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Stock Market

Dow, S&P 500, Nasdaq futures climb as Trump escalates tensions with the Fed

US stock futures edged slightly up on Tuesday following a bruising day on Wall Street, marked by renewed criticism of Federal Reserve Chair Jerome Powell by President Trump. Futures attached to the Dow Jones Industrial Average (YM=F) climbed 0.8%. Futures for the benchmark S&P 500 (ES=F) ascended 0.9%, while futures for the tech-heavy Nasdaq Composite (NQ=F) advanced 1%. CBOT - Delayed Quote • USD As of 5:47:24 AM EDT. Market Open. YM=F ES=F NQ=F On Monday, stocks tanked as Trump took to social media to say that the US economy...
Stock Market

Dow, S&P 500, Nasdaq futures hold steady after Trump escalates tensions with Fed

US stock futures traded flat after a bruising day on Wall Street, marked by renewed criticism of Federal Reserve Chair Jerome Powell by President Trump. Futures attached to the Dow Jones Industrial Average (YM=F), the benchmark S&P 500 (ES=F), and the tech-heavy Nasdaq Composite (NQ=F) dipped 0.1%. CBOT - Delayed Quote • USD As of 9:39:30 PM EDT. Market Open. YM=F ES=F NQ=F On Monday, stocks tanked as Trump took to social media to say that the US economy would slow unless Powell cuts interest rates now, calling the Fed...
Stock Market

Dow sinks 1,100 points, S&P 500, Nasdaq tank with Trump’s tariffs, Powell bashing in focus

Hertz (HTZ) shares tumbled 11% Monday morning, giving back gains from last week’s rally sparked by Bill Ackman’s hedge fund taking a significant position in the rental car giant. Ackman, the CEO of Pershing Square Capital Management, shared on social media that his company had built a 19.8% stake in Hertz after accumulating shares since late last year. Hertz stock surged on Wednesday after Pershing Square disclosed its 12.7 million share stake, fueling investor speculation about the high-profile fund's view of the struggling company. The rental company reported a loss...
Stock Market

Dow sinks 1,200 points, S&P 500, Nasdaq tank with Trump’s tariffs, Powell bashing in focus

Hertz (HTZ) shares tumbled 11% Monday morning, giving back gains from last week’s rally sparked by Bill Ackman’s hedge fund taking a significant position in the rental car giant. Ackman, the CEO of Pershing Square Capital Management, shared on social media that his company had built a 19.8% stake in Hertz after accumulating shares since late last year. Hertz stock surged on Wednesday after Pershing Square disclosed its 12.7 million share stake, fueling investor speculation about the high-profile fund's view of the struggling company. The rental company reported a loss...
Stock Market

Dow drops 950 points, S&P 500, Nasdaq tumble as Trump bashes Fed’s Powell again

Hertz (HTZ) shares tumbled 11% Monday morning, giving back gains from last week’s rally sparked by Bill Ackman’s hedge fund taking a significant position in the rental car giant. Ackman, the CEO of Pershing Square Capital Management, shared on social media that his company had built a 19.8% stake in Hertz after accumulating shares since late last year. Hertz stock surged on Wednesday after Pershing Square disclosed its 12.7 million share stake, fueling investor speculation about the high-profile fund's view of the struggling company. The rental company reported a loss...