Friday, February 21, 2025

Economy

Meta Shares Plunge, Ending Record-Setting 17-Day Run

Meta Platforms' stock fell sharply, ending a 20-day winning streak and erasing recent gains amid profit-taking and market decline.

S&P 500 Hits New High, But Tech Giants Face Struggles in the Market

The NYSE saw a broad rally with the S&P 500 reaching a new high, while M7 tech stocks struggled, notably Meta's decline.

Fed’s Waller Downplays Inflation Risks from Trump Tariffs, Dismisses Rate Cut Concerns

Waller downplays tariff inflation risks, suggesting limited impact on Fed policy as rates remain stable amid economic growth.

Tech Stocks Surge as Investors React to Delayed Tariffs Announcement

Trump's executive order on tariffs delayed until April boosts investor confidence, lifting major U.S. stock indices and tech shares.

Stock Market Jitters: Mixed Results as January CPI Surpasses Expectations

U.S. stock indices showed mixed results as investor sentiment dipped due to higher-than-expected CPI, impacting interest rate expectations.

Wall Street Closes Mixed as Powell’s Rate Caution and Tesla’s Slump Weigh on Markets

U.S. stock markets showed mixed results, with Dow and S&P 500 rising, while Tesla faced losses amid ongoing controversies.

Steel and Aluminum Stocks Skyrocket After Trump’s Tariff Announcement

U.S. stock markets rebounded despite tariff threats from Trump, with tech stocks surging while Tesla struggled and steel stocks soared.

Tech Rally Fuels S&P 500 and Nasdaq, While Dow Takes a Dip

Mixed results in NY stock indices with Nvidia rallying, while Tesla declines amid trade tensions. Oil prices also slip.