Current:Home > ScamsBenjamin Ashford|The Daily Money: Recovering from Wall Street's manic Monday -WealthRoots Academy
Benjamin Ashford|The Daily Money: Recovering from Wall Street's manic Monday
Ethermac Exchange View
Date:2025-04-08 16:49:51
Good morning! It’s Daniel de Visé with your Daily Money.
What a difference a day makes. U.S. stocks rose at the opening bell Tuesday,Benjamin Ashford and all three major indexes were up at least 1% as of late morning.
This comes after one of the bleakest days Wall Street has seen in a while. Global markets plunged Monday, with Japan’s Nikkei 225 index posting the worst one-day return in its history. The losses spread from Asia to Europe and thence to the United States, where the Dow, S&P 500 and Nasdaq sank like stones.
Market reporters trotted out such terms as “rout,” “correction” and even “panic,” descriptors that invoke memories of the market’s darkest days, such as the brief COVID-19 crash of 2020 and the deeper, longer dive of the Great Recession of 2008.
Here's the latest on the stock market.
Google, antitrust and your next web search
In a landmark legal ruling, a federal judge said Google illegally monopolized online search and advertising by paying companies like Apple and Samsung billions of dollars a year to install Google as the default search engine on smartphones and web browsers.
By monopolizing search queries, Jessica Guynn reports, Google abused its dominance in the search market, throttling competition and harming consumers. Google owes much of its more than $300 billion in annual revenue to search ads.
The ruling could fundamentally reshape how Google does business. It also could change how we use the internet and search for information.
📰 More stories you shouldn't miss 📰
- A recap of Monday's market madness
- Stock market sinking? Here's what to do
- Who is this Warren Buffett guy?
- What triggered Monday's stock selloff?
- Mortgage rates are trending down
📰 A great read 📰
Finally, here's a popular story from earlier this year that you may have missed. Read it! Share it!
As one of the few Black women in the corporate offices where she worked, Regina Lawless took pains to blend in. She donned conservative blazers and low-wedge heels and tucked her hair in a wig instead of wearing natural hairstyles or braids.
Echoing the speech patterns of her white colleagues, she avoided African American Vernacular English, spoke in a quieter voice and buttoned down her mannerisms. Even in casual moments around the watercooler, she constantly monitored how she carried herself and chatted about the latest episode of “Game of Thrones,” not “Insecure.”
For many employees of color, this is as routine or familiar as breathing, Jessica Guynn reports. Lawless was “code-switching."
About The Daily Money
Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.
Daniel de Visé covers personal finance for USA Today.
veryGood! (5953)
Related
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- Vanessa Hudgens's Latest Pregnancy Style Shows She Is Ready for Spring
- Shakira put her music career 'on hold' for Gerard Piqué: 'A lot of sacrifice for love'
- Biden praises Schumer's good speech criticizing Netanyahu
- Meta donates $1 million to Trump’s inauguration fund
- New study finds no brain injuries among ‘Havana syndrome’ patients
- It’s March Madness and more people than ever can legally bet on basketball games
- NBA star Stephen Curry discusses how his new children's book inspires confidence: Find the courage
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- How Chrishell Stause and G Flip Keep Their Relationship Spicy
Ranking
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- Secret Service, Justice Dept locate person of interest in swatting attacks on DHS Secretary Mayorkas and other officials
- Kevin Harlan loses his mind as confetti falls prematurely during Atlantic-10 title game
- See the heaviest blueberry ever recorded. It's nearly 70 times larger than average.
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- When is the 2024 NIT? How to watch secondary men's college basketball tournament
- N.C. State's stunning ACC men's tournament title could be worth over $5.5 million to coach
- Book excerpt: One Way Back by Christine Blasey Ford
Recommendation
The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
As more states target disavowed ‘excited delirium’ diagnosis, police groups push back
Byron Janis, renowned American classical pianist who overcame debilitating arthritis, dies at 95
'Paddy's' or 'Patty's': What's the correct St. Patrick's Day abbreviation
Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
Lamar Johnson: I am a freed man, an exonerated man and a blessed man
One Way Back: Christine Blasey Ford on speaking out, death threats, and life after the Kavanaugh hearings
How a Maine 8-year-old inadvertently became a fashion trendsetter at his school