US Futures Waver as Disappointing Tech Earnings Spark Caution, European Markets Rally on Rate Cut Optimism US equity futures dipped amid significant premarket losses in major companies. Qualcomm fell over 5% amid worries that smartphone demand will cool, Ford dropped 6% on concerns over the impact of US tariffs on carmakers, and Skyworks Solutions plunged […]
US Futures Slide as Trade War Tensions and Tech Earnings Weigh on Markets US equity futures fell as investors navigated escalating trade tensions and disappointing tech earnings. Nasdaq 100 futures dropped 0.7% after Alphabet and AMD plunged in premarket trading due to weaker-than-expected results, while S&P 500 futures declined 0.4%. Market uncertainty remains high, with […]
Gold Hits Record High Amid US-China Trade War Turmoil! Gold Surges to All-Time High Gold soared past $2,858 per ounce as investors rushed to safe-haven assets amid escalating trade tensions. US-China Trade War Fuels Uncertainty The US imposed a 10% tariff on Chinese imports, prompting a measured but concerning retaliation from Beijing. Weaker US Dollar […]
Stocks and Oil Slide as China Hits Back Against US Tariffs Stock Futures and Oil Decline S&P 500 futures fell 0.4%, while Nasdaq 100 futures declined 0.3%. West Texas Intermediate (WTI) oil dropped 1.6%, reacting to the renewed trade tensions. China Strikes Back with Tariffs & Investigations China announced new tariffs on US goods as […]
Trump’s Tariff Shock: Markets React with Dollar Surge and Stock Selloff The US dollar strengthened as global stocks and cryptocurrencies declined after President Donald Trump implemented tariffs on imports from Canada, Mexico, and China. US and European stock futures dropped sharply, with Asia-Pacific equities experiencing their biggest decline in six months. Concerns over rising inflation […]
Trade War 2.0? How Trump’s Tariffs Could Shake the Economy Trump’s Feb. 1 Tariff Plan Approaches: 25% tariffs on Canada & Mexico set to take effect Trump says decision on oil tariffs will be made “tonight” China also at risk—10% duties could be announced soon Business & Global Leaders in ‘Wait-and-See’ Mode: Fed Chair Jerome […]
Markets Slip After Fed Decision Fed Keeps Rates Unchanged: The Federal Reserve held interest rates steady at 4.25% – 4.5%, stating that “inflation remains somewhat elevated.” Tech Stocks Under Pressure: Nvidia (-4%): Hit by reports of potential new U.S. chip export restrictions. Tesla (+3%): Initially dropped 6% on earnings miss but rebounded. Microsoft (-5.5%): Cloud […]
Inflation, Tariffs, and Trump: The Fed’s Tough Balancing Act No Surprises in Fed’s Decision The Federal Reserve is widely expected to hold interest rates steady after three consecutive cuts at the end of 2024. Markets are more focused on Fed Chair Jerome Powell’s press conference and how he addresses growing political pressure. Trump’s Influence on […]
Dollar Strengthens as Trump Pushes for Sweeping Tariffs; AI Sector Valuation Concerns Persist The US dollar surged against major currencies after President Donald Trump proposed “much bigger” universal tariffs to bolster domestic manufacturing, including levies on semiconductors, pharmaceuticals, and metals. Asian stocks mostly fell, with Japan’s tech sector hit hardest, as concerns over inflated valuations […]
Asian Stocks Rise on Chinese AI Optimism Amid Broader Market Caution Asian markets advanced, buoyed by enthusiasm for Chinese artificial intelligence developments, following a last-minute deal that reversed President Donald Trump’s planned tariffs on Colombia. Despite slowing factory and service sector activity in China ahead of the Lunar New Year, expectations for stronger fiscal stimulus […]