Stock Market

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...

(InvestigateTV) — Gallup reported that 62% of Americans are invested in the stock market, many through their 401(k) or IRA retirement accounts.Retirement accounts are generally long-term investments, meaning people have time to watch their money grow and ride out market volatility.Michael Joyce with CW Advisors said that’s exactly why investors shouldn’t panic when they see the stock market fluctuate.He said that how close someone is to retirement should influence their approach to risk. “I think it’s important to look what’s inside of the various investment choices in your 401(k) plan,”...

Get Starting PointA guide through the most important stories of the morning, delivered Monday through Friday.FAST FOODMcDonald’s plans summertime hiring bingeMcDonald’s Corp. and its franchisees plan to recruit as many as 375,000 workers across the United States this summer in what the burger chain says is its biggest hiring spree in years. The Big Mac seller is gearing up to serve more customers as the weather warms up and the company expands, according to an announcement Monday. McDonald’s said in 2023 that it would open 900 US locations over the...

Investors worldwide are assessing the US-China deal to reduce their hefty rates of reciprocal tariffs, slashed by 115 percentage points to 10% on both sides. Aaron Hill, FP Markets' chief analyst This "marks a pivotal moment in global trade dynamics. However, the 90-day timeframe indicates these tariff cuts are a negotiation tactic rather than a permanent resolution, creating uncertainty about long-term trade policies." Kenneth Broux, Societe Generale senior FX and rates strategist "There is a de-escalation between China and U.S. resulting in a reduction of tariff on Chinese goods to...

U.S. stocks are leaping Monday after China and the United States announced a 90-day truce in their trade war. They agreed to take down most of their tariffs that economists warned could start a recession and create shortages on U.S. store shelves. The S&P 500 was 2.6% higher in early trading and back within 5.5% of its all-time high set in February. Since falling nearly 20% below that mark last month, the index has been roaring higher on hopes that President Donald Trump will lower his tariffs after reaching trade deals with other countries. The...