Articles

  • 1 day ago | bloomberg.com | Joel Leon

    Traders work on the floor of the New York Stock Exchange. Photographer: Michael Nagle/Bloomberg(Bloomberg) -- US stocks trimmed gains after Treasury Secretary Scott Bessent said President Donald Trump had not offered to cut tariffs on China on a unilateral basis, reining in market optimism. The S&P 500 Index rose  at  in New York, while the Nasdaq 100 Index climbed , easing back from advances of as much as 3.4% and 4.2%, respectively.

  • 1 day ago | news.bloomberglaw.com | Joel Leon

    US stocks rallied as the White House’s latest messages on tariffs led investors to be more hopeful about the US reaching deals with crucial trading partners. The S&P 500 Index closed 2.5% higher in New York on Tuesday, while the Nasdaq 100 Index finished up 2.6%. The S&P 500 rebounded from the previous day’s slide, triggered by President Donald Trump’s call for Federal Reserve Chair Jerome Powell to lower interest rates.

  • 2 days ago | bloomberg.com | Joel Leon

    A Tesla store in Colma, California. The tesla stock is down 42% so far this year. (Bloomberg) -- US stocks rallied as the White House’s latest messages on tariffs led investors to be more hopeful about the US reaching deals with crucial trading partners. The S&P 500 Index closed  higher in New York on Tuesday, while the Nasdaq 100 Index finished up .

  • 2 days ago | news.bloomberglaw.com | Joel Leon

    US stocks tumbled as President Donald Trump called on the Federal Reserve chair to cut interest rates amid mounting signs his trade war is pushing the economy toward recession. The dollar fell with long-dated Treasuries, while gold rallied. The S&P 500 Index closed down 2.4% in New York, while the Nasdaq 100 Indexfell 2.5%. The Cboe VIX Index hovered around 34. Tesla Inc. plunged 5.7% ahead of results postmarket Tuesday. Sweetgreen Inc.

  • 3 days ago | bloomberg.com | Joel Leon

    Traders work on the floor at the New York Stock Exchange (NYSE) in New York, US, on Friday, April 11, 2025. US assets slumped across the board as the intensifying US-China trade spat threatens turmoil in the economy and the financial system. Photographer: Michael Nagle/Bloomberg(Bloomberg) -- US stocks tumbled as President Donald Trump called on the Federal Reserve chair to cut interest rates amid mounting signs his trade war is pushing the economy toward recession.

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