Stock Market

Stock Market

Dow, S&P 500, Nasdaq trim gains after tech’s tariff reprieve bounce fizzles

Apple (AAPL) shares gained as much as 5% on Monday as Wall Street viewed the iPhone maker a major winner of exemptions on tariffs announced by the Trump administration over the weekend. "The Trump administration gives AAPL a lifeline," said Angelo Zino, vice president and senior equity analyst at CFRA Research. "It also provides a huge sigh of relief for US consumers who feared a significant increase in costs." In a big win for the technology sector, the White House carved out reciprocal tariff exemptions on smartphones, computers, memory chips,...
Stock Market

Dow futures surge over 350 points; European tech stocks outperform

US Stock Market Live: Futures on Wall Street are looking to start the new trading week on a positive note after the latest round of tariff exemptions for the time being. The Dow futures are up 130 points, while those on the S&P 500 and Nasdaq are up 40 and 220 points respectively. US President Donald Trump exempted smartphones, computers and other devices and components like semiconductors from reciprocal tariffs on Friday. However, commerce secretary Howard Lutnick later clarified that these exemptions are not permanent, adding to further uncertainty.US Stock...
Stock Market

Dow futures extend gains past 300 points ahead of European market open

US Stock Market Live: Futures on Wall Street are looking to start the new trading week on a positive note after the latest round of tariff exemptions for the time being. The Dow futures are up 130 points, while those on the S&P 500 and Nasdaq are up 40 and 220 points respectively. US President Donald Trump exempted smartphones, computers and other devices and components like semiconductors from reciprocal tariffs on Friday. However, commerce secretary Howard Lutnick later clarified that these exemptions are not permanent, adding to further uncertainty.US Stock...
Stock Market

Dow futures gain 150 points; Trump warns tariffs coming for semiconductors

US Stock Market Live: Futures on Wall Street are looking to start the new trading week on a positive note after the latest round of tariff exemptions for the time being. The Dow futures are up 130 points, while those on the S&P 500 and Nasdaq are up 40 and 220 points respectively. US President Donald Trump exempted smartphones, computers and other devices and components like semiconductors from reciprocal tariffs on Friday. However, commerce secretary Howard Lutnick later clarified that these exemptions are not permanent, adding to further uncertainty.US Stock...
Stock Market

Dow futures up 120 points; Hong Kong Dollar weakens further

US Stock Market Live: Futures on Wall Street are looking to start the new trading week on a positive note after the latest round of tariff exemptions for the time being. The Dow futures are up 130 points, while those on the S&P 500 and Nasdaq are up 40 and 220 points respectively. US President Donald Trump exempted smartphones, computers and other devices and components like semiconductors from reciprocal tariffs on Friday. However, commerce secretary Howard Lutnick later clarified that these exemptions are not permanent, adding to further uncertainty.US Stock...
Stock Market

Dow, S&P 500, Nasdaq futures jump as tech gets a temporary tariff reprieve

Global tech stocks and chipmakers rose in premarket trading Monday after the Trump administration published tariff exemptions on smartphones, computers, and other electronics — though Trump and his top officials muddied that message over the weekend, suggesting the reprieve would be temporary. As my colleague Jenny McCall details below, Apple (AAPL) was a top mover Monday morning, rising 5.5% on the exemptions. Apple also led global smartphone sales in the first quarter, according to Reuters, due to the iPhone 16e launch and strong demand in Japan and India. Best Buy...
Stock Market

Dow, S&P 500, Nasdaq futures rise as tech gets a temporary tariff reprieve

US stock futures jumped Sunday evening, as Wall Street took in a weekend full of diverging messages from President Trump's administration on its tariff policy. Futures tied to the S&P 500 (ES=F) rose 0.5%, while those on the tech-heavy Nasdaq (NQ=F) jumped over 1%. Dow Jones Industrial Average futures (YM=F) were up 0.3%. CME - Delayed Quote • USD As of 6:40:23 PM EDT. Market Open. ES=F YM=F NQ=F Trump and his top advisers sowed confusion this weekend on the future of its tariffs on China and on specific sectors....
Stock Market

The Treasury Secretary Is Wrong About How Most Retirees See the Stock Market

Last weekend, Treasury Secretary Scott Bessent went on television and said people who wanted to retire right now were not paying attention to the stock market.On the NBC program “Meet the Press,” referring to those who have “put away for years in their savings account,” he said the following: “I think they don’t look at the day-to-day fluctuations of what’s happening.”Is that true? I asked readers of our Your Money newsletter who were on the cusp of retirement whether they were watching the markets and, if so, why?About 400 people...
Stock Market

‘The entire stock market is on sale’

While the stock market crash sent baby boomers into panic mode, Gen Z was grabbing the popcorn and sharing their plans to get rich. “Forget about the Sephora sale… the entire stock market is on sale right now,” one excited 24-year-old shared on TikTok. Meanwhile, a 22-year-old shared how she made $42K in less than an hour thanks to the volatile market. The world’s stock markets tanked late last week in response to President Donald Trump’s new tariffs—and baby boomers watched in horror as their dreams of a comfortable retirement...
Stock Market

‘Celebrating Causing China’s Stock Market To Go Down, By Causing Our Own Stock Market To Go Down?’

Kimbal Musk, Tesla (NASDAQ:TSLA) board member and brother of CEO Elon Musk, has gone public with sharp criticism of President Donald Trump’s trade policies, calling tariffs a “structural, permanent tax on the American consumer” and accusing Trump of celebrating economic self-sabotage. “Mmm.. Celebrating causing China’s stock market to go down, by causing our own stock market to go down? Maybe this is why Trump brought back the R word.” Kimbal posted on X, in response to a message from Trump touting the impact of U.S. tariffs. UNLOCKED: 5 NEW TRADES...
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