Americans’ confidence in the economy dropped for the fifth month in a row, reaching the lowest point since the start of the COVID-19 pandemic, as concerns over the effects of tariffs weighed heavily on people’s minds. The Conference Board reported on Tuesday that its consumer confidence index fell 7.9 points in April, dropping to 86.…
Tag: NYSE
Wall Street sees a rare calm day after weeks of tariff-driven volatility
U.S. stocks moved slightly on Tuesday during a rare calm day in the markets. The S&P 500 slipped 0.2%, the Dow Jones Industrial Average dropped by 155 points, or 0.4%, and the Nasdaq composite fell by less than 0.1%. These small changes gave investors a break after recent wild shifts in the market, not just…
Global stocks climb as Trump temporarily relaxes tariffs on electronics
Stocks went up around the world on Monday after President Donald Trump decided to temporarily ease some of his tariffs, and worries in the U.S. bond market started to calm down. The S&P 500 increased by 0.8%, although trading stayed unstable and at one point, the index lost all of its earlier 1.8% gain. The…