Month: April 2025
CNBC Daily Open: Consumers are worried over the economy. The White House insists it’ll be fine
People shop at a grocery store in Manhattan on April 01, 2025, in New York City. Spencer Platt | Getty Images A day without major tariff developments from U.S. President Donald Trump’s administration is, for markets, a day of cautious optimism (or at least what passes as “optimism” in such unusual times). There was breathing […]
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Asia-Pacific markets mostly rise after tech rally pushes Wall Street higher
The view of Nanjing Road East Pedestrian Mall, the main shopping street in Shanghai. Bruce Yuanyue Bi | The Image Bank | Getty Images Asia-Pacific markets mostly rose Tuesday after all three key benchmarks on Wall Street rose on a tech rally. Japan’s benchmark Nikkei 225 started the day 1.12% higher, while the broader Topix […]
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U.S. stock futures slide after S&P 500 posts back-to-back gains: Live updates
Investors need to practice patience amid a ‘very much intact bull market,’ says Oppenheimer It is essential for investors to practice patience and not got swept up in trepidation amid this period of heightened uncertainty, according to Oppenheimer. In a Monday note, Oppenheimer chief investment strategist John Stoltzfus reiterated his bullish stance on equities. “We […]
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Online trading platform Webull soars 375% in second day on market after SPAC merger
Anthony Denier, CEO fo Webull, speaks during an interview on CNBC on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 1, 2022. Brendan McDermid | Reuters Shares of Webull soared nearly 375% on Monday, the second day on the market for the stock-trading app, which completed its merger […]
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Harvard University rejects Trump DEI demands, imperiling $9 billion in federal funding
A person runs past Dunster House at Harvard University in Cambridge, Massachusetts, March 17, 2025. Scott Eisen | Getty Images Harvard University on Monday rejected demands by the Trump administration to eliminate its DEI programs and screen international students for ideological concerns, putting nearly $9 billion in federal funding for the university at risk. “No […]
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Apple regains $3 trillion market cap after Trump exempts tariffs on iPhones
Apple CEO Tim Cook greets former President Barack Obama at the inauguration of U.S. President Donald Trump at the U.S. Capitol Rotunda in Washington, D.C., on Jan. 20, 2025. Julia Demaree Nikhinson | Getty Images Apple shares rose more than 2% on Monday, pushing the company’s market cap back above $3 trillion, as Wall Street […]
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U.S. businesses sue to block Trump tariffs, say trade deficits are not an emergency
U.S. President Donald Trump attends a cabinet meeting at the White House in Washington, D.C., U.S., April 10, 2025. Nathan Howard | Reuters A group of five small businesses on Monday sued President Donald Trump, seeking to block new tariffs that he has imposed on foreign imports in recent weeks. The lawsuit in the U.S. […]
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Buy these stocks that can better ride out tariff market volatility, Trivariate says
Higher-quality stocks with more achievable relative growth rates and earnings estimates could be investors’ best bets for hedging against mounting market uncertainty, according to Trivariate Research. Rising uncertainty stemming from President Donald Trump’s April 2 “reciprocal” tariff rollout has plagued markets , with the S & P 500 suffering a four-day string of losses and […]
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DOJ charges man in arson attacks on Tesla showroom, Republican HQ in New Mexico
Republican Party headquarters is damaged in a fire in Albuquerque, New Mexico, U.S., in this handout image released on March 30, 2025. New Mexico GOP | Via Reuters The Department of Justice on Monday said it charged a New Mexico man in connection with arson attacks in Albuquerque targeting a Tesla showroom and the state’s […]
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Fed Governor Waller sees tariff inflation as ‘transitory’ in ‘tush push’ comparison
Federal Reserve Governor Christopher Waller speaks during the Clearing House Annual Conference in New York City, on Nov. 12, 2024. Brendan Mcdermid | Reuters Federal Reserve Governor Christopher Waller said Monday he expects the effects of President Donald Trump’s tariffs on prices to be “transitory,” embracing a term that got the central bank in trouble […]
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