Stock Market

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...

Stock Market Live Updates: Indian equities brace for a roller coaster session on Thursday, April 3, as US President Donald Trump, in the early hours of the day, Indian time, announced sweeping reciprocal tariffs for as many as 60 countries, including India. In response, the US equity futures, led by the Dow Jones, sank as much as 1,100 points, while the S&P 500 and the Nasdaq futures fell 3.5% and 4.5% respectively. Both the Sensex and Nifty 50, along with the broader markets, have been fairly resilient last week amidst...

Stock Market Live Updates: Indian equities brace for a roller coaster session on Thursday, April 3, as US President Donald Trump, in the early hours of the day, Indian time, announced sweeping reciprocal tariffs for as many as 60 countries, including India. In response, the US equity futures, led by the Dow Jones, sank as much as 1,100 points, while the S&P 500 and the Nasdaq futures fell 3.5% and 4.5% respectively. Both the Sensex and Nifty 50, along with the broader markets, have been fairly resilient last week amidst...

By STAN CHOE, AP Business WriterNEW YORK (AP) — U.S. stocks whipped through another dizzying day Wednesday in the final hours before President Donald Trump’s unveiling of the tariffs promised as part of his “ Liberation Day,” which could drastically remake the global economy.The S&P 500 rose 0.7%, but only after careening between an earlier loss of 1.1% and a later gain of 1.1%. It’s had a pattern this week of opening with sharp drops only to finish the day higher.The Dow Jones Industrial Average added 235 points, or 0.6%, and the Nasdaq composite climbed 0.9%. Both also...

Homebuilder stocks edged lower on Wednesday as concerns over President Trump’s big tariff announcement raised fears that higher construction costs could slow the housing recovery. D.R. Horton, Inc. (DHI), the biggest US homebuilder, slid nearly 1% Wednesday morning, while Lennar (LEN) and PulteGroup (PHM) fell 0.7% and 0.4%, respectively. Trump is scheduled to unveil his major tariff plan details at a Rose Garden address this afternoon. Builders have been growing concerned about the impact of these tariffs, especially on materials from China, Canada, and Mexico. Morgan Stanley warns that tariffs...

Homebuilder stocks edged lower on Wednesday as concerns over President Trump’s big tariff announcement raised fears that higher construction costs could slow the housing recovery. D.R. Horton, Inc. (DHI), the biggest US homebuilder, slid nearly 1% Wednesday morning, while Lennar (LEN) and PulteGroup (PHM) fell 0.7% and 0.4%, respectively. Trump is scheduled to unveil his major tariff plan details at a Rose Garden address this afternoon. Builders have been growing concerned about the impact of these tariffs, especially on materials from China, Canada, and Mexico. Morgan Stanley warns that tariffs...