Tariff-Fueled Stock Drop Has Retail Investors Despairing Over Trade War
There’s no way to sugarcoat it. Retail traders online are in full-blown panic mode over the trade war. Everyday investors took to social media on Thursday to commiserate over the impact of the president’s latest tariffs, which tanked stocks on Thursday. By 11:00 a.m. ET, the rout had deepened, with the S&P 500 down more…
READ MOREUS Stock-Market Exceptionalism Is Back As Magnificent 7 Recovers: MS
The sell-off in Magnificent Seven stocks may be over, according to Morgan Stanley. A rebound in the mega-cap tech group could put US markets back on top, the bank said in a note. Analysts pointed to positive signals like a weaker dollar and an improved earnings outlook. Things could be turning around for the mega-cap…
READ MOREStock Market Today: S&P 500, Dow Rally As Schumer Punts Government Shutdown
The US stock market rallied on Friday after days of pain brought on by Trump’s trade war. Markets cheered after Sen. Chuck Schumer said he’d support a GOP spending bill. It means a government shutdown will likely be averted, delivering investors much-needed good news. After days of pain brought on by President Donald Trump’s trade…
READ MOREIntel Jumps 5% Amid Possible TSMC, Nvidia Foundry Joint Venture
Intel stock is moving up on Wednesday on reports of a foundry joint venture with major chip makers. Reuters reported that TSMC is discussing a joint venture to operate Intel’s foundry. The Taiwanese chipmaker approached Nvidia, Advanced Micro Devices, and Broadcom for the JV. The move: Intel jumped 5.5% to $20.8 per share on Wednesday….
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Trump Media Stock Price Drops As Trump’s Trust Could Sell $2 Billion
STEFANI REYNOLDS/AFP via Getty Images This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Trump Media shares sank Wednesday on news that Trump’s trust could sell more than $2 billion of stock. Trump transferred ownership of his shares in December to the trust,…
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