Wall Street eased from record highs after Walmart forecasted slower sales, and saw its stock drop. The outlook raised concerns about consumer spending and economic growth, while investors also assessed signals from the Federal Reserve and trade policy uncertainties.
Investors have been on edge since last week as a series of data releases, including Tuesday's weak consumer sentiment print, suggested the world's largest economy might be stalling, even as sticky inflation keeps the Federal Reserve cautious about lowering interest rates further.
Wall Street’s fear gauge jumped Monday after President Donald Trump confirmed that tariffs on Canada and Mexico will take effect. The Cboe Volatility Index, or VIX, climbed to 22.78 on Monday. That is its highest closing level since the day after the Federal Reserve’s December meeting,
U.S. stocks tumbled on Friday, extending their selloff in the wake of dour economic reports and closing the book on a holiday-shortened week fraught with new tariff threats and worries of softening consumer demand.
After sliding as much as 2% in the early going, the S&P 500 was down 0.1% in afternoon trading, with about 66% of the stocks in the benchmark index losing ground. At its lowest point of the day, the index had lost all of its gains following Election Day.
8hon MSN
U.S. stocks are back to falling sharply on Thursday, led by AI superstars now feeling the painful downside of big expectations. The S&P 500 was down 1.8% in afternoon trading, resuming its slide after a mini-recovery from the prior day helped it claw back some of its sharp drop over recent weeks.
Bessent told Fox & Friends that the commander-in-chief’s top priority is living the living standards of ordinary Americans
2don MSN
The recent decline in U.S. stocks has wiped out all of the markets' gains since Trump’s election in November. That rally had been built largely on hopes for policies that would strengthen the U.S. economy and businesses.
Stocks are falling again on Wall Street as companies and investors react to President Donald Trump's decision to impose tariffs on the U.S.'s biggest trading partners
Stocks tumbled for a second consecutive trading day as President Trump's new tariffs go into effect on the U.S.'s biggest trading partners.
The downfall of economically thriving Black communities stands as a stark reminder of the consequences of systemic racism.
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