Stock Market

An encouraging inflation report kept most stocks higher for a second straight day. And thanks to a big rally in several large- and mega-cap stocks, the S&P 500 is now in positive territory for the year to date.Ahead of the opening bell, the Bureau of Labor Statistics said the Consumer Price Index (CPI) rose 0.2% month over month in April, faster than March's 0.1% decline and in line with economists' projections.However, CPI was up 2.3% year over year, slower than the 2.4% consensus estimate and the lowest reading since February...

As the S&P 500 rallies from its depths in early April, technical analysts see reason for both caution and optimism.The market benchmark was up 0.9% to about 5900 in Tuesday afternoon trading. The Nasdaq Composite was up 1.7%. The Dow was down 140 points, or 0.3%, but would be trading higher if not for a steep decline in UnitedHealth.Rich Ross, Evercore ISI's head of technical analysis, called the S&P 500’s sharp recovery the start of a new bull market run that targets 6150 as the index marches back toward its...

The stock market is now higher than before President Trump’s broad and steep tariffs sent share prices into a tailspin. The 10-year government bond yield is now largely in line with where it started the year. On Tuesday, a widely watched measure of inflation nudged lower.Judging from a snapshot of today’s financial markets, it would be easy to conclude that very little had happened over the last four and a half months.As the administration has dialed down its trade offensive, delaying the worst of the tariffs announced on April 2...

US-China tariff pause not enough to compete with Brazil in soybean market, American farmers sayFarmers in the U.S. will still struggle with soybean sales in China even though Washington and Beijing reached a truce in their tariff standoff, American producers said. American farmers told Reuters on Tuesday that Brazil, the top soybean supplier, still holds a competitive price advantage despite the tariff pause between the U.S. and China.  "The tariff that remains in place for U.S. soy is far from inconsequential," Kentucky farmer Caleb Ragland, who is president of the American...

April's Consumer Price Index (CPI) report showed inflation pressures eased in the first month that many of President Trump's tariffs were in effect. The latest data from the Bureau of Labor Statistics showed that consumer prices increased 2.3% over the prior year in April, a slowdown from March's 2.4% and below economists' forecast for 2.4%. This marked the lowest annual increase since February 2021, before a large increase in inflation sparked a Federal Reserve interest rate hiking cycle. On a month-over-month basis, prices increased 0.2%, above the 0.1% decrease seen...

With new tariffs taking effect, many experts are warning about the economic implications they may have. The Federal Reserve Bank of New York estimates a 30% chance of a recession beginning in the next 12 months, according to data released in early May. Analysts at Goldman Sachs and J.P. Morgan put the odds of a recession at 45% and 60%, respectively. Both firms noted that tariff policies, specifically, have increased recession risks for 2025. It's still too early to say where the economy or the stock market may be in...

Vertex Pharmaceuticals (VRTX 3.40%), a leading drugmaker, is performing exceedingly well for the year -- or at least it was, until it released its first-quarter update. The results were not to the market's liking, so much so that they led to a significant post-earnings dip for the stock. Shares are still in the green year to date, but only barely. However, Vertex's past stock-market meltdowns -- and what happened afterward -- might suggest that its most recent drop represents an excellent buying opportunity. Image source: Getty Images. Vertex tends to...

US Stock Market Live: US stock futures are trading marginally in the red after a strong rally on Monday, marking their best single-day gain since April 9, which was the day US President Donald Trump announced a pause to his reciprocal tariff program for 90 days. The Dow futures are down 80 points, while the S&P 500 and Nasdaq futures are down 15 points and 70 points respectively. In regular trading on Monday, the Dow rose nearly 1,200 points after US and China announced that they will reduce tariffs on...

Sensex market crash, Dalal Street volatility, Nifty50 correction, profit booking in Indian markets, Geojit VK Vijayakumar comment, India Pakistan ceasefire effect, US-China tariff rollback, Indian IT sector outlook, pharma sector pressure, stock market short coveringIndian equity markets opened with steep losses on Tuesday, just a day after a euphoric rally, as investors resorted to aggressive profit-taking, triggering extreme intraday volatility. The BSE Sensex plunged 902.68 points to 81,527.22, while the NSE Nifty50 slipped 229.60 points to 24,713.60 during early trade before staging a partial recovery. The sharp swings reflect uncertainty...

US Stock Market Live: US stock futures are trading marginally in the red after a strong rally on Monday, marking their best single-day gain since April 9, which was the day US President Donald Trump announced a pause to his reciprocal tariff program for 90 days. The Dow futures are down 80 points, while the S&P 500 and Nasdaq futures are down 15 points and 70 points respectively. In regular trading on Monday, the Dow rose nearly 1,200 points after US and China announced that they will reduce tariffs on...