IBD 50 name Rocket Lab RKLB soared 7.5% and reached a new high on the stock market today. Citigroup raised its target price to 50 from 33 and held its buy rating on the rocket and spacecraft stock. Rocket Lab has gained around 63% year to date and has a 99 Relative Strength Rating.

Gift Nifty was trading around 25,179 level, a discount of nearly 12.5 points from the Nifty futures’ previous close, indicating a negative start for the Indian stock market indices.

Individual investors were the ones who piled into stocks when they plunged in early April, while big Wall Street institutions missed out on the gains.

Markets are dropping off from record highs with Trump's tariffs in focus as key inflation data and earnings season loom.

Markets had dismissed tariff risks under the assumption that Trump would follow an earlier pattern and back off, in what became known as the so-called TACO trade. That allowed stocks to reach new record-high territory recently, marking a stunning rebound from the collapse triggered by his “Liberation Day” reciprocal tariffs in April.

MEXICO CITY--Mexico's industrial production picked up steam in May, rising for a second straight month with gains in construction and manufacturing.

The Mexico Fund's distribution profile has improved, with a recent 14% hike and a yield approaching 6%. Click here to find out why MXF is a Hold.