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Source: Live Mint Two-day selloff puts S&P 500 down over 17% from record high Nasdaq Composite confirmed bear market on Friday Coming week sees tariff deadline, inflation data, bank earnings NEW YORK, April 4 (Reuters) – Tariff-stunned markets face another week of potential tariff turmoil, with fallout from President Donald Trump’s sweeping import levies keeping…
Source: Live Mint By Laura Matthews and Yadarisa Shabong – The euro and the Japanese yen soared against the dollar on Thursday, as investors grappled with how U.S. President Donald Trump’s far-reaching tariffs will impact global trade and economic growth. Investors continue to flock to safe-haven units such as the yen and Swiss franc as…
Source: Live Mint Shares of RH sank over concerns about how new tariffs announced by US President Donald Trump would impact the luxury furniture maker. The stock fell 40% at 9:50 a.m. Thursday in New York. That’s the lowest level in nearly five years. The shares had fallen 37% this year through Wednesday. There is…
Source: Live Mint US President Donald Trump announced sweeping reciprocal tariffs on its trading partners on 2 April, a move aimed at reducing the country’s dependency on foreign products amid its ballooning trade deficit. Trump announced a 26% tariff on imports from India, effective 9 April. Companies in sectors such as apparels & textiles and…
Source: Live Mint Although the bearish sentiment among US investors eased in March from levels in January or February, they remain at decadal highs, similar to the covid period, said Garima Kapoor, economist and executive vice president at Elara Securities India. Recession fears owing to policy uncertainties and Trump’s tariffs are adding to the valuation…
Source: Live Mint S&P 500 set for biggest first-quarter decline since 2020 Investors expect heavy volatility after April 2 tariff reveal Retaliatory tariffs could make Wall Street’s ride even rockier By Saqib Iqbal Ahmed and Lewis Krauskopf NEW YORK, – U.S. President Donald Trump’s scheduled April 2 tariff policy announcement could clear a fog of…
Source: Live Mint Spot gold hits 18 record highs so far this year US PCE at 0.4% in February Silver, platinum & palladium headed for weekly gain March 28 – Gold prices surged to a record high on Friday, as investors flocked to the safe-haven asset amid fears of a global trade war triggered by…
Source: Live Mint Indexes off: Dow 0.33%, S&P 500 0.13%, Nasdaq 0.13% Advanced Micro Devices down after brokerage downgrade Q4 GDP up 2.4%, weekly jobless claims at 224,000 By Pranav Kashyap and Johann M Cherian March 27 – Wall Street seesawed between marginal gains and losses on Thursday, as investors grappled with President Donald Trump’s…
Source: Live Mint Global investors are selling U.S. stocks en masse, reallocating money elsewhere as Washington amps up volatility with tariffs. European investors had removed a net $2.374 billion from U.S. equity exchange-traded funds in March as of Tuesday’s close, after pulling out about one-sixth that amount in February. New money was instead put into…
Source: Live Mint Stock market today: Indian markets, which opened lower on Thursday, March 27, tracking weak global cues, quickly reversed their losses as financial stocks led a rebound, bringing the frontline indices back into action after the sharp sell-off in the previous session. The rebound in oil & gas, realty, and metal stocks has…
