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Market slumps at a bad time for Trump The turbulence on Wall Street comes at an especially bad time for a president who loves to brag about the stock market. The Dow plunged 363 points on Tuesday, one of its worst days since the 2016 election – hours before President Trump’s first State of the Union address.
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Asian stock markets fell for a third day Monday after China allowed its yuan to sink to its lowest level this year following President Donald Trump’s latest tariff threat.
Below is a chart of key forthcoming economic reports and events this week that have the power to move markets. In decidedly negative news for investors on Monday, the Empire State manufacturing survey fell short of consensus expectations and showed a contraction in June.
Your Next Moves in This Mixed-Bag Market – Trump Slump World; Donal Ryan: ‘I fear failure, even though it’s necessary to fail over and over again as a writer’ Can an insurance company do banking better? Manulife takes a stab at it
The stock market stumbled Friday to its first losing month of 2019 in May, primarily due to President Donald Trump’s decision to broadly wield his tariff powers, first against China over trade.
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Fed rate cuts will mean savings for many homeowners. Most adjustable-rate mortgages and home equity lines of credit (HELOCs) are tied to the prime rate. If your mortgage is an ARM or if you tapped your home equity with a HELOC, you’ll see your interest rate drop after the Fed starts moving and the prime starts falling.