By Lisa Pauline Mattackal and Purvi Agarwal (Reuters) -Futures tied to the S&P 500 and the Nasdaq regained some ground on Thursday on the final trading day of the week, with focus on U.S.-Japan tariff talks, while UnitedHealth’s shares fell sharply following a forecast cut by the insurer. U.S. President Donald Trump said the country…
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…
US stock futures jumped Sunday evening, as Wall Street took in a weekend full of diverging messages from President Trump’s administration on its tariff policy. Futures tied to the S&P 500 (ES=F) rose 0.8%, while those on the tech-heavy Nasdaq (NQ=F) jumped 1.3%. Dow Jones Industrial Average futures (YM=F) were up 0.4%. CME – Delayed…
For China, soaring U.S. tariffs are a “joke,” as Chinese officials put it Friday in sharply hiking levies on American imports. Investors aren’t laughing. Stocks in the U.S. wobbled in early trading Friday as Wall Street absorbed the latest sign of the raging trade war between the world’s two largest economics. After Beijing announced that…
US stock futures extended some of Thursday’s losses before bouncing back as Wall Street gets ready to wrap up another week of tariff-fueled turmoil. Futures tied to the S&P 500 (ES=F) were up 0.6%, those on the tech-heavy Nasdaq (NQ=F) popped 0.9%. Dow Jones Industrial Average futures (YM=F) climbed 0.4% The major stock indexes are…
US stock futures pointed toward losses in Thursday’s session after the major indexes staged a historic rally as President Trump paused many of his largest tariff hikes on trading partners. Futures tied to the S&P 500 (ES=F) were down 0.3%, while those on the tech-heavy Nasdaq (NQ=F) fell 0.8%. Dow Jones Industrial Average futures (YM=F)…
In a dramatic twist during an already volatile trade showdown, US President Donald Trump heaped praise on Chinese President Xi Jinping, calling him “one of the smartest people in the world” even as both Washington and Beijing lobbed escalating economic threats at each other. The tensions flared further when Trump executed a stunning volte-face –…
US stock futures sank as Wall Street reacted to President Trump’s massive tariffs on key US trading partners taking full effect on Wednesday at 12:01 a.m. Futures tied to the S&P 500 (ES=F) dropped down 1.8%, while those on the tech-heavy Nasdaq (NQ=F) fell 1.9%. Dow Jones Industrial Average futures (YM=F) sunk 1.5%. Trump’s so-called…
Trillions of dollars in value has been wiped off markets since US President Donald Trump announced his latest round of tariffs on what he called “Liberation Day” last week. And it’s not just the US where the economic shock has been felt. Markets around the world, including in Australia, have witnessed sharp declines. Using Google…
Stocks in the U.S. whipsawed as a selloff in early trade Monday abruptly reversed course and opportunistic investors hopped in to scoop up beaten down shares. The S&P 500 fell 3.5% out of the gate, but quickly erased those losses, rising 97 points, or 1.9%, to 5,171 as of 10:21 a.m. EDT. The Dow,…