Category: Market Summary

Food and beverage company PepsiCo (NASDAW:PEP) has reported that its per-share income in the fourth quarter exceeded estimates, although organic revenue growth was lower than anticipated as cost-conscious U.S. shoppers responded to price hikes. The company, which sells brands such as Mountain Dew soda and Frito-Lay potato chips posted a 2.1% rise in organic sales…

The major U.S. index futures are currently pointing to a roughly flat open on Tuesday, with stocks likely to show a lack of direction after seeing considerable volatility in the previous session. Traders may be reluctant to make significant moves as they digest the latest developments regarding President Donald Trump’s tariffs. While Trump has agreed…

President Trump has agreed to delay the imposition of 25% tariffs on imports from Canada and Mexico for 30 days. This staves off the threat of a potentially damaging trade war amongst the North American neighbors – at least for now. The President made a deal with Mexican President Claudia Sheinbaum in which she agreed…

Stocks moved sharply lower early in the session on Monday but regained ground over the course of the trading day. The major averages climbed well off their worst levels, with the Dow briefly reaching positive territory, but ended the day in the red. After plunging by as much as 2.5 percent in early trading, the…

U.S. stocks started February lower after President Donald Trump imposed tariffs on several key U.S. trading partners, raising fears that a full-blown trade war would disrupt global supply chains, reignite inflation and slow the economy. The Dow Jones (DOWI:DJI) opened Monday’s trading session down more than 500 points (-1.20%) at the opening bell. The S&P…

The major U.S. index futures are currently pointing to a sharply lower open on Monday, with stocks likely to see continued weakness following the downturn seen over the course of the previous session. Concerns about a global trade war are likely to weigh on Wall Street after President Donald Trump officially imposed a 25 percent…

U.S. stock futures tumbled on Monday morning as the impact on the global economy of President Trump’s steep tariffs on Canada, Mexico, and China jolted markets around the world. Dow futures (DOWI:DJI) are down 1.4%, S&P 500 down 1.55% and Nasdaq down 1.86%. The President imposed the new tariffs of 25% on imports from Canada…

Bitcoin (COIN:BTCUSD) crashed on Monday morning as a wave of selling swept through the cryptocurrency market. It fell 10% to $91,695.8 before rebounding slightly to $95,137.6. This steep drop came after President Trump announced he was imposing trade tariffs on China, Canada, and Mexico. This sparked fears of a trade war which sent the markets…

After showing a strong move to the upside early in the session, stocks came under pressure over the course of the trading day on Friday. The major averages pulled back well off their early highs and into negative territory. The major averages finished the day just off their lows of the session. The Dow slid…

The major U.S. index futures are currently pointing to a higher open on Friday, with stocks likely to add to the gains posted during yesterday’s volatile session. Apple (NASDAQ:AAPL) may help lead an early advance on Wall Street, as the tech giant is surging by 4.3 percent in pre-market trading, The jump by shares of…