On Wall Street, US stocks nosedived Monday, with the S&P 500 dropping 2.7%, the Dow Jones Industrial Average losing 2%, and the NASDAQ Composite plunging 4%largely driven by steep declines in major ...
Damage to the U.S. economy from those first-term Trump tariffs “clearly” amounted to “many times” more than the wages of newly created jobs, economists Larry Summers, former Treasury secretary during ...
U.S. economic policymakers have been singularly focused on achieving a so-called soft landing that brings inflation down ...
But this time around, investors aren't holding their breath. With stocks crashing below the key technical threshold, few on Wall Street expect that either President Donald Trump or Fed Chair Jerome ...
T HE SELL-OFF shows no sign of stopping. America’s S & P 500 index dropped by another 3% on March 10th, leaving the world’s ...
The S&P skidded 2.7 percent, amid investor fears that tit-for-tat tariffs could raise prices, slow the economy and sow ...
Uncertainly, stress from federal policy moves called "unprecedented" as market dives far from its peak in December.
Economists warn of a potential recession as President Trump's tariffs prompt retaliation from China and Canada.
Consumer spending, which accounts for about 70% of U.S. economic activity, could slowly fade away as households bolster savings to ease the blow of a potential downturn, Sonola said. Meanwhile, ...
News flow around tariffs rocked the markets last week. SPY closed with the worst 3-week slide since Dec 2022. Nasdaq’s ...
S&P 500 ETF Trust may underperform through 2035 due to high valuations. See why SPY faces challenges and foreign stocks and ...
"Strong postelection vibes were an important part of the bullish consensus on 2025 for U.S. equities which hasn't panned out," observed RBC Capital Markets' head of U.S. equity strategy research, Lori ...