The US dollar index, which measures the greenback against six major peers, extended its decline to the fourth straight session on Friday, April 11, tumbling 2% to slip below the 100 mark for the first time since July 2023, reaching 99.02. With today’s fall, the US dollar has lost 4.21% of its value so far…
Asian markets traded lower on Friday, following overnight sell-off on Wall Street as trade war tensions between US and China escalated and fueled risk-off mood. Japan’s Nikkei share average led the losses in the region with a steel cut of over 5%. Japan’s Nikkei 225 plunged 5.46%, while the Topix tanked 5.05%. South Korea’s Kospi…
As US President Donald Trump downplayed Thursday’s brutal stock market crash and promised a booming economy, market expert Ajay Bagga took to social media platform X (formerly Twitter) to offer a contrasting take. Bagga quoted Trump’s upbeat statement — “I think it’s going very well” — and pointed to the widespread pain across asset classes…
The US stock markets are facing a significant selloff, with the S&P 500 falling from a record high, touched three weeks ago, into the 10% correction territory. Investors are worried that the escalating tariff war being waged by the United States could flare up inflation and tip the economy into recession, sending US stock indices…
US stock market ended sharply lower on Thursday, with the benchmark S&P 500 confirming it is in a correction, amid fears for inflation and recession in the world’s largest economy due to the escalating tariff war. All three major US stock indexes closed lower, as broad selloff in tech and tech-related megacap shares dragged the…
