John Towfighi - Reporter, Markets & Finance
John Towfighi
Reporter, Markets & Finance
John Towfighi is a markets reporter for CNN Business. Towfighi covers news related to U.S. stocks, bonds, commodities, and cryptocurrencies.
Latest
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Stocks rally and Dow closes above 47,000 for first time after cooler-than-expected inflation reportOct 24, 2025Better-than-expected inflation data Friday morning sparked an end-of-week rally in stocks, sending the Dow, S&P 500 and tech-heavy Nasdaq Composite soaring to fresh record highs. -
Dow gains 500 points as Wall Street embraces robust corporate earningsOct 20, 2025Wall Street kicked off a new week in high gear as optimism rose that the 20-day shutdown of the federal government could soon draw to a close. -
Markets are volatile. Here’s what to do with your moneyOct 20, 2025It’s been a whirlwind year for investors. -
Stocks sink on concerns about regional bank loansOct 16, 2025US stocks closed lower Thursday as jitters spread on Wall Street about credit market turmoil and regional banks’ exposures to bad loans. -
Confused by stocks lately? We explain the whiplashOct 16, 2025After months of steadily climbing higher, stocks are bouncing around as investors process renewed US-China trade tensions. -
Why crypto briefly but dramatically crashed when Trump renewed his trade warOct 13, 2025Cryptocurrencies plunged in value on Friday in a short but significant flash crash, leaving investors with billions of dollars in losses and highlighting the volatility associated with the industry. -
Dow gains almost 600 points after US-China trade showdown hits the pause buttonOct 13, 2025US stocks rebounded sharply on Monday after Friday’s widespread sell-off as investors tried to temper their concerns about renewed US-China trade tensions. -
Silver prices hit record high as investors rush into safe havensOct 13, 2025Gold isn’t the only precious metal on a gangbusters rally. -
Dow tumbles nearly 900 points after Trump reignites trade war between the world’s two largest economiesOct 10, 2025US stocks closed sharply lower Friday after President Donald Trump threatened to hike tariffs on imports from China, reigniting fears of a trade war that rocked global markets earlier this year. -
Jamie Dimon is worried about a stock market correctionOct 9, 2025Enthusiasm about artificial intelligence has propelled markets to record highs this year. But the fierce ascent has also raised concerns about a bubble. -
Why stocks keep hitting record highs in the middle of a government shutdownOct 3, 2025Stocks ended the day mixed on Friday as investors continue to brush off concerns about the government shutdown. -
Dow, S&P 500 hit record highs as Wall Street shrugs off government shutdown concerns for nowOct 1, 2025Stocks closed slightly higher on Wednesday as the US government officially entered a shutdown and Wall Street grappled with the uncertain implications for the economy. -
Americans have more money in stocks than ever before. Economists say that’s a bright red flagSep 28, 2025Americans have more money in stocks than ever before. But while the market’s climb may be inflating their accounts, they are more exposed than ever to a potential market slump. -
Wall Street got the rate cut it wanted. Can the optimism last?Sep 22, 2025The stock market is shrugging off worries about a weakening labor market and stubborn inflation, instead embracing a much-anticipated interest rate cut. -
The FBI director just spurred a brief Krispy Kreme rallySep 17, 2025FBI Director Kash Patel spurred a fierce but fleeting rally in Krispy Kreme shares (DNUT) on Wednesday after he said the stock was a solid investment. -
A key market data point is signaling fear about America’s economySep 14, 2025While the stock market hovers near record highs, a shift in the bond market is signaling mounting concerns about the economy’s health.
About
John Towfighi is a markets reporter for CNN Business. Towfighi covers news related to U.S. stocks, bonds, commodities, and cryptocurrencies.
Before covering markets, Towfighi was a CNN News Associate. While a senior in college, Towfighi interned for CNN’s Fareed Zakaria GPS, and CNN Business and worked as a CNN freelance reporter covering protests at Columbia University. Towfighi has appeared on Anderson Cooper 360 and Laura Coates Live. Towfighi has also worked at NewsGuard and Business Insider.
Towfighi was born in Boston, MA, and grew up in London, England. He graduated from Columbia in May 2024 with bachelor’s degrees in economics and history.
