Business

Photo: DAVID L. NELSON (Getty Images) After hitting record highs following Trump’s victory, the Dow and S&P 500 hit the brakes on Tuesday, a day before the release of the Consumer Price Index (CPI) and core CPI data. In the afternoon, the Dow Jones Industrial Average fell 330 points, or …

October’s Consumer Price Index (CPI) will serve as the latest test of whether an inflation resurgence is a risk to the US economy as the Federal Reserve debates its next interest rate decision after cutting rates by a quarter percentage point last week. Read more: What the Fed rate cut …

NEW YORK (AP) — Wall Street is already making big bets on what take two for a White House led by Donald Trump will mean for the economy. Since Election Day, investors have sent prices zooming for stocks of banks, fossil-fuel producers and other companies expected to benefit from Trump’s …

Tesla Stock Is Dropping Because Trees Don’t Grow to the Sky Source link

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Access to this page has been denied because we believe you are using automation tools to browse the website. This may happen as a result of the following: Javascript is disabled or blocked by an extension (ad blockers for example) Your browser does not support cookies Please make sure that …

The roaring rally in US stocks lost steam on Tuesday, with futures hitting pause as investors assessed whether buying has been overdone and what Donald Trump’s cabinet picks mean for policy. Dow Jones Industrial Average futures (YM=F) nudged 0.1% lower, while S&P 500 futures (ES=F) shed roughly 0.2% after both …

(Reuters) – U.S. stock index futures dipped on Tuesday after Wall Street’s rally over the past few days following election results as traders awaited key inflation data later in the week for more signals on the country’s economic and monetary policy outlook. The three major indexes notched record high closes …

(Reuters) – Nasdaq-listed electric vehicle maker VinFast said on Wednesday it will get a fresh round of funding worth 85 trillion dong ($3.35 billion) from its founder and its parent firm, Vingroup by 2026, when it expects to break even. VinFast began operations in 2019 and has been expanding aggressively …

Breakups are never fun. And in the case of Super Micro Computer (NASDAQ: SMCI), there’s a pretty clear reason why its longtime partner Nvidia appears to be moving on. In late August, Supermicro came into the spotlight as the target of a short report written by Hindenburg Research. Shortly after, …