The FinTech Hub
Source: Live Mint Global markets today: There is chaos across global financial markets. US President Donald Trump’s reciprocal tariffs have spooked investors, prompting them to pull their money out of various asset classes. That reciprocal tariffs were coming was expected. What’s creating panic among investors is the prospect of a trade war that could disrupt…
Source: Live Mint Wall Street stock indices plummeted on Thursday following President Donald Trump’s sweeping ‘Liberation Day’ tariffs on US trading partners. At 12:58 PM EDT, the S&P 500 was down 3.84%, the Dow Jones Industrial Average was down 3.07%, and the Nasdaq Composite was 5% lower. At 11:32 AM EDT, the S&P 500 was…
Source: Live Mint Trump fired up global trade tensions by announcing a baseline 10% tariff on all imports starting 5 April, with reciprocal tariffs on specific countries from 9 April. India will be hit with a 27% additional tariff, while China’s rate soars to 54%, up from the previous 20%. Gift Nifty futures took a…
Source: Live Mint US stock indices slipped on Wednesday ahead of a heavily-touted new tariff announcement by President Donald Trump. At 09:39 a.m. the Dow Jones Industrial Average fell 156.51 points, or 0.37%, to 41,833.45, the S&P 500 lost 26.55 points, or 0.47%, to 5,606.52 and the Nasdaq Composite lost 99.07 points, or 0.57%, to…
Source: Live Mint US stocks rose on Tuesday amid worries about President Donald Trump’s reciprocal tariffs. Trump is expected to announce tariffs on his “Liberation Day” on Wednesday. As of 11:30 AM Eastern time, the S&P 500 was up by 0.3 per cent, the Dow Jones Industrial Average was up 0.1 per cent, and the…
Source: Live Mint US stock indices extended losses on Monday amid worries over reciprocal tariffs as President Donald Trump’s “Liberation Day” is approaching. Trump has pledged to impose sweeping levies against trading partners on April 2. As of 10:10 AM Eastern time, the S&P 500 was down 0.8 per cent, the Dow Jones Industrial Average…
Source: Live Mint Wall Street: Focus of stock market investors in the week ahead will be mainly on US President Donald Trump’s reciprocal tariffs and a 25 per cent tariff on automobile imports, expected to implemented on April 2. In terms of economic reports, the market participants will get plenty of data, including employment numbers…
Source: Live Mint US stocks edged lower on Wednesday on a selloff in big tech shares, with concern about the economic impact of a tariffs war. A warning from the Congressional Budget Office that the Treasury risks a payment default in August also weighed on sentiments. As of 12:36 PM EDT, the S&P 500 was…
Source: Live Mint US stock indices rose slightly in choppy trade on signs of falling consumer confidence and amid uncertainties around President Donald Trump’s planned tariffs. On Monday, Trump said that not all of his threatened levies would be imposed on April 2 and some countries might get breaks. As of 10:30 AM Eastern time,…
Source: Live Mint US stocks surged on Monday, led by technology shares on reports of President Donald Trump’s administration likely to exclude a set of sector-specific tariffs that are on track to be imposed in April. As of 11:01 AM Eastern, the S&P 500 jumped 1.6 per cent, the Dow Jones Industrial Average rose 1.3…
