Markets were getting back on track until a war broke out
Wall Street on Friday plummeted, giving up all its gains for the week and ending in the red. The decline was due to a sharp escalation between Israel and Iran, with both countries trading missile strikes and stoking concerns of a war in the Middle East. There are real...
Tariff de-escalation with China powers the market ahead
Wall Street on Friday closed out a solid week of gains on a high note, with the S&P 500 index reclaiming the 6,000 points level for the first time since late February. After tensions between the U.S. and China escalated following Trump's accusation that China had...
An uncomfortable rally in the markets
Wall Street on Friday posted its best monthly advance since November 2023. The benchmark S&P 500 index soared 6.2% for May, as markets recovered from Donald Trump's tariff shock delivered on "Liberation Day" in April. In terms of economic data, the highlights of...
Tax cut kicks the “deficit can” down the road
An economy facing possible indigestion from big increases in tariffs now is contending with a second headwind: potential fallout from a rise in government borrowing costs. Earlier this week, Moody’s downgraded the United States’ credit rating, stripping the United...
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...
Hoping for a good ending to a bad movie
Markets enjoyed a nine day rally this week, before pausing amid mixed signals around tariffs and earnings. While certain sectors continue to show strength, global trade relations present a complex picture, with both advancements and ongoing tensions. Wall Street on...
When the tweets stop, markets returns to normalcy
Wall Street closed out a strong week on a historic note, with the S&P 500 index on Friday notching a nine day win streak—its longest such run since November 2004. Sentiment was boosted by some solid quarterly earnings and positive rhetoric on tariffs and trade,...
The Embrassment – Vladimir, STOP!
Wall Street powered to its second best weekly advance of 2025 on Friday, with the S&P 500 jumping nearly 5%. After wobbling on Monday, markets staged a four day rally as sentiment was boosted by Donald Trump significantly dialing back his aggressive rhetoric...
First clear signs of the impact of tariffs
he S&P 500 index has now notched seven negative weeks out of nine, as tariff developments continue to sour sentiment. The U.S. and China's trade war continued to heat up after chipmakers Nvidia and AMD disclosed billions in inventory write offs due to the tariffs....