Tesla Inc. (Symbol: TSLA) closed 5.48% lower at $268.48 as market participants reacted to President Donald Trump’s sweeping 25% tariff on all imported cars and light trucks, set to begin 3 April 2025. TSLA Slides as Trump’s Auto Tariffs Hit Despite Trump’s assurance that the …
The US Dollar Index (Symbol: USDX) remained sideways following comments from chairman Jerome Powell at the Federal Reserve meeting. Trading around 103.22, the USDX showed little reaction to the Fed’s decision to keep interest rates steady. Powell confirmed that two rate cuts …
After a bullish rally on Wednesday, oil prices edged lower on Thursday, retracing as traders weighed intensifying tariff disputes against expectations for stronger seasonal demand. While the rally was primarily fueled by tighter-than-expected oil inventories, tariff uncertainty and OPEC+ output increases add to market …
Gold prices edged above $2,920 per ounce, as markets reassessed the impact of U. S. tariffs on China, Mexico, and Canada. These added jitters to the markets, leading to a weaker U. S. dollar and bolstering the demand for the safe-haven …
Wednesday saw a notable rebound in major U.S. stock indices, with the S&P 500, Nasdaq, and Dow Jones all recording gains, despite mixed performances across sectors and continued concerns over a troubled regional bank. The positive shift in the stock …
Stocks faced a downturn for the second consecutive session, driven by declines in major technology firms like Apple, which saw nearly a 3% drop following a report of decreased iPhone sales in China, leading the Nasdaq Composite down by 1.65%. …
On Monday, the stock market experienced a modest downturn, with the S&P 500 and the Nasdaq Composite retracting from their peak levels despite the surge in technology stocks, fueled by the artificial intelligence boom. The S&P 500 slightly declined by …
On Thursday, the Nasdaq Composite achieved a record close at 16,091.92, its highest since November 2021, driven by a surge in tech stocks, particularly those involved in artificial intelligence. This uplift in the stock market saw the S&P 500 also …
On Wednesday, stocks saw a decline as investors awaited an important inflation report due later in the week, with the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all experiencing losses. Notable decliners included UnitedHealth, Intel, Alphabet, and Urban …
On Tuesday, the stock market displayed mixed outcomes with the S&P 500 and Nasdaq Composite experiencing slight gains, while the Dow Jones Industrial Average faced a minor decline amidst anticipation for upcoming inflation data. Corporate earnings, particularly from Macy’s and …
