Also: Deeper looks at Microsoft, Tesla (and Musk) and ways to broaden your investment horizons and lower your risk.
Year-ahead inflation expectations increased from 4.3% to 4.9%.
Could Wall Street's recent struggles open up a buying opportunity for investors?
U.S. stocks have fallen sharply in recent weeks as the Trump administration began imposing tariffs on foreign trading partners. Investors unnerved by the potential consequences of the burgeoning trade war have rotated away from domestic equities, particularly those in the consumer discretionary and technology sectors.
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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.
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Alix Steel, Scarlet Fu, Carol Massar and Matt Miller. -------- More on Bloomberg Television and Markets Like this video?
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.