Trump’s Reciprocal Tariffs: What it means for NRIs investing in Indian property
US President Donald Trump recently criticized India’s high tariffs, warning of a potential US retaliation. In a sharp statement, Trump asserted that the existing trade system is unfair to the US, and vowed to introduce reciprocal tariffs to counteract what he perceives as protectionist policies by other nations, including India. While much of the discussion has focused on trade and manufacturing,
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Read MoreStock Market Forecast: Goldman Sachs Warns of Uncertainty, Slashes S&P 500 Target
The selloff this week has been driven largely by a sharp drop in the “Magnificent 7” tech stocks, which have fallen 14% from their recent peak. Their price-to-earnings ratio has declined from 30x to 26x, signaling investor concerns over stretched valuations.
How Big of a Risk Is a Recession?
Recession risks are rising as tariffs create new economic headwinds.
Read MoreS&P 500 Forecast: CPI Data and Fed Policy in Focus as US Stock Market Awaits Key Signals
Despite this reversal, the uncertainty led to a selloff in equities. The Dow closed down nearly 480 points (1.1%), while the S&P 500 fell 10% from its previous high before paring losses. The Nasdaq Composite ended the session down 0.2%.
Which Sectors Struggled the Most?
Tuesday’s losses were broad-based,
Read MoreStock market today: Dow, S&P 500, Nasdaq futures inch higher as inflation report looms
Groupon (GRPN)
Groupon shares rocketed up 23% after the e-commerce marketplace issued better-than-expected full-year revenue guidance. Groupon forecasts full-year revenue from $493 million to $500 million.
Finance of America Inc (FOA)
Retirement loans company Finance of America stock tanked 17% in after-hours trade.
Read MoreProblems Continue to Mount for Tesla. Is It Time to Sell the Stock?
Even if you’re hiding under a rock, you might not be able to miss the criticism being thrown Tesla‘s (TSLA -6.72%) way this year. Some consider Tesla CEO Elon Musk’s growing presence in politics distracting or problematic. And despite all the impressive things Tesla has accomplished,
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Read MoreThe Burst
1 Top AI Stock For Next Bull Market
Investment Alert: Buy C3.AI Under $17
Disclaimer: Ivy 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.
The global artificial intelligence research market is estimated to be $119 billion in 2022 according to Precedence Research.
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Read MoreThe Ivy
Alert: 27% Upside in Maligned Fintech Play
Investment Alert: Buy PayPal (PYPL) Under $57/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.
It’s really hard to explain away why Paypal has been so beaten down this year.
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