The Dow Jones Industrial Average (DJIA) is slipping today as the Federal Reserve Federal Open Market Committee (FOMC) meeting starts today. This meeting has the Fed weighing interest rate cuts over the next two days. Results won’t be out until Wednesday afternoon, but traders are still anxious about the central bank’s decision. Light Up your
Global fund managers dumped a record amount of US stock during last week’s sell-off, BofA found. The surveyed investors expressed pessimism around the global economic-growth picture. Stagflation was a commonly-cited fear, with expectations for the scenario at the highest since late 2023. As US stocks slipped into a 10% correction last week, investors were dumping
Investors in the Sovereign Gold Bond (SGB) 2016-17 Series IV and 2019-20 Series IV are set for significant returns, with the Reserve Bank of India (RBI) announcing the final redemption price. The investors’ wealth could swell nearly 3 times on redemption due to skyrocketing gold prices. The 2016-17 Series IV bonds, issued in February 2017
Amid market correction, founder and CEO of Marigold Wealth, Arvind Datta, on Monday shared a key lesson from his investing journey — “Buy and hold forever never works”. Taking to X (formerly Twitter), Datta wrote, “I have learnt one lesson. Buy and hold for forever never works. When the story gets over sell and book profit.
Whatever happened to the “Trump put”? Investors are rapidly rethinking the idea Donald Trump would row back on reckless policies once he saw a negative market reaction. The S&P 500 has suffered a rapid double-digit correction. It fell 5.6 per cent in the first 50 days of Trump’s presidency – the third-worst performance since 1953.
Tesla’s steep stock decline hasn’t shaken the faith of some retail investors. Business Insider spoke to three investors who said they already bought the dip in Tesla shares after its huge drop. Most of them brushed off the $800 billion swoon as an “overreaction” and said they’re holding. Tesla stock is trading nearly 50% lower
After the dot-com bubble burst in the early 2000s, Lars Staack decided to play it safe and invest his retirement savings in S&P 500 index funds, which are diversified and carry lower risk than owning individual stocks. It was a strategy that brought him peace of mind for more than two decades — until President
Stay informed with free updates Simply sign up to the Japanese business & finance myFT Digest — delivered directly to your inbox. “Vanilla” buybacks are no longer enough to placate shareholders of Japan’s biggest companies, with a string of conglomerates sacking chief executives and selling assets as the country’s corporate governance drive gains pace. Toyota,
Calvin Woodward | Associated Press Washington – A gobsmacked planet is wondering what’s next from President Donald Trump on the tariff spree he’s set in zigzag motion. In recent weeks, Trump has announced punishing tariffs against allies and adversaries alike, selectively paused and imposed them, doubled and then halved some, and warned late in the
Amid widespread economic turmoil, the price of gold has soared to levels never seen before. Gold futures surpassed the $3,000 per troy ounce for the first time this week. The price to buy gold on the spot market in New York is following closely behind. Interest in buying gold can rise sharply in times of