The stock market took a nosedive recently, with the S&P 500 officially entering a "correction" phase. This means it has dropped more than 10% from its peak in February. The Nasdaq and Dow Jones Industrial Average also saw significant declines. The tech and media sectors were particularly hard hit.
The stock market, which has been on a high for two years, is now showing signs of slowing down. This shift is due to the unpredictable policies coming out of Washington. Investors are feeling uneasy because of the back-and-forth on tariffs and the recent layoffs of federal employees. This uncertaint
The stock market took a nosedive on a Thursday, with the S&P 500 officially entering a correction territory. The Dow Jones Industrial Average dropped by 537 points, or 1. 3%, while the S&P 500 fell by 1. 39% and the Nasdaq Composite declined by 1. 96%. What caused this sudden plunge? President Trum
Stock futures started the day with a slight decrease, despite some encouraging economic news. The Producer Price Index (PPI) for February remained flat, which was a surprise as experts had predicted a 0. 3% increase. Additionally, the number of initial jobless claims was lower than expected, coming
Tesla's stock has been on a wild ride this year, and investors are pointing to Elon Musk's political activities as a major cause for concern. A recent poll found that a whopping 85% of investors think Musk's political stances are hurting the company's core business. The poll was conducted by a fin
On Wednesday, the Nasdaq Composite had a strong day, closing up 1. 22% at 17, 648. 45. This boost was fueled by a lower-than-expected inflation report, which calmed worries about the economy. The S&P 500 also saw gains, rising 0. 49% to 5, 599. 30. However, the Dow Jones Industrial Average dipped sl
Intel has a new leader in town. Lip-Bu Tan, the former CEO of Cadence Design Systems, will step into the role of Intel's CEO on March 18th. This move comes after a long search for a permanent replacement for Pat Gelsinger, who retired at the end of last year. Tan's appointment is a big deal for Inte
In the world of stocks, things can get pretty confusing. On a recent Thursday, the Asia-Pacific markets were all over the place. This happened after a report from the U. S. showed that inflation wasn't as bad as some people thought. This report helped two out of three major stock indexes in the U. S
The market is in a rough patch, but there are stocks that can help you weather the storm. Two companies stand out as potential havens in this uncertain time. First up, let's talk about Waste Management. This company is known for handling trash and recycling. It's a steady performer, with a low b
Trump's recent threats of steep tariffs against Canada sent shockwaves through the market on Tuesday. Investors were left in a state of confusion. Stocks initially dropped sharply before recovering some losses by the end of the day. The S&P 500 index hit a low point, falling 1. 5 percent before c
