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Stocks close higher, Tesla robotaxi testing raises concerns, oil prices drop
Yahoo Finance· 2025-06-24 22:45
[Music] That is the closing bell on Wall Street and now it is market domination overtime. We're giving you full team coverage of all the moves to get you up to speed on the action from today's trade. Yahoo Finances Julie Hyman, Josh Schaefer, as well as Chris Versace, Tamatica research chief investment officer here with me. Let's get it down to Julie Hyman, the New York Stock Exchange for more where we closed. Julie? Yeah. So, we ended up having that rally really take hold today, even though we heard J. Pal ...
Nasdaq and S&P 500 close at highest levels since Feb, Nvidia shareholder meeting preview
Yahoo Finance· 2025-06-24 22:40
Hello and welcome to Ask for a Trend. I'm Josh Lipton. For the next half hour, we are breaking down the trends of today that'll move stocks tomorrow.There's a lot to keep track of, so we're focusing on what you need to know to get ahead of the curve. Here's some of the trends we're going to be diving into. On Wall Street, it's a rally Tuesday.Stocks rising while oil slid at the end of the session. All major indices ended the day higher. And will Nvidia remain the AI darling it's become.We may soon get more ...
"We want to deliver a good economy for the benefit of the American people."
Yahoo Finance· 2025-06-24 21:21
Federal Reserve Chair Jerome Powell says his focus is on the economy; anything else is a "distraction." ...
Housing market will have 'worst year in decades,' analyst says
Yahoo Finance· 2025-06-24 16:31
Well, KB Home cutting its revenue outlook for the year after reporting weak second quarter results. This is the housing market. It remains sluggish with existing home sales seeing their worst May since 2009.Joining me now, we've got Meredith Whitney, Meredith Whitney Advisory Group CEO. Meredith, good to have you back on Yahoo Finance with us. We we just heard remarks from Fed Chair Jerome Pal that he plans to keep rates on hold.So, what is the risk that that poses to the housing market. Well, the housing m ...
T-Mobile CEO says he's not leaving, talks 5-year- price lock, Starlink
Yahoo Finance· 2025-06-24 16:05
For today's power player, I had the chance to sit down with T-Mobile CEO and Starbucks board member Mike Severt. Here's what stood out to me. First, Siver pushed back on a recent report that he would be leaving the CEO role early.Plus, T-Mobile confirmed the launch date of its new Starlink satellite service called uh appropriately T satellite. Here's what he had to say. That report was a bit overblown.And so, they got a lot of things about it wrong, including the idea that anybody's made any decisions about ...
The secret to a great retirement: Think like an engineer
Yahoo Finance· 2025-06-24 15:56
It's a brilliant tool. It's really powerful. It can be really incredible. If you are confident in your financial literacy and you know which questions to ask it, then I think it can really empower you. But if not, that's where I would be a little more cautious. [Music] Should you use AI for your retirement plan, whether you're living in retirement or planning for it? Well, here to talk with me about that and then some is Nick Coleman. He is the director of financial planning at Betterment. Nick, welcome. He ...
Starting to invest late in life isn't a lost cause.
Yahoo Finance· 2025-06-24 15:30
Investment Strategy for Late Starters - Starting to invest late in life is not a lost cause, discipline and strategy are crucial [1] - The biggest mistake is gambling to make up for lost time, prioritize stability and cash flow [2] - Focus on capital preservation and calculated risks [4] - Get a financial plan, including budgeting and automating investments [5] Asset Allocation - Consider high-quality dividend stocks, blue-chip companies, and diversified ETFs [3] - Defensive sectors like healthcare, utilities, and consumer staples are recommended [3] - Bonds or fixed income add stability, especially approaching retirement [4] Specific Investment Examples - Examples include Johnson & Johnson and Proctor & Gamble [3] - XLP or VO ETFs should be core holdings [3] Risk Management - Avoid chasing risky stocks or speculating on the next big thing [2] - Do not go all-in on the riskiest ideas, especially near retirement [3]
Why oil prices are tumbling as Middle East tensions continue
Yahoo Finance· 2025-06-24 14:52
Oil prices (CL=F, BZ=F) are falling as investors count out war in the Middle East despite uncertainty around the US-brokered Israel–Iran ceasefire. US President Trump told reporters that both sides have violated the agreement, saying he's "really unhappy" with Israel. Lipow Oil Associates president Andy Lipow joins Morning Brief with Brad Smith to discuss the ongoing conflict in the Middle East and the impact on the oil market. To watch more expert insights and analysis on the latest market action, check ou ...
Fed Chair Jerome Powell testifies before the House Financial Services Committee
Yahoo Finance· 2025-06-24 12:48
Fed Chair Jerome Powell testifies before the House Financial Services Committee About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.co ...
Markets are "very focused on oil" amid Israel-Iran war
Yahoo Finance· 2025-06-24 11:30
Geopolitical Risk Assessment - The US public desires a swift resolution to the conflict, similar to the Trump administration's approach [1] - There's a perception, supported by some evidence, that Iran is risk-averse in its actions [1] - Iran's capacity to significantly harm Israel or the US is considered limited [1] Oil Market Impact - The market is closely monitoring oil-related developments [1] - Iran's oil export capabilities remain largely unaffected by the US or Israel [2] - As long as Iran's oil exports are not targeted, a severe disruption of the Straits of Hormuz is deemed unlikely, preventing a significant oil price surge [2]