Market News

Latest financial news from across the markets

Daily Market Overview

Wall Street experienced a significant pullback following a post-election rally, with the Nasdaq facing its worst day since April 2025, largely driven by a sharp decline in AI and tech stocks. Meanwhile, banks are tightening lending standards for riskier borrowers, reflecting growing caution in the market. In the consumer sector, analysts are identifying potential buying opportunities in select stocks after the midterm elections. Additionally, the IRS announced increased estate and gift tax exemptions for 2027, which could impact financial planning strategies moving forward.

Latest Market Updates

Neocloud IREN says $4 billion in annualized revenue being delayed by customer request

Neocloud IREN says $4 billion in annualized revenue being delayed by customer request

less than a minute ago

Magnificent 7 loses $1 trillion. The most eye-popping stats from plunge

Magnificent 7 loses $1 trillion. The most eye-popping stats from plunge

less than a minute ago

Stocks making the biggest moves after hours: DraftKings, Cloudflare, Airbnb

Stocks making the biggest moves after hours: DraftKings, Cloudflare, Airbnb

less than a minute ago

Nasdaq drops into correction territory — here’s what typically happens next

Nasdaq drops into correction territory — here’s what typically happens next

less than a minute ago

Elon Musk's Tesla and SpaceX lose over $420 billion in combined market cap

Elon Musk's Tesla and SpaceX lose over $420 billion in combined market cap

less than a minute ago

Retail traders dump the most stocks in single day since Covid selloff

Retail traders dump the most stocks in single day since Covid selloff

less than a minute ago

Nvidia's Huang is asked to brief Congress on reported Chinese spy relationship

Nvidia's Huang is asked to brief Congress on reported Chinese spy relationship

less than a minute ago