President Trump stunned market observers with another quick pivot on trade, announcing he would authorize a 90-day pause on his reciprocal tariff plans for all countries except China and telling reporters he did so because people were getting “yippy” and “afraid.” “They were getting a little bit yippy, a little bit afraid,” he said, apparently…
Published: March 6, 2025 at 6:00 a.m. ET Investors got what they wanted on Wednesday — temporary tariff relief from the Trump administration that finally halted a two-day selloff that sent the stock market into a tailspin earlier this week. However, so-called reciprocal tariffs on foreign imports from all major U.S. trading partners are still coming in…
A look at the day ahead in U.S. and global markets from Mike Dolan The dollar continues to feed on a mix of post-election tariff and tax cut speculation, China’s struggle with deflation and Germany’s simmering political crisis – with the euro plumbing its lowest levels in almost five months. Even with bond markets effectively…
Yield for China’s benchmark 10-year bonds have slid to their lowest in over a month after the government announced its 10 trillion yuan or $1.4 billion worth debt refinancing programme, Bloomberg reported. This mostly came as traders were disappointed with the measures and are awaiting more stimulus amid China’s wait-and-watch approach to Donald Trump‘s re-election…
Michael M. Santiago / Getty Images The New York Stock Exchange and Nasdaq will be operating normal hours on Monday, Oct. 14, for Columbus Day and Indigenous Peoples’ Day. Key Takeaways Next Monday, Oct. 14, is Columbus Day, a federal holiday. Stock and bond markets typically follow the federal holiday schedule, but the New York…