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Treasury Secretary Scott Bessent and the bond market both emerged as key figures working in the background to push Trump toward a 90-day pause. Lutnick also reportedly began looking for the president ...
From Yahoo Finance
In a stunning reversal, U.S. President Donald Trump said he would temporarily lower the hefty duties he had just imposed on dozens of countries while further ramping up pressure on China, sending glo...
From Reuters
U.S. stocks are flying higher after President Donald Trump announced a drop in some of his tariffs, except for China.
From Las Vegas Sun
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The US stock market had a choppy first hour on Thursday with Dow Jones falling as much as 2,150 points, the S&P 500 and the Nasdaq down between 6.5% to 7%.
Benchmark equity indices Sensex and Nifty traded lower on Wednesday, impacted by rising trade tensions, despite the Reserve Bank of India cutting interest rates and shifting its stance from neutral to accommodative.
S&P 500 rebound collapses in biggest U-turn since at least 1978. Investors can’t shake tariff jitters. Here’s the unsettling reason the world’s most important market is getting hammered by Trump’s tariffs.
Investors have panned President Trump's tariffs, saying they are likely to hit U.S. economic growth and drive up inflation. Goldman Sachs economists cited the barrage of levies on Monday in raising the odds of a recession to 45%.
Wall Street is coming off its worst week since the advent of the pandemic, shedding over $5 trillion in value amid Trump's tariff plans.
Wall Street indexes S&P 500, Nasdaq, Dow were down as the fear of global trade rose after China had announced a slew of tariffs.