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Asian Markets Subdued as Investors Await BOJ and Fed Decisions
Asian stock markets remained cautious on Wednesday, with gold hovering near record highs amid economic uncertainties and geopolitical risks. The Bank of Japan (BOJ) held interest rates steady as expected,...
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Trump EU Tariffs Delay: Asian Stocks Steady, Euro Strengthens
Trump EU Tariffs Delay Extended President Donald Trump announced a delay in his proposed 50% tariffs on European Union (EU) goods, pushing the deadline to July 9 from June 1....
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Nordstrom Confirms Receiving Buyout Bid from Members of Founding Family
Nordstrom Inc. confirmed on Wednesday that it has received a buyout bid from members of the founding Nordstrom family and Mexico-based retailer El Puerto de Liverpool SAB. The proposed offer,...
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Investors on Edge as Trump’s ‘Liberation Day’ Tariffs Loom Over Global Markets
Uncertainty Reigns Ahead of Major Trade Policy Shift Global financial markets are bracing for potential volatility as U.S. President Donald Trump prepares to unveil a new round of tariffs on...
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Premarket Movers: Tesla, Nvidia Rise as Smucker and McDonald’s Shares Drop
U.S. stock market update:U.S. stock futures remained stable early Tuesday as investors awaited key developments from U.S.–China trade negotiations underway in London. Market sentiment stayed cautious amid ongoing earnings season...
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US Equities Close Higher as Markets Analyze Fed Minutes and Trump’s Tariff Threats
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. Minutes from the...
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S&P 500: Bulls Likely to Dominate as Long-Term Target of 6,000 Draws Near
In recent discussions, many have made bold predictions about the future of the S&P 500, such as: “We might see it hit 10,000 by 2028, or maybe even 2027.” “Nothing...
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Tech Stocks Lead Wall Street Lower as Investors Eye Fed Commentary
Wall Street Tech Stocks Dip Ahead of Fed Remarks Wall Street tech stocks fell on Tuesday as investors waited for comments from Federal Reserve officials. Concerns over interest rates and...
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US Equities Close Lower on Thursday Amid Powell’s Remarks
U.S. equity markets closed in the red on Thursday as investors reacted to comments from Federal Reserve Chair Jerome Powell. In prepared remarks ahead of a live event hosted by...
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US Dollar Decline Accelerates as Global Markets React to US Fiscal Policy
US Dollar Decline Fueled by Washington’s Fiscal Policy Risks The US dollar extended its downward trend on Thursday, hitting its lowest level in nearly two weeks against the Japanese yen....
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Europe’s Competitiveness at Risk, Report Warns of ‘Existential’ Challenge
Europe is facing a growing economic crisis, with a recent report by former European Central Bank president Mario Draghi warning that the continent must increase its annual investment by nearly...
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Trump’s FCC Pick Signals Trouble Ahead for Big Tech
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...
