Martin Baccardax

1 week ago | thestreet.com | Martin Baccardax

U.S. stocks moved higher in late Thursday trading, rebounding from last night's tech-led selloff on Wall Street which dragged the S&P 500 to its lowest levels in a week, as investors looked to add to risky positions heading into the Easter holiday weekend. Updated at 1:10 PM EDTWeekend betMarkets are building gains into the final hours of trading, with the S&P 500 up 38 points and the Nasdaq rising 33 points, or 0.2% following some bullish remarks on trade talks from the White House.

1 week ago | kentucky.com | Martin Baccardax

President Donald Trump renewed his attack on Jerome Powell Thursday, declaring in a social media post that the Federal Reserve chairman's "termination can't come fast enough."The strongly worded message marks the latest in a series of criticisms the president has directed toward the Fed chairman, tied largely to Powell's reluctance to lower interest rates in the early months of the year. Trump himself appointed Powell in 2017.

1 week ago | miamiherald.com | Martin Baccardax

UnitedHealth Group posted weaker-than-expected first quarter earnings, and lowered its full year profit guidance, sending shares in the country's biggest health insurance group sharply lower in early Thursday trading. UnitedHealth (UNH) said said adjusted earnings for the three months ended in March came in at $7.20 a share, a 1.7% increase from the same period last year but 9 cents shy of the Wall Street consensus forecast.

1 week ago | miamiherald.com | Martin Baccardax

U.S. equity futures moved higher in early Thursday trading, following a tech-lead selloff on Wall Street last night that dragged the S&P 500 to its lowest levels in a week, as investors looked to add risk positions heading into the Easter holiday weekend. The Nasdaq lead stocks lower last night with a 3.07% decline, paced by a 6.9% slump for Nvidia (NVDA) after the AI chipmaker took a $5.5 billion inventory hit tied to new export restrictions on sales to China.

1 week ago | myrtlebeachonline.com | Martin Baccardax

U.S. retail sales powered higher last month, as consumers rushed to buy big-ticket items ahead of the tariff hit expected from President Donald Trump's trade policies. Headline sales rose 1.4% last month to $734.9 billion, the Commerce Department said Wednesday, just ahead of Wall Street's consensus forecast of a 1.3% gain and a solid rebound from the February reading of 0.2%.