On Wednesday, only 4% of the S&P 500’s holdings logged gains — a pretty rare occurrence. Since the start of 2024, this has only happened three other times: August 5, 2024: The last day of the summer correction December 18, 2024: The Fed’s hawkish cut April 4, 2025: Tariffs Let’s…
After a very strong move in the week before this one, the markets chose to take a breather. They moved in a wide range but ended the week on a mildly negative note after rebounding from their low point of the week. While defending the key levels, the markets largely…
My main question going into this weekend was, “Will the S&P 500 finish the week above its 200-day moving average?” And while the S&P 500 did indeed finish the week above this long-term trend barometer, our main equity benchmark is now within the gap range from earlier this month. We’ll get…
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The once-solid relationship between President Donald Trump and Apple CEO Tim Cook is breaking down over the idea of a U.S.-made iPhone. Last week, Trump said he “had a little problem with Tim Cook,” and on Friday, he threatened to slap a 25% tariff on iPhones in a social media…
Several people have sustained “life-threatening injuries” in a knife attack at Hamburg’s Central Station, German police said Friday evening. Police said they have arrested a 39-year-old woman, who they believe acted alone, after a major police operation. There are currently no reliable figures on the number of injured people, they…
At least twelve people were injured in a hot air balloon crash near an archaeological site in Mexico on Friday, local authorities say. The balloon undertook a “forced landing” in San Martin de las Pirámides after hitting an air pocket, according to a statement from the Civil Protection Coordinator for…
“It is with deep sorrow that we announce the passing of Sebastião Salgado, our founder, mentor, and eternal source of inspiration,” Instituto Terra said in a post on Instagram. “Sebastião was much more than one of the greatest photographers of our time,” the post continued. “Alongside his life partner, Lélia…
The Trump administration issued orders Friday to begin easing sanctions on Syria, marking a major policy shift after US President Donald Trump pledged earlier this month to roll back the measures during a trip to the Middle East. Trump administration officials had been carrying out quiet engagements for months to…
Ukraine’s capital Kyiv came under a large-scale Russian drone and missile attack overnight into Saturday, just hours after Russia and Ukraine began a major prisoner exchange. At least eight people were injured in the attacks, which triggered fires and left debris strewn in districts throughout the city, the city’s mayor…