China swiftly responded to new U.S. tariffs, escalating tensions between the world’s two largest economies, even as President Donald Trump temporarily spared Canada and Mexico. Key Developments: U.S. Tariffs Take Effect: A 10% tariff on all Chinese imports to the U.S. started at 12:01 a.m. ET Tuesday. Trump justified the …

Bitcoin and other major cryptocurrencies rebounded on Tuesday as markets welcomed U.S. President Donald Trump’s decision to delay new tariffs on Canada and Mexico, easing liquidity concerns and encouraging dip buying. Crypto Market Movements Bitcoin (BTC): +5.6% to $99,327.5 Briefly surged past $100,000 on Monday evening after the tariff delay. …

Gold prices rose slightly in Asian trade on Tuesday, staying near record highs as safe-haven demand remained strong due to renewed U.S.-China trade tensions. Market Movements Spot gold: Up to $2,815.35 per ounce, near record high of $2,831.70 Gold futures (March): Down 0.4% to $2,846.64 per ounce Platinum futures: Down …

Semiconductor stocks tumbled on Monday as President Donald Trump’s tariffs on Mexico, Canada, and China intensified trade tensions, sparking investor uncertainty. Key Market Moves Nvidia (NVDA): Down 2% AMD (AMD): Down 1.6% Broadcom (AVGO): Down 2% Qualcomm (QCOM): Down 1.9% Texas Instruments (TXN): Down 1.4% Intel (INTC): Down 1.4% TSMC: …

The U.S. dollar soared on Monday, hitting a three-week high after President Donald Trump’s latest tariffs fueled demand for safe-haven assets. Key Moves in the Currency Market Dollar Index: Up 1% to 109.305 (09:30 GMT), after touching a three-week high. Chinese Yuan (Offshore): Fell to a record low against the …

Oil prices climbed on Monday as U.S. President Donald Trump imposed tariffs on Canada, Mexico, and China, raising fears of potential supply disruptions. However, concerns over a broader trade war limiting global economic growth capped gains. Key Oil Price Moves: Brent crude futures rose 1.03% to $76.45 per barrel (0933 …

European stocks retreated sharply on Monday, mirroring a global selloff as investors feared an escalating trade war after U.S. President Donald Trump imposed new tariffs on China, Canada, and Mexico. Market Reaction: STOXX 600 index fell 1.4% by 0810 GMT S&P 500 futures dropped 1.3%, signaling a weak Wall Street …

Gold prices fell on Monday, pulling back from record highs as the U.S. dollar surged following President Donald Trump’s new trade tariffs on China, Canada, and Mexico. Market Reaction: Spot gold dropped 0.7% to $2,780.56 per ounce Gold futures (April contract) declined 0.8% to $2,810.30 per ounce Spot gold had …

Cryptocurrency markets tumbled sharply on Monday, as risk appetite took a hit following U.S. President Donald Trump’s decision to impose new trade tariffs on China, Canada, and Mexico. Market Impact: Bitcoin (BTC) plummeted 10% to $91,695.8 Ethereum (ETH) slumped 22.7% to $2,434.84 $TRUMP memecoin, launched by Trump in January, hit …

Exxon Mobil Corporation (NYSE: XOM) reported strong fourth-quarter earnings that beat analyst expectations, though revenue came in lower than projected. Despite this, the company’s stock rose 0.9% following the announcement. Key Financial Highlights – Q4 2024: Earnings: $7.6 billion ($1.72 per share) Adjusted Earnings (Excluding Identified Items): $1.67 per share …