Market

Trump's Self-Imposed Tariff Deadline Looms, Leaving Global Markets in Uncertainty

Published on: January 30, 2025, 09:01 PM UTC

US stocks faced difficulties making progress on Thursday as investors processed earnings from technology giants and awaited Apple (AAPL) results for additional insights into the prospects of major technology companies. Despite gains of 0.3% for the S&P 500 (^GSPC) and a similar increase for the Dow Jones Industrial Average (^DJI), the Nasdaq Composite (^IXIC) remained near flatline, impacted by losses from Nvidia (NVDA) and Microsoft (MSFT) of 3% and 6%, respectively. Several earnings reports have drawn attention since the Federal Reserve held off on raising interest rates, with investors paying particular attention to the initial results from the "Magnificent Seven" companies that are credited for broader stock market gains.

Published on: January 30, 2025, 08:03 PM UTC

Housing contract activity slowed in December, indicating higher mortgage rates are giving some buyers pause.

Published on: January 30, 2025, 08:02 PM UTC

Comcast stock dropped over 10% after reporting a bigger-than-expected drop in broadband customers and subscriber stagnation for Peacock. The company announced strategic changes to bolster its connectivity business and remains optimistic about its spin-off venture.

Published on: January 30, 2025, 08:02 PM UTC

Strong Q4 GDP, Inflation Concerns Keep Fed on Hold for Now

Published on: January 30, 2025, 08:02 PM UTC

Strong Economic Data and Tech Earnings Boost Stocks as Market Bulls Hope for Broadening Rally

Published on: January 30, 2025, 08:01 PM UTC

Pennsylvania Gov. Josh Shapiro proposes fast-tracking energy projects and offering tax breaks for electricity and hydrogen production.

Published on: January 30, 2025, 07:06 PM UTC

Oil prices are steady as investors weigh the potential impact of tariffs. Canada and Mexico may avoid tariffs if they address illegal migration and fentanyl, according to Trump's commerce secretary pick. US economic growth was softer than expected in Q4, supporting expectations of Fed rate cuts. Canada is the largest oil exporter to the US, followed by Mexico.

Published on: January 30, 2025, 07:05 PM UTC

UPS stock price dropped 17.6% after reporting weak Q4 results and providing lower revenue guidance. Learn why the market overreacted and if now is a good time to buy UPS shares.

Published on: January 30, 2025, 07:05 PM UTC

Shares of 1-800-FLOWERS (FLWS) dropped 17.3% due to a weak fourth quarter with revenue and EPS below expectations, and a disappointing full-year EBITDA guidance.

Published on: January 30, 2025, 07:05 PM UTC