The “most important variable” for a rally that sticks
Why did the market’s “ momo ” seem to suddenly evaporate in February? What caused it? Angst over AI profitability ? The never-ending story of President Trump’s tariff announcements? Concern over the c...
BMW expects a $1.1 billion tariff hit, warns of waning Chinese demand
said that its sales in China fell more than 13% in 2024. Shares traded lower early Friday morning before flattening out. Chinese domestic competition from lower-cost automakers like crunched the Germ...
Tesla: Trump’s tariffs could hurt us
This week sent an unsigned letter to US trade representative Jamieson Greer, saying the electric vehicle company could be “exposed to disproportionate impacts” from retaliation to President Donald Tr...
S&P 500 enters correction territory as tariff threats weigh on markets
Stocks tumbled as President Donald Trump opened up a new front in the trade war, promising to impose massive tariffs on the European Union after the bloc prepared a response to levies on steel and alu...
Wall Street is betting against the US consumer as tariffs escalate
As the S&P 500 approaches a correction, consumer discretionary is the worst-performing sector ETF in the index, a sign that investors think you’ll have less disposable income to buy new gadgets or go ...
Trump threatens 200% tariff on French Champagne, the latest turn in a boozy trade war
Another day, another tariff. President Donald Trump threatened to impose a 200% tariff on booze from France and other European nations after the European Union moved to reinstate an import tax on Amer...
Walmart is in the hot seat after pushing Chinese suppliers to cut prices
Chinese officials called executives to Beijing this week after the retailer pushed suppliers to lower prices in response to rising US tariffs. Walmart reportedly asked some Chinese manufacturers, inc...
For markets, Trump’s tariff threats are quantitative easing in reverse
Tariff talk is playing a role in the S&P 500’s near 10% decline from all-time highs, but probably not in the way you might think. In fact, what the seemingly incessant barrage of tariff threats (and w...
US stocks slump as traders ditch the stocks previously immune from the sell-off
Stocks whipsawed as President Trump floated fresh tariffs on Canada , with the S&P 500 ending down 0.8% and the Russell 2000 off 0.3% while the tech-heavy Nasdaq 100 gained 0.2%. Under the hood, it su...
They’ve got the power: Canada’s massive leverage over the US on electricity imports
When it comes to electricity, the US and Canada are deeply connected partners, and have always been there to help each other during times of need. That is until this week. Ontario’s Premier Doug Ford ...
The US Economic Policy Uncertainty Index is the highest it’s ever been — pandemic excluded
We’ve all heard a lot about how much “uncertainty” the Trump tariff announcements, reversals, and re-announcements have been creating, but how can we actually quantify what’s been happening? Looking a...
Stocks lurch lower after Trump escalates tariffs
A fresh tariff threat from President Trump worsened the stock market’s losses Tuesday, pushing the S&P 500 closer toward a technical correction, or a drop of 10% from a recent high. For the record, ju...
Trump threatens to “permanently shut down” the Canadian car business with more tariffs
After two months of tariff deadlines and delays, the big three US automakers are once again spinning out on potentially crippling levies. President Trump’s tariff seesaw continued Tuesday with a fresh...
Silver lining to the sell-off: Safe stocks are getting dumped as the momentum stock fever breaks
A glass-half-full view of another dour tape, as the S&P 500 lowers and President Trump ratchets up tariffs on Canada: the market’s hidey-holes are getting hit more than the momentum stocks whose break...
Goldman Sachs’ chief economist just cut his US GDP forecasts from 2.4% to 1.7% for this year
For over two years, has been one of the Wall Street optimists, putting out rosier forecasts than its peers when it comes to the US economy. But amid rising trade tensions, that no longer seems to be ...
Gaming stocks including Sony, Nintendo deflate as Wall Street gets worried about tariff-ied console prices
Shares of major video game console makers are all trading lower Monday as Wall Street continues its tariff fears speedrun. and are each down more than 5% in afternoon trading, while is down closer t...
Retailers’ holiday results delivered, but dark forecasts and tariffs signal trouble ahead
Retailers wrapped up strong fourth-quarter results so far this earnings season, with the vast majority of names topping earnings and sales expectations. But while the holiday season delivered, many st...
Noisy, tariff-obsessed week was market’s worst of the year
The S&P 500 suffered its worst weekly loss so far this year amid seemingly nonstop chatter about President Trump’s on-again, off-again plans to slap massive tariffs on America’s largest two trading pa...
Airline stocks are having their worst week in three years
US airlines are having their second-worst week since peak Covid, with the S&P Composite 1500 Passenger Airlines index down more than 13% as of Friday afternoon. Only the week of March 4, 2022, when th...
Nintendo shares get red-shelled as investors fear tariff-related Switch 2 price hikes
shares sank more than 9% during Tokyo trading, their biggest sell-off since August. Just after the US market open, ADRs listed here are trading down 6.8%. The dip appears to be a reaction to President...