Stock Market

President Donald Trump on Wednesday blamed the stock market’s performance on his predecessor.“This is Biden’s Stock Market, not Trump’s,” the president posted to his Truth Social media platform Wednesday morning.“I didn’t take over until January 20th. Tariffs will soon start kicking in, and companies are starting to move into the USA in record numbers. Our Country will boom, but we have to get rid of the Biden ‘Overhang.’ This will take a while, has NOTHING TO DO WITH TARIFFS, only that he left us with bad numbers, but when the...

An update on gross domestic product (GDP) showed a sharp drop in growth with the US economy contracting at an annual rate of 0.3% in the first quarter, according to an advanced estimate released by the US Bureau of Economic Analysis on Wednesday. It was the first negative reading in three years. Economists had expected a drop to 0.1% growth. In the fourth quarter of 2024, real GDP increased 2.4%. The decrease primarily reflected an increase in imports as Trump's tariff push rattled confidence and businesses rushed to stockpile. Along...

US Stock Market Live: The US stock futures continue to remain in cautious mode after a slew of companies suspended or tweaked their full year guidance in light of President Donald Trump's tariff-related uncertainties. Yet, it did not stop Wall Street from reporting another day of gains, continuing their recovery from their respective 52-week low levels. Watch this space for all the live updates.US Stock Market Live: The US stock futures continue to remain in cautious mode after a slew of companies suspended or tweaked their full year guidance in...

Stock Market Today: The Benchmark Nifty-50 index, on a cautious note, ended almost flat (up 0.03%) at 24,335.95 on Tuesday. The Bank Nifty at 55,391.29 also ended marginally lower though metals, Pharma were key losers while IT index gained the most.  The broader indices ended only marginally higher.Trade Setup for WednesdayTh consolidation may continue in the short term, especially as the Nifty 50 index  has yet to give a decisive breakout above 24,550, where the 61.80% retracement level lies. On the lower end, support is placed at 24,250; a breach...

Artificial intelligence (AI) is becoming more and more ingrained in our daily lives, helping us with everything from solving customer service issues to diagnosing medical conditions to picking stocks to buy.It's that last one that is the focus of this article. Given AI's ability to analyze massive amounts of data in a very short amount of time – a feature that requires enormous energy use – the technology is a natural fit for investors, traders, asset management firms and the like.As just one example, most banks and brokers now offer...

US stock futures hovered around baseline as Wall Street braced for a busy day of Big Tech earnings and digested President Trump's latest move on tariffs. Futures attached to the Dow Jones Industrial Average (YM=F) traded flat. Futures attached to the benchmark S&P 500 (ES=F) dipped 0.2%. Futures attached to the tech-heavy Nasdaq Composite (NQ=F) fell 0.4%. Stocks gained ground on Tuesday as investors found new reason to believe that Trump's upbeat stance on tariff negotiations will result in the new duties ultimately being dialed down. Read more: The latest...

US stock futures hovered around baseline as Wall Street braced for a busy day of Big Tech earnings and digested President Trump's latest move on tariffs. Futures attached to the Dow Jones Industrial Average (YM=F) slipped 0.1%. Futures attached to the benchmark S&P 500 (ES=F) dipped 0.3%. Futures attached to the tech-heavy Nasdaq Composite (NQ=F) fell 0.4%. Stocks gained ground on Tuesday as investors found new reason to believe that Trump's upbeat stance on tariff negotiations will result in the new duties ultimately being dialed down. Read more: The latest...

Biggest S&P 500 Movers on Tuesday 1 minute ago Advancers SBA Communications (SBAC), a real estate investment trust (REIT) focused on telecommunications infrastructure, posted better-than-expected first-quarter revenue, boosted by strength in its domestic leasing business. The firm also boosted its full-year outlook and announced a new $1.5 billion share repurchase plan, and several analysts lifted their price target on the stock, highlighting an improving growth outlook. Shares of SBAC advanced 6.8%, gaining the most of any S&P 500 stock on Tuesday. Shares of computational software provider Cadence Design Systems (CDNS)...

Home prices rose again in February as limited supply continued to prop up the market amid high mortgage rates and affordability challenges. The S&P CoreLogic Case-Shiller National Home Price Index rose 0.3% over the prior month in February on a seasonally adjusted basis, easing from the 0.5% monthly gain recorded in January. On an annual basis, prices nationally increased 3.9%, less than the 4.1% seen in January. The index tracking home prices in the 20 largest US cities rose 0.4% in February from January, matching the monthly Bloomberg consensus estimate....

Breadth thrust buy signals? Check. A collapse in volatility? Check.To many chart readers, it seemed like the latest technical signals were pointing to a fresh and lasting upswing in the stock market — but not so fast.The S&P 500 is approaching key resistance levels that could unleash a wave of selling and increase volatility in the near term.Since the benchmark index rallied 14% from tariff-induced lows earlier this month, it is fast approaching its declining 50-day moving average and 200-day moving average.When the stock market is in a downtrend, as it...