Some of President Trump’s prominent backers in the business community are sounding the alarm on his rollout of reciprocal tariffs and the resulting market fallout. Outspoken billionaire investor Bill Ackman, who endorsed the president last July following the assassination attempt on Trump, said in a lengthy post on X late Sunday that, barring Trump calling
US stock futures fell on Sunday as investors braced for the broadest set yet of President Trump’s tariffs to be enacted this week, including an April 2 bonanza that Trump has taken to referring to as “Liberation Day.” Futures linked to the Dow Jones Industrial Average (YM=F) dropped by 180 points, or 0.4%, while S&P
Wall Street ended the week with another sharp decline for major stock market indices as investors continued to register concern about Donald Trump’s tariffs and weak consumer sentiment. The Dow Jones Industrial Average, S&P 500 and Nasdaq all declined by between 1.7% and 2.7%. The tech-heavy Nasdaq bore the brunt of the damage, with Big
Thrivent Financial for Lutherans lowered its position in shares of Vanguard Short-Term Treasury Index ETF (NASDAQ:VGSH – Free Report) by 19.7% during the fourth quarter, HoldingsChannel reports. The firm owned 44,568 shares of the company’s stock after selling 10,901 shares during the period. Thrivent Financial for Lutherans’ holdings in Vanguard Short-Term Treasury Index ETF were
As markets attempt to recover from recent sell-off action that’s left the S&P 500 (^GSPC) and Nasdaq (^IXIC) in correction territory, one major catalyst this week could make or break a comeback: Wednesday’s Federal Reserve policy decision. The central bank is expected to hold interest rates steady in the face of tariff uncertainties and recent
Investors have turned to a “safe haven” commodity which has soared in value as markets across the globe tumble in response to Donald Trump’s tariffs. The United States President imposed sweeping 25 per cent tariffs on all steel and aluminium on Wednesday, sparking retaliatory tariffs from the European Union, alongside 25 per cent tariffs on
President Donald Trump has taken a different approach to the stock market during his second term in office. Namely: he appears to have outsourced the responsibility. And after a sharp sell-off across the stock market on Monday saw post-election gains across the major indexes and several key tech stocks that have powered the market wiped
Keybank National Association OH reduced its position in Vanguard Short-Term Treasury Index ETF (NASDAQ:VGSH – Free Report) by 3.4% in the 4th quarter, HoldingsChannel reports. The firm owned 6,606 shares of the company’s stock after selling 234 shares during the period. Keybank National Association OH’s holdings in Vanguard Short-Term Treasury Index ETF were worth $384,000
President Donald Trump has taken a different approach to the stock market during his second term in office. Namely: he appears to have outsourced the responsibility. And after a sharp sell-off across the stock market on Monday saw post-election gains across the major indexes and several key tech stocks that have powered the market wiped
The S&P 500 and Nasdaq 100 are hovering near their 200-day moving averages, a key technical support level. The 200-day moving average is an important indicator of potential trend reversals in stocks. Traders believe an immediate bounceback is needed for stocks to avoid further declines. The stock market has entered the danger zone as the