Bad news should not be good news

Wall Street this week was headed for a solid loss, weighed down by a rout in technology stocks and disappointing retail earnings. However, a dovish signal from Federal Reserve chair Jerome Powell on Friday at the annual Jackson Hole Economic Policy Symposium sparked a...

Trade Progress Drive Markets Higher

Wall Street wrapped up a strong week with the S&P 500 index notching its 14th record close of the year at 6,388.64 points. Sentiment was boosted by positive trade developments and solid quarterly reports. Trump announced a “massive deal” with Japan on...

Looking ahead to 2H of 2025

Wall Street was driven by trade deals and a surprisingly strong June jobs report this week. On Monday, the S&P 500 index topped 6,200 points for the first time ever, ending a tumultuous and turbulent first half of 2025 on a high with a 5.5% advance. Donald Trump...

First of the tariffs to hit consumers soon

Wall Street on Friday notched its best week in over a month, with sentiment almost single handedly being lifted by a surprise U.S. and China trade deal. On Monday, the US and China reached an agreement under which they agreed to significantly reduce their extremely...