[ad_1] Wall Street’s key indices opened higher on Wednesday as Donald Trump’s Gulf tour stoked hopes of more trade deals. At the opening bell, the Dow Jones Industrial Average rose 9.7 points, or 0.02%, to 42150.09. The S&P 500 rose 10.2 points, or 0.17%, to 5896.74​, while the Nasdaq Composite rose 64.6 points, or 0.34%,…
[ad_1] US equities mostly rose on Tuesday following benign consumer price inflation data. The Consumer Price Index (CPI) fell to 2.3% in April from a year ago, down from 2.4% in March. At 10:48 AMEDT, the Dow Jones Industrial Average fell 0.36%, the S&P 500 gained 0.66%, and the Nasdaq Composite rose 1.30%. At 09:38…
[ad_1] Wall Street key stock indices opened sharply higher on Monday as the United States and China reached a deal to reduce tariffs. China and the United States announced a 90-day truce in their trade war, agreeing to cut most of their tariffs. At the opening bell, the Dow Jones Industrial Average rose 649.7 points,…
[ad_1] Watching the President of the United States, Donald Trump, reveal in the Oval Office what he described as “a tremendous trade deal” with the United Kingdom reminded me of the 1990s sitcom Seinfeld—it was a show that was literally about nothing. To be clear, it’s not a deal. It’s more of a framework for…
[ad_1] Corporate spreads have narrowed, and Treasury yields are less volatile, soothed by positive talk on tariffs. Stocks have recovered from their April 2 “Liberation Day” losses, but the dollar remains under pressure. Gold is the safe haven of choice. But worries that tariffs and trade disruptions will impact the economy remain, and any sign…
[ad_1] (This story has been refiled to say ‘unwinding,’ instead of ‘winding,’ in paragraph 4) NEW YORK (Reuters) -The U.S. dollar weakened against major currencies, including the yen and the euro, on Monday as markets weighed continued uncertainty from President Donald Trump’s tariff policies and their impact on the economy. The greenback slid to a…
[ad_1] Wall Street stock indices opened higher on Friday on stronger-than-expected jobs data. At 09:30 a.m. ET, the Dow Jones Industrial Average rose 414.53 points, or 1.02%, to 41,167.49, the S&P 500 gained 54.59 points, or 0.97%, to 5,658.73 and the Nasdaq Composite gained 159.60 points, or 0.87%, to 17,864.97. [ad_2] Source link
[ad_1] NEW YORK – Oil prices fell about 2% to a two-week low on Tuesday as investors braced for OPEC to boost output and worried U.S. President Donald Trump’s tariffs would hit the global economy and slow demand for the fuel. Brent crude futures fell by $1.61, or 2.4%, to settle at $64.25 per barrel….
[ad_1] US stock indices moved in opposite directions on Tuesday as markets digested a trove of earnings reports amid the US-China trade war. At 10:01 AM ET, the Dow Jones Industrial Average rose 113.62 points, or 0.28%, to 40,341.21, the S&P 500 lost 4.50 points, or 0.08%, to 5,524.25 and the Nasdaq Composite lost 30.26…
[ad_1] US Vice-President J.D. Vance’s India visit has upped hopes of speedy progress on a trade deal between the two countries. He is here with his wife Usha Vance, whose parents are of Indian origin, and their children. His itinerary features the usual tourist attractions. But the significance of his tour is not lost on…
