U.S. stocks drifted Tuesday through a rare quiet day for financial markets. The Dow Jones Industrial Average fell 155 points, or 0.4%, and the Nasdaq composite edged down by less than 0.1%. The modest moves offered some respite following the huge swings that have battered Wall Street recently, not just day to day but also hour to hour.
U.S. stocks are rising Tuesday in a rare quiet day for financial markets, for now at least. The S&P 500 was up 0.3% in afternoon trading, though it’s been prone to huge swings not just day to day but also hour to hour. The day before, it went from a gain of 1.8% to a slight loss back to a gain as it struggled to keep up with shifts in President Donald Trump’s trade war, which economists warn could cause a global recession unless it’s scaled back.
Palantir shares jumped nearly 5% Monday to extend last week’s recovery following news that NATO had acquired the analytics software provider’s AI-enabled military system. Monitor these key levels on the weekly chart.
"I'm looking at something to help car companies with it," President Donald Trump told reporters.
The death cross last flashed for both indices in March 2022, which was the early days of a painful bear market.
BOSTON/LONDON (Reuters) -Some trade policy relief and strong bank earnings helped push Wall Street up slightly on Tuesday, while U.S. government bonds and the dollar were steady, after U.S. President Donald Trump touted possible tariff changes on autos. Trump said on Monday he was considering a modification to the 25% tariffs imposed on foreign auto and auto parts imports from Mexico, Canada and other places. The main U.S. stock indexes ticked higher on Tuesday, with Bank of America, Citigroup and Wells Fargo gaining after the trio of banking giants posted strong profits for the first quarter.
Webull explored going public during the 2021 stock market boom, but a sharp bear market in 2022 sidelined those plans.
TOKYO (Reuters) -Global markets are experiencing volatility from uncertainty over U.S. tariff policy but not seeing a huge decline in short-term liquidity, a senior Bank of Japan official said on Tuesday. Global stock, currency and bond markets have whipsawed due to President Donald Trump's back-and-forth comments on tariffs, with some analysts seeing the recent sharp declines in U.S. Treasuries and the dollar as a sign markets are losing confidence in the safe-have status of U.S. assets.
The size of the crypto lending market has fallen by over 43% from its 2021 high of $64.4 billion, dropping to $36.5 billion by the end of the fourth quarter of 2024.
Kraken has launched commission-free trading for over 11,000 U.S.-listed stocks and exchange-traded funds (ETFs), expanding beyond cryptocurrency.
