Stocks Tumble Most This Year With Recession Warnings Blaring

The selloff in US equities accelerated Monday, with major averages tumbling to their worst day this year, as investors braced for a slowdown in the Amerian economy. The tech-heavy Nasdaq 100 Index plunged 3.8% for its worst day since October 2022. The S&P 500...

Strategists See More S&P 500 Volatility as Tariff Fears Kick In

A chorus of Wall Street strategists is warning about rising volatility in the stock market, with Morgan Stanley’s Michael Wilson the latest to sound the alarm on slumping economic growth amid President Donald Trump’s trade wars. The strategist, who was a prominent...

Wall Street Starts to Rethink Lofty S&P 500 Forecasts for 2025

For two consecutive years, stock-market prognosticators lifted their outlooks for the S&P 500 Index over and over again to keep up with an unrelenting rally. Now just under three months into the year, sell-side strategists at firms including JPMorgan Chase &...

Trump Says US Economy Faces ‘Transition,’ Avoids Recession Call

President Donald Trump said the US economy faces “a period of transition,” deflecting concerns about the risks of a slowdown as his early focus on tariffs and federal job cuts causes market turmoil. Asked on Fox News’ Sunday Morning Futures whether he’s expecting a...

Oil Falls to Six-Month Low as Economic Concerns Rattle Markets

Oil slid to a six-month low as signs of economic weakness in the world’s two biggest crude consumers fanned concerns that US tariffs will sap global energy demand. West Texas Intermediate dipped 1.5% to end the session near $66 a barrel, the lowest settlement price...

Tesla’s Post-Election Surge Vanishes as Musk Focuses on DOGE

In the weeks after Donald Trump won the US presidential election, investors pumped more than $700 billion into Tesla Inc. shares, betting that Elon Musk’s relationship with the commander in chief and growing political prominence would pay off for the automaker. Barely...

Americans are behind on car payments at a record level

Americans are missing their car payments at the highest rate in decades, according to Fitch Ratings data. Why it matters: Car costs, including loans and insurance, have soared in an economy where consumers are showing mounting signs of stress. By the numbers: 6.6% of...

Chaotic Market Burns Array of Hedge Fund Strategies in February

Millennium Management, Citadel and other top hedge funds posted lackluster returns in February, as market gyrations reversed momentum on key trades and clobbered popular stocks. Multistrategy firms with an equity market-neutral bias took some of the biggest hits....