Wall Street’s leading prognosticators have been humbled this year, with so many proven wrong about the damage President Donald Trump’s combative trade policies would do to the stock market. But despite all the convulsions and uncertainty, most equities strategists...

Equity strategists at Citigroup Inc. lowered their view on US equities, saying the case to diversify away from the asset class is strengthening as the trade war undermines economic growth and earnings. Cracks in “US exceptionalism” will persist with the emergence of...

Americans are rarely this pessimistic about the economy. Consumer sentiment plunged 11% this month to a preliminary reading of 50.8, the University of Michigan said in its latest survey released Friday, the second-lowest reading on records going back to 1952. April’s...

A struggle by investors to predict President Donald Trump’s mercurial policies set trading records at Wall Street banks in the first quarter. But as industry leaders looked ahead, they had no great answers and scant optimism for what’s to come. Variations of...

Market jitters over trade could damage more than your retirement fund balance. When investors feel less wealthy, they may also choose to spend less. Income is a paycheck, but wealth is at least partially a vibe. One day a portfolio of stocks is worth $100,000, and the...

The 10 Largest S&P 500 Companies From 1985 to 2024 The S&P 500’s top companies are often considered industry leaders and bellwethers of the broader market, and typically make up a substantial share of the index’s total market cap. The top 10 company rankings...

A JPMorgan Chase & Co. strategist whom Jamie Dimon has lauded as “one of our firm’s great thinkers” is taking an unusual approach to highlight fears on Wall Street over speaking out against the Trump administration. On Monday, before Donald Trump pivoted...

The dollar plunged Thursday, with the cost of hedging against further slides climbing to the highest since the Covid pandemic shuttered cities in early 2020. Markets expect more dollar weakness, with the Bloomberg Dollar Spot Index down 1.5% at the end of trading in...

Over the past few years, there has been a tremendous amount of buzz about an imminent “reset” of the global economy.  Well, what we are currently witnessing may not look like what they were anticipating, but a “reset” of the global economy is definitely here....

Former Treasury Secretary Lawrence Summers warned that the US is now likely headed toward a recession, with potentially 2 million Americans put out of work, thanks to the tariff increases now in train. “It’s more likely than not that we’re going to have a recession —...

The stock market is particularly vulnerable to wild swings right now due to a combination of thin liquidity and headline-driven algorithmic trading bots. That’s what helped turn a false tweet about President Donald Trump’s plans for tariffs into a $2.7 trillion market...

JPMorgan believes the US economy will enter a recession in the back half of 2025 as the impact of President Trump tariffs takes hold in the economy. The firm's chief US economist Michael Feroli sees a two-quarter recession occurring in the back half of 2025 as GDP...

Shares of big US banks plummeted, notching their biggest two-day drop since March 2020, after China escalated its trade war with the US. Some of Wall Street’s top lenders, Morgan Stanley, Goldman Sachs Group Inc. and Citigroup Inc., all closed more than 7% lower after...

Senator Ted Cruz, usually a staunch supporter of President Donald Trump, sounded the alarm on the administration’s move to ramp up tariffs, saying they pose “enormous risks” to the US economy and make Republicans vulnerable to a “bloodbath” in next year’s midterm...