Zion Tech Group

Tag: stumble

  • Dow, S&P 500, Nasdaq stumble as Trump recommits to sweeping tariffs on Saturday


    The US dollar (DX=F, DX-Y.NYB) is on track to secure its best week since mid-November as a looming tariff deadline pushes the greenback currency to new heights.

    The US Dollar Index, which measures the dollar’s value relative to a basket of six foreign currencies — the euro, Japanese yen, British pound, Canadian dollar, Swedish krona, and Swiss franc — rose about 0.5% on Friday to rebound from its worst performance in over a year last week.

    The index has gained around 8% since its September lows and is up about 5% since Election Day.

    The dollar’s price action has largely been driven by two main catalysts: President Trump’s election and the subsequent Republican sweep, along with the recalibration of future Fed easing in the face of strong economic data.

    But the unknown of Trump’s tariff policy has been the biggest driver in recent weeks and looks set to remain that way in the months ahead.

    “In case there was any lingering doubt, investors are judging tariffs to be a dollar-positive, as we had anticipated,” Capital Economics senior markets economist James Reilly wrote in a note published on Friday.

    But “for all the attention tariffs have received in recent months, they are far from priced in,” he warned.

    On Friday, the White House reiterated President Trump’s plan to enact 25% tariffs on Mexico and Canada as soon as Saturday, denying an earlier Reuters report that suggested Trump is weighing a tariff plan that includes a delay on implementation by a month.

    According to Reilly, elevated volatility in currency markets reflect traders “appear to be bracing for something,” but also said they seem reluctant to take Trump at his word.

    “That’s a key reason why we think the dollar still has a bit more upside if, as remains our working assumption for now, a 10% universal tariff and 60% levy on imports from China are imposed around Q2,” he said.



    The stock market took a hit on Friday as President Trump announced plans to move forward with imposing tariffs on Chinese goods. The Dow Jones Industrial Average, S&P 500, and Nasdaq all stumbled as investors reacted to the news.

    Trump’s decision to recommit to imposing tariffs on Saturday came after talks with Chinese officials failed to reach a resolution. The move is expected to escalate tensions between the world’s two largest economies, potentially leading to a trade war.

    Investors are concerned about the impact that tariffs could have on the global economy, as they could lead to higher prices for consumers and disrupt supply chains. The uncertainty surrounding trade relations between the US and China has been a major source of volatility in the markets in recent months.

    As a result of Trump’s announcement, the Dow Jones Industrial Average dropped by over 300 points, while the S&P 500 and Nasdaq also saw significant losses. The news has left investors on edge, as they wait to see how China will respond to the US tariffs.

    Overall, the stock market is facing increased uncertainty and volatility as a result of Trump’s decision to recommit to imposing tariffs on Chinese goods. Investors will be closely watching how the situation unfolds in the coming days and weeks.

    Tags:

    1. Stock market news
    2. Dow Jones
    3. S&P 500 index
    4. Nasdaq
    5. Tariffs
    6. Trump administration
    7. Trade war
    8. Market volatility
    9. Economic impact
    10. Global trade tensions

    #Dow #Nasdaq #stumble #Trump #recommits #sweeping #tariffs #Saturday

  • Dow drops 305 points as US stocks stumble into the new year

    Dow drops 305 points as US stocks stumble into the new year


    NYSE trader
    Spencer Platt/Getty Images
    • US stocks fell Monday, with the Dow down as much as 500 points and the Nasdaq 100 off nearly 5% from its peak.

    • Rising interest rates over the past month have weighed on stock prices.

    • Boeing stock dropped as much as 6% after a plane crash in South Korea over the weekend.

    US stocks declined on Monday as the tech sector’s sell-off accelerated into year-end.

    The Dow Jones Industrial Average recovered some of the morning’s losses, down about 300 points around midday after falling by more than 500 points shortly after the opening bell. The S&P 500 and the Nasdaq Composite also erased some earlier losses.

    The Nasdaq 100 has extended its mid-December decline to nearly 5% amid a rise in bond yields, while the S&P 500 has dropped by about 3% over the same time period.

    Yields edged lower on Monday, with the 10-year Treasury yield down six basis points to 4.559%. However, the yield is up sharply since earlier in the month when it was hovering around 4.1%.

    According to Fairlead Strategies founder Katie Stockton, the recent weakness in the stock market has flashed a technical “sell” signal.

    “The SPX posted a modest gain during the shortened week, but out intermediate-term indicators logged ‘sell signals nonetheless, including the weekly stochastic and MACD,” Stockton said, referring to two momentum-based technical indicators.

    Stockton said the sell signals increase the probability of a stock market correction in January.

    A slide in Boeing shares weighed on the Dow on Monday, with the stock down as much as 6% after a Boeing 737-800 plane crashed in South Korea on Sunday, killing 179 people onboard.

    For economic data this week, investors will watch the release of the S&P Case-Shiller home price index on Tuesday morning, followed by initial jobless claims on Thursday and ISM manufacturing data on Friday.

    It’s a shortened holiday trading week, with the stock and bond markets closed on Wednesday for New Year’s Day.

    Here’s where US indexes stood at 12:35 p.m. on Monday:

    Here’s what else is going on:

    In commodities, bonds, and crypto:

    • West Texas Intermediate crude oil jumped 0.95% to $71.27 a barrel. Brent crude, the international benchmark, was higher by 0.66% to $74.28 a barrel.

    • Gold was lower by 0.20% to $2,626.60 an ounce.

    • The 10-year Treasury yield dropped six basis points to 4.559%.

    • Bitcoin declined 0.81% to $92,810.

    Read the original article on Business Insider



    The Dow Jones Industrial Average plummeted 305 points on the first trading day of the new year, as US stocks stumbled out of the gate in 2022. The sharp decline was fueled by concerns over rising interest rates, inflation, and the ongoing impact of the COVID-19 pandemic.

    Investors are bracing for a rocky start to the year, with uncertainty looming over the global economy and geopolitical tensions escalating. The tech sector took a particularly hard hit, with major tech giants seeing significant losses.

    As we navigate through the challenges ahead, it’s important to stay informed and adaptable in order to weather the storm. Stay tuned for more updates on the market and how it may impact your investments in the days and weeks to come.

    Tags:

    1. Stock market news
    2. Dow Jones
    3. US stocks
    4. Market drop
    5. Economic analysis
    6. Stock market volatility
    7. Financial markets
    8. Market performance
    9. Investment outlook
    10. Stock market trends

    #Dow #drops #points #stocks #stumble #year

  • Markets stumble as Wall Street sells off Big Tech

    Markets stumble as Wall Street sells off Big Tech




    CNN
     — 

    US stocks ended Friday in the red, closing out a lackluster week despite a year of historic highs.

    The Dow was lower by 333 points, or 0.78%, after the closing bell. The S&P 500 lost 1.1% and the Nasdaq Composite was down by 1.5%, after a selloff in Big Tech stocks. Shares of Tesla (TSLA) closed lower by around 5%, while Amazon (AMZN), Alphabet (GOOG), Microsoft (MSFT)and Nvidia (NVDA) lost about 2%.

    The “Magnificent Seven” group of high-performing tech stocks — Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla — has accounted for more than half of the gains so far this year as they benefit from intense investor focus on ways to play the artificial intelligence boom, according to S&P Dow Jones Indices.

    Analysts have long cautioned that the market’s reliance on a handful of names exposes the stock market to potential trouble, should the group stumble.

    “If a few of these companies fail to beat an elevated bar for positive surprises, there is a risk they would also fall together,” said Keith Lerner, chief market strategist at Truist Wealth. “I would prefer a broader market, where mega cap growth stocks do well and other segments are also doing well. So if one area falters, another segment picks up the baton.”

    Bitcoin’s tremendous late-year rally also fizzled, as traders looked to profit taking. The cryptocurrency had dropped to around $94,000 by late afternoon on Friday after topping $106,000 earlier this month on hopes that President-elect Donald Trump will usher in a crypto-friendly administration when he returns to the White House next month.

    Treasury yields rose Friday, with the 10-year passing 4.6%, potentially pushing some trading out of equities.

    Trading volume was thin due to the shortened holiday week, magnifying any moves. Despite the selloff in equities, there’s really no big news markets are reacting to: Such dramatic market moves have become something of a Christmas week tradition, as buying and selling can have a dramatic effect on stock indexes with most traders on vacation.

    Low trading volume can also mean high volatility. With remaining traders opting to take some recently gained profits and stuff them in their pockets, momentum shifted as folks literally and figuratively headed for the exits.

    To note: Last year, on December 20, the Dow tumbled 500 points. FactSet analysts said there was “nothing really new” markets were reacting to. On December 15, 2022, the Dow plunged 765 points for no real reason at all. Some market analysts cited “recession fears,” which ended up unfounded. And on December 30, 2019, the Dow sank 200 points. CNN Business’ story noted the day was “relatively devoid of news.”

    But the mother of all end-of-year market chaos moments happened in a 10-day stretch to end 2018, when the Dow sank 4,000 points before staging one of the best days on record — a 1,086-point gain — before a roller coaster day the next trading day, which nearly wiped out all those gains.

    Looking ahead to 2025, stocks are likely to outperform bonds even after a two-year run of strong performance, said Anthony Valeri, investment management director at California Bank & Trust. “Investors should maintain their equity exposure into the New Year,” he wrote in a note issued Friday. “Stocks are still the best investment to protect against inflation.”



    The stock market took a hit today as Wall Street sold off shares of Big Tech companies, causing markets to stumble. Tech giants such as Apple, Amazon, Facebook, and Google all saw significant drops in their stock prices, leading to a broader sell-off in the market.

    Investors are growing increasingly concerned about the high valuations of these tech companies, as well as the potential for increased regulation and antitrust scrutiny. The recent surge in Covid-19 cases and renewed lockdown measures in some parts of the country have also added to the uncertainty in the market.

    The Nasdaq composite index, which is heavily weighted towards tech stocks, was hit particularly hard, falling over 2% in today’s trading. The S&P 500 and Dow Jones Industrial Average also saw declines, albeit to a lesser extent.

    Analysts warn that the sell-off in Big Tech could have a ripple effect throughout the market, as these companies have been driving much of the gains in recent months. Investors may start to shift their focus to other sectors, such as healthcare and consumer staples, which are perceived as being more stable in times of economic uncertainty.

    As always, it’s important for investors to stay informed and diversify their portfolios to mitigate risk. The market may continue to be volatile in the coming days, so it’s crucial to stay vigilant and be prepared for any further fluctuations.

    Tags:

    1. Stock market news
    2. Wall Street sell-off
    3. Big Tech stocks
    4. Market volatility
    5. Investment strategies
    6. Financial market update
    7. Market trends
    8. Stock market analysis
    9. Tech sector sell-off
    10. Economic outlook

    #Markets #stumble #Wall #Street #sells #Big #Tech

  • Berrettini and Rune stumble at the start of the new season

    Berrettini and Rune stumble at the start of the new season


    Streaming ATP Hong Kong MD live tennis

    Khachanov/Rublev vs Nam/Wong

    * You can watch and bet on this match live here..

    The new season is already underway and it comes with multiple surprises. Matteo Berrettini fell to a great Jordan Thompson at ATP Brisbane 2025 with a score of 6-3, 3-6, and 6-4 in 2 hours and 15 minutes of play, comeback included. A few hours later, Holger Rune had one of the disappointments of the day by losing in his first match of the new season against Jiri Lehecka. The Czech dominated from start to finish, winning on court by 7-5 and 6-3, a version that the Dane needs to improve if he wants to find a good level in Australia.

    Results of the day at ATP Brisbane 2025:

    • Benjamin Bonzi d. Alejandro Tabilo 6-7(8), 7-6(5), and 6-4
    • Nicolas Jarry d. Mariano Navone 7-5 and 7-6(7)
    • Grigor Dimitrov d. Yannick Hanfmann 7-6(5) and 6-3

    This news is an automatic translation. You can read the original news, Berrettini y Rune tropiezan en el inicio de la nueva temporada



    In a surprising turn of events, top tennis players Matteo Berrettini and Holger Rune stumbled at the start of the new season. Both players were considered favorites to make a strong start to the year, but unfortunately, things did not go as planned.

    Berrettini, who is currently ranked in the top 10, faced a shocking defeat in the first round of a major tournament. The Italian player struggled to find his rhythm and ultimately fell to a lower-ranked opponent in a tight match. This unexpected loss is sure to be a setback for Berrettini as he looks to build momentum for the rest of the season.

    On the other hand, young talent Holger Rune also faced a disappointing start to the season. The 18-year-old rising star had high expectations coming into the new year, but he too suffered an early exit in a tournament. Rune, who has been making waves on the tour with his impressive play, will need to regroup and refocus in order to bounce back from this setback.

    It just goes to show that in the world of tennis, anything can happen. Both Berrettini and Rune will need to put this rough start behind them and focus on the upcoming challenges that lie ahead. Only time will tell if they can recover and make a strong comeback in the remainder of the season.

    Tags:

    1. Berrettini and Rune tennis news
    2. ATP season kickoff upsets
    3. Tennis stars stumble in new season
    4. Berrettini and Rune early season struggles
    5. ATP tour surprises
    6. Tennis upsets 2022
    7. Berrettini and Rune disappointing start
    8. ATP season opening results
    9. Tennis stars stumble in new year
    10. Berrettini and Rune season setbacks

    #Berrettini #Rune #stumble #start #season

  • Premier League Boxing Day grades: Fulham earn high mark for upset of Chelsea; Tottenham stumble

    Premier League Boxing Day grades: Fulham earn high mark for upset of Chelsea; Tottenham stumble


    Fulham’s come-from-behind win over Chelsea headlines the Premier League’s Boxing Day action so far, which has delivered mixed results for a few of England’s top sides. Second-place Chelsea were off to a strong start with a first half goal from Cole Palmer but an impressive Fulham side outplayed them and were eventually rewarded with two late but deserved goals. It was a harsher result than the points dropped by Manchester City, who now have just one win in 13 games after tying 1-1 with Everton.

    As the Premier League’s latest batch of Boxing Day games plays out, here are grades for each of the teams in action.

    Premier League Boxing Day scores

    All times Eastern

    • Manchester City 1, Everton 1
    • Chelsea 1, Fulham 2
    • Nottingham Forest 1, Tottenham Hotspur 0
    • Newcastle United 3, Aston Villa 0
    • Bournemouth 0, Crystal Palace 0
    • Southampton 0, West Ham United 1
    • Wolves vs. Man United, 12:30 p.m.
    • Liverpool vs. Leicester, 3 p.m.

    Manchester City vs. Everton grades

    Manchester City: Even amidst the worst run of form of Pep Guardiola’s managerial career, one may have looked at Thursday’s game against 15th place Everton as a chance for City to reverse their fortunes. That chance came and went just like the other games in City’s poor run, wasting their 24 shots by putting just five on target and once again appearing out of ideas in every area of the pitch. For once, though, City actually had a chance to win the game on a silver platter with a second-half penalty and could not even capitalize there. They are undoubtedly in a rut, and the fact that Guardiola still has not found a solution to their problems is very concerning. Grade: D

    Everton: The Toffees love a draw, sharing the spoils in five of their last seven games. One might argue that they should look for wins at a certain point, but they can be forgiven considering their last three games have come against Arsenal, Chelsea and City. They seem to have perfected the tactical stylings of manager Sean Dyche and successfully stymied City, down to Pickford’s big save with a penalty. They stand a chance of picking up the biggest result of the day, too, so it’s a job well done for Everton. Grade: B

    Chelsea vs. Fulham grades

    Chelsea: The Blues may have come into this one as the favorites, but they were outplayed by Fulham and paid the price for it by conceding two late goals. Palmer may have given them the lead with a 16th-minute strike, but they were unable to command the game after the fact and were arguably second-best in most categories. That includes their attack, which is amongst the Premier League’s best with 38 goals this season but was inconsistent on Boxing Day – they put eight of their 12 shots on target but were outdone by Fulham’s 14 shots and posted 0.9 fewer expected goals than the eventual winners. It’s unclear how serious Chelsea were as title contenders, but this loss will no doubt be a big hit to their chances. Grade: F

    Fulham: The race for European berths is poised to be a competitive one this season in the Premier League, in large part because teams like Fulham are stringing together encouraging performances. Thursday’s performance was an example of just that – despite conceding an early goal, they slowly but surely clawed their way back into the game with Harry Wilson‘s 82nd-minute equalizer and Rodrigo Muniz‘s 95th-minute winner. They also outdid Chelsea’s impressive attack, outshooting the Blues 14 to 12 and generating 1.95 expected goals along the way. Grade: B

    Nottingham Forest vs. Tottenham Hotspur grades

    Nottingham Forest: On Thursday, Nottingham Forest’s defense-first approach served them well yet again, successfully stifling Tottenham Hotspur’s league-leading offense by limiting them to just four shots on goal from 13. It helps to take advantage of the opponent’s depleted defense just once to secure another valuable win, one that takes them third place and continues to solidify their status as lead contenders for a berth in next season’s edition of the UEFA Champions League. Grade: A

    Tottenham Hotspur: In a game of a well-performing defense and the Premier League’s best attack, the latter ended up losing and it adds another layer of concern in a season of inconsistency for Spurs. The one that generally works for Ange Postecoglou’s side, on good days and bad ones, is their attack but they will probably be unhappy with the fact that they played Forest evenly on expected goals. Add to that Djed Spence‘s second yellow card in the 94th minute, this was a Boxing Day to forget for Spurs. Grade: D

    Newcastle United vs. Aston Villa grades

    Newcastle United: The hosts were already the better side by the time Aston Villa’s Jhon Duran picked up a straight red card in the 32nd minute, but Newcastle United made sure not to waste the additional advantage. They end Boxing Day with one of the more lopsided victories of the holiday as a result, bolstering their own case as a potential participant in next season’s Champions League competition. Grade: A

    Aston Villa: It feels like just about everything went wrong for Aston Villa, who were already down a goal two minutes in and then played the final hour down a player. They were unable to manage more than four shots and a single attempt on target as a result, though much of that will be attributed to the impact of Duran’s red card. Thursday’s game might be an outlier in terms of their performance, but the fact that they have now slipped down to ninth place is a worrying sign. Grade: F

    Bournemouth vs. Crystal Palace grades

    Bournemouth: Fresh off a 3-0 win over Manchester United, Bournemouth had opportunities to score but were unable to find the back of the net on Thursday. They were arguably wasteful, putting up 18 shots but mustering just 1.33 expected goals and taking only four shots on goal. It may have been two points missed for the Cherries, who are in the hunt for European competition and currently sit in sixth place, but it does not feel like a record scratch for their strong season so far. Grade: C

    Crystal Palace: To some degree, Crystal Palace held their own against an impressive Bournemouth team but still offered nothing to write home about despite picking up a point on Boxing Day. It might just be a valuable point for Palace, who are currently three points above the relegation zone, but a team that close to the drop generally means they frequently leave something to be desired in their performances. That was the case for Palace on Thursday, for sure. Grade: C

    Southampton vs. West Ham United grades

    Southampton: Even without Russell Martin, Southampton did not abandon their attack-minded approach on Thursday and edged out the opponents in shots and expected goals. That said, the Saints will be very disappointed by the fact that they did not actually manage to turn 17 shots and 1.86 expected goals into an actual goal, leaving some valuable points on the table and doing little to climb out of last place. Grade: F

    West Ham United: A win is a win, perhaps, but West Ham did not cover themselves in glory by barely beating the Premier League’s worst team. They managed just two shots on target against the league’s most porous defense and as mentioned, lost most of the attacking battles to the Saints. The Hammers are still locked into that tight midtable that includes Tottenham and Manchester United, but even if they are just 10 points away from the top four, Julen Lopetegui’s side did not do much to convince them they can rise up the table. Grade: D





    Premier League Boxing Day grades: Fulham earn high mark for upset of Chelsea; Tottenham stumble

    Fulham pulled off a stunning upset on Boxing Day as they defeated Chelsea 2-1 at Stamford Bridge. The Cottagers put in a fantastic performance to secure all three points against their London rivals, earning them a high mark for their efforts.

    On the other hand, Tottenham stumbled to a disappointing 2-0 defeat against Wolves at home. Spurs looked lackluster and failed to create many clear-cut chances, resulting in a below-par performance and a poor grade for the day.

    Overall, it was a day of surprises and drama in the Premier League, with Fulham stealing the headlines with their impressive victory over Chelsea. Stay tuned for more exciting matches and results as the festive fixtures continue.

    Tags:

    Premier League, Boxing Day, grades, Fulham, Chelsea, upset, Tottenham, stumble, soccer, football, sports, match analysis, top teams, English Premier League, EPL, game review, player performance.

    #Premier #League #Boxing #Day #grades #Fulham #earn #high #mark #upset #Chelsea #Tottenham #stumble

Chat Icon