US consumer sentiment also deteriorated sharply in April and 12-month inflation expectations surged to the highest level since 1981 amid unease over escalating trade tensions
Billionaires earned $304 billion in a day after Trump paused tariffs; Musk up $36 billion. Critics allege market manipulation over his bullish post before the surprise move
Battered global markets and anxious global leaders welcomed Wednesday's reprieve when Trump suddenly decided to freeze most of his hefty new duties for 90 days
US stocks dove Thursday and surrendered a chunk of their historic gains from the day before as President Donald Trump's trade war continues to threaten the economy. The S&P 500 tumbled 3.5%, slicing into Wednesday's surge of 9.5% following Trump's decision to pause many of his tariffs worldwide. The Dow Jones Industrial Average dropped 1,014 points, or 2.5%, and the Nasdaq composite tumbled 4.3%. Trump blinks, UBS strategist Bhanu Baweja wrote in a report about the president's decision on tariffs, but the damage isn't all undone. Trump has focused more on China, raising tariffs on its products to well above 100%. Even if that were to get negotiated down to something like 50%, and even if only 10% tariffs remained on other countries, Baweja said the hit to the US economy could still be large enough to hurt expected growth for upcoming US corporate profits. The losses for US stocks accelerated Thursday after the White House clarified that the United States will tax Chinese imports
NEW YORK (Reuters) -Stock indexes posted their biggest one-day gains in years, with the S&P 500 recording its largest rise since 2008, while the dollar gained and Treasuries pared losses on Wednesday after U.S. President Donald Trump declared a temporary U.S. pause on tariffs.
Global markets crashed as Trump's tariffs sparked 'Black Monday' fears, flooding social media with 'Orange Monday' memes. Markets say Orange is the New Black Monday
Investors had thought the loss of trillions of dollars in wealth and the likely body blow to the economy would make Trump reconsider his plans
Donald Trump's post follows a major decline in US stock markets the previous day, which heightened concerns about a possible global economic slowdown
Adhere to asset allocation and do not allow recent volatility in US market faze you
Last week the Nasdaq confirmed it was in a correction, driven lower by tariff and growth uncertainties as well as high valuations for megacap tech stocks
US stocks on Tuesday extended a selloff that has dragged the benchmark S&P 500 down 5.3 per cent so far in 2025, with investors rattled over increased tariffs on imports
Wall Street's sell-off is spiralling Tuesday following President Donald Trump's latest escalation in his trade war, briefly pulling the US stock market 10% below its record set just a few weeks ago. The S&P 500 was down 1.4% in afternoon trading after Trump said he would raise tariffs on steel and aluminum coming from Canada, doubling their planned increase to 50%. The president said it was a response to moves a Canadian province made after Trump began threatening tariffs on one of the United States' most important trading partners. The Dow Jones Industrial Average was down 678 points, or 1.6%, as of 1:40 pm Eastern time, and the Nasdaq composite was 1% lower. The S&P 500 was sitting at the edge of what Wall Street calls a correction," where it falls 10%, and was sitting within 0.1 percentage points of the mark. Such head-spinning moves are becoming routine following a scary ride for investors where the S&P 500 has swung by at least 1%, up or down, seven times in the last .
'Magnificent seven' tech giants lose $750 billion as Nasdaq sees worst drop since 2022 - Apple, Tesla, Nvidia hit hardest amid US President Donald Trump's tariff fears
Global trends, macroeconomic announcements and US tariff developments are expected to drive stock markets in a holiday-shortened week, analysts said. Market participants will also closely track foreign investor activity, geopolitical tensions, and their impact on the US dollar and crude oil prices, they added. "The upcoming trading week will be a holiday-shortened one, with market participants closely monitoring global developments in the absence of major domestic events. Key factors to watch include fresh updates on tariff negotiations, geopolitical tensions, and their impact on the movement of the US dollar and crude oil prices. "Foreign Institutional Investors (FIIs) have slowed their selling in cash markets, but any shift in their stance will remain a crucial indicator for market direction," Ajit Mishra, SVP of Research at Religare Broking Ltd, said. On the macroeconomic front, the release of the Index of Industrial Production (IIP) and Consumer Price Index (CPI) inflation data
The suggestion came out of the blue and underlined the risk of more policy uncertainty and market volatility ahead. Gold hit another record high, driven mostly by a weaker dollar
The Chinese startup claims that its system had been targeted with large-scale malicious attacks. The startup's status page also shows problems with its API earlier in the day and on Sunday
The S&P 500 fell as much as 2.3 per cent early Monday and the Nasdaq 100 tumbled as much as 3.6 per cent before paring the drop
That turbulence has been on display recently, with Nvidia shares slumping after a presentation by Chief Executive Officer Jensen Huang fell short of investors' high expectations
Five of the 11 S&P 500 sectors declined, led by a 1.8 per cent drop in Technology stocks. Megacaps were down, with Tesla sliding 2 per cent, Apple dropping 2.7 per cent
In a week packed with economic data and speeches from US Federal Reserve officials, investors will look for clues on the pace of monetary policy easing this year