Stocks slipped Friday as traders weighed the latest developments on the tariff front as they wrap up a wild week.
The Dow Jones Industrial Average traded 140 points lower, or 0.4%. The S&P 500 shed 0.4%, and the Nasdaq Composite
pulled back by 0.2%.
This week has been one of the most volatile periods on record for Wall Street. The major averages tumbled Thursday as traders went into risk-off mode, with trade policy uncertainty weighing on sentiment, losing a chunk of the historic gains seen on Wednesday after Trump announced a 90-day reprieve on some of his high "reciprocal" tariffs.
The S&P 500 fell 3.46% on Thursday, while the 30-stock Dow tumbled 1,014.79 points, or 2.5%.
The tech-heavy Nasdaq ended the day lower by 4.31%. On Wednesday, the S&P 500 rallied 9.52% for its third-largest gain in a single day since World War II, while the 30-stock Dow skyrocketed more than 2,900 points.
Source: CNBC
Asian stocks opened higher, following Friday's rise in US stocks, which fueled hopes for a year-end rally. Many investors are starting to re-enter the market after a market correction. The MSCI Asia-...
US stocks closed sharply higher on a triple-witching Friday, with the S&P 500 rising 0,9%, the Nasdaq 100 gaining 1.4%, and the Dow Jones adding more than 180 points, extending gains from the prev...
European equities closed higher on Friday, with the STOXX 50 up 0.6% and the STOXX 600 rising 0.4% to a fresh record, boosted by expectations of further Fed rate cuts next year and fading bets that th...
European stocks opened mixed on Friday (December 19th), as investors digested a number of interest rate decisions and awaited crucial budget talks in France. Regional investors were shaken by a day f...
Asia-Pacific stock markets opened higher on Friday, as investors awaited a key decision from the Bank of Japan (BOJ). Markets expect the BOJ to raise interest rates to 0.75%, the highest level since 1...
The Nikkei 225 Index climbed 1.81% to close at 50,402 on Monday, comfortably surpassing the 50,000-point mark, tracking Friday's strong performance on Wall Street. The rally on Wall Street was driven by robust technology earnings and easing...
Silver climbed more than 3% to above $69 per ounce on Monday, reaching a new record, driven by expectations of further Federal Reserve rate cuts and escalating geopolitical tensions. Recent US data point to moderating inflation and a softer labor...
Federal Reserve Bank of Cleveland President Beth Hammack said she saw no need to change U.S. interest rates for months ahead after the central bank cut borrowing costs at its last three meetings, the Wall Street Journal reported on Sunday. Hammack...
US stocks closed sharply higher on a triple-witching Friday, with the S&P 500 rising 0,9%, the Nasdaq 100 gaining 1.4%, and the Dow Jones adding...
European equities closed higher on Friday, with the STOXX 50 up 0.6% and the STOXX 600 rising 0.4% to a fresh record, boosted by expectations of...
President Vladimir Putin said he is willing to discuss ending Russia's war in Ukraine, despite rejecting changes sought by Kyiv and Europe to the...
Asian stocks opened higher, following Friday's rise in US stocks, which fueled hopes for a year-end rally. Many investors are starting to re-enter...