Stocks close out their worst quarter since 2022 amid tariff uncertainty
The S&P 500 and Nasdaq logged their worst performance since Russia’s invasion of Ukraine slammed into the global economy.
Elon Musk breaks silence on Dogecoin’s use at DOGE
Despite his past support, the Dogefather shuts down speculation on federal Dogecoin adoption
Why the Magnificent Seven Stocks Just Had Their Worst Month and Quarter on Record
The Magnificent Seven declined on Monday, capping off the worst month and quarter on record for the group of big tech stocks that account for more than a quarter of the S&P 500's market value.
CVS Is the S&P 500's Top Performer of the Quarter—Here's Why
One quarter into 2025, CVS Health has risen the most of any stock in the S&P 500, with a share price that has popped 50% since the start of the year.
S&P 500 Gains and Losses Today: Moderna Stock Plunges After Resignation of FDA Vaccine Official
The S&P 500 gained 0.6% on Monday, March 31, boosted by an afternoon rally even as investors brace for the planned onset of reciprocal tariffs later this week.
Wall Street closes out bruising quarter as outlook remains murky
NEW YORK (Reuters) -As Wall Street draws the curtain on a tumultuous quarter in which stocks logged a record high before tumbling into correction, investors are faced with a mountain of policy uncertainty that clouds the outlook for coming quarters. The S&P 500 Index finished the quarter down 4.6%, its worst first three months of a year since the first quarter of 2022. Investors, who started the year with high hopes for pro-growth policies from the Trump administration, have been spooked by a barrage of tariff-related headlines.
Fed officials cautious on rates amid tariff-related inflation risks
NEW YORK (Reuters) -New York Federal Reserve President John Williams said on Monday that monetary policy is "well positioned" for what the economy might do this year, as he acknowledged there are risks that inflation could once again heat up. "Monetary policy is moderately restrictive," Williams said in an interview with Yahoo Finance, with the current setting of interest rates "putting some downward pressure on inflation." Williams added that while he cannot predict when the U.S. central bank might change the current level of interest rates, keeping it in place "for some time" will allow officials to study incoming data and decide what they need to do next.
PVH (NYSE:PVH) Beats Q4 Sales Targets, Stock Jumps 11.1%
Fashion conglomerate PVH (NYSE:PVH) beat Wall Street’s revenue expectations in Q4 CY2024, but sales fell by 4.8% year on year to $2.37 billion. Its non-GAAP profit of $3.27 per share was 1.8% above analysts’ consensus estimates.
Coinbase Shares Head for Worst Quarter Since FTX Collapse as Crypto Slumps
(Bloomberg) -- Shares of Coinbase Global Inc. and other firms linked to cryptocurrencies were hammered this quarter as growing concerns about the US economy weighed on digital assets. Most Read from BloombergGold-Rush Fever Returns to Historic New Zealand Mining TownWhat Frank Lloyd Wright Learned From the DesertBank Regulators Fight for Desks as OCC Returns to New York TowerCoinbase fell 31% in the worst quarterly performance since FTX collapsed near the end of 2022. Nearly every major crypto-l
Why Is Celsius (CELH) Stock Soaring Today
Shares of energy drink company Celsius (NASDAQ:CELH) jumped 8.9% in the afternoon session after Truist analysts upgraded the stock's rating from Hold to Buy and raised the price target from $35 to $45. The analysts added, "In our opinion, the market is already looking past the hiccups of the legacy business in 2024 and the brand's slowdown in 1Q25."