On Friday, the stock market saw some significant shifts, with certain companies standing out for better or worse. Accenture, a big name in professional services, saw its shares drop by 6. 9%. Why? Their bookings for the last quarter didn't meet what analysts were expecting. Even though their sale
The stock market took a hit on June 17, 2025. Investors were worried about the ongoing conflict in the Middle East. The Israel-Iran conflict had been going on for five days. This uncertainty made investors nervous, leading to a drop in stock prices. The Dow Jones Industrial Average fell by 299.
The Federal Reserve faces a tricky situation. The economy is doing pretty well, but there are some worrying signs. Inflation is going down, and unemployment is low, at 4. 2%. But here’s the twist: President Trump’s tariffs might make inflation go up and slow down growth. So, what’s the Fed to do? Th
Consumer spending took a hit in May, with retail sales dropping by 0. 9\%. This decline was worse than the predicted 0. 6\% decrease, according to seasonally adjusted figures. The slowdown was largely due to a drop in gas sales and growing economic uncertainty. This dip followed a modest 0. 1\% decr
In April, the housing market took a hit. Sales of existing homes slowed down to a pace not seen since 2009. This drop happened despite a growing number of jobs in the economy. The slowdown is due to high interest rates and a lack of confidence among buyers. The National Association of Realtors repor
Wednesday's trading session saw a slight uptick in stock prices, driven mainly by the tech industry. This rise comes as investors are hopeful about extending the market's recent recovery. The S&P 500 and Nasdaq Composite saw gains of 0. 2% and 0. 7%, respectively. Meanwhile, the Dow Jones Industrial
The latest numbers are in, and it looks like people in the U. S. had a bit more cash to spend in March 2025. Personal income saw a boost of $116. 8 billion, which is about a 0. 5% increase from the previous month. This means that after taxes, folks had around $102. 0 billion more to play with, and t
The financial world is gearing up for a busy week. Investors are keeping a close eye on the market as the first-quarter earnings season hits its peak. More than 180 companies from the S&P 500 are set to reveal their quarterly results. Among them are tech giants like Amazon, Apple, Meta Platforms, an
The upcoming week is packed with significant events that could shake up the financial world. First off, President Trump will reach his 100th day in office on Wednesday. This milestone comes at a time when his trade policies have stirred up quite a bit of uncertainty in the stock market. Investors
The stock market's recent upswing is losing momentum. Friday's trading saw a mix of gains and losses, wrapping up a week of volatility. The S&P 500 dipped slightly, with nearly three-quarters of its stocks falling. The Dow Jones Industrial Average dropped by 237 points, or 0. 6%, while the Nasdaq
