News

Futures activity hints at an influx of fresh shorts as Monday's bearish marubozu candle points to more losses ahead.

Traders said the current bearish sentiment could be overblown and macroeconomic decisions were key to support market growth.

Planned cuts to defense spending sparked a sell-off for Palantir stock that has continued into this week. Shares have tumbled after touching records.

Berkshire Hathaway shares jumped to a record high Monday after the conglomerate reported over the weekend that its fourth-quarter operating earnings surged more than 70% from a year earlier. Monitor these important chart levels.

Torsten Sløk, chief economist at Apollo, estimates 1 million jobs could be eliminated by the DOGE job layoffs.

Oil prices fell more than 2% to a two-month low on Tuesday on negative economic news from the U.S. and Germany, driven in part by worries about U.S. President Donald Trump's push for trade tariffs. Brent futures fell $1.61, or 2.25%, to $73.17 a barrel by 10:34 a.m. EST (1534 GMT), while U.S. West Texas Intermediate (WTI) crude fell $1.60, or 2.3%, to $69.10. Analysts said Trump's trade policies have raised concern at the U.S. Federal Reserve that higher import tariffs could boost inflation.

(Bloomberg) -- China’s strategy of defending its currency by choking local liquidity is sending ripples throughout the financial system, squeezing banks and fueling losses at bond funds.Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC, Proclaims ‘Long Live the King’NYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNYC to Shut Migrant Center in Former Hotel as Crisis EasesAs Visitors Discover Ghent, the City Is Trying to