Stocks closed sharply lower overnight led by disappointment from Tesla shareholders in Elon Musk getting political again and President Donald Trump’s fresh slew of tariffs including a 25% levy on Japan & South Korea.
a quiet start to the week due to the US markets being closed for the Independence Day holiday.
Stocks closed at another record Thursday in a holiday-shortened session, a day ahead of the Independence Day holiday, as investors digested a stronger monthly jobs report pointing to underlying strength in the economy and chip stocks rallied after the U.S. eased restrictions on China.
Stocks reached a new record overnight, driven by a rebound in technology stocks and renewed optimism over trade agreements.
Stocks fell retreating from record levels after big tech started the third quarter on the back foot as investors weighed up updates on trade and fiscal policy as well as a rise in Treasury yields.
Stocks closed higher overnight, to cap for strong gains for the second quarter as fears over global trade wars recede and bets on sooner rate cuts heat up.
Stocks closed at record highs, as investors danced past the wall of worry, rebounding from an abrupt intraday drop after President Trump ended trade talks with Canada, reigniting fears of a trade war.
The stock market continued to defy logic, rallying a further 1% overnight, underpinned by de-escalating Middle East tensions amid an Iran-Israel ceasefire and remarks by Federal Reserve chairman Jerome that kept the door open to rate cuts.
Stocks gained solidly on Monday, despite volatile trading, as Iran released a “very weak” response to the U.S. strikes on three Iranian nuclear sites over the weekend. Additionally, dovish interest rate commentary from Federal Reserve Governor Michelle Bowman contributed to the bid in stocks.
Stocks closed lower Friday, as weakness in chip stocks offset remarks from a top Federal Reserve official calling for rate cuts as soon as the Fed’s next meeting
Global stock markets declined and the U.S. dollar strengthened as investors sought safe havens amid growing concerns about possible U.S. involvement in the Israel-Iran conflict
Stocks gave up early gains to close lower overnight, after Federal Reserve left interest rates unchanged, but signaled a slower pace of rate cuts ahead as uncertainty about the impact of President Donald Trump’s polices including tariffs continue to muddy the outlook on the economy
