News

NEW YORK (Reuters) -There is a healthy pipeline of U.S. initial public offerings, but investors are looking for more certainty in markets, Adena Friedman, chief executive officer at exchange operator Nasdaq, said on Monday at the FIA Boca conference in Florida. Friedman said markets are currently in a period of uncertainty as they try to navigate the changes coming out of the Trump administration. The U.S. IPO market started picking up in 2024 after recession fears and high interest rates drove it into a two-year slump.

U.S. stocks continued to slump on Monday, extending last week’s sell-off as economic and political uncertainty continued to dampen the mood on Wall Street.

When asked if he's expecting a recession this year, Trump said "I hate to predict things like that."

US stocks plunged, bitcoin stumbled and Wall Street’s fear gauge hit its highest level this year as concerns about President Donald Trump’s economic policy led to a widespread market selloff on Monday.

The airline cut its sales and profit guidance for the first quarter, citing economic "uncertainty" that has hit demand for U.S. travel.

The S&P 500 dropped 2.7% on Monday, March 10, as U.S. tariffs and government job cuts heightened economic uncertainty and provoked recession concerns.

In keeping with tradition, the Amelia Concours classic car show picked, what else, a sports car with racing heritage as its best in show.