News with the tag "Dow Jones"

US stock markets came roaring back on Tuesday, snapping a four-day slide after President Donald Trump postponed a massive 50% tariff on European imports. The S&P 500 gained 2.05% to close at 5,921.54, bringing relief to a market that had been under pressure since last week. The Dow Jones Industrial ...

Gold prices rose for a fourth day on Thursday as unease over President Donald Trump’s tax plan and growing fiscal deficit pushed long-term Treasury yields toward highs last seen almost twenty years ago. At the same time, stocks across Asia and on Wall Street declined. Spot bullion edged up to about ...

Treasury Secretary Scott Bessent said Tuesday that individual investors, who have been holding their positions amid the recent market drop, have faith in President Donald Trump’s trade levies. He also noted that individual investors held tight while institutional investors panicked due to tariffs. D...

The stock market is plunging again, as data from CNBC shows the Dow Jones Industrial Average dropped by 381 points, or 0.9%, while S&P 500 futures fell by 1.1%. The Nasdaq took the hardest hit, sinking 1.4%. The latest sell-off comes as new U.S. tariffs on imports from Canada, Mexico, and China took...

Wall Street is bouncing back after a catastrophic day that left traders reeling. On December 18, U.S. markets faced a sell-off that slashed billions in value. The Dow Jones, S&P 500, and Nasdaq all suffered massive losses as investors reacted to a hawkish Federal Reserve announcing fewer interest ra...

Federal Reserve Chair Jerome Powell released his statement on Wednesday shortly after the Fed released its decision to cut interest rates. The chair highlighted the Fed will evaluate progress on inflation before making further cuts in 2025. Fed Chair Jerome Powell raised investors’ eyebrows in his s...

America’s stock market has hit an insane $64 trillion, making it bigger than every other stock market in the world combined. In the last ten years, U.S. markets added a massive $40 trillion. No other country even comes close. Right now, America’s stock market controls 74% of the MSCI World Index, bl...

The Kobeissi Letter recently shared on X about the current increasing tension between the United States and Russia. The geopolitical tensions come after Ukraine used 6 U.S. long-range missiles to attack a Russian military base in Bryansk. Notably, the missile strike came days after President Joe Bid...

The stock market is hotter than a jalapeño pepper. Wall Street just did something it’s never done before, with the Dow Jones shooting up to an insane 44,000 during trading on Friday before closing at a record-breaking 43,988.99. For those keeping score, that’s a 259.65-point climb, or 0.59%. The S&P...

Economist Henrik Zeberg is doubling down on his blow-off top price prediction for Bitcoin (BTC) despite what he says are signs of topping in the stock market. In a new interview with Ran Neuner on the CryptoBanter YouTube channel, Zeberg predicts a move above the $78,000 level early this week as the...