After two straight days of sell-offs, the major indexes waffled on Wall Street Tuesday. Axios Business Editor Dan Primack explains the factors potentially driving this market volatility.
"There's a lot of factors you can point to," says Primack. "You have deficit concerns in terms of borrowing, you obviously have the algorithmic trading issues, you have just the general fact that things might have been overheated in profit taking."
Primack explains the point drop is outside a massive external event, there is not a single thing that makes these types of sell-offs happen."Sometimes it is a very fickle invisible hand, and unfortunately, there's not much we can do," said Primack.
Mark Hamrick of Bankrate discusses the jobs market, AI's growing impact on employment, and how markets are reacting to today’s surprising payroll data.
Amanda Chu of POLITICO reveals how lawmakers are betting millions on pharma stocks even as Trump threatens tariffs and demands steep drug price cuts. Watch!
Hayley Berg, Hopper’s lead economist, previews soaring summer 2025 travel: record international flights, cheaper fares for Europe & Asia, plus booking hacks.
NerdWallet Senior Economist Liz Renter shares what she's tracking in economic data, with a focus on U.S. household debt and rising credit card balances. Watch!
At some 940-pages, the legislation is a sprawling collection of tax breaks, spending cuts and other Republican priorities, including new money for national defense and deportations.
