China on Wednesday removed Vice Commerce Minister Wang Shouwen from his role as trade negotiator and replaced him with a former Chinese representative to the World Trade Organization, amid an escalating tariff war with the United States. Li Chenggang, 58, who previously served as Assistant Commerce Minister during the first Donald Trump administration, has taken…
A cargo truck loaded with new pickups heads to U.S. at the Otay Commercial crossing in Tijuana, Baja California state, Mexico on March 27, 2025. Guillermo Arias | AFP | Getty Images DETROIT — Shares of automakers closed higher Monday after President Donald Trump said he is looking to “help some of the car companies”…
Apple CEO Tim Cook greets former President Barack Obama at the inauguration of U.S. President Donald Trump at the U.S. Capitol Rotunda in Washington, D.C., on Jan. 20, 2025. Julia Demaree Nikhinson | Getty Images Apple shares rose more than 2% on Monday, pushing the company’s market cap back above $3 trillion, as Wall Street…
Higher-quality stocks with more achievable relative growth rates and earnings estimates could be investors’ best bets for hedging against mounting market uncertainty, according to Trivariate Research. Rising uncertainty stemming from President Donald Trump’s April 2 “reciprocal” tariff rollout has plagued markets , with the S & P 500 suffering a four-day string of losses and…
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…
Last week, the world woke up to the weight of the bond market. A leviathan in the finance world, it occasionally writhes to remind others that some rules are sacred. Lodged in their humdrum world, the methodical bond boys keep a dignified distance from their jumpy peers in the stock market, deriving a quiet pride…
Equity benchmarks closed last week on a subdued note, ending with modest losses amid heightened volatility Stock markets will be driven by further developments on the US–China tariff war front along with quarterly earnings announcements from IT majors Wipro and Infosys in a holiday-shortened week, analysts said. Global market trends and trading activity of foreign…
The US government has granted tariff exclusions for smartphones, computers, and other electronics imported largely from China, sparing them from US President Donald Trump’s steep 125% reciprocal duties. In a notice to shippers, the US Customs and Border Protection (US CBP) agency published a list of tariff codes that will be excluded from the…
Shocking stock-market volatility, chaos in the bond market, and a plunge in the dollar — this week in markets is destined for the history books. The S&P 500 wrapped up its best week since November 2023 — but that doesn’t begin to tell the story of the tariff-fueled roller coaster ride that investors were sent…
Stocks aren’t the only thing that have collapsed in short order over since Trump’s tariffs have taken effect. The University of Michigan’s Consumer Sentiment preliminary April data released on Friday revealed astounding declines in how consumers feel about the economy. Many of the gauges in the survey have seen sentiment deteriorate to levels seen in…