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The "Trump trade" is faltering, with US stocks lagging and yields on 10-year Treasuries pulling back. Volatility has increased, testing the resolve of traders who have been buying the dip. Despite strong economic fundamentals, international trade concerns have contributed to the volatility, and investors are struggling to adjust to Trump's unpredictable policy making.
Published on: February 07, 2025, 11:01 PM UTC
Anduril Industries eyes $28B valuation in funding round led by Founders Fund
Published on: February 07, 2025, 11:00 PM UTC
Chicago Fed President Austan Goolsbee expects interest rates to move lower over the next 12-18 months despite the Fed potentially being on hold for now.
Published on: February 07, 2025, 10:02 PM UTC
January's jobs report shows unexpected resilience in the labor market, with a 4% unemployment rate, 0.5% wage growth, and revised higher monthly job gains. This suggests the Fed is unlikely to cut interest rates anytime soon, despite earlier projections of two cuts in 2025.
Published on: February 07, 2025, 10:02 PM UTC
Oil prices fell for a third week as concerns over a trade war between the US and China weighed on markets. West Texas Intermediate and Brent futures ended the week down more than 2%.
Published on: February 07, 2025, 10:02 PM UTC
US stocks fell Friday as investors weighed threats of more tariffs from the Trump administration and digested a jump in consumer inflation expectations. The S&P 500 and tech-heavy Nasdaq Composite finished lower, marking their second consecutive week of losses. The Dow Jones Industrial Average also dropped over 400 points, its worst daily performance in about four weeks.
Published on: February 07, 2025, 10:01 PM UTC
Tesla stock fell over 10% last week as China sales dropped and German registrations hit a low since 2021. Meanwhile, competitor BYD saw a 47% sales surge.
Published on: February 07, 2025, 10:01 PM UTC
US Stocks Fall Amid Tariff Threats, Inflation Worries, and Mixed Jobs Data
Published on: February 07, 2025, 10:01 PM UTC
Tesla stock sinks as China sales slump, Biden administration suspends funding for EV chargers.
Published on: February 07, 2025, 09:03 PM UTC
US stocks fell on Friday as the market digested the threat of more possible tariffs from the Trump administration and a jump in consumer expectations for inflation, overshadowing the monthly jobs report. The S&P 500 fell 1% as sentiment sank, while the tech-heavy Nasdaq Composite slid 1.4% in its worst day since January and its second week of consecutive losses. The Dow Jones Industrial Average also dropped more than 400 points, or 1%, marking its worst daily performance in four weeks.
Published on: February 07, 2025, 09:03 PM UTC