European stock markets are poised for a positive opening on Wednesday, driven by optimism that U.S. President Donald Trump’s 25% tariffs on Canada and Mexico may be eased. Investor sentiment is improving as speculation grows over potential tariff compromise deals that could de-escalate global trade tensions. European Stock Indexes Set for Gains Market data from […]
Asian stock markets tumbled on Tuesday, mirroring a Wall Street sell-off triggered by U.S. President Donald Trump’s tariff decision. The sharp decline followed Trump’s confirmation that 25% tariffs on imports from Mexico and Canada would be implemented later in the day. Additionally, he signed an executive order to increase tariffs on Chinese goods from 10% […]
South Korean companies are reconsidering their ambitious $54 billion investment to build electric vehicle (EV) battery plants in the United States due to concerns that President-elect Donald Trump may revoke key tax credits for EVs. Some firms have already slowed or paused the construction of new plants amid fears of reduced EV demand and potential […]
South Korean financial markets faced a sharp downturn following President Yoon Suk Yeol’s announcement of martial law on Tuesday evening. The decision was attributed to threats from North Korea and political strife involving the opposition party. Although the country’s parliament swiftly overturned the martial law order by popular vote, providing some relief to markets, the […]
The United States’ tech giants may need to brace themselves for the agenda of Brendan Carr, Donald Trump’s appointee as the new chairman of the Federal Communications Commission (FCC). Carr wasted no time making his stance clear after Trump announced his promotion to the FCC’s top spot last month. In a statement posted on X, […]
U.S. equity markets ended Tuesday on a positive note as investors digested the latest Federal Reserve meeting minutes and comments from President-elect Donald Trump regarding potential tariffs.
The Dow Jones Industrial Average soared nearly 500 points on Thursday, while the S&P 500 advanced modestly. However, the Nasdaq remained flat as tech stocks faced mounting pressure. Market Performance as of Thursday Morning: Chipmaker Nvidia experienced a volatile trading session, fluctuating between losses and gains before closing slightly higher, up 0.5% at $146.67 per […]
US benchmark equity indexes ended Tuesday on a mixed note amid escalating Russia-Ukraine tensions and anticipation of Nvidia’s (NVDA) quarterly earnings. The Nasdaq Composite climbed 1% to close at 18,987.5, while the S&P 500 added 0.4% to reach 5,917. Meanwhile, the Dow Jones Industrial Average slipped 0.3% to 43,268.9. Technology stocks led the gains, while […]
U.S. equity markets closed in the red on Thursday as investors reacted to comments from Federal Reserve Chair Jerome Powell.
The potential impact of a Trump presidency on Nvidia’s stock remains uncertain. While Nvidia has become synonymous with the broader market’s trajectory, even before its inclusion in the Dow Jones Industrial Average, there is limited information available regarding former President Trump’s stance on the company or its CEO, Jensen Huang. An analysis of Trump’s posts […]
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