A historic day on Wall Street. Worries about tariffs and a trade war shook investors pushing the S&P 500 into a correction that left it at the lowest in six months.
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Investors with an appetite for growth stocks can play defensively within the category by focusing more on high-quality stocks beyond Big Tech.
There are significant worries that stocks could keep sliding.
The sharp drawdown on the U.S. stock market was picking up steam on Thursday, putting the S&P 500 on pace to close in correction territory.
Ed Yardeni fears a potential stagflationary impact even as keeps his earnings estimates unchanged.
Stagflation or speed bump to recession? The macro matters and this current environment is uncertainty at best.
Verizon's stock is headed for its worst two-day stretch since 2008 after a downgrade from Wolfe Research.
Goldman Sachs analysts have lowered their forecast for the S&P 500 amid uncertainty around the Trump administration's tariffs and the US economy—and following a broad sell-off to start the week.
Wall Street tech stocks are set to drive a rebound on Wednesday as US tariffs on global steel and aluminum products begin, though US inflation numbers before the opening bell may change sentiment. The S&P 500 is predicted to climb off a six-month low as futures rose 0.8%, while futures for the tech-powered Nasdaq were up 0.9% and for the Dow Jones were up 0.5%.
It's been tough for Wall Street strategists to hold their nerve in the face of the ever-changing tariff policy.
The stock ended February as the top performer in the index.