SPDR S&P 500 ETF Trust (SPY)
558.80
-4.71 (-0.84%)
NYSE · Last Trade: May 6th, 4:35 PM EDT
Billionaire hedge fund manager Paul Tudor Jones believes the U.S. economy is either in or near recession. He also expects stocks to fall to new lows this year, but he has made similar predictions multiple times in recent years and been dead wrong.
Via Benzinga · May 6, 2025
While concerns about the U.S. hitting the debt ceiling are being debated, Philip Swagel, head of the nonpartisan Congressional Budget Office, estimates it should last late into the summer.
Via Stocktwits · May 6, 2025
Tuesday’s data shows Canadian exports to the U.S. dropped by 6.6% in March, while imports from the U.S. fell by 2.9%.
Via Stocktwits · May 6, 2025
The Blackstone President believes the economy is more resilient and that a faster resolution to the ongoing trade tensions can make the slowdown shallower.
Via Stocktwits · May 6, 2025
Wall Street edged lower by midday Tuesday as uncertainty surrounding trade policies lingered, with investors adopting a cautious approach ahead of Wednesday’s Federal Reserve meeting.
Via Benzinga · May 6, 2025
According to data released by the Commerce Department on Tuesday, the trade deficit for March surged 14% sequentially to $140.5 billion.
Via Stocktwits · May 6, 2025
Treasury Sec. Bessent defended Trump admin's economic policy, praising job gains & trade deals. 90% of renegotiations expected by year-end.
Via Benzinga · May 6, 2025
Via Benzinga · May 6, 2025
Rogoff wrote in The Economist that President Donald Trump’s trade policies may ultimately erode America’s global standing, and recommended beginning a course correction by removing trade adviser Peter Navarro.
Via Stocktwits · May 6, 2025
Jones expects policymakers to wait for greater clarity on trade policies before making any policy adjustments.
Via Stocktwits · May 6, 2025
In a bold departure from prevailing economic forecasts, Cathie Wood suggests that "rolling recession" is nearing an end.
Via Benzinga · May 6, 2025
The visit marks Canadian Prime Minister Mark Carney’s first in-person meeting with U.S. President Donald Trump since winning the April 28 federal election.
Via Stocktwits · May 6, 2025
Warren Buffett expressed his disappointment over the depreciating U.S. dollar and said that no one would want to hold assets in USD.
Via Benzinga · May 6, 2025
The Federal Reserve’s two-day meeting begins Tuesday, with the central bank widely expected to hold interest rates steady.
Via Stocktwits · May 6, 2025
President Donald Trump's sweeping economic agenda combining tax breaks, spending cuts and immigration reform faces obstacles in Congress, while a major Wall Street figure raises alarm about potential market impacts.
Via Benzinga · May 6, 2025
US markets closed lower due to Trump's tariff on foreign films. Investors await Fed decision amid inflation & profit concerns. Crude oil & gold prices rose, while US futures & USD fell.
Via Benzinga · May 6, 2025
Bitcoin (CRYPTO: BTC) is maintaining its position amid market uncertainty as traders anticipate the Federal Reserve’s upcoming policy meeting, with a prominent analyst suggesting the cryptocurrency may have reached its correction low.
Via Benzinga · May 6, 2025
U.S. stock futures fell on Tuesday after snapping a 9-day winning streak on the S&P 500 index. Futures of all indices were lower in premarket.
Via Benzinga · May 6, 2025
As Uber is slated to report its Q1 earnings, experts forecast robust metrics while predicting that it could win the "robo taxi war".
Via Benzinga · May 6, 2025
Last week, Super Micro reduced its third-quarter net sales and adjusted earnings per share outlook, with the new guidance falling notably below the consensus.
Via Stocktwits · May 6, 2025
Former VP Mike Pence voiced his apprehensions about President Trump's tariff policies, hinting at potential economic fallout and shortages.
Via Benzinga · May 6, 2025
Bessent said trade, tax cuts and deregulation as the primary components of President Trump's economic agenda.
Via Stocktwits · May 6, 2025
As U.S. dollar is trading 8.02% lower YTD, this expert believes that depreciation is fueling "a powerful tailwind for multinational earnings."
Via Benzinga · May 6, 2025
According to Morgan Stanley's Matt Wilson, the 5,750-5,800 area — the convergence of the 200-day and 100-day moving averages — is the most critical technical test for the S&P 500 Index.
Via Stocktwits · May 5, 2025
U.S. commercial revenue surpassed a billion-dollar-annual-run-rate for the first time during the first quarter, while international commercial revenue saw some weakness.
Via Stocktwits · May 5, 2025