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...

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...

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...

Economic downturns are a part of life. Whether it’s a minor dip in the stock market or something that was as financially devastating as the Great Recession or the COVID-19 pandemic, everyone needs to be financially prepared for whatever may happen. Now, one prominent financial expert is sounding the alarm. In a post on X, “Rich Dad Poor Dad” author Robert Kiyosaki predicted that the stock market is going to crash — and soon. Read Next: Robert Kiyosaki Is Dumping Gold and Silver: Here’s What He’s Buying Instead Check Out:...

Stock market holiday: The Indian stock market experienced a strong pullback during Friday's session. Dalal Street investors keep their fingers crossed whether the uptrend will continue next week as the Nifty 50 index has closed above 22,800. Despite a truncated week, this rise could become possible after the unexpected shift in Trump's tariff policy. However, next week will also be truncated as two stock market holidays will fall next week. According to the stock market holidays 2025 list on the BSE and NSE websites, no trading activity will occur at...

Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. Following President Donald Trump’s announcement of global tariffs during his April 2 “Liberation Day” speech, stock markets around the world plunged sharply. The S&P 500 suffered its most significant one-day drop since the COVID-19 pandemic, while the Dow Jones Industrial Average fell 1,500 points on back-to-back days, marking the steepest decline in its 127-year history. Then on Wednesday, Trump partially backtracked, pausing certain tariffs for 90 days (with the...

Stock market uncertainty from President Donald Trump’s tariffs has even casual investors anxiously watching the VIX, commonly called Wall Street’s panic index or fear gauge.The Chicago Board Options Exchange Volatility Index – known as VIX – measures market expectations of stock price changes over the next 30 days, according to Cboe Global Markets, which manages the index.Investors use it to anticipate how stocks will react in stressful economic times, including those caused by tariffs. If VIX activity goes up, the stock market will probably go down.On April 7, the index...

Every so often, we get a crisis in the stock market. U.S. stock indexes dropped significantly in 2020 because of the COVID-19 pandemic and again in 2023 when the Federal Reserve started raising interest rates. Now we have tariffs.Time will tell how this shakes out, but if we look back, there are some lessons in history worth reviewing.Stock market lessonsThe U.S. stock market has been incredibly resilient. Whether it’s a weather disaster, terrorist attack, war, pandemic or some other crisis, we have survived. Subscribe to Kiplinger’s Personal Finance Be a...

Stocks aren't the only thing that have collapsed in short order over since Trump's tariffs have taken effect.The University of Michigan's Consumer Sentiment preliminary April data released on Friday revealed astounding declines in how consumers feel about the economy.Many of the gauges in the survey have seen sentiment deteriorate to levels seen in prior economic fiascos.Consumers' unemployment expectations for the next 12 months have spiked. Actual year-over-year change in unemployment usually follows suit. Pantheon Macroeconomics Consumer expectations about the economy in the short- and long-terms, as well as about their...

The emerging theme from this week's tariff-sparked whiplash on Wall Street is whether the volatility in US bonds and the dollar signals waning appetite for US assets and their roles as safe-haven assets. The US Dollar Index (DX-Y.NYB), a key measure of the dollar’s strength against a basket of major currencies, fell below the 100 level to its weakest point since April 2022. Meanwhile, the 10-year yield (^TNX) surged to its highest level since February to trade at around 4.53%, a massive 66 basis point swing from Monday's low of...