President Donald Trump’s “big beautiful bill” offers assistance to specific Social Security beneficiaries who are subject to taxation on their benefits. However, it does not completely remove those levies. Sen. Ruben Gallego, D-Arizona, has put forth a legislative proposal on Thursday, named the You Earn It, You Keep It Act, aimed at abolishing taxes on Read More
A tenuous rally evaporated within the initial hour of trading on Friday as expectations for rate cuts succumbed to concerns regarding an economic slowdown, prompted by disappointing job figures for August. The S&P 500 experienced a decline of 0.5%, whereas the Nasdaq Composite saw a decrease of 0.3%. The Dow Jones Industrial Average experienced a Read More
Futures on equities exhibited minimal movement on Thursday as market participants brace for an important nonfarm payrolls report. Futures associated with the Dow Jones Industrial Average increased by 4 points, representing a change of 0.01%, while S&P 500 futures remained largely stable, rising by only 0.09%. Futures for the Nasdaq 100 experienced an increase of Read More
Stock futures experienced a modest increase early Wednesday following a federal court ruling in an Alphabet antitrust case, which has generated optimism regarding the ability of tech giants to navigate regulatory challenges. S&P 500 futures increased by 0.07%, whereas Nasdaq-100 futures experienced a rise of 0.23%. Futures associated with the Dow Jones Industrial Average experienced Read More
S&P futures declined on Tuesday, as investors assessed the recent updates regarding trade negotiations, marking the beginning of a historically weak month for equities. Futures for the Dow Jones Industrial Average declined by 265 points, representing a decrease of 0.6%. S&P 500 futures declined by 0.8%, while Nasdaq-100 futures experienced a loss of 1%. Investors Read More
Asia-Pacific markets concluded the trading session with a mixed performance as investors evaluated the outcomes of the Shanghai Cooperation Organization summit held in Tianjin, amid prevailing tariff uncertainties that impacted market sentiment. A U.S. federal appeals court ruled on Friday that the majority of President Donald Trump’s global tariffs are illegal. India’s markets garnered attention Read More
Equities declined on Friday as investors opted to realize some gains ahead of a long weekend, following a recent record high in the S&P 500 and robust earnings reported by Nvidia this week. Recent inflation data indicated that increasing prices remain a concern as we approach the new month. The S&P 500 concluded the day Read More
The S&P 500 achieved yet another record closing on Thursday as market participants analyzed Nvidia’s earnings results and outlook. Investors predominantly interpreted the figures as validating the AI surge. The broad market index concluded the trading session with a gain of 0.32%, reaching a level of 6,501.86 after surpassing the significant threshold of 6,500 during Read More
The S&P 500 experienced a modest increase on Wednesday as investors focused on Nvidia’s earnings report, a potential pivotal event for the ongoing bull market. The broad market index concluded the day with an increase of 0.24%, reaching a new all-time closing high of 6,481.40. The Nasdaq Composite concluded the trading session with an increase Read More
The S&P 500 closed higher on Tuesday as Wall Street focused on factors beyond President Donald Trump’s removal of Federal Reserve Governor Lisa Cook from the central bank’s board, while anticipating quarterly figures from chip giant Nvidia. The broad market S&P 500 concluded the session with an increase of 0.41%, reaching a level of 6,465.94. Read More
