Stock market today: Dow, S&P 500, Nasdaq end volatile week lower as Wall Street braces for US-China talks
Stocks rose at the open on Wall Street on Friday after President Trump suggested cutting US tariffs on Chinese imports. His comment fueled further optimism that the trade war is easing ahead of talks between Treasury Secretary Scott Bessent’s team and Chinese officials in Switzerland this weekend.
The Dow Jones Industrial Average (^DJI) edged up 0.2%.
Read MoreShould I cash out my $250,000 401k to pay off my $130,000 mortgage and live debt-free or keep working in a stressful job?
Personal Finance
As soon as most people hear that they may be on the cusp of being cut at their job, there is no question that a panic cycle sets in. I can say this confidently as I have worked in positions where job cuts have taken place,
Read MoreMan who laundered cryptocurrency jailed for two years
A 43-year-old man has been sentenced to two years in jail after he pleaded guilty to cyber crimes, following an investigation by the Garda National Cyber Crime Bureau and the FBI.
Cork Circuit Criminal Court was told that Suleman Mazhar was offering for sale through a website malware and ransomware designed to damage IT systems.
» Read more about: Man who laundered cryptocurrency jailed for two years »
Read MoreI flew to Omaha to cover Warren Buffett's annual meeting. I didn't know I'd witness history being made.
Speaking in the hallway outside Markel’s shareholder meeting, Martin Wiegand, 67, told me he’s attended more than 30 Berkshire meetings and has owned the stock for about 40 years.
Wiegand said his father was a school friend of Buffett, and his parents attended Berkshire meetings too.
He told me he wants Buffett to continue talking after his deputy,
Read MoreThe Burst
1 Rare Stock Buffett Is Buying
Warren Buffett has spent 2024 stockpiling cash, even going so far as to sell off sizeable pieces of some of his largest investments. Recently, though, Berkshire Hathaway announced that it had made some modest acquisitions, including the addition of nearly 388,000 shares of domain name registry service Verisign (NASDAQ:VRSN).
These purchases brought Berkshire Hathaway’s holdings in Verisign to 13.2 million shares,
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Read MoreThe Ivy
Billionaire’s Big Bet: Why He’s Banking on This Undervalued Stock
Stanley Druckenmiller is renowned for his macro-driven investment style – he looks for big-picture economic trends and isn’t afraid to make bold, concentrated bets when an opportunity arises. His philosophy centers on anticipating economic cycles and central bank policy shifts and then positioning his portfolio aggressively.
In practice, Druckenmiller often rotates capital from popular,
» Read more about: Billionaire’s Big Bet: Why He’s Banking on This Undervalued Stock »
Read MoreThe Spotlight
1 Stock Buffett Likes More Than Apple
Stocks have pulled back in the past month, as interest rates and inflation continue to dog the market. The AI excitement that gripped investors earlier in the year has abated somewhat, leading to recent pullbacks in stocks like Nvidia and Microsoft.
Apple has struggled to make an impact with investors because the company has lagged behind its competitors in launching AI-powered products.