It’s been one of the most chaotic stretches for US markets in recent memory. And the massive surge in long-term Treasury yields has served as yet another example of the bizarre trading action in the aftermath of Trump’s tariff-fueled “Liberation Day.” The 10-year yield (^TNX) jumped 17 basis points to kick off the week, a
The S&P 500 fell over 10% last Thursday and Friday, one of the worst two-day sell-offs we’ve seen in market history. In response, US investors did what they’ve come to do best — buy the dip. Data from Bank of America published Tuesday showed the firm’s clients were net buyers of $8 billion worth of
The stock market has been reeling since Trump’s “Liberation Day” tariff announcement back on April 2. But even before this shock announcement tipped the Nasdaq into a bear market and sent the S&P 500 down 10% in two trading days, stocks had struggled this year as the reality of Trump’s desire to impose tariffs on
US President Donald Trump has presented a “Gold Card” that would give rich immigrants the right to stay in the United States indefinitely. “For 5 million dollars this could be yours,” he said on Thursday on board the presidential aircraft Air Force One. Several videos published in the US media showed Trump holding out the
Gold moved further away from its latest record high, swept up in the pessimistic mood that hit global markets in the wake of US President Donald Trump’s more-aggressive-than-expected tariff agenda. The precious metal initially surged to a fresh all-time high of $3,167.84 an ounce on Thursday following Trump’s “reciprocal” tariff announcements, which placed baseline import
Donald Trump has offered a rosy assessment after the US stock market dropped sharply on Thursday over his tariffs, saying: “I think it’s going very well.” “The markets are going to boom, the stock is going to boom, the country is going to boom,” he said when asked about the market as he left the
MAGA fan and musician Kid Rock sent tongues wagging as he visited Donald Trump in Washington, DC on Monday but it turns out he lives in his own replica version of the White House. The 54-year-old Bawitdaba hitmaker lives atop the hills outside of Nashville, Tennessee in a mini version of the official residence and workplace
Donald Trump is considering an extraordinary 20 percent global tariff on all imports, sparking fears of recession and a market bloodbath around the world. Asia-Pacific markets plunged on Monday, with others expected to follow ahead of Trump’s ‘Liberation Day’ on April 2. He spent his election campaign and his first three months in the White House touting
US stock futures edged up after President Donald Trump’s fast-moving trade policy led to another volatile trading day on Wall Street. Futures attached to the Dow Jones Industrial Average (YM=F) and the benchmark S&P 500 (ES=F) fluttered 0.2%. Futures attached to the tech-heavy Nasdaq Composite (NQ=F) rose 0.3%. CBOT – Delayed Quote • USD As
President Donald Trump was unusually mum on Monday as the Stock Market started tanking a day after he refused to rule out a recession, while a key ally predicted ‘a little bit of pain.’ The president was nowhere to be seen as the Dow tumbled nearly 900 points amid renewed fears of a damaging trade war,