Dallas-Fort Worth’s Fortune 500 companies lost $49 billion in market value Thursday by the close of trading. Investors retreated after President Donald
Newsmax's shares closed with a more-than-eight-fold gain at $83.51 on Monday, partly buoyed by retail interest.
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On Wall Street, the S&P 500 rose 0.6% in another roller-coaster day, after being down as much as 1.7% during the morning. The reversal helped the index shave its loss for the first three months of the year to 4.6%, making it the worst quarter in two-and-a-half years.
U.S. stocks swerved through another shaky day of trading, with uncertainty still high about just what President Donald Trump will announce about tariffs on his “Liberation Day.”
Newsmax's share price soared when it started trading Monday on the New York Stock Exchange under the ticker "NMAX."
The BBC’s Business Correspondent Erin Delmore explains the New York Stock Exchange's reaction to ‘Liberation Day’ tariffs.
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Babcock & Wilcox's stock closed Tuesday at an all-time low 46 cents per share. On quarterly earnings call, executives discuss looming debt deadlines.
The move could bolster Intercontinental Exchange-owned NYSE, which on Monday became the first exchange to operate in Texas.