The stock market in the US had a wild ride on Monday. This happened after President Trump's tariffs on imports kicked in. These tariffs are a 10% tax on goods coming into the country. The market opened with a big drop. At one point, the S&P 500 fell into what's called a bear market. This means it dropped 20% from its highest point recently. This is a big deal because...
The stock market took a hit on a Thursday. This was the first day of trading after a major announcement. The news? President Trump had declared a 25% tariff on imported cars and car parts. This move is expected to spark a global trade war and drive up the cost of vehicles. The Dow Jones Industrial Average dropped by 250 points, or 0. 5%. The S&P 500 also fell by 0. ...
The stock market took a nosedive on a Thursday, with the S&P 500 officially entering a correction territory. The Dow Jones Industrial Average dropped by 537 points, or 1. 3%, while the S&P 500 fell by 1. 39% and the Nasdaq Composite declined by 1. 96%. What caused this sudden plunge? President Trump's latest trade war escalation, this time targeting the European Uni...
The stock market took a nosedive recently, with all three major indexes opening much lower than usual. This happened after President Trump hinted at a possible recession during an interview. He mentioned that the economy is going through a "transition period" but wouldn't confirm or deny a recession. This uncertainty sent shockwaves through the market, with the Dow, ...
Stocks in the US took a hit on Thursday, with all three major indexes finishing lower. The Nasdaq, in particular, found itself in correction territory, down 10% from its December high. This wasn't the only bad news for investors. The Dow and S&P 500 are having their worst week since September 2024 and March 2023, respectively. Investors are feeling the pressure of un...
Since the start of 2025, investors have been feeling the heat. The optimism that greeted the new year has faded, and the stock market is feeling the pinch. US stocks have been lagging behind their European and Chinese counterparts. Bitcoin, which had a wild ride during Trump's inauguration, has also taken a hit, dropping about 17% in the past month. The stock ma...
Imagine this: you're a big tech company in the U. S. , riding high on the AI wave. Then, out of nowhere, a little-known Chinese startup called DeepSeek shows off a chatbot that's as good as yours, but way cheaper. That's what happened, and it sent shockwaves through the U. S. stock market. Companies like Nvidia, Broadcom, and even Oracle took a beating. Their stocks ...
Before the sun even rose on Wednesday, U. S. stock futures were painting a dramatic picture. The Dow Jones Industrial Average futures jumped by over a thousand points, or 3. 2%, while the S&P 500 and Nasdaq futures weren't far behind, rising by 2. 3% and 1. 7%, respectively. What triggered this sudden surge? The news that former President Donald Trump was projected t...