US stocks tanked on Friday as Wall Street grappled with President Trump's escalating trade war and weighed signs of reinvigorated inflation pressures amid souring consumer sentiment. The major averages fell on Friday after the release of a hotter-than-expected Personal Consumption Expenditures index reading,
Friday’s stock market slide will likely cement the S&P 500 and Nasdaq Composite’s seventh weekly decline in nine weeks. The S&P 500 was down 1.8%, putting it down more than 1% on the week. The Nasdaq Composite was down 2.
The risk of a recession is rising in Wall Street's view. Morgan Stanley's CIO says there are a few ways investors can navigate through a slowdown.
U.S. stock futures are edging lower as investors await key inflation data today, and shares of General Motors continue to fall following President Donald Trump's announcement of tariffs on auto imports.
Shares of CoreWeave closed Friday at $40, the same level where the AI statrup priced its offering late Thursday. The offering price came in well below the $47 to $55 range the company had been targeting.
Shares in CoreWeave, a cloud computing company backed by Nvidia, wavered in their market debut Friday, following a $1.5 billion initial public offering that priced below its expected range.
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Friday marks the final trading day of the first quarter, and it's been a doozy. At last check, the S&P 500 was down 4.4% year to date. A few factors have been blamed for the market's weakness over the past few months,
Stocks enter correction territory as credit spreads widen & AI hype fades. Click here to find out more about the U.S. Stock Market.
Wall Street would never admit it, but it might secretly be celebrating as Tax Day approaches. That’s because the U.S. stock market has a positive bias in the few weeks prior to the deadline by which income taxes are due.
Yes — if you’re sitting on extra cash and would like a safe place to stash it at a decent interest rate. Over the long term, a diversified strategy built around stocks will outperform interest-earning accounts.