Trading Day: Trump pummels Powell

Trading Day: Trump pummels Powell

By Jamie McGeever ORLANDO, Florida (Reuters) – TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist America’s ’emerging market tendencies’ If there’s an upside for U.S. markets to President Donald Trump’s verbal tirade against Federal Reserve Chair Jerome Powell, it’s not immediately obvious – Wall Street, the dollar and…

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Global markets today: Asian stocks mixed as Nikkei gains, Hang Seng futures down; US stocks slump on growth worries

Asian markets traded mostly higher on Thursday, while US stock market ended sharply lower overnight amid concerns over economic growth. While Japanese and South Korean markets traded higher, Hong Kong markets are likely to open on a weak note. Investor sentiment dampened after US Federal Reserve Chair Jerome Powell cautioned that US President Donald Trump’s…

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US-China trade war goes full throttle

US-China trade war goes full throttle

By Mike Dolan LONDON (Reuters) – What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets The escalating U.S.-China trade war has expanded and moved beyond tariffs, now hitting everything from chips to planes and pharma. The tensions upended the week’s fragile market stability while hitting the dollar…

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Back to white-knuckle ride in the markets

Back to white-knuckle ride in the markets

A look at the day ahead in European and global markets from Ankur Banerjee Fears of a sharp downturn in the global economy have sent markets convulsing once more, with action focused on currencies and bonds as the escalating U.S.-China trade war has investors throwing out the usual playbook and fleeing dollar-based assets. Stock futures…

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One chart shows how much optimism has been wiped out of the 'Magnificent 7' because of Trump tariffs

One chart shows how much optimism has been wiped out of the ‘Magnificent 7’ because of Trump tariffs

The premiums afforded once untouchable “Magnificent Seven” stocks continue to evaporate as Trump tariff concerns pound global markets. Price-to-earnings ratios — which measure how much an investor is willing to pay for the company’s future earnings — for the Magnificent Seven have plunged across the board, according to new data from Creative Planning chief markets…

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‘Black Monday’ of 1987 ahead? Expert warns of ‘bloodbath’ in global markets on April 7 amid Trump tariff turmoil

A graduate of the renowned Harvard University with a doctorate in Law, Jim Cramer, the founder of TheStreet and CNBC host of the show “Mad Money”, warned global market investors about a potential bloodbath likely to happen after the stock markets reopen on Monday, April 7, reported multiple media outlets. Also Read | Can Indian…

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