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Traders work on the floor at the New York Stock Exchange in New York City, on Dec. 10. U.S. stocks tumbled today, extending their selloff in the wake of dour economic reports and closing the book on a holiday-shortened week fraught with new tariff threats and worries of softening consumer demand.
» Read more about: Wall Street tumbles as economic worries, tariffs fuel selloff »
Nvidia founder and CEO Jensen Huang said the market got it wrong when it comes to DeepSeek’s technological advancements and its potential to negatively impact the chipmaker’s business.
Instead, Huang called DeepSeek’s R1 open source reasoning model “incredibly exciting” while speaking with Alex Bouzari, CEO of DataDirect Networks, in a pre-recorded interview that was released on Thursday.
» Read more about: Nvidia CEO Jensen Huang says market got it wrong about DeepSeek’s impact »
U.S. listed Chinese stocks led by e-commerce and gaming giants like Alibaba Group Holding BABA, Baidu Inc BIDU, PDD Holdings PDD, JD.Com Inc JD along with electric vehicle companies NIO Inc NIO,
Personal Finance
Consistent saving and investing is the key to building up a sizeable retirement nest egg over time. By automating your portfolio contributions and the reinvestment of dividends, you’ll really start to feel the effects of compounding over time.
The Sunday Investor has completed all the educational requirements for the Chartered Investment Manager designation and is on track to become a licensed options and derivatives trading advisor.
» Read more about: JSML: Cautious Outlook But A Clear Improvement Over Russell 2000 Growth ETFs »
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When it comes to certificates of deposit (CD) accounts, the interest rate is key.
» Read more about: What's a good short-term CD interest rate in 2025? »
Business Insider’s personal finance team compared Citizens Bank savings accounts to the best high-yield savings accounts and found them to be a standard offering. Most of the accounts don’t offer high rates, although they also tend to be low on fees.
Citizens Bank is a regional bank serving the Northeast and Florida.
Stocks sold off on Friday as new U.S. data sparked concern among investors over a slowing economy and sticky inflation, leading them in search of safer assets.
Losses increased into the close as traders feared staying long into a weekend that could bring another barrage of headlines from the Trump administration,
US stocks fell sharply at the closing bell Friday as the uncertainty surrounding tariffs and the possibility of a slowing economy caught up to investors, igniting fresh rounds of selling and renewing concerns of a market correction.
The S&P 500 (^GSPC) shed 1.7%, while the tech-heavy Nasdaq Composite (^IXIC) lost over 2%,
