Israel’s aerial defense system Iron Dome destroys rockets fired from Southern Lebanon in Haifa, Israel on September 23, 2024. (Saeed Qaq/Anadolu via Getty Images) WASHINGTON – A new executive order from President Donald Trump calls for greater investments for a multilayered homeland air defense system, including a requirement for the development of space-based interceptors. On…
Nasdaq and S&P 500 futures edged up on Tuesday, following a steep stock sell-off spurred by concerns of over-confidence in Big Tech’s potential payoff from investments in AI. Investors also assessed a return to a tougher tone on tariffs from President Donald Trump, ahead of the start of a Federal Reserve meeting where the impact…
President Donald Trump has said that the United States will impose tariffs on countries that “harm” America, naming China, India, and Brazil as those with high tariffs. US President Donald Trump walks on the South Lawn of the White House after arriving on Marine One in Washington, DC, US, on Monday, Jan. 27, 2025. (Bloomberg)…
Nasdaq futures plunged on Monday to lead a stock rout on Wall Street as a Chinese startup rattled faith in US leadership and profitability in AI, hitting Nvidia (NVDA) and other Big Tech stocks. Contracts on the tech-heavy Nasdaq 100 () sank 4.3%, while S&P 500 futures () tumbled 2.4%. Dow Jones Industrial Average futures…
By Kevin Buckland TOKYO (Reuters) – U.S. stock futures and Asian shares outside China slumped on Monday as investors weighed the implications of Chinese startup DeepSeek’s launch of a free, open-source artificial intelligence model to rival OpenAI’s ChatGPT. Meanwhile, the dollar rose after U.S. President Donald Trump slapped Colombia with retaliatory levies and sanctions for…
(Bloomberg) — US stock index futures tumbled in early Asian trading hours Monday amid concerns that an artificial intelligence model from China’s DeepSeek may disrupt the tech market. Most Read from Bloomberg S&P 500 futures fell as much as 1% as of 10:12 a.m. in Hong Kong, while contracts on the Nasdaq 100 dropped as…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. A big week for world markets kicks off in Asia on Monday with investors still navigating the blizzard of headlines around U.S. President Donald Trump’s likely economic agenda, while trying to gauge whether the “U.S. exceptionalism” narrative may be losing its…
STORY: U.S. stocks closed lower on Friday as investors digested a mixed bag of economic data and earnings reports as well as the first week of President Donald Trump’s second term. The Dow and S&P 500 both shed roughly three-tenths of a percent and the Nasdaq lost half a percent. Existing home sales for December…
Good morning. The S&P 500 closed at a record high yesterday for the first time since early December, fueled by comments from President Donald Trump calling for lower oil prices and interest rates. The comments were part of Trump’s speech at the World Economic Forum in Davos, which is the focus of today’s newsletter. BI…
Executive orders signed by President Donald Trump on Jan. 20 emphasized his hopes to scale back available electric vehicle subsidies and increase tariffs on products from other countries, highlighting the uncertain trajectory of a post-election auto market. One of the orders, titled “Unleashing American Energy,” aims, in part, to eliminate “unfair subsidies and other ill-conceived…