Wall Street, American economy
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US stock futures slipped as Wall Street's recent optimism about the economy's ability to weather President Trump's tariffs began to wear thin.
Futures on Wall Street are pointing towards a positive start to the trading session ahead of two important numbers that will be reported over the next two days. The Dow futures are up 70 points, while the S&P 500 and Nasdaq are also trading just above the flat line.
Year to date, Apple ( AAPL -0.14%) and Tesla ( TSLA -3.21%) have been the two worst-performing "Magnificent Seven" stocks, notching losses of 19% and 15%, respectively. But Wall Street expects Apple shares to rebound in the coming months while Tesla shares fall even further, as detailed below:
Investors are waiting for further labor data and tariff-deal developments to ease uncertainty around President Trump's policy overhaul.
Shares of Zscaler (NASDAQ: ZS) have soared by an eye-popping 51% in 2025 so far, bucking the pessimism in the broader market that was triggered by simmering global trade tensions. With that said, Zscaler stock is still down 25% from the all-time high it set during 2021's tech sector frenzy.
NEW YORK (AP) — U.S. stocks are drifting on Tuesday, and financial markets worldwide are holding relatively steady as the wait continues for more updates on President Donald Trump’s tariffs and how much they’re affecting the economy.
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Year to date, Nvidia ( NVDA 1.69%) stock has returned 2%, while Palantir Technologies ( PLTR 0.20%) stock has advanced 72%. But forecasts from Wall Street analysts suggest that investors should buy one and sell the other.
The stock market’s crazy first five months of 2025 have left Wall Street pros in a bit of a pickle. Coming off the best month for the S&P 500 Index in a year and a half and the best May since 1990, the benchmark is still basically flat for 2025 and putting up one of its worst starts to a year since the 1950s.