President Donald Trump's shock announcement that he would impose historic tariffs on virtually all U.S. imports shattered markets Thursday, an emphatic rebuke by investors of his effort to reorder global trade.
Watch These QQQ Price Levels as Nasdaq 100 Fund Slumps on Tariff Fears
The Invesco QQQ Trust, an ETF that tracks the Nasdaq 100 index, plunged early Thursday after President Trump imposed sweeping reciprocal tariffs yesterday. Monitor these key support and resistance chart levels.
3 Russell 2000 Stocks in the Doghouse
Small-cap stocks in the Russell 2000 can be a goldmine for investors looking beyond the usual large-cap names. But with less stability and fewer resources than their bigger counterparts, these companies face steeper challenges in scaling their businesses.
2 S&P 500 Stocks with Solid Fundamentals and 1 to Ignore
The S&P 500 is home to the biggest and most well-known companies in the market, making it a go-to index for investors seeking stability. But not all large-cap stocks are created equal - some are struggling with slowing growth, declining margins, or increased competition.
Lamb Weston Stock Surges as Potato Giant's Results Top Estimates
Lamb Weston shares jumped Thursday after the potato processing giant's latest quarterly results came in above expectations.
3 Market-Beating Stocks with Competitive Advantages
Companies that consistently increase their sales, margins, or returns on capital are usually rewarded with the best returns, and those that can do all three for years on end are almost always the legendary stocks that return 100 times your money.
Trump tariffs make Best Buy a big loser as Citi downgrades the stock
Best Buy could be walloped from new Trump tariffs.
Nike Stock Tumbles as US Tariffs Hit Asian Suppliers
Nike shares are tumbling 13% in intraday trading Thursday after President Donald Trump imposed steep reciprocal tariffs on Vietnam and other Asian countries where the sneaker giant makes most of its products.
Morgan Stanley expects no rate cuts from the Fed this year
Morgan Stanley said on Thursday it expects the U.S Federal Reserve will not cut rates this year due to potential elevated inflation levels on the back of Trump's latest tariffs. Trump on Wednesday imposed a 10% baseline tariff on all imports to the U.S. and higher duties on dozens of other countries. The Wall Street brokerage had earlier expected a 25 basis point cut in June.
Walmart, Target, and Other Retail Stocks Sink as Investors Digest Trump Tariffs
Walmart, Target, and other retail stocks sank Thursday after the Trump administration announced sweeping reciprocal tariffs against U.S. trading partners.