America, this isn’t how you lower interest rates
THE US’ leaders have latched onto the idea that they can address some big problems – most notably a gaping budget deficit – by forcing interest rates downward.
If only it were that easy.
US President Donald Trump keeps turning up the pressure on the Federal Reserve to lower short-term rates,
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Read MoreStock market today: Dow, S&P 500, Nasdaq fall as Trump amps up tariff threats with deadline looming
Tesla (TSLA) shares are getting run over right out of the gate post-holiday weekend.
The stock is down 7% premarket as president Trump and Elon Musk return to public battle. The general vibe from those I have chatted with is that Musk creating his own political party is the last thing Tesla shareholders want to see.
Read MoreDow Jones Today: Stock Futures Slip as Investors Monitor News on Tariffs; Tesla Shares Plunge After Musk Announces New Political Party
Stocks moved lower in early trading Monday as investors digested the latest developments on the global trade front.
The benchmark S&P 500 index and the tech-heavy Nasdaq Composite were recently down 0.4% and 0.6%, respectively, while the Dow Jones Industrial Average declined 0.2% Stocks are coming off a winning week,
Read MoreTrump to host Jensen Huang at White House as Nvidia tops $4 trillion market cap
- Nvidia CEO Jensen Huang met with President Donald Trump at the White House on Thursday, CNBC’s Megan Cassella reported.
- The meeting comes as Nvidia rose slightly on Thursday, becoming the first company to close a trading day with a market cap over $4 trillion.
- Nvidia has been grappling with export controls on its AI chips implemented by the Trump administration in April for national security reasons.
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Read MoreThe Burst
Alert: $182 Price Target on AI Stock, Wall Street Forecast
Investment Alert: Buy Snowflake Under $140 Per 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.
Read MoreThe Ivy
S&P 500 Near 5,000, Now What?
If ever the saying that the market can go remain irrational longer than you can remain solvent applied, now would be that time, especially for the bears.
With the S&P 500 within touching distance of 4,900 by the close of last week, it’s now within spitting distance of 5,000, a figure that seemed so far out of reach just a year or so ago when it was close to 3,500,
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