Stocks Slide After Report That Trump Is Planning Wider China Tech Sanctions
President Trump’s trade war with China was top of mind for traders in Friday afternoon trading.
The Dow was down 183 points, or 0.4%. The S&P 500 was down 0.8%. The Nasdaq Composite was down 1.4%.
The market took a turn toward session lows after a headline from Bloomberg hit a wires about plans for the U.S.
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Read MoreA Closer Look at Tesla’s Options Market Dynamics
Delving into the details, we found 45% of traders were bullish, while 43% showed bearish tendencies. Out of all the trades we spotted, 120 were puts, with a value of $7,077,828, and 302 were calls, …
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Read MoreMortgage rates jumped slightly but remain under 7%
FILE-A home is listed for sale in Palo Alto, CA, U.S. (Michael Short/Bloomberg via Getty Images)
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Mortgage rates are still stable after making a slight uptick despite unpredictability in the housing industry.
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Read MoreS&P 500 CEO compensation increased 10% in 2024: Report
CEO compensation at S&P 500 companies rose 9.7% in 2024, according to an annual study from Equilar and The Associated Press.
The May 29 analysis includes CEOs who served at an S&P 500 company for at least two years and whose company filed a proxy statement between Jan.
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Read MoreUS economic outlook slashed by OECD as Trump's tariffs upend global growth
The United States’ economic growth forecast was cut sharply on Tuesday by the Organization for Economic Co-operation and Development, or OECD, which attributed the gloomy outlook in part to tariffs issued by President Donald Trump.
The OECD expects the U.S. economy to grow 1.6% in 2025, marking a substantial reduction from a 2.2% expansion forecast in March.
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Read MoreThe Burst
1 AI Stock To Buy on the Dip
If you are a long-term investor, now is prime time to buy top growth stocks — and C3.ai is a leading candidate.
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Read MoreThe Ivy
Market Commentary: Will Tesla Hit $2,000?
In 2018, Tesla share price spent most of the year hovering around the $500 level. Cathie Wood made a bold prediction then that Elon Musk’s car manufacturer would reach $4,000 per share, implying a trillion dollar market capitalization.
It seemed preposterous. The only companies that flirted with such a market cap were Microsoft,
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