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.
Amazon is being sued by U.S. regulators and and 17 states over allegations that the company abuses its position in the marketplace to inflate prices on other platforms, overcharge sellers and stifle competition.
President Joe Biden grabbed a bullhorn on the picket line Tuesday and urged striking auto workers to “stick with it” in an unparalleled show of support for organized labor by a modern president.
The confidence of American consumers slipped this month, particularly about the future, as expectations persist that interest rates will remain elevated for an extended period.
JPMorgan Chase agreed Tuesday to pay $75 million to the U.S. Virgin Islands to settle claims that the bank enabled the sex trafficking acts committed by financier Jeffrey Epstein.
