Week in Review

Concerns over trade tariffs continue to rattle financial markets, fueling economic uncertainty and sparking heightened volatility across asset classes. President Donald Trump initially proposed a 25% tariff on imports from Mexico and Canada starting from Tuesday, but later excluded automobiles...

Wall Street hit new records as Donald Trump began his second term as 47th U.S. president this week. The S&P 500 index — as tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY) — climbed above 6,100 points, surpassing its previous December peak and marking a second consecutive week of gains,...

With the start of the new year, investors bid farewell to the Santa Claus Rally, as the U.S. stock market extended its weak momentum into January, logging five consecutive losing sessions, the longest negative streak since April. Just weeks before Donald Trump's second presidential term begins, a...

Wall Street experienced a sharp reality check this week as the post-election rally following Donald Trump‘s victory unraveled. Major indices fell in unison as investors reassessed the economic outlook in light of potential policy shifts. Republicans secured a majority in the House of...

With the presidential election just two weeks away, investor risk appetite is taking a pause, resulting in a broadly flat week for Wall Street. Election uncertainty continues to loom large among investors as concerns persist over fiscal policies and potential trade disruptions due to tariffs....

The S&P 500 and Dow Jones Industrial Average both achieved record highs this week. A strong kickoff to the third-quarter earnings season fueled both indexes, offsetting concerns from last month's unexpected inflation surge. JPMorgan Chase & Co. (NYSE:JPM), Wells Fargo & Co. (NYSE:WFC),...

It was a relatively flat week for major stock indices as traders opted for caution following the rallies of recent weeks and amid intensifying conflict in the Middle East. On Tuesday, Iran launched a barrage of missiles at Israel, retaliating after Israeli forces announced the killing of Hezbollah...

The S&P 500 Index, as tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY), declined for the third consecutive week, while the Nasdaq 100 tumbled into a market correction phase, suffering a 10% drawdown from its all-time highs hit last month. Statements from Fed Chair Jerome Powell hinting at a...

The tech earnings season started with disappointments for investors as shares of the Magnificent Seven companies all declined during the trading week. Alphabet Inc. (NASDAQ:GOOGL) reported stronger-than-expected earnings and revenue, but missed analysts’ targets on YouTube advertising revenue...

Consumer price index data this week provided encouraging signs that American inflation is moving ever closer to the Federal Reserve’s much-discussed 2% target. This fueled speculation about interest rate cuts. The annual inflation rate dropped more than expected to 3% in June 2024, reaching...

Equity markets continued their positive momentum, marking another week of gains since the rally began at the end of October 2023, buoyed by diminishing economic concerns. The Federal Reserve’s preferred measure of inflation, the Personal Consumption Expenditure price index, fell as expected...

Last weekend was buzzing with a flurry of activity in the cryptocurrency market. From a prediction of Dogecoin kickstarting ‘meme season’ to a stern warning about Bitcoin’s fall, the crypto world was abuzz with news and updates. Here’s a roundup of the top stories that made...

The week was teeming with significant events. From an unexpected diplomatic proposal by North Korea to a stern legal ruling against former President Donald Trump, it was a whirlwind. The political landscape was not left behind, with notable comments from Chris Christie and David Cameron. On the...

As the week draws to a close, let’s look back at some of the top stories that shaped the world of artificial intelligence (AI). From Elon Musk’s criticism of OpenAI to Apple’s innovative AI tool, Nvidia’s market cap triumph, strategic portfolio adjustments by Ark Invest, and...

The past week was rife with developments surrounding Apple Inc. (NASDAQ:AAPL). From the security alarm raised by the debut of the ‘GoldDigger’ Trojan on iOS to the mixed reactions trailing the Vision Pro headset, Apple was at the center of tech conversations. Here’s a...