US stocks have been under intense pressure since US President Donald Trump announced on Tuesday that he was considering imposing additional tariffs of 50% on US steel and aluminum imports from Canada, which are scheduled to take effect next Wednesday.This tariff comes as part of an escalation against the Ontario …
Read More »Tesla’s Stock Volatility and Trump’s Response
Tesla’s stock experienced a significant 15% drop, triggering a response from US President Donald Trump. While Trump attributed the decline to a “radical left” boycott against Elon Musk, financial analysts pointed to concerns over Tesla’s production targets, declining sales, and the broader economic impact of Trump’s own tariff policies. …
Read More »Bitcoin Falls Amid Recession Fears and Tariff Risks
Bitcoin fell on Tuesday, briefly hitting a fresh four-month low as investor risk appetite was eroded by mounting concerns over a potential U.S. recession and the uncertainty surrounding further trade tariffs under President Donald Trump. Broader crypto markets also declined, as Trump’s recent announcement of a national crypto stockpile failed …
Read More »Asian Markets Slide as U.S. Recession Fears and Tariff Uncertainty Weigh on Tech Sector
Asian stock markets tumbled on Tuesday, led by sharp declines in the technology sector, as investors reacted to Wall Street’s overnight sell-off amid mounting recession fears in the U.S. These fears are fueled by uncertainty surrounding President Donald Trump’s trade policies and the chaotic rollout of his tariffs. Major U.S. …
Read More »US stocks suffer huge losses after Trump talks about recession
US stocks have been falling sharply since the start of daily trading on Monday after headlines focused on statements made by US President Donald Trump in a television interview conducted with him at the end of last week.During that interview, the US president did not rule out the possibility of …
Read More »Bitcoin Falls Amid Crypto Reserve Disappointment and Tariff Concerns
Bitcoin extended its losses on Monday, falling 4.2% to $82,417.7 by 01:39 GMT and nearing a four-month low, as investor enthusiasm waned over U.S. President Donald Trump’s formation of a strategic crypto reserve and the recent White House crypto summit. The digital asset remained above the $80,000 level but continued …
Read More »Bitcoin Extends Losses Amid Disappointing Crypto Reserve, Tariff Fears, and Economic Uncertainty
Bitcoin continued its downward trajectory on Monday, extending a recent run of losses as market participants remained unimpressed by President Donald Trump’s announcement of a strategic cryptocurrency reserve and his White House crypto summit. The world’s largest cryptocurrency fell 4.2% to $82,417.7 by 01:39 GMT, bringing it near a four-month …
Read More »Wall Street Swings post-NFP as Trade Policies and Economic Concerns Roil Investors
The S&P 500 experienced a volatile session on Friday, capping a challenging week with its steepest decline in several months. Investors wrestled with a mix of trade policy developments and lackluster economic data, leaving markets on edge.The Dow Jones Industrial Average, the S&P 500, and the Nasdaq Composite all saw …
Read More »Powell’s Path: Steering Through Economic Uncertainty
Federal Reserve Chair Jerome Powell struck a cautious tone on Friday, highlighting the challenges posed by policy uncertainty in shaping monetary policy. He pointed to the unpredictability surrounding the Trump Administration’s policies and their economic implications as a significant factor.Powell emphasized that while long-term inflation expectations remain stable and aligned …
Read More »U.S. Job Growth Provides Dovish Boost Despite Higher Unemployment
The U.S. economy added 151,000 nonfarm payroll jobs in February, a figure that was lower than the 159,000 forecast but marked an improvement from the revised January total of 125,000, according to data from the Bureau of Labor Statistics released on Friday. The unemployment rate edged up to 4.1%, slightly …
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