US President Donald Trump‘s tariff plans and refusal to rule out an economic downturn prolonged the ongoing volatility in US stock markets. ‘Look, we’re going to have disruption, but we’re OK with that,’ he said earlier this week on the Fox News show’ Sunday Morning Futures.’ These developments took a toll on investor confidence, reflected
It’s been a rough few days on Wall Street. Stocks tumbled to start the week after a disappointing July jobs report on Friday sparked fears of an incoming recession, a concern that worsened over the weekend amid a global market sell-off. Japan stocks are in a confirmed bear market, with the Nikkei plunging 12.4% and
CNBC’s Jim Cramer examined why the market rallied on Tuesday, saying buyers were encouraged by last week’s consumer price index, and that many anticipate former President Donald Trump will win in November. But he emphasized that investors who haven’t already bought into this market have missed their chance to take advantage of the rally. “If
Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters It’s always helpful to examine the elements that foster a crash. The first is a frothy stock market. It is no accident that the first modern stock market crash, the Panic of 1907, occurred after the biggest two-year rally in
US stocks wobbled on Friday, after a jobs report seen as pivotal to expectations for interest-rate cuts showed much stronger hiring growth than expected. The S&P 500 (^GSPC) rose 0.2%, while the Dow Jones Industrial Average (^DJI) gained 0.3%, coming off a lackluster session Thursday for the three major gauges. The tech-heavy Nasdaq Composite (^IXIC)
For the first time in nearly two years, home prices aren’t falling in any major metro area in the US amid a shortage in housing supply. According to a report by Redfin, the median home-sale price rose from a year earlier or stayed flat in all 50 of the biggest US metro areas during the