After a massive drawdown in the initial reaction to President Trump’s April 2 tariffs, major stock indexes have roared back. But following six straight days of gains that have brought the S&P 500 within 3% of a new all-time high, some on Wall Street are cautioning that the next move in markets might not be
As Trump escalates his protectionist trade agenda, foreign citizens are taking matters into their own hands by boycotting US products and limiting tourism — a phenomenon that could significantly impact US growth and individual businesses. In a note published on Monday, Goldman Sachs estimated foreign boycotts could amount to as much as 0.3% of domestic
In a new note to clients published Friday, BMO chief investment strategist Brian Belski — one of the Street’s staunchest bulls who was quick to call the market turnaround back in 2022 — argues that the uncertainty and fear of this market moment is no reason to rip up your view on markets and the
China’s stock benchmark closed at its highest since mid-December amid growing optimism for more Beijing policy support and a rising appetite for Chinese names from global investors. Shanghai’s CSI 300 jumped 2.4% as investors dived into consumer stocks. Meanwhile, the Hang Seng China Enterprises index (^HSCE) in Hong Kong finished with a 2.7% gain. China’s
Here’s a quick look at stocks likely to be in focus in today’s trade. Adani Power: Adani Power has announced that the Hyderabad bench of the National Company Law Tribunal (NCLT) has approved its plan to acquire Lanco Amarkantak Power Ltd (LAPL). The acquisition involves an upfront payment of ₹4,101 crore. LAPL is currently undergoing