The 'sell America' trade is crushing markets as Trump butts heads with the Fed
In a fresh post on Truth Social on Monday, Trump called Powell a "major loser" who's been too late in taking action to lower interest rates.
In a fresh post on Truth Social on Monday, Trump called Powell a "major loser" who's been too late in taking action to lower interest rates.
Asian stocks battled to hold ground on Tuesday after a furious flight from U.S. assets undermined Wall Street and the dollar, while concerns about the independence of the Federal Reserve piled fresh pressure on Treasuries. Relatively limited losses in Asia did spark talk that funds could be reallocating money to equities in the area, though the impact of tariffs on economic growth remained a major drag. President Donald Trump's increasingly vocal attacks on Fed Chair Jerome Powell for not cutting interest rates saw Wall Street indexes shed around 2.4% on Monday and the dollar hit three-year lows.
138 stocks within the S&P 500 have positive gains year-to-date, and some of them are up big.
US stock futures traded flat after a bruising day on Wall Street, marked by renewed criticism of Federal Reserve Chair Jerome Powell by President Trump.
Tesla shares skidded on Monday as investors await the EV maker’s highly anticipated quarterly results, due after Tuesday’s closing bell. Monitor these important chart levels.
Markets are sending a message to President Donald Trump: Don’t mess with the Federal Reserve.
The S&P 500 dropped 2.4% on Monday, April 21, as President Donald Trump scorned the head of the Federal Reserve and China cautioned its trading partners against adversarial deals.
The S&P 500 has declined 14% since President Trump’s inauguration, marking the stock market's worst start to a presidency in the last century.
If you thought Trump’s trade war seemed chaotic, buckle up: The president’s latest salvo poses an even greater threat to the economy.
Clinical research company Medpace Holdings (NASDAQ:MEDP) announced better-than-expected revenue in Q1 CY2025, with sales up 9.3% year on year to $558.6 million. The company’s full-year revenue guidance of $2.19 billion at the midpoint came in 1.9% above analysts’ estimates. Its GAAP profit of $3.67 per share was 20.8% above analysts’ consensus estimates.