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
Warner Bros. Discovery (WBD) stock rose as much as 6% Thursday before paring some gains, driven by ongoing speculation about a potential company breakup. CNBC’s David Faber said on air that an announcement could come “in the not-too-distant future,” suggesting WBD may be preparing to fully separate its declining linear cable networks from its studio
The steep recovery in equity markets over the past two weeks is typical of bear market rallies, and the erratic swings mean almost every investor will experience pain whichever direction the market suddenly moves. Goldman Sachs Group (GS) strategist Peter Oppenheimer said “the asymmetry for equity investing is poor. Sharp rallies within bear markets are
US stock futures edged lower Sunday evening, signaling a potential cooldown after the S&P 500 (^GSPC) wrapped up its longest winning streak in over 20 years. Futures attached to the S&P 500 (ES=F) sank 0.7%, while Dow Jones Industrial Average futures (YM=F) trickled down 0.6%. Futures tied to the Nasdaq (NQ=F) slipped 0.6%. CME –
US stock futures climbed after a day of Wall Street digesting earnings reports from Apple (AAPL) and Amazon (AMZN) as news broke that China and the US are opening the door towards tariff negotiations. Futures attached to the Dow Jones Industrial Average (YM=F) and the benchmark S&P 500 (ES=F) climbed 0.7%. Futures attached to the
US stock futures climbed after a day of Wall Street digesting earnings reports from Apple (AAPL) and Amazon (AMZN) that came with warnings of economic headwinds ahead. Futures attached to the Dow Jones Industrial Average (YM=F) and the benchmark S&P 500 (ES=F) climbed 0.7%. Futures attached to the tech-heavy Nasdaq Composite (NQ=F) ascended 0.5%. CBOT
US stock futures hovered around baseline as Wall Street braced for a busy day of Big Tech earnings and digested President Trump’s latest move on tariffs. Futures attached to the Dow Jones Industrial Average (YM=F) slipped 0.1%. Futures attached to the benchmark S&P 500 (ES=F) dipped 0.3%. Futures attached to the tech-heavy Nasdaq Composite (NQ=F)
Stock futures were mixed on Monday ahead of a big week of earnings reports and macroeconomic data that will continue to paint an early picture of the US economy’s response to President Trump’s tariffs. Futures tied to the S&P 500 (ES=F) slipped 0.05%, hovering just below the flatline, while futures for the Dow Jones Industrial
Chipotle (CMG) After a rocky earnings report announcing that Chipotle missed the mark while lowering expectations for the year, Chipotle stock sank in after-hours trading. The fast food giant reported earnings of 29 cents per share and revenue of $2.88 billion falling short of the $2.94 billion analysts were looking for. The company’s stock dropped
US economic activity continued to sink this month amid uncertainty around tariff policy. New data from S&P Global out Wednesday showed its flash composite PMI output index for April — which captures activity in the services and manufacturing sectors — fell to 51.2, the lowest in 16 months. Manufacturing activity rose to 50.7, up from