WASHINGTON (TNND) — U.S. Stocks closed at an all-time high on Friday. This soar came after a period where stocks continuously dropped amid fluctuating tariffs and trade war. The market’s turnaround occurred in about half the time that it normally takes, said Sam Stovall, chief investment strategist at CFRA. “Investors will breathe a sigh of…
Markets are muted in their reaction to the weekend strikes on Iranian nuclear facilities by US bombers, but a top bank is eyeing one scenario that would produce a massive spike in oil prices. Analysts with JPMorgan’s global commodities research team said markets are pricing in a 21% chance that the conflict between Israel and…
Seoul [South Korea], June 21 (ANI): South Korea’s leading industrial players are ramping up their efforts in the electric vehicle (EV) battery recycling sector, reflecting growing expectations that the currently sluggish market will develop into a vital part of the battery value chain, the Korea Herald reported on June 20. Advertisement The LG Energy Solution,…
The US-China trade war and its pressure on the weakening yuan may impair Hong Kong’s private housing demand and market sentiment, even as the city expects a stable supply in the coming decade, a local think tank has warned. Our Hong Kong Foundation, the city’s largest think tank, on Thursday revealed its 10-year forecast for…
After weeks of pain, the stock market is eyeing some relief from tariffs and fears about Donald Trump’s encroachment on the Federal Reserve. US stocks soared Wednesday after comments from Trump helped ease two major headwinds for the stock market: steep tariffs on China and the early termination of Federal Reserve Chairman Jerome Powell. Here’s…
The biggest bull in markets heading into 2025 has already gone back to the drawing board. But considering what’s happened to US stocks in the last two months, he’s as cheery as ever. John Stoltzfus, the chief investment strategist at Oppenheimer, entered the year with a Street-high S&P 500 target of 7,100, which implied the index was…
The S&P 500 and Nasdaq 100 both flashed the dreaded “death cross” formation on Monday. The technical sell signal occurs when an index’s 200-day moving average rises above its 50-day moving average. It can signal a reversal in a prior trend — in this case, the two-year bull market in stocks. The development comes on…
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Rep. Marjorie Taylor Greene is one of the more frequent stock traders in Congress. Just before Trump’s tariff pause sent markets soaring, she bought thousands of dollars in stock. Democrats have speculated that some…
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Traders at the New York Stock Exchange had a stressful few days amid Trump’s trade war. While stocks rebounded after a 90-day tariff pause, the S&P, Dow, and Nasdaq fell again on Thursday. It…
BEIJING, April 14, 2025 /PRNewswire/ — UK companies are looking to enter the China market, which greatly supports UK economic growth, UK Trade Commissioner for China Lewis Neal told the Global Times on Sunday. His comments were made while attending the China International Consumer Products Expo (CICPE) in Haikou, South China’s Hainan Province. The UK…