Stock Market Comeback Erased: S&P 500 Sinks To 6-Month Low As Trump Says Don’t ‘Watch The Stock Market’
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Read MoreTop Stock Movers Now: Tesla, DexCom, Strategy, and More
Andrej Ivanov / Bloomberg via Getty Images
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U.S. equities continued their selloff on worries about the U.S economy possibly heading toward a recession.
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Tesla shares sank as the blowback against CEO Elon Musk’s involvement in federal spending cuts intensified.
» Read more about: Top Stock Movers Now: Tesla, DexCom, Strategy, and More »
Read MoreTesla Shares Plunge as Musk’s Political Role Grows More Divisive
Tesla shares plunged on Monday, hitting their lowest point since before Election Day, as investors registered the impact of falling sales and increasing protests over the high-profile political role that Elon Musk, the company’s chief executive, has taken on.
In afternoon trading, the electric-car maker’s shares were down more than 13 percent for the day,
» Read more about: Tesla Shares Plunge as Musk’s Political Role Grows More Divisive »
Read MoreThe stock market has a $1 trillion secret weapon to fight further declines
- Stock buybacks could counteract extended market declines, Citi said.
- The bank predicted $1 trillion in stock buybacks by 2025, up from 2024.
- Companies may shift spending from capital expenditures to buybacks amid Trump policy uncertainty.
The stock market has a $1 trillion weapon to fight further price declines: stock buybacks.
» Read more about: The stock market has a $1 trillion secret weapon to fight further declines »
Read MoreFederal Reserve is likely to hold interest rates steady next week. But some consumer loans are getting cheaper
- The Federal Reserve is likely to hold interest rates steady at the end of its two-day meeting on March 19.
- While high interest rates have put pressure on households, some borrowing costs are starting to ease, potentially providing relief for consumers with credit card debt or considering a home or auto purchase.
The Burst
Alert: 1 AI Stock To Hold For The Next 10 Years
Investment Alert: Buy Google (GOOGL) Under $110/share
Disclaimer: Investment Alerts have a medium to long-term time horizon. These do not constitute financial advice and you should contact a financial advisor before deciding whether it is appropriate for your individual circumstances.
When ChatGPT launched, it became the fastest growing product,
» Read more about: Alert: 1 AI Stock To Hold For The Next 10 Years »
Read MoreThe Ivy
Market Commentary: How To Earn $5,000 Per Year Forever
Imagine you wanted to earn passive income forever more, how would you go about picking stocks likely to pay a yield large enough that it will be lucrative but low enough to ensure it’s sustainable?
The latter part of the sentence is the key because it’s always possible to find companies that pay sky high yields,
» Read more about: Market Commentary: How To Earn $5,000 Per Year Forever »
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