State of the Markets: Tracking S&P 500 and Dow Performance
President Trump's plan for a sweeping tariff on steel and aluminum imports is causing investors to worry about a possible trade war. Fidelity's John Gagliardi joined Cheddar to provide insight into market movements.
Gagliardi breaks down how to approach the markets through three charts. He walks us through long-term, medium-term, and short-term graphs to highlight key takeaways in historical market patterns.
Gagliardi points out that in a short-term chart, you can see the new normal in the S&P 500 is higher highs and higher lows. This is a sign that we're still in a secular bull market, according to Gagliardi.
Payments are restarting for student loan borrowers but the FTC is warning about in increased risk of getting scammed. Leslie Tayne, founder of Tayne Law Group, joined Cheddar News to provide tips on how to avoid scams amid confusion over payment plans and restarting dates.
