US Politics & Business News
US stocks managed a slim fourth consecutive day of gains on Monday, with the S&P 500 rising 0.44% to close at 6,611.83, the Dow adding 165.21 points to settle at 46,669.88 and the Nasdaq Composite gaining 0.54% to 21,996.34 — but futures reversed course after the close as Trump held a White House press conference…
Markets return to full trading on Monday for the first time since Thursday after observing the Good Friday holiday, with investors stepping back into a financial landscape shaped almost entirely by the ongoing US-Iran war and the diplomatic signals that have flickered into view over the past week. The S&P 500 enters Monday near the…
The New York Stock Exchange and Nasdaq closed on Good Friday, April 3, in observance of the holiday, giving markets a four-day pause at the end of a volatile and unusual week dominated by geopolitical shock and corporate earnings. Trading is scheduled to resume Monday, April 6, at the standard 9:30 a.m. Eastern time opening…
NXP Semiconductors is a NASDAQ 100 company, with a market capitalization of $49 billion. Every major technological transition in modern history has required an enabling layer that the public rarely sees. The railways needed steel and signalling. The internet needed fibre and switching equipment. The current wave of electrification, automation, and intelligent connectivity is no…
President Trump delivered his first prime-time address to the nation on the Iran war on Wednesday night, speaking for less than 20 minutes from the White House in a speech the administration billed as containing “an important update.” What followed was largely a recitation of positions and claims the president has made repeatedly over the…
Markets spent the morning of April 2 digesting a reality that the previous two sessions’ relief rally had refused to price in: Trump’s primetime address to the nation on Wednesday night was not the off-ramp investors were waiting for. S&P 500 futures fell 1.29% overnight after the speech, Nasdaq 100 futures lost 1.59%, and Dow…
Tuesday was the kind of day Wall Street had been desperate for since February 28. The Dow Jones jumped 1,125 points, the S&P 500 surged 2.91%, and the Nasdaq advanced 3.83% — each index posting its biggest single-day gain since May — after Iranian President Masoud Pezeshkian signalled publicly that Tehran has the “necessary will”…
The Wall Street Journal dropped a significant story late Monday night that immediately sent futures higher and oil prices tumbling: Trump has privately told senior aides he is willing to end the military campaign against Iran even if the Strait of Hormuz remains largely blocked. The report, citing administration officials, said Trump and his team…
Even in a week dominated by geopolitical anxiety and falling equities, one story managed to generate genuine excitement on Wall Street: the imminent prospect of a SpaceX IPO. Reports emerged that Elon Musk’s aerospace company could file its S-1 prospectus with the SEC as early as this week, kicking off what would be the largest…
The arithmetic of this past week on financial markets is striking enough to sit alongside the most turbulent periods of the post-financial-crisis era, even before the symbolic element of gold recording its worst weekly performance since February 1983 is factored in. Gold fell below $4,500 on Friday for the first time in weeks, down more…