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
(Bloomberg) — Gold rose at the end of a volatile week as investors focused on the outcome of upcoming trade talks between the world’s two largest economies. Most Read from Bloomberg Bullion traded around $3,325 while heading for a weekly gain of more than 2.5%. The Trump administration is weighing a dramatic tariff reduction on
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
US stock futures rose on Friday as a possible thawing in US-China trade tensions boosted spirits after earnings from Apple (AAPL) and Amazon (AMZN) shed light on the likely cost of tariffs. Dow Jones Industrial Average futures (YM=F) moved up roughly 0.5%, coming off an eighth straight day of gains for the blue-chip index. S&P
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
US stock futures edged higher Thursday after a rough session the day before, lifted by signs of progress in US-Japan trade talks that fueled hopes for tariff relief. The rebound follows a sharp sell-off driven by concerns over the economic fallout of President Trump’s trade policies. Futures attached to the Dow Jones Industrial Average (YM=F)