U.S. President Donald Trump speaks during a “Make America Wealthy Again” trade announcement event in the Rose Garden at the White House on April 2, 2025 in Washington, DC.Chip Somodevilla | Getty Images Psychologist Carl Jung believed in the “collective unconscious,” a universal mind all humanity is tapped into. In the context of the financial world, the stock market — as something ostensibly based on concrete numbers, but most of the time driven by instinctive hopes and fears — kind of works like that.It is, in other words, essentially a tracker of sentiment. Nowhere is this function clearer than the…
Author: usaeverydaylife
Select tech names are poised to make a comeback as the second quarter commences. The information technology sector was a big winner in 2024, but it has taken a beating in the first few months of 2025. Year to date, the sector is off about 12%, and it is currently the second worst-performing sector in the S & P 500 , behind consumer discretionary. There are several headwinds to blame for the sector’s recent stretch of underperformance. President Donald Trump’s new trade policies have pressured tech names, many of which have exposure to overseas markets through sourcing and manufacturing. Investors…
CNBC’s Steve Liesman joins ‘Fast Money’ to talk the economic impact of today’s tariff rollout. Source link
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching as stocks sold off in extended trading after the rollout of President Donald Trump’s tariffs, and what’s on the radar for the next session. CNBC will be all over the markets after Wednesday’s tariff announcement , starting at 5 a.m. ET on Thursday with “Worldwide Exchange,” followed by “Squawk Box” at 6 a.m. CNBC+ is on all night with action…
Days after the United Nations accused Israel of killing 15 humanitarian workers in Gaza, officials who recovered the bodies or carried out the autopsies said some of the rescue workers were shot multiple times before being buried in a mass grave.The Palestine Red Crescent Society, which had eight of its members killed and carried out the recovery mission, said that nearly all 15 bodies showed gunshot wounds, according to a spokeswoman, Nebal Farsakh. One paramedic was found with his hands and feet tied toward his body, Ms. Farsakh said.“My colleagues were shot; the bodies who were retrieved, many of them…
President Donald Trump’s extensive tariffs rollout on Wednesday was worse than expected for the market, according to Dan Ives, global head of technology research at Wedbush Securities. On Wednesday, Trump announced plans to impose a 10% baseline tariff on all countries and even higher rates on some nations in particular, like a 34% duty on China, 20% on the European Union and 32% on Taiwan. U.S. stock futures plummeted following the announcement. Futures tied to the Dow Jones Industrial Average dropped about 1,000 points, or 2.3%, while S & P 500 futures declined more than 3% and Nasdaq-100 futures fell…
The ‘Fast Money’ traders react to RH stock falling more than 20% after earnings. Source link
Sunset view of Yarra river and Melbourne skyscrapers business office building with evening skyline in Victoria, Australia. Australia tourism, modern city life, or business finance and economy conceptPrasit Photo | Moment | Getty ImagesAsia-Pacific markets are poised to plunge on Thursday, after U.S. President Donald Trump imposed hefty reciprocal tariffs on over 180 countries and territories – several of which are in the region.In charts posted on social media, the White House showed the effective tariff rates they claim other countries impose on American goods, including by “currency manipulation and trade barriers.”The White House told CNBC’s Eamon Javers on Wednesday…
A Boeing 787 Dreamliner operated by United Airlines takes off at Los Angeles International Airport (LAX) on January 9, 2013 in Los Angeles, California.David McNew | Getty ImagesUnited Airlines plans to add daily flights to Vietnam and Thailand in October, further expanding the network for the U.S. carrier that already has the most Asia service.In the expansion, United is using a tactic that’s unusual in its network: Its airplanes from Los Angeles and San Francisco that are headed for Hong Kong will then go on to the two new destinations. The Bangkok and Ho Chi Minh City, Vietnam, service is…
Ireland has the strongest passport in the world, according to the Nomad Passport Index 2025.It’s the first time that the northern European country has held the solo No. 1 spot in the annual ranking from Nomad Capitalist, a tax and immigration consultancy. Ireland did, however, come close in 2020, when it tied for the top spot alongside Luxembourg and Sweden.”Ireland shook up the rankings, thanks to the country’s strong international reputation, business-friendly tax policies, and overall citizenship flexibility,” the company’s research associate Javier Correa told CNBC Travel.Unlike other rankings, which often evaluate passports based solely on their visa-free travel strength,…
