Fed, Trump and Jerome H. Powell
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Wall Street prepared for major earnings and economic data ahead of a blockbuster week that could shake markets.
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Investor's Business Daily on MSNStock Market Today: Dow Dips As Microsoft Slips Ahead Of Earnings; Cathie Wood Loads Up On This Stock Amid 47% Plunge (Live Coverage)The Dow Jones index dipped on the stock market today. President Trump spoke on tariffs. Tesla popped after Elon Musk touted an AI deal. Cathie Wood bought a diving stock.
Earnings are in the midst of a "rolling recovery" that'll boost the S&P 500. AI, fiscal policy, and rate cuts will help the rally, Morgan Stanley said.
Apple, Microsoft, Amazon and Facebook parent Meta Platforms, four of the "Magnificent Seven," whose stocks heavily influence Wall Street's benchmark indexes because of the companies' massive market values,
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Donald Trump's tariff announcement and pause roiled and reinvigorated Wall Street. The wild ride for stocks truly began following the close of trading on April 2. This day, common
US stocks held steady after President Trump visited the Federal Reserve and Wall Street digested the latest batch of corporate earnings.
Stock sales by top officials clustered before Trump's major tariff announcements, according to a USA TODAY analysis of transaction forms.