Benchmark indices on Wall Street fell again on Thursday as investors weighed the latest tariff salvo from President Donald Trump on automakers. The Dow Jones shed 150 points, while the S&P 500 declined by 0.3%. The tech-heavy Nasdaq also ended 0.5% lower. Car giants from Toyota Motor Corp. to Mercedes-Benz Group AG and General Motors […]
Wall Street heads toward its worst week since 2022 as losses mount – CNBC TV18
More losses are hitting Wall Street at the close of a brutal week, and US stocks have erased earlier gains to fall after a nervously anticipated economic report came in close to expectations. The S&P 500 was down 1% in midday trading after erasing an early gain of 0.6%. It’s coming off a punishing stretch […]
A $185 billion debt sale frenzy draws Yield-hungry buyers in the US – CNBC TV18
Borrowers are flooding global debt markets at an unprecedented pace as they seek to take advantage of demand from credit-hungry managers that are so flush with cash they have already driven corporate bond spreads to a near 30-year low. Company Value Change %Change With debt markets in risk-on mode, Europe’s bond market saw a record […]