The Dow Jones rose slightly on Friday, clipping into fresh weekly highs. Equity markets shrugged off a worse-than-expected print from the UoM Consumer Sentiment Index. Investors are hoping that more clarity will come from the Trump administration on trade. The Dow Jones Industrial Average (DJIA) stepped into fresh weekly highs on Friday after investors shrugged…
The Dow Jones shed around 150 points on Friday, falling back to 41,225. Investors are bracing for geopolitical tensions as the US and China head for initial trade talks. Even a social media post from President Trump pondering 80% tariffs could bolster market sentiment. The Dow Jones Industrial Average (DJIA) followed the broader market lower…
The Dow Jones initally eased to 40,850 after the Fed held rates steady at 4.25-4.5%. Markets broadly anticipated a rate hold, but hope for a policy narrative pivot toward future rate cuts. Hope for imminent rate cuts took a hit after Fed Chair Powell gave a cautious appearance. The Dow Jones Industrial Average (DJIA) eased…
April Nonfarm Payrolls beat consensus at 177K; Unemployment Rate steady at 4.2%, easing recession concerns. Trump pressures Fed to cut rates despite upbeat data; CBOT shows 88 bps of easing priced in. Apple and Amazon fall on China sales miss and cloud growth slowdown despite beating EPS forecasts. The Dow Jones Industrial Average (DJIA) rallied…
The Dow Jones Industrial Average (DJIA) skyrocketed on Wednesday, surging over 6% on the day and returning to the 40,000 handle after the Trump administration announced yet another pivot on its own tariff policies. According to US President Donald Trump, all “non-retaliating” countries will see an immediate 90-day suspension on “reciprocal” and 10% tariffs, although…
Nike stock recovers after Vietnamese leader reaches out to Trump. Trump says he will set a meeting with General Secretary To Lam. NKE stock dropped 14.4% on Thursday in response to Trump’s 46% tariff on Vietnam. Dow Jones Industrial Average sheds 4.6% at the time of writing. Nike (NKE) shares surged over 5% around…
The Dow Jones rose on Tuesday, climbing 250 points as markets digest tariffs. The Trump administration laid out widespread “reciprocal” tariffs. Tariff package includes 25% tariffs on automobiles and car parts. The Dow Jones Industrial Average (DJIA) took a step higher in early Tuesday trading, climbing 350 points and adding 0.85% from the day’s opening…
The Dow Jones recovered around 520 points on Friday. Despite the last-minute pullback, the Dow remains down 1,400 points for the week. Equities shrugged off one of the worst consumer sentiment prints in years. The Dow Jones Industrial Average (DJIA) fought back at the brink on Friday, clawing back roughly 520 points following a string…
Apple stock sinks 3%, moving below the 200-day moving average for the first time in 10 months. Dow Jones index trades lower after Trump initiates a 25% tariff on Canadian steel, aluminum. Bank of America Securities sees plenty of selling in single stock names. Citi Research has lowered its estimate for 2025 iPhone shipments. …
The Dow Jones shed around 575 points on Thursday, as trade war fears resume. The more the Trump administration tries to soothe tariff fears, the worse things get. Market sentiment is still churning despite announced tariff delays and upbeat jobs data. The Dow Jones Industrial Average turned tail and ran on Thursday, in tandem with…