Author: Matthew Collom
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U.S. Markets Mixed Following Tariff Moves; Amazon Launches Extended Prime Day
U.S. stocks traded mixed on Tuesday as investors digested President Donald Trump’s latest tariff announcements and a new implementation timeline. As of 09:35 ET, the Dow Jones Industrial Average was down 80 points, or 0.2%, while the S&P 500 hovered near flat. The tech-heavy NASDAQ Composite rose 40 points, or 0.2%. Tariffs Announced, Deadline Extended…
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Why Elon Musk Launching a Political Party Might Be Just What Tesla Stock Needs
Can Elon Musk undo the damage his association with Donald Trump has done to the Tesla brand? It’s too early to say. But one thing is clear: Musk is making a serious effort. His latest move — launching a new political party, reportedly called the America Party — is a direct shot at Trump and…
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Stock Market Tumbles as Trump Tariff Spree Sparks Trade War Fears
U.S. stocks closed sharply lower on Monday, as President Donald Trump reignited global trade war concerns with the announcement of sweeping new tariffs. The S&P 500 fell 0.8%, the Dow Jones Industrial Average dropped 422 points (0.9%), and the Nasdaq Composite slipped 0.9%. The market sell-off followed Trump’s declaration of a 25% tariff on goods…
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Tesla Sinks as U.S. Stocks Edge Lower Amid Uncertainty Over Trump Tariffs
U.S. stocks slipped on Monday, retreating from last week’s record highs as investors grew wary of President Donald Trump’s looming tariff decisions. As of 09:32 ET, the Dow Jones Industrial Average was down 95 points, or 0.2%, while the S&P 500 fell 22 points, or 0.4%. The NASDAQ Composite dropped 95 points, or 0.5%. All…
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Markets Weather Trade Tensions — All Eyes on the Week Ahead
Even as trade-worries persist, markets are holding firm. “There may be some threats and saber-rattling, but it’s unlikely to pose a major threat to markets right now,” says Irene Tunkel, chief U.S. equities strategist at BCA Research. Still, the looming tariff deadline and ongoing negotiations mean investors remain on alert. Julian McManus, portfolio manager at…
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Global Markets Weekly Update. U.S. Job Growth Surprises to the Upside in June
United States Equity markets set new records amid strong job data U.S. stocks posted solid gains during the holiday-shortened week, with both the S&P 500 Index and the Nasdaq Composite closing at record highs for the second consecutive week. Small- and mid-cap stocks outperformed, as the Russell 2000 rose 3.52% and the S&P MidCap 400…
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Dow Surges Over 300 Points as S&P 500 Hits Record High Following Strong June Jobs Report
U.S. stocks rallied on Thursday, buoyed by a stronger-than-expected June jobs report, as investors embraced signs of economic resilience despite ongoing trade uncertainties and geopolitical tensions. The Dow Jones Industrial Average climbed 344.11 points, or 0.77%, closing at 44,828.53. The S&P 500 advanced 0.83% to reach 6,279.35, while the Nasdaq Composite gained 1.02%, finishing at…
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U.S. Stocks Climb on Strong Jobs Data; Markets Eye Trade Deals and Tax Bill
U.S. stocks edged higher Thursday following a stronger-than-expected jobs report that underscored the labor market’s resilience, bolstering investor optimism around potential trade deals and fiscal policy progress. As of 09:32 ET the Dow Jones Industrial Average was up 80 points (0.2%), the S&P 500 gained 24 points (0.4%), and the NASDAQ Composite rose 120 points…
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U.S. Stocks Mostly Decline After Weak Jobs Data; Fed Rate Cut in Sight?
U.S. stocks edged mostly lower Wednesday as fresh labor market data raised concerns over a potential economic slowdown, increasing speculation that the Federal Reserve may move to cut interest rates soon. As of 09:35 ET, the Dow Jones Industrial Average was down 115 points (0.3%), while the S&P 500 slipped 7 points (0.1%). The NASDAQ…
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Market Movers Today -Senate Passes Trump’s Fiscal Bill; ADP Jobs Report in Focus
U.S. stock futures are pointing higher after the Senate approved a massive fiscal bill closely tied to former President Donald Trump’s legislative agenda. The bill now heads to the House of Representatives, where Republicans are racing against a self-imposed July 4 deadline to get it signed into law. Meanwhile, investors are looking ahead to fresh…