Stock market day: S&P 500 closes higher as tech glows ahead of Trump tariffs
The S&P 500 climbed Tuesday after cutting come losses as tech jumped despite cautious sentiment on risk assets ahead of President Donald Trump’s April 2 tariff announcements. At 4:00 p.m. ET, the Dow Jones Industrial Average fell 11 points, or 0.03%, the S&P 500 index traded up 0.4%, and the NASDAQ Composite rose…
BOJ top economist Nakamura appointed as executive director overseeing policy
The Bank of Japan’s top economist, Koji Nakamura, was named new executive director overseeing monetary policy and financial markets on Tuesday, the central bank said in a statement. Nakamura succeeds Takeshi Kato, whose four-year term as one of the BOJ’s six executive directors expired on Monday. Aside from a one-year stint heading the…
Trump weighs broader, higher tariffs as ‘liberation day’ approaches- WSJ
U.S. President Donald Trump’s administration is considering higher trade tariffs on a broader set of countries when he unveils his plans for reciprocal tariffs on April 2, the Wall Street Journal reported on Sunday. Trump had initially downplayed his plans for reciprocal tariffs being imposed on April 2, a date he has constantly…
US stock futures drift lower as Trump tariff fears weigh; PCE data awaited
U.S. stock index futures fell slightly on Thursday evening as risk appetite remained fragile in the face of President Donald Trump’s trade tariffs, with focus turning to key upcoming inflation data. Futures weakened after a negative session on Wall Street, as Trump imposed 25% tariffs on automobile imports and threatened even more duties…
Trump announces 25% tariffs on foreign-made vehicles
U.S. President Donald Trump said he will impose a 25% tariff on all foreign-made cars and light trucks on April 2, as he gears up to widen his tariff agenda on key industries and trading partners. Shares of major U.S.-listed automakers slumped after Trump’s comments, while Wall Street also retreated. “What we’re going…
Asia stocks rise on China stimulus cheer; tariff, recession jitters persist
Asian stocks rose on Monday tracking optimism over the Chinese economy after Beijing outlined targeted measures to boost spending, although persistent concerns over a U.S.-led trade war kept gains limited. Regional markets also took a positive lead-in from a Friday rebound on Wall Street, although the rebound appeared to have petered out with…
US stock futures rise after S&P 500 slips into correction amid Trump tariffs
U.S. stock index futures rose Thursday evening after Wall Street saw the bellwether S&P 500 slipping into correction territory, as concerns over escalating trade war and recession fears outweighed optimism from softer-than-expected inflation data. S&P 500 Futures rose 0.5% to 5,553.0 points, while Nasdaq 100 Futures gained 0.6% to 19,359.50 points by 19.49…
US stock futures fall after Wall St plunge; recession, govt shutdown fears weigh
U.S. stock index futures fell Monday evening after steep declines on Wall Street, as investors weighed recession risks stemming from President Donald Trump’s tariff policies. S&P 500 Futures fell 0.5% to 5,595.0 points, while Nasdaq 100 Futures dropped 0.8% to 19,306.0 points by 20:02 ET (00:02 GMT). Dow Jones Futures were largely unchanged…
US stock futures steady as Trump tariff decisions approach
U.S. stock index futures were largely unchanged on Sunday evening following sharp monthly declines on Wall Street, as investor sentiment remained cautious amid soon-to-be-imposed tariffs. Market participants also analyzed last week’s data revealing a moderate increase in inflation alongside weakening consumer sentiment, creating a nuanced and uncertain outlook for the Federal Reserve’s future…
South Korea exports likely rose in February as extra working days mask trade war hit: Reuters poll
South Korea’s exports are estimated to have risen in February, a Reuters poll showed, but the return to growth was largely due to more working days in the month and economists said the country’s trade momentum was weakening amid a global tariff war. Outbound shipments from Asia’s fourth-largest economy are projected to have…
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