The Dow Jones Industrial Average (DJIA) cratered 800 points on May 21, 2025, sliding below 42,000 as investors grappled with soaring US deficits and tariff uncertainties under President Donald Trump. Closing at 21.161, per real-time data, the index reflects growing unease over a $36 trillion debt pile and fading hopes …
Read More »U.S. Stock Futures Decline Amid Economic Jitters, Tariff Risks, and Focus on Trump’s Tax Bill
U.S. stock index futures extended their losses early Wednesday, reflecting mounting investor anxiety over the state of the U.S. economy, the implications of fresh trade frictions, and uncertainty surrounding President Donald Trump’s proposed tax legislation. At 05:30 ET (09:30 GMT), Dow Jones Futures dropped 265 points, or 0.2%, while S&P …
Read More »Bitcoin Nears Record High as U.S. Senate Advances Stablecoin Bill, But Trade and Fed Concerns Linger
Bitcoin extended its rally on Wednesday, inching closer to its all-time high after the U.S. Senate made key progress on the GENIUS Act, a landmark piece of legislation designed to establish a federal regulatory framework for stablecoins. The leading cryptocurrency rose 1.4% to $107,595.50 as of 01:42 ET (05:42 GMT), …
Read More »Bitcoin Rises as Stablecoin Bill Advances in Senate, Market Eyes Trump Tax Vote
Bitcoin extended its upward momentum on Tuesday as the U.S. Senate cleared a major procedural hurdle for the long-anticipated GENIUS Act—a bill that would establish a federal framework for stablecoin regulation. The move marks a significant step toward broader institutional support and regulatory clarity for the crypto sector, further fueling …
Read More »Bitcoin Nears Record High as Trade Relief, Rate-Cut Hopes and Credit Woes Fuel Rally
Bitcoin continued its upward march on Monday, climbing 1.4% to $104,815.5 by 02:51 GMT, after briefly breaching $107,000 earlier in the session. The token is now trading at its highest level since January 2025, just shy of its all-time high of $109,228, as a confluence of macroeconomic tailwinds and investor …
Read More »Weekly market recap: US dollar and Stocks challenged negativity
US dollar closed this week’s trading with modest gains as it managed to make the best use of optimism around the future of trade between the two largest economies all over the world after USA and China announced an agreement on temporary tariffs cut for 90 days. Dollar gains were …
Read More »U.S. Futures Tick Higher as Rate Cut Bets Firm, Barclays Scraps Recession Call
U.S. stock index futures edged higher in early Friday trading, stabilizing after a mixed performance on Wall Street, as investors weighed a run of soft economic data that bolstered expectations for interest rate cuts later this year. At 05:35 ET (09:35 GMT), Dow Jones Futures rose 90 points, or 0.2%, …
Read More »White House Unveils ‘New’ AI and Energy Deals with Gulf States
The Trump administration unveiled a series of high-profile deals spanning the AI and energy sectors with the United Arab Emirates (UAE) on Thursday, May 15, 2025, at 11:03 PM +04, sparking optimism about economic collaboration. However, despite the enthusiastic tone from administration sources, many of these agreements appear to be …
Read More »Can US Stocks Sustain Their Winning Streak Amid Mixed Economic Signals?
US stock markets showed resilience on Thursday, May 15, 2025, at 09:06 PM +04, as the S&P 500 eked out a 0.3% gain, marking its fourth consecutive day of gains, while the Dow Jones Industrial Average rose 121 points, or 0.2%, to 42,377 points. The Nasdaq Composite, however, slipped 0.07% …
Read More »Wall Street Futures Slip as Focus Shifts to Economic Data and Walmart Earnings
U.S. stock index futures slipped on Thursday, easing from a strong week-to-date rally as investors awaited fresh inflation readings and retail sales data that could shape the Federal Reserve’s next move on interest rates. At 05:50 ET (09:50 GMT), Dow Jones Futures fell 135 points, or 0.3%, while S&P 500 …
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