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
Three of the largest banks in the US say one of the year’s best performing assets still has more room to run to the upside. Starting with Bank of America, head of metals research Michael Widmer says that while the precious gold may witness a short-term pullback after hitting a new record high of $3,085,
HUNTSVILLE, Ala. (WAFF) – As market volatility dominates headlines, many investors feel pressure to track daily market movements and compare their portfolios to major indexes like the S&P 500. However, financial expert Marshall Clay with The Welch Group warns that this mindset can lead to unnecessary risks and short-term thinking. The Illusion of Diversification “It’s
Investors’ uber-bullish sentiment for US stocks came to a screeching halt over the past month. In a global survey of 171 participants, Bank of America’s latest Global Fund Manager Survey showed the biggest drop in investor allocation to US equities on record. A team of Bank of America strategists led by Michael Hartnett described the
The future of stock market investing isn’t the stock market. On Monday, Robinhood (HOOD) announced it was launching prediction markets, allowing users to trade the outcome of events, with this week’s Fed meeting and the NCAA tournament serving as the first two markets at launch. Last month, readers might recall, the company sought to launch
China’s stock benchmark closed at its highest since mid-December amid growing optimism for more Beijing policy support and a rising appetite for Chinese names from global investors. Shanghai’s CSI 300 jumped 2.4% as investors dived into consumer stocks. Meanwhile, the Hang Seng China Enterprises index (^HSCE) in Hong Kong finished with a 2.7% gain. China’s
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
Tariff-related concerns have sent stocks reeling over the past month, with the S&P 500 (^GSPC) down about 5% year to date as of Thursday morning. Investors may want to remember that while policy shifts are unsettling, pullbacks of 5% to 10% in the benchmark index are not uncommon. “On average, the index experiences three drawdowns
Will Trump’s tariffs and his assault on the federal government lead to a deeper crash, or even a recession? Market experts advise long-term investors and 401(k) holders to sit tight. By Hank Tucker, Forbes Staff While the last three weeks have been punishing for the stock market, veteran wealth managers are sounding a similar refrain
Data released Wednesday showed activity in the services sector increased in February. The Institute for Supply Management’s services index registered at 53.5 in February, up from January’s 52.8 reading and above the 52.5 economists had expected. Readings above 50 indicate an expansion in activity, while those below 50 reflect a contraction. Meanwhile, the ISM’s prices