When we left off on Wednesday morning which seemed like a year ago, I showed a number of charts that were supportive of the stock market finding “A” bottom earlier this week.
Wall Street ended the week on a strong note, with major indices posting their best weekly performance in years, as traders appeared confident that the escalation in the U.S.-China trade war — which led to triple-digit tariff increases on both sides — would be resolved in the near term.
Market whiplash got you worried? Here's why long-term investors should stay calm during tariff-driven volatility (like any other headline-worthy market crash or rally).
The cryptocurrency market cap dropped 2.80% in 24 hours to $2.54 trillion following President Donald Trump‘s sweeping tariff announcement, imposing a 145% duty on Chinese imports and a 10% universal tariff on most other goods.
U.S. stock futures fell on Thursday night as investors prepared to close a volatile trading week marked by dramatic market swings. Nasdaq-100 futures led declines, dropping 1.26% to 18,251.75, while S&P 500 futures fell 1.04% to 5,247.00 and Dow futures slipped 0.88% to 39,448.00.
Dell Technologies Inc (NYSE: DELL) has reduced discounts on many of its computers in light of Trump's tariff announcements and China's retaliatory tariffs. Stock down 5.62%.
