Tag: news

US stocks rebounded as investors looked beyond President Trump's latest tariff threats. The Dow Jones Industrial Average added 0.4%, the S&P 500 rose 0.6%, and the Nasdaq Composite jumped nearly 1%. Investors weighed Trump's recent pledge to introduce additional 25% tariffs on steel and aluminum from all countries. The new metals tariffs are likely to benefit US steel companies, whose stocks jumped. Markets also expect Trump to announce reciprocal tariffs on all trading partners. However, Monday's gains suggest that investors are getting used to Trump's trade salvos. Some on Wall Street say many now see the announcements as a negotiation tactic only.

Published on: February 11, 2025, 11:03 AM UTC

Trump's 25% tariffs on aluminum and steel imports spark market volatility as traders assess the impact on global supply chains and prices.

Published on: February 11, 2025, 08:01 AM UTC

Oil Rises as Trump's Tariffs Risk Rippling Through Energy Sector

Published on: February 10, 2025, 06:00 AM UTC

McDonald's (MCD) Q4 earnings preview: Revenue seen at $6.45 billion, EPS at $2.84. Same-store sales expected to decline 0.91% amid underperforming international markets and E. coli outbreak.

Published on: February 07, 2025, 08:01 PM UTC

Cloudflare (NET) stock jumps 19.51% on strong Q4 results, exceeding analyst estimates. Impressive revenue and operating profit growth, coupled with a rising enterprise customer base, drive the stock higher.

Published on: February 07, 2025, 08:00 PM UTC

Mortgage rates remain high, and consumers are losing hope that they will fall anytime soon. Fannie Mae's latest survey shows that only 35% of respondents expect rates to drop in the next 12 months, down from 42% in December. The share of consumers who think rates will rise jumped to 32%, from 25%.

Published on: February 07, 2025, 07:02 PM UTC

Three software stocks, PLTR, NOW, and ZS, are top picks for long-term investment due to their strong financial performance, growth potential, and ability to capitalize on the increasing demand for software solutions.

Published on: February 07, 2025, 07:01 PM UTC

President Trump targets hedge fund tax break in meeting with Republican lawmakers on tax cuts. The move could face intense lobbying from the hedge fund industry and private equity firms.

Published on: February 07, 2025, 01:02 AM UTC

Federal Reserve President Austan Goolsbee says the U.S. economy has settled into full employment and inflation is looking better. As a result, the Fed will continue cutting interest rates, though uncertainty about the impact of tariffs and other policy changes argues for a slower approach.

Published on: February 06, 2025, 07:00 PM UTC

Huntington Ingalls Industries (HII) misses Wall Street estimates with Q4 earnings of $3.15 per share and $3 billion in revenue. Access a Zacks stock report on HII at https://www.zacks.com/ap/HII.

Published on: February 06, 2025, 01:07 PM UTC