Today’s Stock Market News and Breaking Stories

These deadlines also coincide with the U.S. debt-ceiling stand-off, which could add to market volatility. While we expect octafx broker reviews a resolution, it may not come until the last minute. Trump’s decision to delay a deadline on European Union trade talks lifted sentiment, even as he has shown a willingness to upend his trade policies on the fly. On Sunday, Trump posted on his Truth Social platform he had restored the date he would impose fresh tariffs on the E.U.

The S&P 500 fell 39 points, or 0.7%, to close at 5,803, while the Dow Jones Industrial Average shed 256 points, or 0.6% to close at 41,603. Cooling inflation is good news, even if some of the factors behind it are… not so great. Revenue plunged more than 60% from a year ago and more than 30% from the first quarter of 2022.

Tesla’s European and British sales fell by 45.2% in January, primarily due to increased competition from Chinese rivals and increased European manufacturers entering the sector. Tesla stock is down nearly 18% YTD and also over the last 1-month. Jeremy Siegel, professor emeritus of finance at University of Pennsylvania’s Wharton School of Business and Wisdom Tree chief economist, discusses why he remains bullish on equities.

Market indexes are unmanaged and cannot be invested into directly and are not meant to bearish symmetrical triangle pattern depict an actual investment. This is for informational purposes only and should not be interpreted as specific investment advice. Investors should make investment decisions based on their unique investment objectives and financial situation.

Wall Street climbs in choppy trading after Fed warns of rising risks for economy, holds rates steady

This in turn may prompt the US Federal Reserve to stall on cutting rates, or even conceivably move them higher again. This issue dominates, as the earnings backdrop for US companies is very strong, and unlikely to be of concern for markets,” says Stefan Hofer, managing director and chief investment strategist at LGT Bank (Hong Kong). Wall Street rallied after President Donald Trump delayed a 50% tariff on goods coming from the European Union. Gains accelerated following a better-than-expected report on U.S. consumer confidence.

Ultimately, people are pulling back spending because they’re struggling to make ends meet after a year of relentless price increases that have far outpaced wage growth. Recession fears are real, Free signals for trading forex and even if inflation has peaked, it’s not likely to go back down to pre-pandemic levels quickly. Shares of Coinbase, despite a more than 10% drop Tuesday before second quarter results were released, are up more than 35% in the past week. That rally is largely due to news that Coinbase is partnering with BlackRock to let the iShares owner’s institutional clients trade bitcoin on Coinbase Prime. “The current downturn came fast and furious, and we are seeing customer behavior mirror that of past down markets,” the company said late Tuesday in its earnings letter to shareholders.

Stephen Parker, JPMorgan Private Bank co-head of global investment strategy, joins ‘Squawk Box’ to discuss the latest market trends, what investors should do right now with their portfolios, state of … The three major US indices all look as if they are trying to turn to the upside in the premarket trading hours of Wednesday, as the uptrend looks likely to continue. Americans’ views of the economy improved in May after five straight months of declines sent consumer confidence to its lowest level since the onset of the COVID-19 pandemic, largely driven by anxiety … Every day, certain stocks outperform others, either riding the wave of favorable news or being weighed down by unforeseen events.

Markets showing ‘some complacency’ as stocks near record highs

But concerns are growing — including from JPMorgan CEO Jamie Dimon — that investors’ confidence could be overblown. Tariff levels remain high, and a growing chorus of Federal Reserve officials say they see interest rate cuts on hold until September amid trade uncertainty. The Big, Beautiful Bill will significantly increase government debt, pushing long-term interest rates higher as investors demand fiscal responsibility. It’s been a turbulent few weeks for markets, as some earnings reports have underwhelmed and fear about increased regulation of tech and lackluster AI performance have soured investors’ moods. Companies have reported US consumers have pulled back from restaurants and retailers, and this week some preliminary jobs data looked weak.

On Tuesday, Japan’s 10-year government bond yield fell roughly 4 basis points to 1.38%, dropping further from over 15-year highs as investors sought refuge in government bonds amid global economic and trade uncertainty. That rate cut, expected in six weeks, was priced in to stocks, which have been rising over the past few months in hopes of a cut. Rate cuts tend to juice stocks, because they lower borrowing costs for businesses and can help boost profits.

• “It’s highly unlikely they would say the US is in recession now given the strength of the jobs market,” he said, adding that the poor GDP reports were largely driven by inventory drawdowns.
• Dana Peterson, chief economist with The Conference Board, told Kosik that she thinks a three-quarters of a point rate hike is still likely in September.
• My bullish thesis was grounded in strong earnings forecasts and a belief th…
• Runaway inflation took a breather in July, with consumer prices increasing by 8.5% year over year, a slower pace than the 9.1% increase in June, the Bureau of Labor Statistics reported Wednesday.
• Jeremy Szafron joins Kitco News as an anchor and producer from Kitco’s Vancouver bureau.

Runaway inflation took a breather in July, with consumer prices increasing by 8.5% year over year, a slower pace than the 9.1% increase in June, the Bureau of Labor Statistics reported Wednesday. The stock market sure liked Wednesday’s inflation report, which showed price hikes took a break in July. Investors cheered the news that inflation cooled off a bit in July. Oil stocks, which have been big market winners in 2022 as crude prices soared following Russia’s invasion of Ukraine, were notable market losers Wednesday. Before the release of Wednesday morning’s CPI report, fed funds futures trading on the CME were indicating that the market was pricing in a 68% chance of another three-quarter point rate hike in September.

How major US stock indexes fared Friday, 5/16/2025

And Wall Street seems unfazed by Vice President Kamala Harris’ surprise frontrunner status for the Democratic presidential nomination. U.S. consumer confidence is expected to stay steady in May when that data is released at 10 a.m. The report comes as consumer surveys over the past several months have shown elevated public worries over the impact of tariffs, including higher inflation expectations. Economists surveyed by The Wall Street Journal and Dow Jones Newswire forecast that consumer confidence for May will come in at 86.0, the same as April’s reading. Many of the tax cuts are front-loaded, designed to be in force from 2025 to 2028, while and the spending cuts are backloaded, likely pushing the deficit to 7% of GDP in the next two years2. The likely increasing deficit is mathematically a positive from an economic standpoint, adding to GDP, though its impact is likely to be partly offset by the drag from tariffs.

Oil trades flat as markets digest Trump pulling back from Ukraine-Russia peace talks

CNBC’s Rick Santelli joins ‘Squawk on the Street’ with the latest economic data to cross the tape. The U.S. is selling $183 billion of debt, while Japan is selling 40-year bonds following a poorly received auction of 20-year paper. I recommend buying assets tracking major U.S. indices like SPY, as equity fund inflows are nearing record highs, signaling strong investor confidence.

• However, last week’s action was hardly a surprise, in our view, as Moody’s had the U.S. on negative watch since November 2023 and its downgrade simply matched the rating of the other two agencies.
• Investors appear to be betting that housing sales, which had started to cool as prices and mortgage rates climbed, may not fall off a cliff after all if the Fed becomes less aggressive.
• On Thursday, the stock market underwent a bit of a reset, with the Dow falling more than 600 points as America may be entering a new phase of the economy — a slowdown in hiring.
• Tracking the best performing market sectors can offer investors an edge, helping them channel their resources to where the action truly is.

Markets close lower after Trump lobs tariff threats at Apple and EU

Handpicked based on performance, volume, and news catalysts, the top stocks of the day offer investors a peek into the companies making headlines. These stocks, often the talk of the financial town, can provide insights into potential investment opportunities or threats on the horizon. On Thursday, the stock market underwent a bit of a reset, with the Dow falling more than 600 points as America may be entering a new phase of the economy — a slowdown in hiring. The broader S&P 500 tumbled 1.5% and the tech-heavy Nasdaq Composite dropped a stunning 2.5%. “The bond market is much more worried about persistent trade tensions, rising budget deficits and an unsustainable fiscal trajectory.”

Look for more of this bumpiness over the next few months as economists and investors sort out what may be a new phase in America’s economic growth story. The whipsawing in bonds comes as investors grow increasingly worried over the country’s debt burden, UBS said in a research note. A 90-day pause on reciprocal tariffs will end on July 9, while a separate 90-day reduction in tariffs on Chinese goods will end in August. So far, the U.S. has publicly announced deals with China and the United Kingdom.

There are signs of slowing in some areas of the economy, but not the kind that would prompt the central bank to quickly cut interest rates. The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, while the index remained in the “Greed” zone on Tuesday. Think consumers are worried about how much more they’ll pay this summer for a new sofa or barbecue grill thanks to the President Donald Trump administration’s global trade war? Sarah Kunst, Managing Director at Cleo Capital, discussed Nvidia’s tariff risks, AI sector shifts, and why software is stronger than robotics now. Wall Street loves a catchy acronym, and the “TACO trade” has captured the mood as investors and analysts attempt to make sense of the roller-coaster market action that has followed President Donald Tr… Markets rallied after the president delayed a threatened 50% EU tariff, but the risk remains and negatives are accumulating.