The emerging theme from this week’s tariff-sparked whiplash on Wall Street is whether the volatility in US bonds and the dollar signals waning appetite for US assets and their roles as safe-haven assets. The US Dollar Index (DX-Y.NYB), a key measure of the dollar’s strength against a basket of major currencies, fell below the 100
US stock futures extended some of Thursday’s losses, as Wall Street gets ready to wrap up another week of tariff-fueled turmoil. Futures tied to the S&P 500 (ES=F) were down 1.2%, while those on the tech-heavy Nasdaq (NQ=F) were off 1.5%. Dow Jones Industrial Average futures (YM=F) slipped 1.1%. The major stock indexes are reeling
President Trump once again revived his calls for the Fed to cut interest rates. But Wall Street experts say rate cuts won’t necessarily solve the US economy’s problems. In a Truth Social Post early Monday, Trump said, “The slow-moving Fed should cut rates!” The statement echoes comments the president made last week, arguing now is
A fresh inflation report tanked stocks on Friday, as investors reacted to data that showed prices rose faster than expected last month. Major US indexes opened lower and dropped steadily through the morning. The sell-off accelerated around midday, with the Dow Jones Industrial Average losing over 600 points and the Nasdaq Composite plunging more than