The S&P 500 briefly tumbled into dreaded bear market territory
2025-04-07T21:20:59Z
- The S&P 500 briefly entered bear market territory on Monday, down 21% from recent highs.
- Stocks have cratered since Wednesday’s tariff announcement, with the selling continuing on Monday.
- The Nasdaq-100 ended Friday’s session in a bear market.
The S&P 500 briefly entered bear market territory on Monday amid the Trump tariff chaos.
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Read MoreExpert recommendations for 401(k)s
Tariff concerns has many concerned about their retirement accounts.
BUFFALO, N.Y. — There are many questions about 401(k) retirement savings accounts.
Anthony Ogorek, of Ogorek Wealth Management, said if anyone is planning to retire soon remember, ‘it’s a very difficult time.’
“The first piece of advice is you need to understand what you own,”
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Read MoreDeepSeek Ban Hammers U.S. AI Stocks like Nvidia and Palantir
U.S. tech stocks tumbled after the Trump administration blacklisted Chinese AI firm DeepSeek from accessing American technology. Nvidia (NVDA), AMD (AMD), and Palantir (PLTR) were among the hardest hit as investors digested what the move could mean for future chip exports and global AI dominance.
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Read MoreIs the stock market open on Good Friday? Here's what's open and closed today
Friday, April 18 is Good Friday, which means some businesses and services will be closed for the holiday, including the stock market.
While Good Friday is not a federal holiday, some states recognize it as a public holiday, and others may be affected by local business closures.
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Read MoreS&P 500: Overreaction or Opportunity? Fed Rate Cut Speculation Fuels Rebound
Meanwhile, the U.S. dollar weakened against the Japanese yen and Swiss franc, as investors sought refuge from trade uncertainty. The dollar fell 0.76% against the yen, reaching its lowest level since October, while the Swiss franc hit a three-month high. The euro held steady near a four-month peak,
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Read MoreThe Burst
1 Cloud SaaS Healthcare Stock to Buy on the Dip?
It might surprise many that Veeva Systems Inc. (NYSE:VEEV), best known for its cloud-based software solutions tailored to the life sciences industry, has maintained a core principle of putting customer success and product excellence ahead of short-term gains.
In a market crowded with SaaS companies seeking to serve a wide variety of enterprises,
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Read MoreThe Ivy
Billionaire Bets on Fast Growth Unit In Boring Stock
If you only look at consumer trends within the United States, it might seem odd that Philip Morris’s stock has done so well. Aren’t people giving up cigarettes?
For the most part, they are, but the company has planned for the effects of smoking cessation programs. The share price speaks to Philip Morris’s success.
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Read MoreThe Spotlight
10 Billion Reasons To Own This Recession-Proof Stock
With concerns of an impending recession looming large and Goldman Sachs pivoting away from momentum stocks to value stocks, one stock that may fit the bill is Procter & Gamble.
Although the share price has been somewhat volatile subsequent to fiscal Q4 2024 earnings results, P&G bounced back nicely to make an assault on all-time highs.
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