archiveNASDAQ

US stock futures sank as Wall Street girded for President Trump's massive tariffs on key US trading partners to take full effect starting Wednesday. Futures tied to the S&P 500 (ES=F) dropped down 1.8%, while those on the tech-heavy Nasdaq (NQ=F) fell 1.9%. Dow Jones Industrial Average futures (YM=F) sunk 1.5%. Trump's so-called "reciprocal" tariffs — the announcement of which stunned markets last week — are in full effect as of 12:01 a.m. Wednesday. They continue to bring chaos to Wall Street, as stocks ended up on another roller-coaster ride...

US stock futures sank as Wall Street girded for President Trump's massive tariffs on key US trading partners to take full effect starting Wednesday. Futures tied to the S&P 500 (ES=F) were down 1%, while those on the tech-heavy Nasdaq (NQ=F) fell 1.1%. Dow Jones Industrial Average futures (YM=F) slide 1.1%. Trump's so-called "reciprocal" tariffs — the announcement of which stunned markets last week — are in full effect as of 12:01 a.m. Wednesday. They continue to bring chaos to Wall Street, as stocks ended up on another roller-coaster ride...

The dollar has not been immune to the intense volatility that has gripped financial markets this year, particularly in the wake of President Donald Trump’s inauguration last January. That same month, the euro dipped as low as $1.02 amid speculation about potential parity between the two currencies. However, by mid-March, the euro staged a strong rebound, rising to $1.094. The latest blow came with last week’s announcement of the U.S. tariff policy, pushing the dollar down further. The currency is now trading at $1.10 per euro, marking a 6.25% depreciation...

Some of President Trump's prominent backers in the business community are sounding the alarm on his rollout of reciprocal tariffs and the resulting market fallout. Outspoken billionaire investor Bill Ackman, who endorsed the president last July following the assassination attempt on Trump, said in a lengthy post on X late Sunday that, barring Trump calling a "time out" on his tariffs plans, we could be headed for an "economic nuclear winter." "The President has an opportunity on Monday to call a time out and have the time to execute on...

US stock futures fell on Sunday as investors braced for the broadest set yet of President Trump's tariffs to be enacted this week, including an April 2 bonanza that Trump has taken to referring to as “Liberation Day.” Futures linked to the Dow Jones Industrial Average (YM=F) dropped by 180 points, or 0.4%, while S&P 500 (ES=F) and Nasdaq 100 futures (NQ=F) fell by 0.7% and 1.1%, respectively. CBOT - Delayed Quote • USD As of 8:55:50 PM EDT. Market Open. YM=F ES=F NQ=F The stock market is set to...

White House downplays recession fears amid stock market concernsA new poll found that 70% of Americans, including a majority of Republicans, think President Trump's trade policies will push prices higher.Scripps NewsThe stock market has experienced turbulence, with the Nasdaq entering a correction in early March.The S&P 500 is predicted to see a weekly gain after four weeks of losses, while the Dow is on track for its largest weekly gain since January.After the November 2024 election, the stock market hit an all time high, with conservative media pundits claiming that...

As markets attempt to recover from recent sell-off action that's left the S&P 500 (^GSPC) and Nasdaq (^IXIC) in correction territory, one major catalyst this week could make or break a comeback: Wednesday's Federal Reserve policy decision. The central bank is expected to hold interest rates steady in the face of tariff uncertainties and recent growth concerns. But the simultaneous release of the Fed's quarterly forecasts, otherwise known as the Summary of Economic Projections (SEP), along with Fed Chair Jerome Powell's post-decision press conference, will be at the center of...

Recession fears persist amid inflation and trade warsPresident Donald Trump did not rule out the possibility of a recession in a recent Fox News interview, amid his administration's continuing trade war.The U.S. economy may be heading toward a recession due to recent economic policies and global uncertainty.A recession is characterized by a decline in economic activity, including a drop in GDP, increased unemployment, and reduced consumer spending.Experts suggest preparing for a potential recession by building an emergency fund, reducing debt, and diversifying investments.Are we heading for a recession?On Monday, U.S....

The S&P 500 and Nasdaq 100 are hovering near their 200-day moving averages, a key technical support level.The 200-day moving average is an important indicator of potential trend reversals in stocks.Traders believe an immediate bounceback is needed for stocks to avoid further declines.The stock market has entered the danger zone as the S&P 500 and Nasdaq 100 hover near their 200-day moving averages.Both indexes are trading at the key technical support level after a 6% decline in the S&P 500 and a 9% sell-off in the Nasdaq 100 since mid-February.The...