Tech stocks lead Nasdaq, S&P 500 lower as rebound attempt fails
A clutch of tech stocks led benchmark indices lower on Monday, particularly the Nasdaq and the S&P 500, as a comeback attempt from Friday’s sell-off failed on Wall Street.
| Company | Value | Change | %Change |
|---|
The Nasdaq ended 1.2% lower,
» Read more about: Tech stocks lead Nasdaq, S&P 500 lower as rebound attempt fails »
Read MoreBank of Korea resumes rate cuts as economic risks grow
SEOUL: The Bank of Korea cut interest rates by 25 basis points and significantly lowered its GDP forecasts on Tuesday (Feb 25), steering Asia’s fourth-largest economy from a restrictive monetary policy stance towards a neutral one to support growth.
The BOK’s seven-member board unanimously voted to reduce its benchmark interest rate to 2.75 per cent at its monetary policy review,
» Read more about: Bank of Korea resumes rate cuts as economic risks grow »
Read MoreDow Jones Today: Stock Futures Holding Steady After Three Days of Big Declines; Bitcoin Slides Below $90,000
Stock futures tied to major U.S. stock indexes are wavering between slight gains and losses Tuesday as the market looks to rebound from its recent sell-off.
Futures tied to the Dow Jones Industrial Average and S&P 500 were each up 0.1%, while Nasdaq futures were flat.
Read MoreStock market today: Nasdaq, S&P 500, Dow futures waver as Trump trade shifts keep markets on alert
US stock futures wavered on Tuesday, as President Donald Trump’s revived tariff threats and potential toughening of China curbs weighed on market optimism and the chances of interest-rate cuts.
Contracts on the Nasdaq 100 (NQ=F) wobbled around the flatline on the heels of a tech-led selloff on Monday.
Read MoreNASDAQ 100, Dow Jones 30 and S&P 500 Forecast – US Indices Attempt to Bottom
S&P 500 Technical Analysis
And in the S&P 500, the hammer that was formed during the Tuesday session might be the first signs of the market trying to recover, and the Wednesday session looks like it’s more of the same. The catch, of course, is we have an inverted hammer from the Monday session,
» Read more about: NASDAQ 100, Dow Jones 30 and S&P 500 Forecast – US Indices Attempt to Bottom »
Read MoreThe Burst
How a 2nd Trump Presidency Will Affect Markets?
A second Trump presidency may have broad-reaching implications for the stock market, influenced by a mix of tax and economic strategies as well as geopolitical implications.
In his first-term, Trump oversaw significant corporate tax cuts, which boosted corporate earnings and stock prices. A second term is likely to continue or expand these tax policies,
» Read more about: How a 2nd Trump Presidency Will Affect Markets? »
Read MoreThe Ivy
Billionaire’s Warning to Wall Street
Recently, billionaire David Tepper went on CNBC to declare that the moves by China’s equivalent of the Federal Reserve to stimulate their economy amounted to a “buy everything” call.
Similar to how we stated “buy everything” in US markets back in 2010 when the Federal Reserve announced their commitment to do whatever it took to stimulate the US economy,
» Read more about: Billionaire’s Warning to Wall Street »
Read MoreThe Spotlight
Spotlight: Top Growth Stock In Berkshire Portfolio
Hot growth stocks are something you associate with Cathie Wood a lot more so than Warren Buffett but the Oracle of Omaha has a few tricks up his sleeve yet to surprise even his most eagle-eyed fans.
One stock in his portfolio is up by over 140% this year, turning every $10,000 invested in it to $24,000.
» Read more about: Spotlight: Top Growth Stock In Berkshire Portfolio »