Big tech stocks dip lower
The Dow ended Tuesday down more than 100 points and S&P ended its six-day winning streak. Plus, Home Depot said it does not plan to raise its prices due to tariffs. CBS News business contributor Javier David has more.
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The Dow ended Tuesday down more than 100 points and S&P ended its six-day winning streak. Plus, Home Depot said it does not plan to raise its prices due to tariffs. CBS News business contributor Javier David has more.
Stock futures slide as investors absorb news of Moody's U.S. credit downgrade.
Helicopter crashes into river in New York City; Dow tumbles 1,000 points after historic rally
The Dow Jones dipped on Tuesday, but Big Tech stocks saw gains as CEOs joined President Trump on his trip to Saudi Arabia. CBS News MoneyWatch correspondent Kelly O'Grady reports.
The U.S. and China have agreed on a temporary but significant easing of tariffs as trade talks progress. CBS News MoneyWatch correspondent Kelly O'Grady explains how the markets reacted.
Stocks closed higher Monday as the U.S. and China moved to de-escalate their trade war, with investors eager for signs of a lasting agreement.
Trading was mixed Friday as concerns about the U.S. economy offset signs that the Trump administration will de-esclate its trade war.
Investors hope the U.S.-U.K. trade agreement is a preiude to more deals, although Wall Street analysts say to expect more volatility.
After sliding in early trade, stocks rebounded as investors shrug off data pointing to economic slowdown.
Financial markets are likely to remain choppy until investors get more clarity on U.S. trade policy, Wall Street analysts say.
Futures were up overnight, but lost steam early Friday as equities came under renewed selling pressure.
Stocks soared Thursday morning before leveling out midday, with talks of potential trade deals buoying investor confidence.
Stocks made early gains on Wednesday amid news of a possible trade deal with China, later losing steam.
After a 2-day relief buoyed investor confidence, futures slipped signaling a weaker start to the day on Wall Street.
The stock market tumbled Monday as Wall Street grapples with ongoing tariff uncertainty and President Trump's attacks on Jerome Powell.
Stocks slumped again on Monday as President Trump continued his attacks on Federal Reserve Chair Jerome Powell. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Stock market turmoil continued Thursday with the Dow Jones closing in the red. The drop comes as investors weigh progress in trade negotiations with Japan and navigate general uncertainty over the Trump administration's tariff plan. Notably, UnitedHealth shares fell after the company announced a cut to its annual profit forecast, citing expectations of high medical costs for the rest of the year. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Stocks climbed on Friday even as Wall Street analysts warn of a growing trade war between the world's two biggest economies.
Tuesday was another volatile day for the markets as tariff uncertainty gripped Wall Street. President Trump's reciprocal tariffs are set to go into effect Wednesday. CBS News' Kelly O'Grady, Aaron Navarro, Ramy Inocencio and Nikole Killion have all the latest tariff details.
It was a roller-coaster day in stocks as panic selling subsided, while President Trump threatened to hit China with a 50% tariff.
CBS News business analyst Jill Schlesinger breaks down what we're seeing from the markets Monday as President Trump reinforces his decision to impose sweeping tariffs on dozens of nations. "This is turbulence. This is uncertainty," CBS News business analyst Jill Schlesinger explained on CBS News 24/7. Plus, CBS News White House reporter Olivia Rinaldi brings us the latest from Washington, D.C.
Stocks are making sharp swings on Monday amid ongoing concerns about the U.S. economy following President Trump's tariff announcement last week. Helima Croft, the head of global commodity strategy at RBC Capital Markets, joins CBS News 24/7 to break down what's happening.
Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.
Wall Street took another dive on Friday as the fallout from President Trump's steep tariffs continued. CBS News' John Dickerson anchors a special report.
CBS News MoneyWatch correspondent Kelly O'Grady joins "CBS Mornings" to break down how President Trump's new tariffs are affecting the labor market and global financial markets.
The decision by eight Democratic senators to embrace a deal to end the government shutdown has infuriated many members of the party.
The Senate returns on Monday to continue work on a bipartisan deal to end the government shutdown, now on Day 41. Follow live updates here.
Airlines are expected to cancel 4% of Monday's flights at 40 of the busiest airports in the U.S. to comply with an order from the FAA.
"You need to begin right now returning to the Hill," House Speaker Mike Johnson told House members on Monday, ahead of a potential
President Trump on Sunday floated the idea of tapping his administration's tariff revenue to send checks to most Americans.
The Supreme Court rejected a bid by former Kentucky county clerk Kim Davis to overturn its landmark decision on same-sex marriage.
The Senate deal to end the government shutdown would extend funding through January and promise Democrats a vote on health care.
Ghislaine Maxwell, Jeffrey Epstein's sex trafficking co-conspirator, is planning to apply for a commutation of her 20-year prison sentence, House Judiciary Committee Democrats say.
In an interview with CBS News, FDA Commissioner Dr. Marty Makary explains what went into the decision to drop the most serious warnings on hormone therapy for menopause.