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“Companies report widespread concerns about the impact of federal government policies, ranging from spending cuts to tariffs and geopolitical developments,” said Chris Williamson, chief business economist at S&P Global Market Intelligence. “Sales are reportedly being hit by the uncertainty caused by the changing political landscape, and prices are rising amid tariff-related price hikes from suppliers.”

A separate report said U.S.

 » Read more about: Stock market today: Dow tumbles 700 as US businesses and consumers worry about tariffs  »

Goldman Sachs analyst Mike Ng maintained a Buy rating on Apple (AAPL – Research Report) today and set a price target of $294.00. The company’s shares closed yesterday at $244.87.

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 » Read more about: Apple (AAPL): New Buy Recommendation for This Technology Giant  »

Tech giant Apple (AAPL) is expanding its personalized AI system, Apple Intelligence, to several new languages, including French, German, Italian, Portuguese, Spanish, Korean, and Chinese. Additionally, localized English versions will be released for Singapore and India. This move will enable more users worldwide to interact with Apple’s AI technology in their native language.

 » Read more about: Apple (AAPL) to Expand Apple Intelligence to New Languages  »

Shares of Apple Inc. (NASDAQ:AAPL – Get Free Report) were up 0.7% during trading on Thursday after Maxim Group raised their price target on the stock to $215.00. Maxim Group currently has a hold rating on the stock. Apple traded as high as $246.78 and last traded at $246.57.

 » Read more about: Apple (NASDAQ:AAPL) Trading Up 0.7% After Analyst Upgrade  »

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 » Read more about: Trump to use CFIUS to restrict Chinese investments in strategic areas, White House official says  »

The cryptocurrency market is lacking positive catalysts in the near term, Wall Street bank JPMorgan (JPM) said in a report Wednesday.

The correction in crypto markets in recent months has seen both bitcoin (BTC) and ether (ETH) futures near backwardation, which is a sign of lower demand,

 » Read more about: Crypto Market Faces Weak Demand, Needs Trump Initiatives to Kick In, JPMorgan Says  »

US stocks tumbled on Friday (Feb 21), extending their sell-off 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.

All three major US stock indexes moved decisively lower on the heels of the data, and continued their slide into afternoon trading.

 » Read more about: US: Wall Street ends sharply lower on mounting concerns over economy, tariffs  »

A LATE rally in the US Treasury market pushed the yield on 10-year notes lower for a sixth-straight week as traders hunt for safety amid lower stock and oil prices.

The advance pushed yields lower across maturities on Friday (Feb 21) following unexpectedly weak economic data and an uptick in consumers’ long-run inflation views to the highest since 1995.

 » Read more about: US Treasuries end week on high note on demand for safer bets  »

 » Read more about: Dow falls nearly 750 points and US stocks tumble as businesses and consumers worry about tariffs  »