Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Money

Stocks rise ahead of Trump’s tariff announcements

Dow rises over 200 points amid Wall Street’s volatility ahead of Trump’s imminent tariff announcements.

Published

on

Dow rises over 200 points amid Wall Street’s volatility ahead of Trump’s imminent tariff announcements.

In Short

Stocks rose on Wednesday as traders anticipated President Trump’s new tariffs, with the S&P 500 up 0.67% and Tesla shares gaining 5.3%.

There is uncertainty over the tariffs’ details and their economic impact, leading to mixed market sentiments.

Stocks gained on Wednesday as traders prepared for President Trump’s imminent tariff rollout.

The S&P 500 rose 0.67% to 5,670.97, and the Nasdaq Composite increased by 0.87% to 17,601.05. The Dow Jones Industrial Average saw a rise of 235.36 points, or 0.56%, ending at 42,225.32. Earlier in the day, the S&P 500 had dipped more than 1%.

Tesla shares improved by 5.3% following reports that Elon Musk intends to step down from his advisory role.

The increases came ahead of the expected introduction of reciprocal tariffs by the Trump administration, intended to apply to all countries. The levies will be effective immediately after the announcement scheduled for later today.

Specific details about the tariffs remain unclear, leading to concerns about which sectors will be affected and the potential economic slowdown. The administration has yet to determine exact tariff levels, with various options still under consideration.

There are mixed sentiments in the market, with some wanting lower tariffs than previously indicated, which were suggested to be around 20% on most imports.

Market reactions to Trump’s tariff announcements have led to recent fluctuations, with the broad market index down five of the last six weeks. Despite the current sell-off, some investors believe that the decline may be excessive.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

Money

Stocks rally ahead of Thanksgiving as markets log four days of gains

Markets gain momentum ahead of Thanksgiving, with the Dow up 388 points and Oracle rising 4% amid investor optimism.

Published

on

Markets gain momentum ahead of Thanksgiving, with the Dow up 388 points and Oracle rising 4% amid investor optimism.


Markets are moving into the Thanksgiving break with strong momentum, as stocks notch four straight days of gains. The Dow Jones Industrial Average jumped 388 points, while the S&P 500 added 0.9%, pushing both indexes toward their best week since June.

Oracle led major movers, rising more than 4% after Deutsche Bank reaffirmed its bullish outlook on the tech giant. Broad investor optimism continues building across sectors as economic data softens and earnings remain resilient.

All eyes are now on the Federal Reserve and what potential shifts in interest-rate policy may mean for the markets. U.S. markets will close Thursday for the Thanksgiving holiday and reopen Friday for a shortened trading session.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#Markets #Stocks #Thanksgiving #DowJones #SP500 #Oracle #FederalReserve #FinanceNews


Download the Ticker app

Continue Reading

Money

Dow surges 500 points amid rate cut optimism

Dow jumps 569 points on fresh hopes for December rate cut and AI market optimism

Published

on

Dow jumps 569 points on fresh hopes for December rate cut and AI market optimism

video
play-sharp-fill
In Short:
– Dow Jones rose 569 points, reflecting optimism for a Federal Reserve interest rate cut.
– Alphabet’s stock increased as Meta may invest in AI chips, but Nvidia’s declined amid market concerns.
The Dow Jones Industrial Average increased by 569 points or 1.2% on Tuesday, reflecting investor optimism for an upcoming Federal Reserve interest rate cut. The S&P 500 and Nasdaq Composite also posted gains, up 0.8% and 0.4% respectively. This represented a recovery from earlier losses, where the S&P 500 briefly fell by 0.7%.Banner

Markets anticipate an 85% chance of a quarter-point rate cut in December, driven by comments from New York Fed President John Williams, who indicated the possibility of lower rates soon. Investor sentiment strengthened following reports that Kevin Hassett may be appointed as the next Fed chair, potentially resulting in a more lenient monetary policy.

Tech Sector

Alphabet saw its stock rise by over 1% after reports indicated that Meta Platforms might invest in its AI chips. This could signal increased demand for AI technology, benefiting the sector overall. However, Nvidia’s stock fell more than 3%, suggesting concerns about its dominance in the AI chip market.

Investors are also wary of the valuation of tech stocks. Despite recent gains, the S&P 500 and Nasdaq remain down over 1% and 3%, respectively, for November, while the Dow has lost more than 1% this month. The broader market’s performance indicates ongoing scrutiny regarding tech valuations amid changing economic expectations.


Download the Ticker app

Continue Reading

Money

Gold prices surge as Central Banks buy big, but risks grow ahead

Gold prices surge as central banks increase demand; risks include a stronger dollar and rising interest rates.

Published

on

Gold prices surge as central banks increase demand; risks include a stronger dollar and rising interest rates.


Gold prices are climbing fast as central banks ramp up buying, pushing demand to its highest levels in years. The metal’s reputation as a safe haven is strengthening, especially amid rising geopolitical tensions and global financial uncertainty.

But experts warn the shine could fade. A stronger US dollar and the possibility of rising interest rates may weigh on momentum, making investors question how long the rally can last.

Dr Steven Enticott from CIA Tax breaks down the drivers behind gold’s surge—from ETF inflows to physical bar demand—and what could send the price sharply higher… or lower.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#gold #markets #centralbanks #economy #finance #investing #interestRates #usdollar


Download the Ticker app

Continue Reading

Trending Now