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Asia report: Markets bounce back despite Wall Street sell-off

Federal Reserve chair Jerome Powell warned on Wednesday that persistent trade tensions could complicate the central bank’s objectives of controlling inflation and sustaining employment, prompting a risk-off mood in the US market. “Asian markets saw a slight uptick, while the yen weakened as investors responded positively to the initial round of trade talks between the US and Japan,” said TickMill market strategy partner Patrick Munnelly. “Japanese stocks posted modest gains after President Donald Trump announced significant progress in discussions aimed at preventing higher tariffs on Japan. “The yen depreciated following...
Stock Market

VIX index predicts future stock market changes. Here’s how it works.

Stock market uncertainty from President Donald Trump’s tariffs has even casual investors anxiously watching the VIX, commonly called Wall Street’s panic index or fear gauge.The Chicago Board Options Exchange Volatility Index – known as VIX – measures market expectations of stock price changes over the next 30 days, according to Cboe Global Markets, which manages the index.Investors use it to anticipate how stocks will react in stressful economic times, including those caused by tariffs. If VIX activity goes up, the stock market will probably go down.On April 7, the index...
Stock Market

What is causing the stock market to drop? Should I pull my money out?

President Donald Trump riffs on 'old fashioned term' groceriesAfter announcing global tariffs, President Donald Trump riffed on the word "groceries," calling it an "old fashioned" and "beautiful term."President Trump imposed new tariffs on imports, causing investors to worry about a recession.Arizona stocks are mixed, with some companies down sharply and others flat or slightly higher.Investors are advised not to panic and to consider adjusting their investment mix if they are concerned about volatility.Stock markets in the U.S. and around the globe took a beating with the news that President Trump...