Market Update

Markets kicked off last week on a cautious note after President Donald Trump announced late Friday a 100% tariff on Chinese imports. By week’s end, Trump had softened his stance, calling the current tariffs on China “unsustainable” and confirming plans to meet with Chinese President Xi Jinping later this month …

After a turbulent week marked by financial sector jitters and political uncertainty, the Dow Jones Industrial Average staged a strong comeback on Friday, climbing roughly 300 points from recent lows. The late-week rally helped the index reclaim key technical levels, signaling a tentative return of investor confidence.The rebound followed a …

Gold’s meteoric rise hit a speed bump on Friday, slipping 2% from its all-time high after U.S. President Donald Trump signaled a more measured approach toward China. The precious metal, which had soared to an unprecedented $4,379 per ounce earlier in the day, fell below $4,250 as investor sentiment shifted.The …

The United States government shutdown entered its 17th day on Friday, making it the third-longest in modern American history as lawmakers remain deadlocked over a funding agreement. The Senate has failed ten times to advance legislation that would reopen the government, and with the upper chamber now adjourned for the …

The euro remained stable on Friday, supported by renewed political calm in France after recent tensions subsided. The easing of uncertainty in Paris helped boost confidence across European markets, giving the common currency a modest edge over the British pound.In contrast, the pound continues to struggle under the weight of …

Bitcoin’s price dropped again in October, stirring memories of past downturns that often came just before major rebounds. Despite the gloomy headlines, many investors believe this decline could mark the start of a new recovery phase.As the market cools, smaller investors have been quietly adding to their holdings, showing confidence …

U.S. regulators are preparing a proposal aimed at giving community banks more room to lend by easing existing capital requirements. The move comes as part of a broader effort to support smaller lenders and stimulate credit flow to local economies.The plan would lower the community bank leverage ratio — a …

Trade Tensions and Rate Cut Bets Push the Dollar DownThe US Dollar is facing significant downward pressure, extending a losing streak as escalating trade tensions and growing expectations for looser monetary policy from the central bank weigh on the currency. Concerns over the worsening trade dispute between the United States …

U.S. stock index futures slipped further on Friday, extending the previous session’s selloff as renewed concerns over regional bank stability, U.S.-China trade frictions, and the prolonged government shutdown pressured market sentiment. At 06:10 ET (10:10 GMT), Dow Jones Futures were down 340 points (0.7%), S&P 500 Futures lost 67 points …

Crude on Track for 3% Weekly LossOil prices extended their decline on Friday, heading toward a weekly loss of nearly 3%, as traders weighed the impact of a surprise diplomatic breakthrough between U.S. President Donald Trump and Russian President Vladimir Putin alongside bearish supply data from the Energy Information Administration …