Mindblown: a blog about philosophy.

The Dow Jones Industrial Average entered correction territory Friday after five straight weeks of losses, as investors worry the Iran war could lead to a long-term disruption of Persian Gulf energy supplies and fuel a new wave of global inflation. The Dow Jones tumbled 793 points, or 1.7%, to 45,167 on Friday. The index has…

By Julia Fanzeres and Augusta Saraiva | Bloomberg Wall Street is cutting its forecasts for the U.S. economy this year, boosting its projections for inflation and unemployment and nudging up the odds of a recession as the impact of the Iran war starts to come into view. Goldman Sachs Group says the risk of a…

A number of stocks jumped in the afternoon session after the energy sector rallied as escalating geopolitical tensions in the Middle East stoked fears of a wider conflict and potential supply disruptions. Oil prices continued their ascent even as President Trump extended a deadline for Iran to reopen the Strait of Hormuz by ten days,…

Subscribe To Notifications Scan QR code to install app Important DisclaimersFXEmpire is owned and operated by Empire Media Network LTD., Company Registration Number 514641786, registered at 7 Jabotinsky Road, Ramat Gan 5252007, Israel. The content provided on this website includes general news and publications, our personal analysis and opinions, and materials provided by third parties.…

– Spencer Platt/Getty Images U.S. stocks fell sharply again after Thursday’s selloff, putting the Dow Jones Industrial Average in correction territory, or more than 10% off its February high. The S&P 500 meanwhile is on track for its worst monthly performance since 2022. The latest declines come as the Trump administration suggests it is gearing…

US recession 2026 prediction explained: Worries about a possible US recession are growing, as new data and forecasts suggest the economy may be under more pressure than it appears. While Federal Reserve Chair Jerome Powell recently pushed back on concerns about stagflation, economists say risks are rising due to global tensions and signs of weakness…

Stocks closed the week with sharp losses Friday as Wall Street sought refuge from the financial blowback of the war in Iran. The Dow Jones Industrial Average closed with a loss of nearly 800 points Friday, falling 1.7 percent on the day. The index closed at 45,166.64 points, down more than 10 percent from its…

From 7h ago Wall Street hits six-month low as Trump ‘appears to lose his grip on markets’ Traders on the floor of the New York Stock Exchange today. Photograph: Spencer Platt/Getty Images The US stock market has dropped to its lowest level since last September, as analysts warn that president Trump may be losing his…

Bonds sold off on Friday in a sign that investors expect the Federal Reserve to be more hawkish on interest rates amid concerns that surging oil prices could drive up inflation. The 10-year Treasury (^TNX) yield, which moves inversely to bond prices, jumped as high as 4.46%, its highest level since July, as President Trump’s…

Stocks got off to a strong start to the week after after President Donald Trump revealed the two countries had “productive” conversations about potentially ending the hostilities. Despite the surge that ensured, few think the bottom is in for stocks — as selling resumed later in the week — with some warning of a new…