Analysis-Tariff-whipped Wall Street wonders: will Trump blink?
  • April 7, 2025

Analysis-Tariff-whipped Wall Street wonders: will Trump blink?

NEW YORK (Reuters) -Investors are trying to game out how much tolerance U.S. President Donald Trump has for stock market losses after his latest tariff policies ignited a more than 10% wipeout on Wall Street, with some still holding out hope of eventual relief. A so-called "Trump put" - the option market equivalent of a presidential backstop for equities - underpinned Trump's first term, as he frequently cited stock market strength as proof his policies were working. Over the course of his first presidency the S&P 500 benchmark rose 68% and scaled record highs, while Trump cheered its progress, tweeting more than 150 times about the stock market.

Dave & Buster's (NASDAQ:PLAY) Misses Q4 Sales Targets
  • April 7, 2025

Dave & Buster's (NASDAQ:PLAY) Misses Q4 Sales Targets

Arcade company Dave & Buster’s (NASDAQ:PLAY) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 10.8% year on year to $534.5 million. Its non-GAAP profit of $0.69 per share was in line with analysts’ consensus estimates.

Bond Market Turbulence Lifts 30-Year Yield Most Since March 2020
  • April 7, 2025

Bond Market Turbulence Lifts 30-Year Yield Most Since March 2020

(Bloomberg) -- US government bonds tumbled Monday, erasing a portion of their biggest weekly advance since August, amid signs investors were momentarily regaining their appetite for risk.Most Read from BloombergHousing Agency Aims to Relocate Its DC HeadquartersThis Skinny Mexico City Tower Is Just 14 Feet Wide on One SideThe Irish Hot Press Is the Low-Tech Laundry Trick the World NeedsBoston Mayor Wu Embraces Trump Resistance as Campaign Heats UpTrump Order on CDFI Fund Risks Aid for Small Busi

Bogus report on tariff pause briefly lifted markets before White House denied it
  • April 7, 2025

Bogus report on tariff pause briefly lifted markets before White House denied it

A bogus rumor that President Donald Trump was considering a pause in tariffs briefly lifted markets Monday before the White House shot down the unfounded reports. The confusion — which was amplified on social media and by some traditional media outlets — lasted less than a half hour but reflected a jittery mood on Wall Street as stocks plunged over worries that Trump’s tariffs could torpedo the global economy. The origin of the false report was unclear but it appeared to be a misinterpretation of comments made by Kevin Hassett, director of the White House National Economic Council, during a Fox News interview earlier Monday morning.

Wall Street could be headed for a bear market. Here’s what that means
  • April 7, 2025

Wall Street could be headed for a bear market. Here’s what that means

Wall Street could soon be in the claws of another bear market as the Trump administration's tariff blitz fuels fears that the added taxes on imported goods from around the world will sink the global economy. The last bear market happened in 2022, but this decline feels more like the sudden, turbulent bear market of 2020, when the benchmark S&P 500 index tumbled 34% in a one-month period, the shortest bear market ever. Here are some common questions about bear markets: Why is it called a bear market?