The upheaval in stocks has been grabbing all the headlines, but there is a bigger problem looming in another corner of the financial markets that rarely gets headlines: Investors are dumping US government bonds. Normally, investors rush into Treasury at a whiff of economic chaos but now they are selling them as not even the…
Wall Street stocks were back in free fall on Thursday. Washington: Wall Street stocks were back in free fall Thursday after the prior session’s mammoth rally as markets gyrated amid rising worries about a US trade war and US recession. Near 1630 GMT, the S&P 500 was down about six percent, with the Dow off…
Apr 07, 2025 06:16 AM IST Donald Trump advisers called tariffs a smart move in global trade, downplaying concerns ahead of a possibly shaky start to Asian markets on Monday. Top US officials on Sunday defended sweeping new tariffs rolled out by President Donald Trump, saying more than 50 nations have reached out to the…
A graduate of the renowned Harvard University with a doctorate in Law, Jim Cramer, the founder of TheStreet and CNBC host of the show “Mad Money”, warned global market investors about a potential bloodbath likely to happen after the stock markets reopen on Monday, April 7, reported multiple media outlets. Also Read | Can Indian…
Wall Street investors would have plenty of economic data to analyse in the week ahead. A key inflation – Federal Reserve-preferred Personal Consumption Expenditures (PCE) price index, flash PMI readings from the S&P, personal income and spending data, among other economic reports will be released. On Wednesday, the US central bank kept its interest rate…
As the first quarter of 2025 draws nearer to a close, it is clear which leading stock market has suffered most from US President Donald Trump’s erratic trade policies. Since February 19, the benchmark S&P 500 index has fallen 7.6 per cent. A gauge of the Magnificent Seven US technology companies, which drove the rally…
Traders work on the floor of the New York Stock Exchange. (File photo) Wall Street ended lower on Tuesday, extending a turbulent period of losses as uncertainty over US President Donald Trump’s tariff policies continued to shake investor confidence.Trump said late in the afternoon that he would “probably” reconsider doubling planned tariffs on Canadian steel…
Wall Street took another hit on Thursday rattled by a fresh wave of sell offs rattled. The US market, which was already on the edge over US tariffs and economic uncertainty, suffered massive lows as the Dow Jones Industrial Average dropped 427 points (1 per cent) to 42,579.08, while the Nasdaq fell 483.48 points to…
In a holiday-shortened week ahead, Wall Street investors will be focusing on home sales data and the Federal Reserve minutes of January monetary policy meeting. The markets will remain closed on Monday to mark Presidents’ Day. The week will also see other economic data including preliminary PMIs by S&P Global for services and manufacturing, and…
US stock indices were muted on Friday after mixed economic data and as investors awaited more clarity on President Donald Trump’s reciprocal tariff plans. On Thursday, Trump said his economics team will devise plans for reciprocal tariffs on every country taxing US imports, though the directive stopped short of imposing fresh tariffs. At 9:40 am…