President Trump’s policies have rattled financial markets in his first 100 days in office, sending stocks sinking and causing unusual moves in the bond and currency markets.
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Tarnished Magnificent 7 stocks rebound faces test with earnings
NEW YORK (Reuters) -The U.S. technology and growth stocks known as the “Magnificent Seven” have regained their footing somewhat after a steep slide, but a few weeks of growing valuations and a dimming earnings edge could make it harder for them to push Wall Street higher. The stocks — Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta Platforms and Tesla — have stumbled in 2025, dragging down the benchmark indexes they had lifted to record peaks the prior two years. The highly valued shares had swooned as investor fears spiked about the economic fallout from President Donald Trump’s tariffs.
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Odd Lots: Important US Economic Data Is Decaying (Podcast)
Gathering official economic data is a huge process in the best of times. But a bunch of different things have now combined to make that process even harder. People aren’t responding to surveys like they used to. Survey responses have also become a lot more divided along political lines. And at the same time, the Trump administration wants to cut back on government spending, and the worry is that fewer official resources will make tracking the US economy even harder for statistical departments th
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Nasdaq Bear Market: 2 Magnificent Stocks Down 6% and 14% You'll Regret Not Buying on the Dip
The Nasdaq Composite index slipped into bear market territory in April, after President Trump imposed tariffs on America’s trading partners. Digital products and services are largely exempt from tariffs, so cybersecurity vendors like CrowdStrike and Palo Alto Networks are mostly unaffected. Following President Donald Trump’s “Liberation Day” tariff announcement on April 2, the Nasdaq Composite technology index plunged by as much as 24% from its record high, placing it in a technical bear market.
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