Dip-buying absent in early NY trading, Wall Street deep in red as trade war fears escalate despite strong jobs report. Investors on edge for hints from Fed Chair Powell.
We knew the markets probably weren’t going to respond well to the tariffs, but the breadth and depth of them provoked a virtual instant selloff in aftermarket trading yesterday.
Duke Energy stated that Sideris will focus on guiding the company’s future by overseeing its $83 billion five-year capital plan and driving critical infrastructure investments to support economic growth and meet customer energy demands.
The energy sector has been running the table year-to-date. Interestingly, the price of crude oil hasn’t participated much in this rally with the energy sector.
According to a Bloomberg report, copper tariffs may be implemented sooner than Trump’s 270-day deadline, in contrast to the President’s first term, when steel and aluminum tariffs followed a 10-month review process.
Retirement planning often asks for bold moves, especially when transitioning from wealth accumulation to income generation, and for many investors, this shift is pivotal.
Wall Street’s recovery from its recent technical correction paused for a breather on Tuesday, as investors awaited more clarity on tariff developments and digested a downbeat consumer confidence report.
The company’s planned $40 billion to $42 billion investment aims to modernize aging systems and ensure "safe, clean, reliable, and affordable" water services.
Energy’s outperformance is usually a late-cycle indicator. In other words, it’s a sector that usually does best when stocks are declining into a low, versus coming out of a low.
