The benchmark index was clawing back after it marked a correction last week by ending down over 10% from its February record high. The Dow Jones Transportation Average was little changed for the week, but the 20-stock index has been pummeled recently. "The transports are an important tell on future economic activity," said Chuck Carlson, chief executive officer of Horizon Investment Services.
Global equity funds see a weekly sell-off on tariff woes, economic uncertainties
(Reuters) - Investors pulled heavily out of global equity funds during the week through March 19 on lingering worries over the potential impact of U.S. President Donald Trump's aggressive trade policies on global economy.
Money market account rates today, March 21, 2024 (up to 4.50% APY return)
Money market account rates vary widely. So which banks are offering the best money market account rates today? Find out here.
3 Cryptocurrencies That Could Be Worth Buying on the Dip
The three cryptocurrencies at the top of my shopping list are Bitcoin (CRYPTO: BTC), Solana (CRYPTO: SOL) and Ondo (CRYPTO: ONDO). From my perspective, Solana remains the one Layer 1 blockchain network capable of toppling Ethereum from its top perch.
Europe’s markets lose steam amid EU deadlock on Ukraine, trade tension
The rally in European stock markets took a breather as EU leaders struggled to secure a €5 billion funding package for Ukraine. Investor sentiment was further dampened by the ECB’s cautious outlook on the economy and inflation, triggering selloffs, particularly in the defence and automotive sectors.View on euronews
What the Collapse of the U.S. Bitcoin ETF Cash-and-Carry Trade Means for Investors
Inflows into U.S. spot bitcoin ETFs have stagnated this year compared with 2024.
FedEx shares slide as annual forecast cuts stoke worries on economy
(Reuters) -FedEx's shares fell 11% on Friday after the parcel delivery firm cut its annual forecasts, fanning worries about the health of U.S. manufacturing amid uncertainty from the Trump administration's sweeping tariffs on trading partners. CEO Raj Subramaniam warned a day earlier that the company was navigating a very "challenging operating environment" and "weakness in the industrial economy" was weighing on its higher-margin business-to-business volumes. The company's shares hit their lowest in nearly two years on Friday.
Do This One Thing, and You'll Make Vastly Better Cryptocurrency Investments Today
Everyone wants an edge when it comes to investing in highly volatile assets like XRP (CRYPTO: XRP), Solana (CRYPTO: SOL), Ethereum (CRYPTO: ETH) and other cryptocurrencies. If you're like most people who hold cryptocurrencies, you probably broadly understand that such assets live on blockchains, which in theory can give them certain properties that dollars in your bank account can't have, like being linked to something such as ownership of a non-fungible token (NFT). Thus, the one thing that can dramatically improve your investment research process in crypto (and therefore your returns) is to get your hands dirty by working with the actual technology underpinning your coins rather than simply pressing "buy" or "sell" and then letting them sit quietly in your portfolio.
3 Reasons to Avoid DOV and 1 Stock to Buy Instead
Dover currently trades at $181.55 per share and has shown little upside over the past six months, posting a small loss of 5%.
3 Reasons to Avoid JELD and 1 Stock to Buy Instead
What a brutal six months it’s been for JELD-WEN. The stock has dropped 61.7% and now trades at $6.11, rattling many shareholders. This might have investors contemplating their next move.