Current:Home > ScamsBurley Garcia|The Daily Money: Recovering from Wall Street's manic Monday -Wealth Axis Pro
Burley Garcia|The Daily Money: Recovering from Wall Street's manic Monday
Ethermac View
Date:2025-04-11 03:44:10
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,Burley Garcia 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! (17911)
Related
- Stamford Road collision sends motorcyclist flying; driver arrested
- Honda recalls nearly 1.2 million cars over faulty backup camera
- Disappearance of Alabama college grad tied to man who killed parents as a boy
- Why Shay Mitchell Isn't Making Marriage Plans With Partner Matte Babel
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Taylor Swift sings surprise song after fan's post honoring late brother goes viral
- New Study Shows Global Warming Increasing Frequency of the Most-Destructive Tropical Storms
- Sia Shares She's on the Autism Spectrum 2 Years After Her Controversial Movie
- Senate begins final push to expand Social Security benefits for millions of people
- Tom Brokaw's Never Give Up: A prairie family history, and a personal credo
Ranking
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- Mountaintop Mining Is Destroying More Land for Less Coal, Study Finds
- Transcript: Secretary of State Antony Blinken on Face the Nation, June 25, 2023
- Politicians want cop crackdowns on drug dealers. Experts say tough tactics cost lives
- Questlove charts 50 years of SNL musical hits (and misses)
- U.S. Power Plant Emissions Fall to Near 1990 Levels, Decoupling from GDP Growth
- New York Gov. Kathy Hochul signs law to protect doctors providing out-of-state telehealth abortion pill prescriptions
- American Climate Video: After a Deadly Flood That Was ‘Like a Hurricane,’ a Rancher Mourns the Loss of His Cattle
Recommendation
Biden administration makes final diplomatic push for stability across a turbulent Mideast
Sea squirts and 'skeeters in our science news roundup
Delaware State Sen. Sarah McBride launches bid to become first openly trans member of Congress
Endometriosis, a painful and often overlooked disease, gets attention in a new film
Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
Man charged with murder in stabbings of 3 elderly people in Boston-area home
Iowa Republicans pass bill banning most abortions after about 6 weeks
American Climate Video: A Maintenance Manager Made Sure Everyone Got Out of Apple Tree Village Alive