S&P 500 Gains and Losses Today: Teradyne Stock Plunges as Firm Foresees Tariff Effects
The S&P 500 slipped 0.8% on Tuesday, March 11, as investors digested the latest shifts in trade policy.
Traders Ramp Up Bets on Fed Rate Cuts as Recession Angst Builds
(Bloomberg) -- Traders in the futures and options markets are loading up on bets the Federal Reserve will have to lower rates this year by more than expected because of the Trump administration’s aggressive policy agenda.Most Read from BloombergNYC Congestion Pricing Toll Gains Support Among City ResidentsTrump DEI Purge Hits Affordable Housing GroupsElectric Construction Equipment Promises a Quiet RevolutionWhere New York City's Zoning Reform Will Add HousingOpen Philanthropy Launches $120 Mill
BlackRock CEO warns of 'elevated inflation' from Trump policies as Bitcoin faces volatility
"What we are seeing now is everyone de-risking to ride out these uncertain times," one expert said.
Investors Are Eyeing This 'Key Technical Indicator' as Stock Market Hovers Near Correction
The S&P 500 nearly fell into correction territory in intraday trading on Tuesday, a day after the index dropped below its 200-day moving average—a "key technical indicator" and gauge of market momentum.
Nature's Sunshine (NASDAQ:NATR) Beats Q4 Sales Targets
Wellness products company Nature’s Sunshine (NASDAQ:NATR) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 8.5% year on year to $118.2 million. The company expects the full year’s revenue to be around $457.5 million, close to analysts’ estimates. Its non-GAAP loss of $0 per share was significantly below analysts’ consensus estimates.
Stitch Fix (NASDAQ:SFIX) Surprises With Strong Q4, Stock Jumps 18.2%
Personalized clothing company Stitch Fix (NASDAQ:SFIX) announced better-than-expected revenue in Q4 CY2024, but sales fell by 5.5% year on year to $312.1 million. On top of that, next quarter’s revenue guidance ($313.5 million at the midpoint) was surprisingly good and 12.5% above what analysts were expecting. Its GAAP loss of $0.05 per share was 55.4% above analysts’ consensus estimates.
Wall Street Left Dazed and Confused as Trump Jolts Markets Again
(Bloomberg) -- It was just after 10 a.m., a half hour after the opening bell, and the S&P 500 Index had started to steady from the fear-induced selloff that swept across Wall Street on Monday. Most Read from BloombergNYC Congestion Pricing Toll Gains Support Among City ResidentsTrump DEI Purge Hits Affordable Housing GroupsWhere New York City's Zoning Reform Will Add HousingElectric Construction Equipment Promises a Quiet RevolutionInside the ‘Not Architecture’ of High Line Designers Diller Scof
Concrete Pumping (NASDAQ:BBCP) Reports Sales Below Analyst Estimates In Q4 Earnings
Concrete and waste management company Concrete Pumping (NASDAQ:BBCP) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 11.5% year on year to $86.45 million. The company’s full-year revenue guidance of $410 million at the midpoint came in 2.4% below analysts’ estimates. Its GAAP loss of $0.06 per share was significantly below analysts’ consensus estimates.
Tesla stock rises after worst day in almost 5 years as Musk says US production will double
Tesla bounced back on Tuesday following its worst day in five years after one of Wall Street’s biggest bulls said it was time to buy the stock — and President Trump pledged to buy a Tesla.
Volatile Trading Leaves US Stocks on Doorstep of a Correction
(Bloomberg) -- A fresh flurry of trade-policy headlines touched off another volatile trading day on Wall Street, with the S&P 500 Index’s three-week selloff briefly reaching 10% before a late rally pared the drop.Most Read from BloombergNYC Congestion Pricing Toll Gains Support Among City ResidentsTrump DEI Purge Hits Affordable Housing GroupsWhere New York City's Zoning Reform Will Add HousingElectric Construction Equipment Promises a Quiet RevolutionInside the ‘Not Architecture’ of High Line D