Stocks tumble
Digest more
Nuclear power stocks surge
Digest more
Solar stocks, tax bill
Digest more
Stocks cut losses as investors size up Trump's new tariff threats against Apple and the EU. Treasury yields also in focus as big tax bill progresses.
The market meltdown hypothesis, popular in the 1990s, held that equity sales by retiring baby boomers would swamp demand from their juniors, crashing the market. It seemed wrong for a while, partly because of globalisation.
Explore more
Apple falls after President Donald Trump says the tech giant will have to pay a tariff of at least 25% for iPhones made outside the United States, while Tesla stock is on pace to end a four-week winning streak.
U.S. stocks saw a broad selloff Wednesday afternoon after the yield on the 10-year Treasury crossed above 4.5% rattling investors. The benchmark is a barometer for everything from mortgages to personal loans and now signaling higher borrowing costs.
The 50-day moving average is a short- to mid-term trend indicator. When a stock is above its rising 50-day MA, it has about a 67% chance of closing higher the next day. That trend flips bearish when the 50-day is sloping downward. This “technical rule” can be used effectively on stocks, ETFs and market indices.
Wall Street had its worst week since early April after President Trump said he would impose steep tariffs on E.U. goods and targeted Apple with a tax on foreign-made iPhones.
Mehul Kothari of Anand Rathi recommends three shares to buy or sell — Everest Kanto Cylinder, Bajaj Hindusthan Sugar and Ola Electric Mobility shares.
Durable financial performance, a strong brand, and network effects are probably why this leading financial services entity is a top Buffett holding. However, neither of these businesses are smart buying opportunities today,