News

(Bloomberg) -- Traders in the futures and options markets are loading up on bets the Federal Reserve will have to lower rates this year by more than expected because of the Trump administration’s aggressive policy agenda.Most Read from BloombergNYC Congestion Pricing Toll Gains Support Among City ResidentsTrump DEI Purge Hits Affordable Housing GroupsElectric Construction Equipment Promises a Quiet RevolutionWhere New York City's Zoning Reform Will Add HousingOpen Philanthropy Launches $120 Mill

"What we are seeing now is everyone de-risking to ride out these uncertain times," one expert said.

The S&P 500 nearly fell into correction territory in intraday trading on Tuesday, a day after the index dropped below its 200-day moving average—a "key technical indicator" and gauge of market momentum.

Wellness products company Nature’s Sunshine (NASDAQ:NATR) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 8.5% year on year to $118.2 million. The company expects the full year’s revenue to be around $457.5 million, close to analysts’ estimates. Its non-GAAP loss of $0 per share was significantly below analysts’ consensus estimates.

Personalized clothing company Stitch Fix (NASDAQ:SFIX) announced better-than-expected revenue in Q4 CY2024, but sales fell by 5.5% year on year to $312.1 million. On top of that, next quarter’s revenue guidance ($313.5 million at the midpoint) was surprisingly good and 12.5% above what analysts were expecting. Its GAAP loss of $0.05 per share was 55.4% above analysts’ consensus estimates.

(Bloomberg) -- It was just after 10 a.m., a half hour after the opening bell, and the S&P 500 Index had started to steady from the fear-induced selloff that swept across Wall Street on Monday. Most Read from BloombergNYC Congestion Pricing Toll Gains Support Among City ResidentsTrump DEI Purge Hits Affordable Housing GroupsWhere New York City's Zoning Reform Will Add HousingElectric Construction Equipment Promises a Quiet RevolutionInside the ‘Not Architecture’ of High Line Designers Diller Scof

Concrete and waste management company Concrete Pumping (NASDAQ:BBCP) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 11.5% year on year to $86.45 million. The company’s full-year revenue guidance of $410 million at the midpoint came in 2.4% below analysts’ estimates. Its GAAP loss of $0.06 per share was significantly below analysts’ consensus estimates.

Tesla bounced back on Tuesday following its worst day in five years after one of Wall Street’s biggest bulls said it was time to buy the stock — and President Trump pledged to buy a Tesla.

(Bloomberg) -- A fresh flurry of trade-policy headlines touched off another volatile trading day on Wall Street, with the S&P 500 Index’s three-week selloff briefly reaching 10% before a late rally pared the drop.Most Read from BloombergNYC Congestion Pricing Toll Gains Support Among City ResidentsTrump DEI Purge Hits Affordable Housing GroupsWhere New York City's Zoning Reform Will Add HousingElectric Construction Equipment Promises a Quiet RevolutionInside the ‘Not Architecture’ of High Line D

Stock markets built on the latest steep losses driven by recession fears.