BEIJING — President-elect Donald Trump plans to raise tariffs by an additional 10% on all Chinese goods coming into the U.S., according to a post Monday on his social media platform Truth Social. The post immediately followed...
US stocks rose on Monday as small caps rallied near new highs and the Dow Jones Industrial Average (^DJI) rose more than 400 points amid a broad sense of optimism over President-elect Donald Trump's choice of Scott Bessent for Treasury secretary.
Since reaching a bear market bottom a little over two years ago, the bulls have been running the show on Wall Street. This year, the ageless Dow Jones Industrial Average (DJINDICES: ^DJI), benchmark S&P 500 (SNPINDEX: ^GSPC), and growth stock-dependent Nasdaq Composite (NASDAQINDEX: ^IXIC) have reached multiple all-time highs. The wind in Wall Street's sails has been...
Stocks drifted higher leading into the shortened trading week that includes the Thanksgiving holiday. The Dow Jones Industrial Average (^DJI) gained nearly 2% for the week while the S&P 500 (^GSPC) and tech-heavy Nasdaq Composite (^IXIC) added over 1.5%. In the week ahead, a fresh reading on the Fed's preferred inflation...
Bitcoin retreated after failing to break the $100,000 milestone on Nov. 24, causing one of the largest weekend crypto liquidation events in over half a year. Over $470 million worth of crypto positions were liquidated over the last 24 hours. Long and short liquidations comprised $352.6 million and $119.9 million,...
The market exuberance that erupted after the Nov. 5 election is still going strong, even if some of the biggest stocks seemed to lose a step or two. Nvidia (NVDA) reported great earnings on Wednesday, but the shares actually fell on the week — a whopping 0.02%. Yet, with a market...
Oil prices rose on Friday, posting a weekly gain of more than 5%, as the Ukraine war intensified and Chinese imports were set to increase in November. Brent crude futures climbed 94 cents, or 1.27%, to close...
Greenlight Capital’s David Einhorn was interviewed by our Leslie Picker at CNBC’s Delivering Alpha event Wednesday. Einhorn spoke about the election results, inflation and some of his current stock picks (including CNH Industrial and Peloton Interactive), but soon returned to a familiar theme: the...
Global investment manager Van Eck has reissued its $180,000 price target for Bitcoin at the peak of the current cycle. In its latest Bitcoin report on Nov. 21, Van Eck digital asset analysts Nathan Frankovitz and Matthe Sigel said...
Bitcoin TC -0.25%) enthusiasts are rejoicing as the cryptocurrency continues to set new all-time highs. Earlier this month it surpassed its long-held high of just under $74,000 and in a few short weeks it's up more than 25%. Priced at $100,000,...
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