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Tesla (NASDAQ:TSLA) gained attention after securing a transportation charter-party carrier permit from the California Public Utilities Commission, marking a step toward launching its robotaxi service in California. Conversely, Bloomberg reported that Morgan Stanley (NYSE:MS) plans to cut approximately 2,000 employees later this month as …
On Monday, the Dow rose 0.85%, the S&P 500 gained 0.64%, and the Nasdaq edged up 0.31%, with 10 of 11 S&P sectors closing higher. Despite gains, the Nasdaq remains in a correction, down over 11% from a recent high. Weak retail sales data …
The Dow dropped 3.1% last week, its worst performance since 2023, amid Trump’s escalating tariffs and recession fears. Markets now look to U.S. retail sales data for consumer spending insights and the Federal Reserve’s policy decision on Wednesday, where rates are expected to remain …
U.S. stock futures rose on Friday, following a tumultuous session where the S&P 500 entered correction territory due to investor concerns over President Trump's tariff plans. By early Friday, S&P 500 futures were up 0.5%, Nasdaq 100 futures rose 0.6%, and Dow futures climbed …
The S&P 500 and Nasdaq rose 0.49% and 1.22%, respectively, on Wednesday, ending a two-day losing streak, while the Dow fell 0.2% for its third straight decline. Tech stocks led the rebound, driven by Nvidia (+6.4%), Tesla (+7.6%), and Meta (+2.3%). The rally was …
US markets fell Tuesday, with the Dow (-1.14%), S&P 500 (-0.76%), and Nasdaq (-0.18%) declining. All 11 S&P 500 sectors ended lower, led by industrials, consumer staples, and healthcare. Tech giants Apple (-2.9%), Alphabet (-1.1%), and Oracle (-3.1%) saw losses. Sentiment weakened after Trump …
On Monday, US stocks saw sharp declines, with the Dow down 2.08%, the S&P 500 falling 2.7%, and the Nasdaq dropping 4% to multi-month lows. Megacap tech stocks, including Tesla (-15.4%) and Nvidia (-5.1%), led the selloff. Concerns over inflation and recession risks grew …
Former President Trump did not rule out a recession, calling the economy a "period of transition," while Fed Chair Powell noted rising uncertainty. Traders await key inflation data as jobs data signals a cooling labor market. Megacap stocks, including Apple, Microsoft, Nvidia, Amazon, Meta, …
US stocks fell sharply on Thursday amid trade policy concerns, with the S&P 500 (-1.78%), Nasdaq (-2.61%), and Dow (-0.99%) hitting multi-month lows. Tech stocks led the decline, as Marvell Technology plunged 19.8% on weak AI sales forecasts, dragging down Nvidia (-5.7%), Broadcom (-6.3%), …
US futures declined on Thursday, reversing gains from the previous session, as investor sentiment remained fragile amid tariff concerns. The Trump administration delayed auto tariffs on Mexico and Canada by a month for USMCA-compliant vehicles, but trade policy uncertainty continued to weigh on markets. …
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