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(Bloomberg) -- The chief strategist at UBS Investment Bank said the “visibly tiring” US consumer is set to further pressure stock prices, setting the stage for another 8% slump in the S&P 500. Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysTrump Slashed International Aid. Geneva Is Feeling the Impact.Paris Votes to Make 500 More Stree

News of the day for March 25, 2025

Wall Street expected to have something of a friend in Donald Trump, yet the President's indifference to market volatility is analysts' true cause for concern, said Mike Wilson.

Shares of Smithfield Foods rose in premarket trading Tuesday after the pork giant reported its first quarterly results since its initial public offering.

Food flavoring company McCormick (NYSE:MKC) fell short of the market’s revenue expectations in Q1 CY2025, with sales flat year on year at $1.61 billion. Its non-GAAP profit of $0.60 per share was 6.8% below analysts’ consensus estimates.

(Reuters) -Wall Street stocks ended higher on Tuesday, with Apple rising and Nvidia dipping as investors assessed consumer sentiment data and bet on a more flexible trade policy stance from the Trump administration next week. U.S. President Donald Trump said on Monday that automobile tariffs were coming soon, while suggesting that not all proposed tariffs would be enforced in an April 2 announcement on which Wall Street is focused. "I don't expect that we'll get the clarity that the market is hoping for, but investors are desperate for any sort of clarity on this front, and to the extent they'll get some of it, it's a huge day," said Ross Mayfield, an investment strategist at Baird.

As Starlink nears regulatory approval in India for satellite broadband services, analysts say a victory there could pave a road into more emerging markets and boost the company's ambitions to add a million subscribers every year. SpaceX also argues that U.S. regulations put it at a disadvantage against foreign rivals. But a foothold in India would be a potential $25 billion boon for Starlink, helping it reshape that country's satellite broadband industry and making an attractive case to other developing markets, experts say.

Money market account interest rates today are still well above historical norms. Find out where to get the best money market account rates now.

The next phase of the tech trade follows reset expectations with more modest valuations.

(Bloomberg) -- Once-booming uranium stocks have been veering toward bust mode to start 2025.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysTrump Slashed International Aid. Geneva Is Feeling the Impact.Paris Votes to Make 500 More Streets Car-FreeEscalating trade tensions between the US and Canada, one of the world’s key producers of t