The Dow Jones Industrial Average is down 368 points this afternoon, erasing earlier gains that followed a softer-than-expected consumer price index (CPI) reading for February.
A vivid illustration of just how deeply sold the big ETFs are, by way of the standard trio of exponential moving averages, which are already in the process of crossing under.
Thirty-three percent of the 12,000 respondents surveyed so far believe the fears are overblown, but 31% opined that the U.S. is heading for a recession accompanied by too many warning signs.
Bill Adams, chief economist for Comerica Bank, said that inflation is moving in the "right direction," making it more likely that the Fed will cut rates.
Core inflation, which excludes food and energy prices, rose 0.2% in February and increased 3.1% over the last 12 months. According to a Bloomberg report, the core CPI increase is the smallest since April 2021.
Alphabet’s rumored purchase of eye-tracking technology company AdHawk Microsystems will likely give the former a big push into headsets and smart glasses.
Global trade tensions kept markets on edge Tuesday, with stocks swinging violently before ultimately closing in the red—despite flickers of optimism in U.S.-Canada trade talks.
New tariffs from Trump roil the market (again)… the case for a bullish bounce… a key bearish line-in-the-sand… our experts are buying… a critical perspective
The stock has now erased all gains from Trump's election victory in November, when investors bet Musk's ties to the president would benefit the EV maker.
Markets bounced back in early afternoon trading Tuesday as Ukraine signaled its readiness to accept a U.S.-backed proposal for a 30-day ceasefire, an agreement that could be extended if both sides comply.
Markets made another big move lower today, and everyone’s waiting to sell the next bounce. Sounds easy, but how do you time the entry? That’s easy – here are (2) ways to time the perfect pullback tomorrow morning!
