Trump, stock futures
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Reuters |
Wall Street stocks tumbled on Thursday on mounting worries over the economic impact of U.S. President Donald Trump's multi-front tariff war.
Investopedia |
The S&P 500 jumped 9.5% on Wednesday, its best performance since 2008, while the Nasdaq surged 12.2% for its biggest gain since 2001.
Business Insider |
China has struck back with an 84% tariff on U.S. exports, while the European Union (EU) has garnered support from countries for its own retaliatory actions.
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Futures on Wall Street are currently in positive territory after yet another session of wild swings that saw the indices wipe out a third or more of what they gained during Wednesday's historic upmove.
U.S. stock futures pointed higher on Friday as first-quarter earnings season kicks off to cap a wild week in markets that has seen American assets trade like those in an emerging market. Dow Jones Industrial Average futures rose 249 points,
Stock futures dropped following historic gains for major U.S. indexes after President Trump paused his steep reciprocal tariffs on many trading partners for 90 days. On Wednesday, the tech-heavy Nasdaq Composite gained more than 12% in its biggest climb since January 2001,
U.S. stock index futures pared their early losses on Thursday after a cooler-than-expected inflation reading bolstered expectations that the Federal Reserve would remain on track to cut interest rates this year.
US stocks saw strong gains slip away and end lower. Reciprocal tariffs, as is, are set for just after midnight, dampening optimism for lower levies,
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U.S. stock futures fell sharply on Sunday evening as the Trump administration showed no signs of backing off from a wide-ranging plan to impose tariffs.
Dow, S&P 500, and Nasdaq 100 futures are rising in premarket trading as the stock market reacts to President Donald Trump's tariffs on the day they kick in.