archiveScott Bessent

Four times a year, US companies give away more information about their business than they'd like. For investors, this quarterly ritual is a chance to get an update on the state of America's largest companies, the overall economy, and get a certain outline of where things are headed next. But the earnings period is starting to look like it might fall way short of meeting these marks. For one thing, companies are pulling guidance left and right because of uncertainty related to Trump's tariffs. American Airlines (AAL) is just the...

US Stock Market Live: Futures on Wall Street are now in the red, indicating a possible start in the red after two days of gains. Futures tied to the Dow Jones are down 150 points, while those on the S&P 500 and Nasdaq are down 15 points and 80 points respectively. Futures had nearly recovered all their losses, with S&P 500 and Nasdaq futures even turning positive, but turned course yet again. Watch this space for all the Live updates.US Stock Market Live: Futures on Wall Street are now in...

US Stock Market Live: Futures on Wall Street are now in the red, indicating a possible start in the red after two days of gains. Futures tied to the Dow Jones are down 150 points, while those on the S&P 500 and Nasdaq are down 15 points and 80 points respectively. Futures had nearly recovered all their losses, with S&P 500 and Nasdaq futures even turning positive, but turned course yet again. Watch this space for all the Live updates.US Stock Market Live: Futures on Wall Street are now in...

US Stock Market Live: Futures on Wall Street are now in the red, indicating a possible start in the red after two days of gains. Futures tied to the Dow Jones are down 150 points, while those on the S&P 500 and Nasdaq are down 15 points and 80 points respectively. Futures had nearly recovered all their losses, with S&P 500 and Nasdaq futures even turning positive, but turned course yet again. Watch this space for all the Live updates.US Stock Market Live: Futures on Wall Street are now in...

Apr 24, 2025 8:59 AM ISTUS Stock Market Live: Chris Wood Of Jefferies Says 'Best Over For Wall Street'US stocks’ market value has reached its peak and further corrections in equities, Treasury bonds, and the dollar are likely, according to Jefferies’ global head of equity strategy. Investors should consider adding Chinese, Indian and European assets in rebalancing their portfolios, Jefferies’ Christopher Wood said in a phone interview. US stocks’ market capitalization, as a percentage of that of the MSCI All Country World Index, reached its all-time high in late December,...

US Stock Market Live: Benchmark indices on Wall Street gained for the second day in a row on Wednesday, but could not hold on to the initial euphoria of strong gains for two consecutive sessions. Futures this Thursday morning, Indian time, are trading in the red, although the losses are minimal. The Dow futures are currently trading 80 points lower, while those of the S&P 500 and the Nasdaq are trading at the flat line. Watch this space for all the Live updates.US Stock Market Live: Benchmark indices on Wall...

US Stock Market Live: US stocks rose on Wednesday as investors hoped US-China trade tensions would ease. Trump stated his intention not to fire Fed Chair Jerome Powell and expressed willingness to reduce tariffs on Chinese imports.US Stock Market LIVE: Stocks rose on Wednesday as investors hoped US-China trade tensions would ease.The Dow Jones Industrial Average rose 534 points, or 1.4%. The S&P 500 climbed 1.8%, and the Nasdaq Composite rallied 2.7%.Trump said he’s willing to take a less confrontational approach to trade talks with China, noting that the current...

Buying a home in America could get harder. Homebuilder PulteGroup (PHM) warned on its post-earnings conference call that rising tariff costs will pressure home prices, affecting every price point in their markets. “We're in the range of $5,000 on average, and it will impact every single price point and consumer group that we serve. There might be a few minor nuances, but it's pretty broad across the spectrum,” PulteGroup CEO Ryan Marshall told investors and analysts on the company's first quarter earnings call Tuesday morning. The warning comes as PHM...

Buying a home in America could get harder. Homebuilder PulteGroup (PHM) warned on its post-earnings conference call that rising tariff costs will pressure home prices, affecting every price point in their markets. “We're in the range of $5,000 on average, and it will impact every single price point and consumer group that we serve. There might be a few minor nuances, but it's pretty broad across the spectrum,” PulteGroup CEO Ryan Marshall told investors and analysts on the company's first quarter earnings call Tuesday morning. The warning comes as PHM...

The dollar drifted lower on Monday after an early bump off a three-year low, as investor confidence in the world’s reserve currency remained in question following a stream of tariff-related pronouncements from US President Donald Trump.Investors braced for another volatile week as Trump’s imposition and then abrupt postponement of tariffs on goods imported to the US continued to sow confusion.The dollar reversed early gains as the Asian trading session got under way, languishing near a 10-year low against the Swiss franc at 0.8188.Sterling held to most of its 1.7 per...