A vivid illustration of just how deeply sold the big ETFs are, by way of the standard trio of exponential moving averages, which are already in the process of crossing under.
Benzinga readers show support for the one-month pause on tariffs for the auto sector. The poll also shows whether consumers are likely to rush to buy a vehicle before tariffs come back.
Thirty-three percent of the 12,000 respondents surveyed so far believe the fears are overblown, but 31% opined that the U.S. is heading for a recession accompanied by too many warning signs.
Bill Adams, chief economist for Comerica Bank, said that inflation is moving in the "right direction," making it more likely that the Fed will cut rates.
Core inflation, which excludes food and energy prices, rose 0.2% in February and increased 3.1% over the last 12 months. According to a Bloomberg report, the core CPI increase is the smallest since April 2021.
Morgan Stanley’s Keith Weiss said the proposed Moveworks buy expands ServiceNow’s agentic offerings and assists with expansion into areas such as customer relationship management and enterprise/agentic search.
New tariffs from Trump roil the market (again)… the case for a bullish bounce… a key bearish line-in-the-sand… our experts are buying… a critical perspective
The stock has now erased all gains from Trump's election victory in November, when investors bet Musk's ties to the president would benefit the EV maker.
