Analysts have pointed out that while the S&P 500 hasn't officially yet entered a correction, many of the stocks on the index have. Continued volatility is expected as Trump's policy moves continue.
The bullish divergence means the stage is set for a positive response to a potential soft U.s.
American consumers – and their wallets – are the engine of the economy. But they’re now showing the strain of inflation, President Donald Trump’s tariffs and a stock market plunge.
The collaboration aims to expand access to tokenized private credit and other real-world assets in the region.
A performance analysis by Orderful of different equipment types highlights strengths and challenges across the market. The post Orderful report: Trucking recovering, but specialized markets still volatile appeared first on FreightWaves.
It's hard to imagine a larger catalyst for cryptocurrencies than the one on March 6, when the White House issued an executive order that the U.S. would be forming both a Strategic Bitcoin Reserve and a national Digital Asset Stockpile. And yet in the wake of that ultra-bullish announcement, the prices of major cryptos including Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL), XRP (CRYPTO: XRP), and Cardano (CRYPTO: ADA) are all down, and substantially in most cases. Under the plan for the Strategic Bitcoin Reserve and the Digital Asset Stockpile, the government will not be buying any of the cryptocurrencies mentioned above, at least not in a way that involves spending from the nation's budget.
(Bloomberg) -- Bank of Japan officials see several reasons against intervening in the bond market even after benchmark yields hit the highest level since 2008, according to people familiar with the matter, elaborating on the thinking behind recent remarks from Governor Kazuo Ueda.Most Read from BloombergTrump DEI Purge Hits Affordable Housing GroupsNYC Congestion Pricing Toll Gains Support Among City ResidentsElectric Construction Equipment Promises a Quiet RevolutionOpen Philanthropy Launches $
The benchmark S&P 500 and the Nasdaq rose on Wednesday following data that showed slowing U.S. inflation, although concerns about the economic fallout of President Donald Trump's trade policies persisted. A Labor Department report showed consumer prices increased less than expected in February, but the improvement is likely to be temporary, given the backdrop of aggressive import tariffs. "This (CPI) is good news on the inflation front but obviously, with the imposition of tariffs, we still don't know where the real direction of inflation is at this time," said Peter Cardillo, chief market economist at Spartan Capital Securities.
Shares of Intel are jumping more than 7% in premarket trading following a report that TSMC has approached U.S. chip designers Nvidia, Advanced Micro Devices, and Broadcom about forming a joint venture to own and run the chipmaker's foundry division.
(Bloomberg) -- Investors in the Treasury market look surprisingly unconcerned about price pressures ahead of a key report on US inflation on Wednesday, with focus instead on the outlook of US growth.Most Read from BloombergTrump DEI Purge Hits Affordable Housing GroupsNYC Congestion Pricing Toll Gains Support Among City ResidentsElectric Construction Equipment Promises a Quiet RevolutionOpen Philanthropy Launches $120 Million Fund To Support YIMBY ReformsWhere New York City's Zoning Reform Will
