Asian equity-index futures struggled for direction Thursday after the dollar weakened and US stocks rose in volatile trading after President Donald Trump played down the prospect he may soon fire Jerome Powell. Trump said he is “not planning on doing anything” to remove Powell, after a White House official said the president was likely to…
US equities traded higher on midday Thursday as investors parsed through a slew of tariff headlines and looked ahead to corporate results that are due to start next week. The S&P 500 Index added 0.2% by noon in New York, with nine of the eleven sectors rising, led by health care and consumer discretionary. Gains…
Brazil spent months flying under the radar as Donald Trump upended global trade. Now that it’s in the spotlight, President Luiz Inacio Lula da Silva may stand to benefit from the attention. Hours after the US president threatened to hit Brazil with 50% tariffs, the leader known universally as Lula announced that, rather than rush…
China hit back at European Commission President Ursula von der Leyen after she accused the nation of distorting trade and limiting access for Europe’s firms — a back-and-forth clouding the outlook for an upcoming summit. “We hope the EU can realize that what needs to be rebalanced is the EU’s mindset, not China-EU economic ties,”…
Asian shares swung between small gains and losses as President Donald Trump left the door open for additional trade negotiations after imposing new tariff rates on several countries. The MSCI regional stock benchmark traded in a tight range amid gains in South Korea and Japan, countries that attracted a new level of levies. Toyota Motor…
President Donald Trump’s administration is reaching out to business executives to weigh interest in accompanying him on a possible trip to China this year, according to people familiar with the matter, highlighting the potential for strengthening ties between the economies even as the US signals its desire to decouple from Beijing. The Commerce Department is…
Good morning. Stock futures waver as Donald Trump hints at diplomacy with Iran. SoftBank’s founder eyes a $1 trillion AI hub in Arizona—and wants TSMC to chip in. And Lima now boasts the world’s top restaurant. Listen to the day’s top stories. Investors settled into wait-and-see mode on signs Donald Trump may give diplomacy a…
Donald Trump sent the US stock market plummeting again, this time with social media snark and derisive playground nicknames aimed at the Chair of the US Federal Reserve. The president, under increasing pressure for singlehandedly destabilizing global markets with his trade war, has turned his attention to interest rates in a bid to avoid what…
Good morning. European futures gain on optimism over a US pause to consumer tech tariffs. Euro-area inflation expectations dip slightly. And central London has lost 11,000 workers. Listen to the day’s top stories. European stock futures rose after Donald Trump paused additional import duties on consumer electronics, though he later said the US will place…
US stocks soared Tuesday after the biggest three-day rout in five years, fueled by the most oversold conditions since the depths of the pandemic and optimism the Trump administration will water down its harsh tariff regime. The S&P 500 Index jumped 3.34% as of 9:31 a.m. in New York, heading for its best day since…