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Wall Street points to gains as global markets rebound on tariff roller coaster
World shares and U.S. futures advanced Tuesday, led by gains in Tokyo where the Nikkei 225 shot up just over 6% as markets settled after the shocks from President Donald Trump ‘s tariff hikes. Japan’s Nikkei newspaper reported Tuesday that U.S. Treasury Secretary Scott Bessent would lead trade negotiations with the country, which as been buffeted by […]
Panic Monday: World stock markets plunge again as Trump doubles down on tariffs
FRANKFURT, Germany (AP) — Global stock markets extended a severe plunge Monday, fueled by fears that U.S. tariffs would lead to a global economic slowdown. European and Asian shares saw dramatic losses, the leading U.S. index flirted with bear market territory in pre-market trading, and oil prices sagged. The massive sell-off in riskier assets at the start […]
Dow drops 1,600 as US stocks lead worldwide sell-off after Trump’s tariffs cause a COVID-like shock
NEW YORK (AP) — Wall Street shuddered, and a level of shock unseen since COVID’s outbreak tore through financial markets worldwide Thursday on worries about the damage President Donald Trump‘s newest set of tariffs could do to economies across continents, including his own. The S&P 500 sank 4.8%, more than in major markets across Asia and Europe, for its worst […]
Wealth advisers reveal ways to avoid bumps
Financial markets have been remarkably resilient this year, with various stock indexes notching new record highs, even as a dizzying number of headlines from Washington, D.C., seem poised to whipsaw investors. Uncertainty persists about how the economy — and, by virtue, financial markets — will fare, given President Donald Trump‘s moves to aggressively slash federal […]
Wall Street tumbles, and S&P 500 drops 2% on worries about slower economy, higher inflation
NEW YORK (AP) — Another wipeout is swamping Wall Street Friday on worries about a potentially toxic mix of worsening inflation and a U.S. economy slowing because of households afraid to spend due to the global trade war. The S&P 500 was down 2% in afternoon trading and on track for one of its worst days of the last two years. It’s […]
Stock market today: Wall Street slips following Trump’s latest tariffs, despite solid economic data
NEW YORK (AP) — Wall Street edged lower Thursday after getting pulled in opposite directions as President Donald Trump’s latest tariff escalation creates winners and losers among auto stocks. The S&P 500 slipped 0.3% after drifting between small gains and losses several times through the day. Better-than-expected data on the economy also helped support the market. The Dow Jone[...]
Stock market today: Wall Street drifts ahead of report on US consumer confidence
NEW YORK (AP) — Wall Street is holding steadier Tuesday after roaring the day before on hopes that President Donald Trump’s tariffs may not be as sweeping as earlier feared. The S&P 500 was 0.1% higher in early trading after jumping 1.8% on Monday. The Dow Jones Industrial Average was up 58 points, or 0.1%, as of 9:35 a.m. […]
Stock market today: Wall Street slips and heads for a fifth straight weekly loss
NEW YORK (AP) — Stocks fell in morning trading Friday and Wall Street is veering toward its fifth straight weekly loss. The S&P 500 fell 0.6%. The index, which is a benchmark for the broader market‘s health, is facing its worst weekly losing streak in nearly two years. The Dow Jones Industrial Average fell 228 […]
Stock market today: Wall Street drifts on signals US economy remains solid, for now at least
NEW YORK (AP) — U.S. stock indexes edged lower Thursday following another reminder that big, unsettling policy changes are underway because of President Donald Trump, along with more signals suggesting the U.S. economy remains solid for now. The S&P 500 slipped 0.2% after flipping between modest gains and losses through the day. The Dow Jones Industrial Average dipped […]
Stock market today: Back down goes Wall Street as Big Tech resumes its slide
NEW YORK (AP) — Wall Street swung back down on Tuesday, and its former superstars once again led the way. The S&P 500 dropped 1.1% for its latest swerve in a scary ride, where it tumbled by 10% from its record and then rallied for two straight days. The Dow Jones Industrial Average fell 260 points, or 0.6%, and the Nasdaq composite sank […]
Wall Street rallies to its best day in months, but that’s not enough to salvage its losing week
NEW YORK (AP) — U.S. stocks rallied to their best day in months on Friday as Wall Street‘s roller coaster suddenly shot back upward. That still wasn’t enough to keep the U.S. market from a fourth straight losing week, its longest such streak since August. The S&P 500 jumped 2.1% a day after closing more than 10% […]
