Stock market crash
The 2025 stock market crash was a major stock market crash in the United States which began on April 2, 2025 as a result of the worldwide tariffs put in place by US President Donald Trump. The crash is the largest decline in the US stock market since the COVID-19 pandemic. On March 21, Trump announced "Liberation Day", a day meant for imposing universal tariffs on all imported goods excluding pharmaceuticals, semiconductors, and lumber. On April 2, Trump announced his trade policy with 10% tariffs on all imported goods, with additional reciprocal tariffs targeting 90 countries such as China with a 34% tariff on all goods imported and a 20% tariff on all E.U imports. These measures took effect on April 9, 2025. The following day after this announcement at the opening bell, the Dow lost over 1,344.50 points and was down 3.22% and the S&P 500 lost 176.96 points and was down 3.15%. Shortly after the tariffs were announced, the US stock market lost more than $3 trillion. By the second week of May 2025, the market had recovered.
Read More
Wall Street slumps as bank and tech stocks fall
On January 14, 2026, U.S. stock markets dipped due to significant losses in bank and tech stocks. The S&P 500 declined 0.5%, the Dow Jones Industrial Average fell by 42 points (0.1%), and the Nasdaq composite dropped 1%. Major banks, including Wells Fargo (-4.6%), Bank of America (-3.8%), and Citigroup (-3.3%), posted disappointing or mixed earnings, sparking investor concern. Biogen also fell 5% due to anticipated hits from increased R&D costs. Tech stocks, such as Nvidia (-1.4%) and Broadcom (-4.2%), also trended downward following their significant AI-driven gains in past years. Despite index losses, more stocks rose than fell, with oil companies like Exxon Mobil (+2.9%) and Chevron (+2.1%) propping up the market amid rising oil prices, partly due to protests in Iran affecting supply. Smaller-company stocks fared better, with the Russell 2000 rising 0.7%. Bond yields dipped as investors sought stability, and mixed U.S. economic data, including stronger retail sales and modest wholesale inflation, reinforced expectations of upcoming interest rate cuts by the Federal Reserve. Globally, Japan's Nikkei 225 hit new highs, Hong Kong markets rose, while Shanghai slightly declined despite China’s record trade surplus.
Read More
Wall Street pulls back from records as JPMorgan and Delta kick off earnings season
On January 13, 2026, Wall Street experienced a slight pullback from record highs, with the S&P 500 dipping 0.2%, the Dow Jones Industrial Average declining 0.8%, and the Nasdaq falling 0.1%. The market's decline coincided with the kickoff of the latest earnings season, with mixed results from major corporations. JPMorgan Chase's stock dropped 4.2% after missing profit and revenue expectations, partly due to the acquisition of the Apple Card credit portfolio. Delta Air Lines also declined 2.4% after its revenue and profit forecast disappointed investors, despite beating earnings estimates. Chipotle fell 2.3% amid leadership changes. On the positive side, healthcare stocks gained, notably Moderna, which jumped 17.1% after raising revenue expectations and providing product updates. Revvity and Cardinal Health also rose following strong profit and revenue forecasts. Bond yields eased due to inflation data that largely met expectations, suggesting the Federal Reserve may proceed with anticipated interest rate cuts in 2026. However, inflation remains above the Fed's 2% target. Political tensions between the Fed and President Trump raised concerns about the central bank’s independence. Globally, Japan’s Nikkei 225 surged 3.1% on optimism about Prime Minister Sanae Takaichi’s potential policy agenda.
Read More
