Armenia’s Economy

Steven Mnuchin’s Departure: Impact on Trump and Wall Street

Photo by Aditya Vyas on Unsplash Introduction The political and economic landscapes under President Donald Trump have been anything but predictable. Among the ensemble of figures steering the ship during his first term was Steven Mnuchin, the Treasury Secretary who…

U.S. Trade Tensions Escalate with Global Tariffs

Photo by Ben White on Unsplash Introduction The Trump administration has once again stirred the pot on the international stage, this time over its imposition of a 25% tariff on global steel and aluminum imports. This decision, announced on Wednesday,…

S&P 500 Rebounds: Market Dynamics Amid Economic Turmoil

Photo by Ben Michel on Unsplash Introduction The S&P 500 staged a significant rebound following a dramatic $5 trillion plunge, offering some relief to investors as fears of a prolonged market downturn surfaced. Despite unsettling global economic indicators and geopolitical…

U.S. Market Faces $5 Trillion Loss Amid Trade War and AI Unwind

Photo by Annie Spratt on Unsplash Introduction The United States stock market has experienced a dramatic decline, shedding approximately $5.28 trillion in market value within just three weeks. The S&P 500, a key stock market index, plummeted from a record…

Tech Rally Boosts Stocks Amid Economic Concerns

Photo by Ales Nesetril on Unsplash Introduction March 14, 2025, witnessed the stock markets experiencing a remarkable rebound, spearheaded by notable tech companies Nvidia and Palantir, leading to the best trading day of the year. Despite the surge, major indexes…

S&P 500 Rallies Despite Economic Uncertainty: Market Analysis

Photo by Ben Michel on Unsplash Introduction The stock market exhibited a surprising rally as the S&P 500 soared by 1.9% on Friday, its best performance since the November 2024 post-election rally. However, this positive surge comes amidst growing economic…

US Stocks Rise as Government Shutdown Loom Avoided

Photo by Aditya Wardhana on Unsplash Introduction In the face of potential economic instability, U.S. stocks saw a positive turn on Friday after signs emerged that the federal government might successfully avert a shutdown. This news has brought a sigh…

Volatile Market Ends Week With Strong Rebound: S&P 500 Key

Photo by Annie Spratt on Unsplash Introduction The US stock market saw a sharp rebound on Friday, closing a volatile week with significant gains across major indices. The S&P 500 surged over 2.1%, the Nasdaq Composite jumped more than 2.6%,…

Wall Street’s Best Rally Amid S&P 500 Correction

Photo by Aditya Vyas on Unsplash Introduction On Friday, Wall Street experienced its strongest rally in months, with stocks making significant gains. Despite the positive day, it wasn’t enough to reverse a fourth consecutive losing week for the U.S. market,…

Dow Soars 650 Points Amid Trade War Uncertainty

Photo by The New York Public Library on Unsplash Introduction The Dow Jones Industrial Average experienced a remarkable recovery on Friday, surging 674.62 points, or 1.65%, to close at 41,488.19. This relief bounce came despite a week marked by volatility…