Politics WHAT MARKET? With Wall Street worried, the president pulls back from the brink. David Gardner Chief National Correspondent Published Mar. 6 2025 5:13PM EST The Washington Post via Getty Im David Gardner Chief National Correspondent Got a tip? Send it to The Daily Beast here. Source link
Uncertainty over President Donald Trump’s tariffs rattled Wall Street on Thursday, sending the Dow Jones Industrial Average tumbling by more than 500 points just after the opening bell. The S&P 500 Index and the tech-heavy Nasdaq Composite were also down more than 1% at the start of trading on Thursday. Tech stocks, including Broadcom, Nvidia,…
Wall Street’s main indexes finished higher in choppy trading on Wednesday, as investors cheered the likely easing of trade tensions between the US and major trading partners. Stocks turned positive after a report said President Donald Trump was considering a one-month delay of auto tariffs on Canada and Mexico. Equities extended gains after a White House announcement confirmed that Trump agreed to delay…
Stocks racked up more losses on Wall Street Tuesday as a trade war between the U.S. and its key trading partners escalated, wiping out all the gains since Election Day for the S&P 500.The Trump administration imposed tariffs on imports from Canada and Mexico starting Tuesday and doubled tariffs against imports from China. All three…
(Bloomberg) — As stocks traded near records despite threats from President Donald Trump’s trade policies, sticky inflation and a suddenly fragile economy, strategists theorized an invisible hand was at work: Trump’s. Most Read from Bloomberg The theory was that the US president’s penchant for using the stock market as a report card meant any policy…
CBOE Global Markets’ Mandy Xu warns the stock market is underpricing tariff risks — even after Monday’s sharp sell-off. Xu contends the bond market has been more sensitive to economic uncertainty than stocks over the past few months. But now, that gap may be starting to close. “There’s scope for it [volatility] to go even…
BANGKOK (AP) — Asian shares started the week with solid gains after Wall Street closed its dreary February on a brighter note. Upbeat Chinese factory data also lifted sentiment, helping to start trading in March on a strong note. In Hong Kong, Chinese bubble tea chain Mixue Bingcheng’s shares soared 40% after its $444 million…
Warren Buffett at a press conference during the Berkshire Hathaway Shareholders Meeting on April 30, 2022. CNBC Legendary investor Warren Buffett made a rare comment on President Donald Trump’s tariffs, saying punitive duties could trigger inflation and hurt consumers. “Tariffs are actually, we’ve had a lot of experience with them. They’re an act of war,…
Investors could use a break heading into a new month, but there are no shortage of obstacles ahead, including next week’s February jobs report and looming tariff deadlines. Stocks are in a different place at the end of February than at the start. The S & P 500 on Friday ended the month down 2.3%,…
I predict that Donald Trump is going to end up being very costly to Elon Musk’s tech empire. Until quite recently, investors were all in on the Trump-Musk bromance. Bloomberg calculated that the value of Musk’s companies had risen by $613 billion between early November 2024 and mid-February 2025, assuming anticipated funding rounds went as…