US stocks are struggling to find a floor after President Trump announced retaliatory, or what some would call punitive, tariffs on dozens of countries on April 2nd. Financial markets from all over the world are reacting negatively to Trump’s tariffs as the related disruption to the global supply chain could lead to a broad-based recession. … Continue reading Trade war could push S&P 500 down further to this level
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Dow and S&P 500 rebound on hopes of tariff deals; Broadcom shares jump, healthcare stocks post notable gains
Major equity benchmarks rebounded from the blood bath of the previous sessions as traders hoped the US would reach trade deals and lower duties. At the time of writing, the Dow Jones Industrial Average was higher by 836 points after falling over 1,000 points at one point on Monday. The S&P 500 index also gained… Continue reading Dow and S&P 500 rebound on hopes of tariff deals; Broadcom shares jump, healthcare stocks post notable gains
US confirms 104% tariffs on Chinese imports effective April 9: ‘Additional tariff will be collected starting tomorrow’
The US–China trade tensions took a major turn on Monday as the White House confirmed a sweeping 104% tariff on selected Chinese imports, escalating an already volatile standoff between the world’s two largest economies. According to Fox Business reporter Edward Lawrence, White House Press Secretary Karine Jean-Pierre announced that the Watch on Twitter View replies… Continue reading US confirms 104% tariffs on Chinese imports effective April 9: ‘Additional tariff will be collected starting tomorrow’
Trump’s beef backfires? Aussie exporters may actually win from trade war
US President Donald Trump raised eyebrows last week when he singled out Australian beef while announcing tariffs on a broad range of imports. “They won’t take any of our beef,” Trump said, referring to Australia’s long-standing restrictions on US beef imports due to concerns over mad cow disease. These restrictions have effectively halted almost all… Continue reading Trump’s beef backfires? Aussie exporters may actually win from trade war
Asian stocks jump after US Fed’s decision: Kospi up 0.5%
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SoftBank to acquire Ampere Computing in $6.5B deal
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US stocks climb as Fed keeps rates steady, Dow Jones, S&P 500, Nasdaq Composite all gain
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VolShares to launch first-ever Solana futures ETFs in US tomorrow
Volatility Shares is set to launch the first-ever Solana (SOL) futures exchange-traded funds (ETFs) in the United States. The Volatility Shares Solana ETF and Volatility Shares Solana 2x ETF will debut tomorrow, March 20, 2025, with ticker symbols SOLZ and SOLT. SOLZ and SOLT will offer investors regulated exposure to futures tracking Solana, a cryptocurrency… Continue reading VolShares to launch first-ever Solana futures ETFs in US tomorrow
Jim Cramer and Treasury Secretary Scott Bessent hold contrasting views on market correction
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