Apr 4, 2025 | Markets
Wall Street forecasters are turning ice cold on US equities, telling investors to refrain from buying the selloff as President Donald Trump’s historic trade war raises the specter of recession. Bank of America Corp.’s Michael Hartnett became the latest to recommend...
Apr 4, 2025 | Markets
A frenzy of hedge fund trading that has been a boon to investment banks may suddenly be nearing its limit, as big investors privately mull one of the dreaded phrases of Wall Street: the sidelines. In Manhattan and beyond, some active traders are debating behind the...
Apr 3, 2025 | Markets
The world’s 500 richest people saw their combined wealth plunge by $208 billion Thursday as broad tariffs announced by President Donald Trump sent global markets into a tailspin. The drop is the fourth-largest one-day decline in the Bloomberg Billionaires Index’s...
Apr 3, 2025 | Markets
All across the world, as sell orders lit up screens on trading floors from Tokyo to London and New York, a sobering reality took hold: Donald Trump is serious about upending the global trading system — and it appears, at least for now, that fears of a stock-market...
Apr 2, 2025 | Markets
The S&P 500 Index has started each day this week down significantly on fears of trade wars and slowing economic growth only to recover and close well into the green. While the movements of the stock market aren’t always clear, there is a culprit lurking beneath...
