Stocks were brutalized Friday in a way we haven’t seen in ages. Everything except some downtrodden consumer packaged goods stocks, led by the resurgent PepsiCo , was slaughtered. The headwinds were enormous and came from disparate places. Bond yields came down huge, something that equity markets normally greet with tremendous relief and price-to-earning multiple expansion….
Prime Minister Keir Starmer is being urged by senior members of his government to reassess his policy toward China and take a tougher stance on the risks it poses to UK national security in the wake of a collapsed espionage case. Several cabinet ministers are concerned that Starmer has taken too generous an approach to…
Vice President JD Vance called on Beijing to “choose the path of reason” in the latest spiraling trade fight between the US and China, claiming that President Donald Trump has more leverage. “It’s going to be a delicate dance, and a lot of it is going to depend on how the Chinese respond,” Vance said…
Days before the start of earnings season, President Donald Trump ratcheted up trade tensions with China, sending the stock market reeling on Friday and scrambling the backdrop for the week ahead. The federal government shutdown is also dragging on. Here is an in-depth look at the three biggest things we’re watching over the next five…
Chinese President Xi Jinping’s blistering response to Donald Trump violating the terms of their fragile trade truce has reignited a tit-for-tat spiral, exposing the rocky path to any US-China trade deal. After China unveiled wide-ranging global export controls on products containing even traces of certain rare earths this past week, Trump fired back by threatening…
President Donald Trump’s additional 100% tariff on China erased $2 trillion from the stock market on Friday and possibly couldn’t have come at a worse time. A potentially renewed trade war risks a resurgence of uncertainty in the market, Apollo Global Management chief economist Torsten Slok said Saturday on Fox Business, all while fears of…
U.S. President Donald Trump looks on during an announcement about lowering U.S. drug prices, at the White House in Washington, D.C., U.S., Oct. 10, 2025. Kent Nishimura | Reuters On Friday morning, the S&P 500 was less than a couple of points from another all-time high. Then, after a single social media post from President…
More than 1.6 million traders lost over $19 billion on cryptocurrency bets as the market crashed from Donald Trump‘s announcement of additional 100 per cent tariffs on China, according to a Bloomberg report. Citing 24 hour data from Coinglass, the report noted that more than $19 billion have been wiped out in the “largest liquidation…
A resurgence in trade tensions between the U.S. and China squeezed some of the excess out of an enthusiastic market, something investors will keep a close eye on in the week ahead as earnings loom. The government shutdown is also stretching into a new week. Stocks sold off Friday, with the Dow Jones Industrial Average…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: Stocks were selling off to close the week after President Donald Trump threatened a “massive” tariff increase on China amid a dispute over rare earth minerals….