NASDAQ Composite

Magnificent 7 relinquishes more than  trillion as tech drives stock market nosedive
World

Magnificent 7 relinquishes more than $1 trillion as tech drives stock market nosedive

A trader is comforted by a coworker as they work on the floor of the New York Stock Exchange, March 1, 2018. Eduardo Munoz Alvarez / Getty Images The Magnificent Seven stocks collectively lost more than $1 trillion in Thursday trading, a stunning milestone that underscores how President Donald Trump’s tariff rollout crippled financial markets. […]

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Small-cap benchmark Russell 2000 becomes first major U.S. stock measure to enter bear market
World

Small-cap benchmark Russell 2000 becomes first major U.S. stock measure to enter bear market

A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York City, on April 3, 2025. Charly Triballeau | Afp | Getty Images Small-cap stocks, which were once thought to be primary beneficiaries of President Donald Trump’s policies, entered bear market territory on Thursday after a […]

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Wall Street’s fear gauge is close to signaling a bear market, says DataTrek Research
World

Wall Street’s fear gauge is close to signaling a bear market, says DataTrek Research

Wall Street’s fear gauge is close to signaling a bear market, according to DataTrek Research. The CBOE Volatility Index topped the 29 level on Thursday in a sign the stock sell-off will continue unless volatility abates from here. Typically, a reading above 20 indicates elevated fear and uncertainty in the market, according to Nicholas Colas, […]

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Tech stocks sink after Trump tariff rollout — Apple heads for worst drop in 5 years
Technology

Tech stocks sink after Trump tariff rollout — Apple heads for worst drop in 5 years

CEO of Meta and Facebook Mark Zuckerberg, Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai, and Tesla and SpaceX CEO Elon Musk attend the inauguration ceremony before Donald Trump is sworn in as the 47th U.S. president in the U.S. Capitol Rotunda in Washington, Jan. 20, 2025. Saul Loeb | Via Reuters Technology […]

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Asia-Pacific markets poised to plunge following Trump’s hefty tariffs on countries in the region
World

Asia-Pacific markets poised to plunge following Trump’s hefty tariffs on countries in the region

Sunset view of Yarra river and Melbourne skyscrapers business office building with evening skyline in Victoria, Australia. Australia tourism, modern city life, or business finance and economy concept Prasit Photo | Moment | Getty Images Asia-Pacific markets are poised to plunge on Thursday, after U.S. President Donald Trump imposed hefty reciprocal tariffs on over 180 […]

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U.S. stocks drop after hours as Trump imposes sweeping tariffs, S&P 500 ETF falls 2%: Live updates
World

U.S. stocks drop after hours as Trump imposes sweeping tariffs, S&P 500 ETF falls 2%: Live updates

A trader works on the floor at the New York Stock Exchange on April 2, 2025. Brendan McDermid | Reuters U.S. stocks fell in after hours trading as President Donald Trump unveiled sweeping tariffs of at least 10% and even higher for some countries, raising the risks of a global trade war that hits the […]

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CNBC Daily Open: Trump tariffs could be hours away — but might be milder than thought
World

CNBC Daily Open: Trump tariffs could be hours away — but might be milder than thought

Trucks coming from Mexico enter the United States to an inspection station after crossing the border in Otay Mesa, California, on April 1, 2025.  Sandy Huffaker | AFP | Getty Images The dread of something bad happening is usually more severe than the event itself. This could well be the case for U.S. President Donald […]

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CNBC Daily Open: Trump tariffs will take effect ‘immediately’ but could be milder than thought
World

CNBC Daily Open: Trump tariffs will take effect ‘immediately’ but could be milder than thought

Trucks make their way to the Ambassador Bridge to cross into the United States at Detroit on April 1, 2025 in Windsor, Canada.  Bill Pugliano | Getty Images The dread of something bad happening is usually more severe than the event itself (such as heading back to work after a holiday). This could well be […]

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Stock futures tick higher ahead of Trump tariffs: Live updates
World

Stock futures tick higher ahead of Trump tariffs: Live updates

Traders work on the floor of the New York Stock Exchange during morning trading on April 01, 2025 in New York City.  Michael M. Santiago | Getty Images Stock futures moved higher on Tuesday evening as Wall Street braces for the expected rollout of President Donald Trump’s tariffs on Wednesday. Futures tied to the S&P […]

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Cliff Asness’s AQR multi-strategy hedge fund returns 9% in the first quarter during tough conditions
Finance

Cliff Asness’s AQR multi-strategy hedge fund returns 9% in the first quarter during tough conditions

Cliff Asness. Chris Goodney | Bloomberg | Getty Images AQR Capital Management’s multistrategy hedge fund beat the market with a 9% rally in the first quarter as Wall Street grappled with extreme volatility amid President Donald Trump’s uncertain tariff policy. The Apex strategy from Cliff Asness’ firm, which combines stocks, macro and arbitrage trades and has […]

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