Tag Archives: stock market

CNBC reports: Stocks fell again on Monday as President Donald Trump ramped up his attacks on Federal Reserve Chair Jerome Powell, raising questions about the central bank’s independence, while traders received little signs of progress on global trade talks. The Dow Jones Industrial Average traded 973 points lower, or 2.5%. The S&P 500 shed 2.4%, and the Nasdaq Composite lost …

CNBC reports: Stocks fell Tuesday as a relief rally proved short-lived and investor anxiety returned ahead of President Donald Trump’s next tariff deadline. The Dow Jones Industrial Average dropped 320 points, or 0.84 %, bringing its four-day loss on tariff angst to nearly 5,000 points. Apple led the losses with the iPhone maker’s costs set to surge with new China …

CNBC reports: The Dow Jones Industrial Average fell for a third day following President Donald Trump’s tariff rollout, with the president threatening even higher rates against China on Monday. The session was a wild one as traders tried to speculate when the market would bottom from Trump’s tariff turmoil, with the Dow Jones Industrial average posting its largest intraday point swing …

The Hill reports: The White House pushed back on the idea that President Trump is considering a 90-day pause on tariffs as “fake news” after it spread on social media and caused the stock market to jump. “Wrong. Fake News,” the White House said on X, sharing a post that Trump is reportedly expecting to do a pause. The social …

Investopedia reports: Stocks fell sharply in early trading Monday, extending last week’s massive sell-off, as the Trump administration showed no signs over the weekend of backing down from its plan to impose wide-ranging tariffs. The Dow Jones Industrial Average was down 4.2%, or more than 1,600 points, about 10 minutes after the opening bell, while the S&P 500 and tech-heavy …

CNBC reports: The stock market was pounded for a second day Friday after China retaliated with new tariffs on U.S. goods, sparking fears President Donald Trump has ignited a global trade war that will lead to a recession. The Dow Jones Industrial Average dropped over 2,200 points, or 5.5% on Friday, its biggest decline since June 2020 during the pandemic. …

Mediaite reports: In the clip Trump shared without a caption on his Truth Social platform a narrator says, “Trump is crashing the stock market by 20 percent this month, but he’s doing it on purpose. And this is why Warren Buffett just said Trump is making the best economic moves he’s seen in over 50 years. Now, here’s the secret …

CNBC reports: The stock market took another pounding Friday after China retaliated with new tariffs on U.S. goods, raising fears a trade war will tip the globe into a recession. The Dow Jones Industrial Average traded down 1,130 points, or 2.8%. This follows a 1,679.39 point decline on Thursday. The S&P 500 slid 3.2% after the benchmark shed 4.84% on …

The Daily Beast reports: President Donald Trump’s response to a tanking U.S. stock market—brought on by his sweeping tariff announcement Wednesday—is to fly to Florida. The president is scheduled to jet to Miami on Thursday afternoon to attend a LIV Golf tournament at his golf course in nearby Doral. He is scheduled to hang there for two-and-a-half hours before attending …

CNBC reports: Stocks cratered Thursday after President Donald Trump unveiled sweeping tariffs of at least 10% and even higher for some countries, raising the risks of a global trade war that hits the already sputtering U.S. economy. The S&P 500 dropped 3.4%, putting it on track for its worst day since September 2022. The Dow Jones Industrial Average tumbled 1,200 …

Politico Playbook reports: 48 hours out from what Trump has called “Liberation Day” — a moment of protectionism so significant Steve Bannon wants it to be made a federal holiday — there’s still no real clarity about what’s coming. Every business leader and K Street lobbyist will tell you that the thing they hate most is uncertainty. And once again, …

Forbes reports: The stock market selloff stretched into a new week, with the latest losses again tied to comments from President Donald Trump, whose wide-sweeping and oft-changing tariff policies have rattled Wall Street confidence, as early fears of a recession emerge. All three major U.S. stock indexes fell significantly Monday, erasing Friday afternoon’s comeback. The Dow Jones Industrial Average dropped …

The New York Times reports: Asian and European stock markets dropped on Monday as the global fallout from President Trump’s decision to impose tariffs on Mexico, Canada and China began. In the United States, shares were poised to open lower. Japan’s Nikkei 225 index and South Korea’s Kospi each fell more than 2.5 percent. The Taiwan Stock Exchange weighted index …

NBC News reports: The Dow fell 267 points Tuesday, closing 0.6% lower after nine straight days of declines — its longest losing streak since 1978. The downturn has coincided with a steep drop in the shares of UnitedHealthcare’s parent company since CEO Brian Thompson was shot and killed in New York City on Dec. 4. UnitedHealth Group’s stock has tumbled …

Reuters reports: Wall Street closed up on Monday, with both the S&P 500 and the Dow posting fresh record highs, as investors bought into technology stocks ahead of a busy week packed with corporate earnings and crucial economic data. On a somewhat subdued day for trading, given bond markets were shut due to the federal holiday, U.S. equities maintained the …

Semafor reports: The attempted assassination of Donald Trump lifted his political fortunes — and his actual fortune. Shares of Donald Trump’s media company surged after the weekend’s assassination attempt, lifting Trump’s 60% stake in the company by nearly $800 million. Stocks seen as winners in a second Trump administration also spiked: gun and bullet manufacturers, prison operators, cryptocurrency companies, and …

Axios reports: Donald Trump’s meme stock fell on Monday, just like it has fallen on most of the 14 days it has traded on the Nasdaq stock exchange. It closed at $26.61 per share, down 18% from Friday’s close and down 66% from its March 26 high of $79.38. The latest drop came after the social-media company released a 217-page …

CNBC reports: Shares of Trump Media plunged more than 17% in the pre-trading hours Monday after the company filed to issue millions of additional shares of stock. The company behind the Truth Social app, which trades under the stock ticker DJT on the Nasdaq, fell nearly 20% last week. Several years into existence, Truth Social has barely any advertising revenue. …

Axios reports: LGBTQ+ dating app Grindr has hired the founders of Athena, a 2-year-old fitness community app. Grindr aims to expand its app features into areas like travel and health, according to CEO George Arison. Grindr is known as a tool for finding nearby dates, but its users have been using it for other social connections, says Arison. Most of …

The Associated Press reports: Apple became the first publicly traded company to close a trading day with a $3 trillion market value, marking another milestone for a technology juggernaut that has reshaped society with a line-up of products that churn out eye-popping profits. Apple shares closed up 2.3% at $193.97 Friday, bringing its market value to $3.04 trillion. Apple is …