archivestock market

Donald Trump bragged that his friend and investor Charles Schwab made two billion dollars from the current stock market chaos.In a video posted to X on Wednesday, 9 April, the president introduced NASCAR drivers to the founder and chairman of Charles Schwab Corporation, a multinational financial services company.“It’s not just a company, it’s actually an individual,” Trump told the racing drivers.The president added that Schwab “made two and a half billion today” from the stock market.The market has experienced dramatic fluctuations since Trump announced historic reciprocal tariffs on foreign nations...

The stock market sold off rapidly over the past few weeks, leading many to label this a stock market crash brought on by President Donald Trump's tariff announcements. Stocks moved down sharply this week as reciprocal tariffs went into effect; they recovered quickly as Trump announced tariff relief on every country except China, but continued to mark additional losses on Thursday. We are a long way from seeing how this all shakes out, but the prevailing notion in the markets is that tariffs will still have a negative effect. However,...

Bombay Stock Exchange (BSE) Equity, currency and debt markets will be closed today, April 10, on account of Shri Mahavir Jayanti. Trading will take place on Friday, April 11, 2025. However, a long weekend is ahead as the market will be closed on April 14, 2025, on account of Dr. Baba Saheb Ambedkar Jayanti. On Wednesday, the benchmark indices ended in red. Sensex closed 379.93 pts 0.51 per cent lower at 73,847.15 and Nifty 50 dropped 136.70 pts or 0.61 per cent to 22,399.15. Sectoral indices except FMCG, consumer durables and...

Peter Berezin told you so — or he tried to, at least.The chief global strategist of BCA Research defied consensus wisdom by predicting late last year that US stocks would sink in 2025 as a full-blown trade war caused a global recession.A few months later, markets have been hit by one of the largest downturns on record caused by unrest from President Donald Trump's tariff policy. Berezin looks brilliant, but he's not gloating."I've been in this business long enough to know that victory laps — more often than not —...

The stock market has been reeling since Trump's "Liberation Day" tariff announcement back on April 2. But even before this shock announcement tipped the Nasdaq into a bear market and sent the S&P 500 down 10% in two trading days, stocks had struggled this year as the reality of Trump's desire to impose tariffs on a wide range of partners and a wide range of goods was increasingly resolute. In turn, investors had spent much of this year searching for the "Trump put," or the level in the stock market...

For more than a century, no asset class has delivered a higher average annual return than stocks. But this doesn't mean the stock market moves from Point A to B in a straight line. Over the last six weeks and change, the iconic Dow Jones Industrial Average (DJINDICES: ^DJI), widely followed S&P 500 (SNPINDEX: ^GSPC), and growth-centric Nasdaq Composite (NASDAQINDEX: ^IXIC) have taken the elevator lower. Since Feb. 19, which is when the S&P 500 hit its all-time closing high, the Dow Jones, S&P 500, and Nasdaq Composite have respectively...

For the second day in a row, the stock market plummeted, marking the worst week since March 2020.Tim Clarkson, Van Clemens financial firm stockbroker and vice president, wants to remind people the markets are volatile and going through difficult periods is a part of the process.Clarkson has been steering clients toward the best financial strategies for 40 years.“Clients have been really nervous now for the last two months, and even more nervous, obviously, when they see the stocks plummeting like this. It’s scary,” Clarkson said. “I’ve been through this many...

Getty Images; Chelsea Jia Feng/BI The stock market is in meltdown mode amid the trade war. Most advice in times like this is, "don't panic," but it can be hard to keep a cool head. Market pros say have some advice if you're worried about your portfolio amid the sell-off. The stock market just capped off a historic two-day plunge amid the panic caused by President Donald Trump's trade war. On Friday, The Dow Jones Industrial Average cratered by more than 2,200 points, the Nasdaq 100 ended in a bear...

Trump fired up global trade tensions by announcing a baseline 10% tariff on all imports starting 5 April, with reciprocal tariffs on specific countries from 9 April. India will be hit with a 27% additional tariff, while China’s rate soars to 54%, up from the previous 20%. Gift Nifty futures took a hit earlier this morning, dropping nearly 2%, while Indian benchmark indices Nifty 50 and S&P BSE Sensex fell 1% in pre-open trade. However, Nifty 50 and Sensex later trimmed some losses, ending the day’s trade 0.35% and 0.42%...

Trump fired up global trade tensions by announcing a baseline 10% tariff on all imports starting 5 April, with additional reciprocal tariffs on specific countries from 9 April. India will be hit with a 27% tariff, while China’s rate soars to 54%, up from the previous 20%. Gift Nifty futures took a hit earlier this morning, dropping nearly 2%, while Indian benchmark indices Nifty 50 and S&P BSE Sensex fell 1% in pre-open trade. However, Nifty 50 and Sensex later trimmed some losses, ending the day’s trade 0.35% and 0.42%...