped 0.3%. CBOT – Delayed Quote •…
59m agoMon 31 Mar 2025 at 8:24pm Market snapshot Australian dollar: Flat at 63.02 US cents ASX 200 futures: +0.9% to 7,944 points S&P 500: +0.6% to 5,611 points Nasdaq: -0.1% to 17,299 points Dow Jones: +1% to 42,001 points FTSE: -0.8% to 8,582 points EuroStoxx: -1.5% to 533 points Spot gold: +1.4% to $US3,157/ounce…
Hedge funds are dumping stocks at a rapid pace as President Donald Trump’s aggressive tariff agenda spiked volatility on Wall Street. These professional traders have net sold global equities for six weeks in a row, with last week’s notional de-grossing amount reaching the largest level since July, according to data from Goldman Sachs’ prime brokerage unit. The…
NEW YORK, NEW YORK – MARCH 16: People walk past the New York Stock Exchange (NYSE) on March 16, 2023 … More in New York City. Stocks fell again in morning trading as investors continue to show concerns over the stability of global banks following the collapse last week of Silicon Valley Bank. (Photo by…
The beginning of 2025 was a difficult one for the Dow Jones Industrial Average , but analysts are more optimistic on certain stocks heading into the second quarter. The 30-stock Dow has tumbled more than 2% in the first quarter. Chip giant Nvidia has led the decline with its 18% fall, followed by losses from…
Coming into the new presidency the playbook for traders was obvious. Bet it all on a core of America First-linked champions, from Tesla Inc. and crypto to smaller companies. Turns out, amid spiraling policy shifts and worsening economic data, whittling yourself down to just a few bold calls has been one of the worst things…
All three major indices on Wall Street fell sharply to end the week as a new report showed prices are rising faster than expected and consumers are pulling back.Economists say this report reveals consumer anxiety, especially with tariffs. President Donald Trump believes his tariffs will boost prosperity, but many Americans aren’t so sure.Inflation fears drove…
CoreWeave’s initial public offering on Thursday raised $1.5 billion after setting the price of its shares at $40 each. The $40 price point is significantly lower than the anticipated range of $47 to $55 per share. Potentially acting as a bellwether for a cooling period in the AI stock boom. The size of the IPO…