US stocks sink with the US dollar’s value as investors retreat further from the United States
NEW YORK — U.S. stocks are sinking Monday as investors pull away from the United States because of the uncertainty caused by President Trump’s trade war and his criticism of the Federal Reserve.
The Standard and Poor’s 500 was 1.2% lower in early trading and back to 15% below its record set two months ago.
Read MoreHDFC, ICICI, Yes Bank shares gain momentum post Q4 results, brokerages bullish
HDFC Bank and ICICI Bank shares hit 52-week high in early trade, and Yes Bank shares jumped 7 per cent following Q4 results.
After hitting fresh highs, HDFC Bank shares ended 1.10 per cent positive on the BSE at ₹1,937.55, and ICICI Bank closed at ₹1,409.40,
» Read more about: HDFC, ICICI, Yes Bank shares gain momentum post Q4 results, brokerages bullish »
Read MoreTesla Stock Has Crashed 50% and Investors Just Got Bad News From One of Wall Street's Biggest Bulls
Tesla (NASDAQ: TSLA) stock peaked at $480 per share in December. At the time, Donald Trump had just won the presidential election with tremendous financial support from CEO Elon Musk, and investors were confident the company would benefit from their relationship. But the opposite has happened.
Tesla stock has plummeted 50% from its record high and market share losses have accelerated as Musk’s involvement in politics has created a “brand crisis”
Elon Musk breaks his own Tesla (TSLA) earnings rule in desperate move
Elon Musk is breaking his own rule of not making announcements during Tesla earnings as the CEO appears desperate amid a brand crisis.
Tesla and its CEO, Elon Musk, do not report the most typical earnings.
Earlier in Tesla’s run as a public company, Musk had often been combative with Wall Street analysts.
» Read more about: Elon Musk breaks his own Tesla (TSLA) earnings rule in desperate move »
Read MoreStock market and US bonds sink amid Trump's trade war and Fed criticism
The stock market experienced more losses on Monday. It follows several bumpy weeks on Wall Street amid President Donald Trump’s trade war and his criticism of the Federal Reserve.U.S. government bonds and the value of the dollar, which typically strengthen during turbulent times, also sank. Experts say this reflects uncertainty around what are typically considered some of the world’s safest investments.It comes as Trump once again targeted Federal Reserve Chair Jerome Powell on social media Monday.
» Read more about: Stock market and US bonds sink amid Trump's trade war and Fed criticism »
Read MoreThe Burst
How To Make 100% In Next 11 Months
The most important Federal Reserve announcement ever led to about as much excitement yesterday as two turtles racing to a finishing line.
Prior to the announcement by Chairman Jerome Powell, the market had forecast, with 68% probability, a 50bps rate cut.
That alone signaled that the market had priced in precisely what the Fed delivered and so when expectations became reality not a whole lot happened.
» Read more about: How To Make 100% In Next 11 Months »
Read MoreThe Ivy
30% Upside for Leader in Market Growing 30% Annually?
Renowned e-signature company DocuSign, Inc. (NASDAQ:DOCU) has got firmly back on track after some turbulence in 2021 and 2022 when the company’s share price declined by more than 75%.
The recent stock performance has fared much better, begging the question where is the ceiling for this once hot stock?
» Read more about: 30% Upside for Leader in Market Growing 30% Annually? »
Read MoreThe Spotlight
Spotlight: 1 Gaming Stock The Kids Flocked To
While investors are paying attention to Presidential debates, global conflicts, and inflation, kids have their attention somewhere else, and for many adults an opportunity lies unearthed as a result.
Roblox is a gaming platform that has resonated with kids, teens and young adults in particular. While revenues absolutely mushroomed higher during the 2020-21 period for obvious reasons,
» Read more about: Spotlight: 1 Gaming Stock The Kids Flocked To »