Investors worldwide are assessing the US-China deal to reduce their hefty rates of reciprocal tariffs, slashed by 115 percentage points to 10% on both sides. Aaron Hill, FP Markets’ chief analyst This “marks a pivotal moment in global trade dynamics. However, the 90-day timeframe indicates these tariff cuts are a negotiation tactic rather than a
By Anand James FIIs continue to boost their Index Long Futures with the present proportion of longs seen at 47.4. This is the highest this ratio has reached since the early part of December 2024. Post this, the Nifty had a multiple-leg down. Incidentally, thanks to the steady rise through April, it is in fact
America’s largest homebuilder, D.R. Horton (DHI), warned on Thursday that its key spring selling season has gotten off to a sluggish start as elevated mortgage rates and growing economic uncertainty continue to erode consumer confidence. “This year’s spring selling season started slower than expected,” D.R. Horton CEO Paul Romanowski told analysts and investors on the
Some of President Trump’s prominent backers in the business community are sounding the alarm on his rollout of reciprocal tariffs and the resulting market fallout. Outspoken billionaire investor Bill Ackman, who endorsed the president last July following the assassination attempt on Trump, said in a lengthy post on X late Sunday that, barring Trump calling
US stock futures fell on Monday, signaling March’s market struggles are set to continue in a week highlighted by the Federal Reserve policy meeting. S&P 500 futures (ES=F) dropped 0.6%, while Dow Jones Industrial Average futures (YM=F) fell around 0.6%. Contracts on the tech-heavy Nasdaq 100 (NQ=F) slid 0.7%. Markets are coming off a week
US stock futures ticked upward Sunday night after a week that saw the major indexes slump, with the Dow logging its worst weekly performance since October, sparking fears of a pullback in response to record-high levels. Nasdaq (NQ=F) futures bounced back about 0.4%. S&P 500 (ES=F) futures made a similar upward move of 0.4%, and
US stocks fell sharply at the closing bell Friday as the uncertainty surrounding tariffs and the possibility of a slowing economy caught up to investors, igniting fresh rounds of selling and renewing concerns of a market correction. The S&P 500 (^GSPC) shed 1.7%, while the tech-heavy Nasdaq Composite (^IXIC) lost over 2%, reversing earlier gains.
US stock futures diverged early Friday after the major indexes slumped following a weak earnings outlook from retail giant Walmart (WMT). S&P 500 (ES=F) futures edged up 0.1%, while Nasdaq 100 futures (NQ=F) rose 0.3%. Dow Jones Industrial Average futures (YM=F) fell 0.3%, after the index led a broad Wall Street slide on Thursday. The
Stock markets have rocketed higher since the election of U.S. president Donald Trump, despite fears emerging that Trump is feeding an asset price bubble. Unlock over $3,000 in NFT, web3 and crypto perks — Apply now! The S&P 500, the Dow Jones Industrial Average and the tech-heavy Nasdaq have all notched record highs since November,
Tim Walz on JD Vance: ready to debate Democratice Vice Presidential nominee Tim Walz campaigned with Kamala Harris on Tuesday — and said he’s looking forward to debating JD Vance. Fox – 2 Detroit A record 58% of Americans owned stocks in 2022, according to the Federal Reserve. Democratic vice presidential nominee Tim Walz was