Stocks staged a Friday comeback, but still closed out a tough February, as the markets post-election bump wobbled amid investors wavering faith in President Donald Trumps economic policies, with Tesl… [+4572 chars]
Why The Stock Market Slumped In Trump’s First Month—Even After Inflation Boost - Forbes
“Trump cares about the stock market” but “if the market doesn't see Trump moving towards more market-friendly policies, the level of trust could continue eroding,” according to Bank of America.
By:Derek Saul
Source:Forbes
Published:
Related News
Asian Stocks to Gain After US Data, BOJ in Focus: Markets Wrap - Bloomberg.com
Asian stocks climbed to a record and the dollar held its losses as global investors favored non-US assets amid policy unpredictability and geopolitical risks. Precious metals also set new all-time highs.
Bloomberg•Anand Krishnamoorthy, Winnie Hsu
Amazon Expected to Cut Thousands More Corporate Jobs Soon - Business Insider
Amazon plans major cuts impacting thousands of corporate employees, following a previous round of job cuts in October.
Business Insider•Eugene Kim
Trump sues JPMorgan, Jamie Dimon over cutting off banking access - The Washington Post
President Donald Trump filed suit against JPMorgan Chase and its CEO, Jamie Dimon, saying the bank abruptly closed his accounts.
The Washington Post•Rachel Lerman, Andrew Ackerman