Stock market today: Dow, S&P 500 rise but Nasdaq lags as tech names wobble
The US dollar (DX=F, DX-Y.NYB) has been volatile since Donald Trump’s inauguration, retreating from near two-year highs as the president failed to enact broad-based tariffs on his first day in office.
The move surprised investors as an emergency order would have allowed immediate tariff increases in contrast to the alternative process of investigations,
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Read MorePresident Donald Trump Just Made Stock Market History — and It's an Ominous Warning for Investors
No president has ever inherited a pricier stock market.
Yesterday, Donald Trump took the oath of office and a new era began for Wall Street.
Following his victory in November, the broader market was propelled higher, with financial stocks surging on the prospect of less oversight.
Additionally,
Why 3M Is the Best Dow Jones Stock Today
3M (MMM) is the best Dow Jones stock Tuesday after the Post-it Note maker beat top- and bottom-line expectations for its fourth quarter and issued a positive outlook for 2025.
In the three months ending December 31, 3M’s revenue increased 0.1% year over year to $6 billion.
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Read MoreWhat to know about Trump cryptocurrency meme coins
President Trump has launched a cryptocurrency coin that is drawing a sharp eye from experts as it yo-yos in value in its opening days of trading.
The official “meme coin,” known as $TRUMP, was launched on Friday for nearly $6.50 and rose to a high of $73 on Sunday. Hours after his inauguration,
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Read MoreFederal Reserve set for an extended pause
The minutes from the December meeting noted that usage of the overnight reverse repo facility remained on a declining trend, reflecting money market fund reallocation to Treasury bills and private-market repo, which offered slightly more attractive market rates. This occurred against a tightening in market repo conditions, and continued increases in net Treasury bill issuance.
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Read MoreThe Burst
Will This Silicon Valley Darling Topple The Market?
Silicon Valley darling, Salesforce, saw its stock fall 16% following last night’s fiscal Q1 2025 earnings report. Growth moderated to an 11% year-over-year increase, which was the lower end of the guidance and that was enough to spook investors.
Yet the woes continued when full-year revenue guidance of $37.7 billion to $38 billion was reported because it reflected a growth projection of just 8% to 9%.
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Read MoreThe Ivy
Has The AI Bubble Officially Burst?
You’ll never guess who has turned bearish on AI? It seems one of the most prestigious names on Wall Street, Goldman Sachs, has done a U-turn and is betting against a continuation of the momentum previously seen in artificial intelligence stocks.
While Goldman has a long history of staying bullish, often for too long,
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Read MoreThe Spotlight
1 Growth Stock Down 30% You’ll Regret Not Buying The Dip
DigitalOcean is no ordinary cloud computing firm as you’ll see but it is down by 30% over the past 6 months, and yet appears to have significant upside potential from here.
If you’re not familiar with it, the company is like AWS or Google Cloud, but for small to medium-sized businesses (SMBs). Developers like it because of its…