Wall Street stock indices edged higher on Friday on stronger-than-expected jobs data and easing trade tensions. At 12:58 PM EDT, the S&P 500 gained 1.58%, the Dow Jones Industrial Average rose 1.49%, the Nasdaq Composite surged 1.76%. At 11:31 AM EDT, the S&P 500 gained 1.04%, the Dow Jones Industrial Average rose 0.81%, the Nasdaq Composite rose 1.26%. At…
US stock markets on Tuesday bounced back to recover their historic losses after Monday saw a global downturn due to President Donald Trump’s tariff announcements over the last week. All major US stock market indices jumped above 3 per cent today after a crash in the markets on Monday(REUTERS) The S&P 500 was up 3.7…
Donald Trump claimed on Saturday that China was hit harder than the United States in the ongoing tariff war triggered by the US president’s imposition of reciprocal tariffs on most countries. A day after the US stock markets plummeted, evoking fears of a global recession, the US president claimed his country had been treated “unsustainably…
US stocks edged higher on Monday as steelmakers surged after US President Donald Trump said he would impose 25% tariffs on steel and aluminum imports. Trump also said he would announce reciprocal tariffs on all countries on Tuesday or Wednesday. As of 10:15 am Eastern time, the S&P 500 was up 0.6%. The Dow Jones…
US stocks mostly rose on Thursday after US President Donald Trump’s Davos comments and corporate earnings. At the WEF in Davos , Switzerland, Trump said that he is working to reverse inflation, lower taxes and boost fossil fuels production in the US but did not elaborate on his proposed tariffs. At 11:57 a.m. ET, the Dow…
US Fed Meeting LIVE: The US Federal Reserve announced its eighth policy decision for 2024 after a two-day Federal Open Market Committee (FOMC) meeting and voted 11 to 1 on Wednesday, December 18, to slash the benchmark interest rate by 25 basis points (bps) or (1/4) quarter of a percentage point to 4.25 – 4.50…
