BANGKOK – Shares were mixed Wednesday in Europe and Asia after an update on U.S. inflation pulled most Wall Street stocks lower, though gains for Nvidia pushed the Nasdaq to another record. The report showed inflation in the United States accelerated to 2.7% last month from 2.4% in May. Economists said higher prices for clothes,…
Russia’s stock market rose more than 1% on Tuesday morning after U.S. President Donald Trump threatened to impose 100% tariffs on buyers of Russian energy exports unless the Kremlin agrees to a peace deal in Ukraine within 50 days. The gains extended a 2.7% jump on the Moscow Exchange (MOEX) after hours on Monday following…
President Donald Trump launched another round of trade threats against Mexico and the European Union Saturday—but it appears his head wasn’t in it. In a pair of posts on Truth Social, Trump announced plans to impose 30 percent tariffs on imports from Mexico and the European Union unless the trade partners “decide to build or…
Amazon founder and the world’s fourth richest person, Jeff Bezos, sold 3.4 million Amazon shares worth £568.85 million ($768.9 million) based on the Thursday closing price of £164.43 ($222.26) per share. The stock sale was completed between 3rd and 9th July across four trades, according to the latest filings with the US Securities and Exchange…
US stocks retreated Friday after President Trump threatened Canada with a 35% tariff on its imports to the US and floated higher blanket levies on most trading partners. The S&P 500 (^GSPC) fell 0.3%, while the tech-heavy Nasdaq Composite (^IXIC) dipped 0.2%, both dipping from Thursday’s record highs. The Dow Jones Industrial Average (^DJI) declined…
Investors have had their fair share of things to digest this week. Trump the tariff man has returned in force. The president slapped a 50% tariff on copper imports, powering shares of metals play Freeport-McMoRan (FCX) up almost 5% on the week. Copper (HG=F) prices have surged 10% since Monday. Late Thursday, Trump posted a…
US stocks fell on Friday after President Trump threatened Canada with a 35% tariff on its imports to the US and floated higher blanket levies. The S&P 500 (^GSPC) fell 0.4%, while the tech-heavy Nasdaq Composite (^IXIC) dropped 0.3% after the two indexes rose to eke out record highs on Thursday. The Dow Jones Industrial…
Stock markets mostly rose Thursday on optimism that governments would reach deals to avoid US tariffs, with London hitting a record high. London’s FTSE 100 index jumped one percent in morning trading, lifted also by a surge in mining stocks after US President Donald Trump said he would enact a 50-percent copper tariff on August…
Stock markets mostly rose Thursday on optimism that governments would reach deals to avoid US tariffs, with London hitting a record high. London’s FTSE 100 index jumped one percent in morning trading, lifted also by a surge in mining stocks after US President Donald Trump said he would enact a 50-percent copper tariff on August…
Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. On Monday, Tesla lost 6.8 percent of its value when the S&P 500 fell by less than 1 percent on tariff fears—marking the sixth-worst day of the year for the stock. The causes of…