Category: Stock News

Stock News

Dow soars 500 points after Powell signals a rate cut is on the table, investors ignore global trade tensions – Business Insider

Dow soars 500 points after Powell signals a rate cut is on the table, investors ignore global trade tensions  Business Insider

– US stocks staged an impressive rally Tuesday after Federal Reserve Chairman Jerome Powell suggested the central bank was open to the possibility cutting interest rates. – Investors shrugged off unresolved tensions with key trading partners China and Mexico. – Technology stocks like Facebook and Alphabet rebounded after Monday’s brutal sell-off. – Visit Markets Insider’s homepage for more stories. The major averages soared Tuesday after Federal Reserve Chairman Jerome Powell signaled the central bank was open to the possibility of slashing interest rates in the face of international trad…

Stock News

A full breakdown of where the stock market stands today and whether the tariff pain is priced in – CNBC

A full breakdown of where the stock market stands today and whether the tariff pain is priced in  CNBC

– The nearly 7% drop in the S&P 500 since its April 30 high is masking some deterioration underneath. – Close to one-fifth of all stocks are below their December lows, even though the S&P is up more than 15% since then. – Tim Hayes, chief global investment strategist at Ned Davis Research, says there will be a buying opportunity in the second half, but not until further signs of “panic and capitulation” arise. – One positive with the yield decline is that stocks are again attractively valued compared with bonds. The bad news: The opening of a second trade-war front along the U.S.-Mexico bor…

Stock News

This chart explains why the stock market drop in May is not like the drop in December – CNBC

This chart explains why the stock market drop in May is not like the drop in December  CNBC

There’s a key measure of stock market volatility that shows why this month’s sell-off has been different than the drop in December. The CBOE Volatility Index, or VIX, is sometimes known as “the fear gauge.” The VIX helps measure Wall Street’s expectations for large shifts in the stock market in the coming months by looking at prices on S&P 500 options. The VIX is near 18.50 on Friday – close to its 200 day moving average of 16.98. But despite the S&P 500 index falling more than 6% this month, the VIX has hardly budged. It topped out in May at 23.38 – well below the December high of 36.20, a…

Stock News

Dow drops more than 350 points after Trump threatens new tariffs on Mexico, posts 6-week slide – CNBC

Dow drops more than 350 points after Trump threatens new tariffs on Mexico, posts 6-week slide  CNBC

Stocks fell on Friday as investors feared President Donald Trump’s surprise threat of tariffs on all Mexico imports, amid a worsening trade war with China, could risk sending the U.S. economy into a recession. The Dow Jones Industrial Average closed 354.84 points lower at 24,815.04, while the S&P 500 slid 1.3% to 2,752.06. The Nasdaq Composite dropped 1.5% 7,453.15. The S&P 500 ended the month down 6.6% as volatility spiked after trade talks fell apart with China and rhetoric on both sides worsened in May. “President Trump’s latest trade bombshell … might turn out to be a short-lived threat…

Stock News

Stock Market News: Software-as-a-Service Stocks Diverge as Okta Soars, Nutanix Plunges – The Motley Fool

Stock Market News: Software-as-a-Service Stocks Diverge as Okta Soars, Nutanix Plunges  The Motley Fool

Friday morning was another downer for investors, as the latest U.S. move on the trade front once again disappointed market participants who had wanted to see a less confrontational resolution to disputes with key trading partners. News that importers would have to start paying 5% tariffs on Mexican goods early next month brought a new escalation to concerns within the Americas, only adding to tensions caused by similar aggressions against China. As of 11:40 a.m. EDT, the Dow Jones Industrial Average (DJINDICES: ^DJI) was down 198 points to 24,972. The S&P 500 (SNPINDEX: ^GSPC) dropped 24 po…