Stock Market

It turns out there's a reason Federal Reserve Chair Jerome Powell always wears a purple tie at his press conferences. "At the beginning, the only significance was that I liked purple ties," Powell quipped during a moderated Q&A interview on Friday. "But I will say, for the next press conference, I reached for a blue tie or a red tie, and , 'Maybe not, you know?'" Powell said the importance of Fed independence served as a key catalyst for his color selection. Historically, "red" is a color most often associated...

Tariffs or no tariffs, you need a core holding to carry you through the next 30 years. Our sortable scorecard of 52 Best Buys will take you to it. Buy the dip? That takes some fortitude, when world trade is on the verge of collapse, consumers are frightened and businesses can’t plan anything. The U.S. stock market, as measured by the Vanguard Total Stock Market fund, sank a convulsive 5% yesterday. But don’t see the crash as a buying opportunity, or as a selling opportunity either. Take it as a...

President Donald Trump doubled down on his global tariffs Thursday, likening the U.S. economy to a ‘very sick’ patient who came out of an operation. “It’s gonna be a booming country, very booming country. It’s going to be amazing, actually,” Trump said to reporters aboard Air Force One on his way down to one of his Florida golf clubs. President Donald Trump doubled down on his global tariffs Thursday, likening the U.S. economy to a ‘very sick’ patient who came out of an operation. “It’s gonna be a booming country,...

Investors fear that the tariffs will cause inflation to accelerate and economic growth to slow.Financial advisors urge caution, noting that many of the effects are yet to be seen.“Right now, there are so many questions,” Catherine Valega, a wealth manager at Burlington-based Green Bee Advisory. “We’re talking about US exceptionalism — is that over? Maybe.“One analyst worries about a more dire outcome.“The only positive is you have to believe this will not stay in its current form,” said Dan Ives, a research analyst at Wedbush Securities, based in Los Angeles....

President Donald Trump riffs on 'old fashioned term' groceriesAfter announcing global tariffs, President Donald Trump riffed on the word "groceries," calling it an "old fashioned" and "beautiful term."President Trump imposed new tariffs on imports, causing investors to worry about a recession.Arizona stocks are mixed, with some companies down sharply and others flat or slightly higher.Investors are advised not to panic and to consider adjusting their investment mix if they are concerned about volatility.Stock markets in the U.S. and around the globe took a beating with the news that President Trump...

President Trump's shocking tariff announcement on Wednesday has markets reeling as investors, economists, and the public try to make sense of how these actions will weigh on the US and global economies in the months ahead. In a note to clients on Thursday, economists at Wells Fargo led by Brendan McKenna wrote, "Liberation Day will also be a strong test of our deglobalization and fragmentation view." The firm added (emphasis added): While Trump's new tariff program announced Wednesday may well be the start of what Wells Fargo calls an "escalate...

As markets sold off late Wednesday, President Trump touted the domestic investments from Big Tech as companies like Apple (AAPL), Nvidia (NVDA), and others pledge billions to expand their respective footprints in the United States. "Apple is going to spend $500 billion. They never spent money like that here," Trump said, referencing the company's plans to invest in its US operations over the next four years, which will include plans to build a new manufacturing factory, double its advanced manufacturing fund, and hire 20,000 people. Apple (AAPL) shares still fell...

Let's end the suspense. If you'd invested $10,000 in Tesla 10 years ago, you would have an incredible $215,600 at recent prices, an annualized growth rate of nearly 36%. Tesla (TSLA 5.47%) is the second-best-performing "Magnificent Seven" stock over the last decade, behind only Nvidia, and its return over the period is a reminder of how much value CEO Elon Musk's company has generated for investors. The question is whether that can continue into the next decade. The next move forward for Tesla A decade ago, an investor might have...

The S&P 500 (SNPINDEX: ^GSPC) rocketed higher after Donald Trump won the presidential election in November. Many analysts issued optimistic forecasts for the U.S. stock market based on expectations that tax cuts and deregulation should boost economic growth. However, the S&P 500 has lost its post-election gains and then some. Recession fears have resurfaced as President Trump has forged ahead with the aggressive changes to trade policy outlined during his campaign. The S&P 500 is currently 8% below its record high and nearly 3% below where it closed on election...

As markets sold off late Wednesday, President Trump touted the domestic investments from Big Tech as companies like Apple (AAPL), Nvidia (NVDA), and others pledge billions to expand their respective footprints in the United States. "Apple is going to spend $500 billion. They never spent money like that here," Trump said, referencing the company's plans to invest in its US operations over the next four years, which will include plans to build a new manufacturing factory, double its advanced manufacturing fund, and hire 20,000 people. Apple (AAPL) shares still fell...