U.S. equity funds witnessed their first weekly outflow in six weeks in the week through November 26, as concerns over lofty tech valuations prompted investors to take profits and overshadowed optimism about a possible Federal Reserve rate cut next month. They divested a net $4.56 billion worth of U.S. equity funds in their first weekly net sales since October 15, LSEG Lipper data showed. The S&P 500 has risen more than 3% so far this week on expectations of a Federal Reserve

An attendee at Bitcoin 2025 in Las Vegas, May 28, 2025. Bitcoin and other digital tokens have lost more than $1 trillion in value in recent weeks, raising concerns about a wider market fallout. (Gabriela Bhaskar/The New York Times) By BERNHARD WARNER After a brutal and volatile week, bitcoin was down slightly earlier this week. Crypto tokens have lost more than $1 trillion in market value since their October peak, according to Deutsche Bank, stoking fears that the sell-off ha

Wall Street gained ground on Tuesday as revived tech strength and the growing probability of a December interest rate cut from the U.S. Federal Reserve put investors in a buying mood the day before the Thanksgiving holiday. All three major U.S. stock indexes were on course to notch their fourth consecutive daily gains, as investors looked past the worries over inflated tech valuations that dragged all three indexes to losses last week. Those fears ebbed in the aftermath of ar

The benchmark S&P 500 should end next year at 7,500, helped by a resilient U.S. economy and an artificial intelligence-driven “supercycle,” according to Dubravko Lakos-Bujas, J.P. Morgan’s head of global markets strategy. The index ended Tuesday at 6,765.89. If the S&P 500 finishes next year at 7,500, it would mean a gain of 10.9% from here. The forecast is close to the 7,490 median year-end 2026 target in a new Reuters poll of equity strategists. The J.P. Morgan outlook, rel

Víctor Feliu, co-founder of Feliu Chocolate, operates a machine at the company in Guadalajara, Mexico, Oct. 23, 2025. Shipping to the United States is “very difficult if rules are changing every few months,” Feliu said. (César Rodriguez/The New York Times) By NADAV GAVRIELOV The tea farmer in Japan, the shoe company in Montreal, the chocolatier in Mexico: Small businesses around the world have been roiled by President Donald Trump’s constantly changing trade policies. The tra

U.S. stocks climbed to new record levels on Wednesday as investors awaited the Federal Reserve’s interest rate decision and a wave of earnings from major technology companies. The Nasdaq Composite rose 0.6%, the S&P 500 gained 0.2%, and the Dow Jones Industrial Average advanced 231 points, or 0.5%. All three major indexes reached new all-time intraday highs during the session. Markets remain optimistic that the rally can continue as long as the economy clears several major te

Southbound trucks prepare to cross the Rio Grande into Mexico, at the World Trade Bridge in Laredo, Texas, Feb. 1, 2025. Mexico is now the world’s top buyer of U.S. goods, according to data released by the U.S. government on Wednesday, Nov. 19, 2025, outpacing Canada for the first time in nearly 30 years. (Gabriel V. Cárdenas/The New York Times) By JAMES WAGNER Mexico is now the world’s top buyer of U.S. goods, according to data released by the U.S. government Wednesday, outp

Wall Street stocks advanced on Monday, extending Friday’s rally as increased odds that the U.S. Federal Reserve will lower its key Fed funds target rate in December helped investors look past concerns over inflated tech valuations. U.S. indexes embarked on a holiday-shortened week with solid gains, with gains in the “Magnificent Seven” group of artificial intelligence-related momentum stocks sending the tech-heavy Nasdaq up 2.7%. A flurry of economic reports, belatedly releas