President Trump lashed out at Apple CEO Tim Cook as he wielded more tariff threats against the European Union pressuring U.S. stocks which are on pace for weekly losses. The 10-year Treasury yield hovered near 4.

The 50-day moving average is a short- to mid-term trend indicator. When a stock is above its rising 50-day MA, it has about a 67% chance of closing higher the next day. That trend flips bearish when the 50-day is sloping downward. This “technical rule” can be used effectively on stocks, ETFs and market indices.

U.S. stocks saw a broad selloff Wednesday afternoon after the yield on the 10-year Treasury crossed above 4.5% rattling investors. The benchmark is a barometer for everything from mortgages to personal loans and now signaling higher borrowing costs.

The market meltdown hypothesis, popular in the 1990s, held that equity sales by retiring baby boomers would swamp demand from their juniors, crashing the market. It seemed wrong for a while, partly because of globalisation.

U.S. family offices, the private investment arms of wealthy families, had 86% of their portfolios in North America in the first quarter, up from 74% in 2020.

Apple falls after President Donald Trump says the tech giant will have to pay a tariff of at least 25% for iPhones made outside the United States, while Tesla stock is on pace to end a four-week winning streak.

Efforts to ban congressional stock trading have gained traction in recent weeks, with President Donald Trump saying he “absolutely” would sign a bill banning such trades and with both House Speaker Mike Johnson, R-Louisiana, and Minority Leader Hakeem Jeffries, D-New York, throwing their support behind such restrictions.