Stock Market Today: Dow skids 850 points
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Financial concern is spiking among Americans, as 25.5 percent of the population fears a Wall Street meltdown, says report.
Wholesale data showed milder inflationary pressures while Trump renewed his threat to impose "take it or leave it" tariffs on trading partners.
Live Updates Live Coverage Updates appear automatically as they are published. Barclays Loves Oracle 10:43 am Barclays Capital rewarded Oracle (NYSE: ORCL) for its recent earnings beat by raising its price target on the tech stock to $221 this morning.
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China was still closed and outside of the trading system. The largest developing country with manufacturing exports was Taiwan. When China joined the United Nations in October 1971, Taiwan was no longer listed in the reports on world trade in manufacturers.
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In the days before President Donald Trump suddenly paused most of the punishing tariffs on foreign countries he had revealed in early April, more than a dozen congressional lawmakers were tied to thousands of dollars’ worth of stock transactions,
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In 2023 and 2024, investors championed the rise of the "Magnificent Seven" tech stocks, leading to a historically low number of S&P 500 ( ^GSPC) constituents outperforming the broader index. This year, things are looking more normal relative to market history.
President Donald Trump has set off a fresh round of worrying about his approach toward the Federal Reserve with his statement that his pick for the next Fed chair is “coming out very soon.”
JBS, the biggest meatpacker in the world, is set to go public on the New York Stock Exchange this week. JBS, a Brazilian company that is the world’s biggest meatpacker, is expected to make its debut on the New York Stock Exchange on Friday, one day later than planned.
One of Warren Buffett's best tips for investing amid volatility is to "be fearful when others are greedy, and be greedy when others are fearful." He offered this advice in a 2008 opinion piece for The New York Times, when investors were discouraged and pessimistic during the Great Recession.