Considering how this week started — with a heavy thud on threats to Jerome Powell’s job as Fed Chair — these indexes are up +2% to nearly +5% so far this week. Not too shabby.
IBM's stock fell 6% in today’s trading session despite beating its first-quarter expectations after-market hours on Wednesday and maintaining its full-year revenue guidance.
U.S. stock futures are up Thursday night following three back-to-back days in the green during the regular session, amid growing earnings optimism and easing trade tensions.
U.S. stocks climbed for a third straight session, notching their longest winning streak since early April. The Nasdaq jumped 2.7% to close at 17,166.04.
After a great trading day on Wednesday, Thursday was less exciting. The market rallied on optimism that the trade war is over. Here’s a look at key Fibonacci levels across major equity index futures to watch as this momentum unfolds.
The EUR/USD pair weakens to near 1.1380 during the early Asian session on Friday. However, the downside for the major pair might be limited as investors remain concerned about the US-China trade tensions.
Charlie Munger warned in 2019 that a full-blown U.S.-China tariff war would be "massively stupid," urging both nations to accept some discomfort and strike a deal instead.
Domestic political turmoil pushed South Korea’s economy into contraction. US tariffs and delays in policy support increase the odds of a technical recession in the current quarter, leading to a Bank of Korea rate cut in May and larger fiscal support
Starbucks entered 2025 with a mixed outlook. While revenue sits at $36.15 billion and EPS holds at $3.10, growth momentum has softened. Labor issues and international softness have introduced volatility, and inflation continues to pressure margins.
Stocks rallied again today, no doubt proving somehow that the King's tariff strategy is finding approval in the world, or at least in the part of it that counts.
