Wall Street‘s main indexes opened higher on Monday, ahead of a crucial deadline on tariffs on top trade partners, while investors awaited a number of data reports to gauge the health of the world’s largest economy.
The Dow Jones Industrial Average rose 59.6 points, or 0.14%,
» Read more about: US stocks open higher with economic data, tariffs in focus »
Tesla (TSLA) bull Cathie Wood is sticking with the electric vehicle maker after a rough February.
The Ark Investment founder says there is a lot of “pent-up demand” for Tesla vehicles. The big valuation unlock, in her view, is Tesla releasing robotaxis across the country.
“So I now think they’re going to start seeding every state [with robotaxis] and their Full Self-Driving.
» Read more about: Why Tesla stock still has a fan in Cathie Wood »
The move: Intel rose 6% to $25.18 per share on Monday morning.
The notional value of today’s expiring BTC options is $4.68 billion. According to Deribit’s data, these 58,633 expiring Bitcoin options have a put-to-call ratio 0.71. This ratio suggests a prevalence …
» Read more about: Nearly $6 Billion Options Expire Today: What It Means for Bitcoin and Ethereum »
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and …
» Read more about: 2PLTR : What the Options Market Tells Us About Palantir Technologies »
Mortgage rates have been pretty volatile lately. The average 30-year fixed-rate mortgage shot up to nearly 8% in late 2023 — a more-than-two-decade high.
Rates fell to just above 6% last fall as the Federal Reserve started cutting short-term interest rates, but then bounced back above 7% in mid-January,
» Read more about: Are volatile mortgage interest rates the new normal? »
Stock futures are rising Monday as the market looks to kick off the month on a high note after losing ground in February.
Futures tied to the S&P 500 and Nasdaq Composite were up 0.4% and 0.6%, respectively, in recent trading, while those linked to the Dow Jones Industrial Average added 0.2%.
With its skyrocketing valuations and continued strength amid volatility, the S&P 500 has risen 1.46% in 2025 following a 20% plus gain in 2023 and 2024. As experts predict an overdue correction, this analyst says the ongoing “sideways consolidation” over the last three months could be “corrective,” in nature.
What Happened: Last time the S&P 500 experienced a correction,
OXON HILL, Md.—Elon Musk on Thursday offered hints about the work to come, including auditing the Federal Reserve, as his Department of Government Efficiency bulldozes through federal agencies in its effort to identify and implement budget and staffing cuts under authority from President Trump.
Asked if he plans to audit the Federal Reserve,
» Read more about: Musk Looks at Auditing the Federal Reserve »
Feb. 27, 2025 4:16 pm ET|WSJ Pro
Federal Reserve Bank of Cleveland President Beth Hammack says the Fed should continue to be cautious with further interest-rate cuts amid slower recent progress getting inflation back to the central bank’s 2% target.
» Read more about: Cleveland Fed’s Hammack Advocates Patience on Further Cuts »