Wall Street edge down from records amid Trump Tariff threats
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Stifel's Barry Bannister believes the stock market is in store for a 12% correction amid stagflation fears.
The White House rolled out a series of new tariff announcements this week, yet the S&P 500, Nasdaq, bitcoin, and Nvidia have all notched all-time highs over the last 24 hours. Meanwhile, the VIX — Wall Street’s fear gauge — has collapsed well below its long-run average after surging to historic highs in April.
If this Wall Street analyst is correct, Nvidia shareholders will see monster returns through the end of the decade.
Live Updates Live Coverage Has Ended Friday Wrap-up 4:02 pm The Vanguard S&P 500 ETF closed at 573.26 on Friday, down 0.3% for the day and down 0.5% for the week. Elon Musk is in Hot Water in France 1:15 pm France is reportedly probing allegations that X (nee Twitter) manipulated its algorithms for the
The stock market and bond market are forecasting different scenarios for the U.S. economy. The former projects optimism — higher equity prices, earnings growth, broad enthusiasm — but the latter sees weakening growth. Apollo chief economist Torsten Slok highlighted this disconnect in research published this week.
A day after Nvidia set a new record by reaching a $4 trillion market cap, at least three Wall Street analysts issued new reports that rated the stock a buy, according to Bloomberg data. The bulls pointed to Nvidia’s role as the premier chipmaker and the fact that compared to its fundamentals, the stock is still trading at a fair price.
U.S. stocks are higher in afternoon trading Wednesday as Wall Street weighs the latest developments in Trump's trade wars.
Hiding in Plain Sight Quantum computing has surged from theoretical curiosity to a transformative frontier, promising to revolutionize fields like cryptography, AI, and drug discovery. Advancements in qubit scalability and error correction have propelled the industry forward,
Moves have been muted despite increasing rhetoric in recent days about higher trade levies