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Stock Market

Dow futures up 300 points on trade talks; China cuts key benchmark rates

US Stock Market Live: Futures on Wall Street are surging after the Trump Administration said that Treasury Secretary Scott Bessent and top trade official Jamieson Greer would meet their Chinese counterparts in Switzerland later this week. Futures on the Dow Jones are up 280 points, while those on the S&P 500 and Nasdaq are up 50 points and 200 points respectively. Watch this space for all the Live updates.US Stock Market Live: Futures on Wall Street are surging after the Trump Administration said that Treasury Secretary Scott Bessent and top...
Stock Market

Dow futures jump 300 points after US, China confirm trade talks

US Stock Market Live: Futures on Wall Street are surging after the Trump Administration said that Treasury Secretary Scott Bessent and top trade official Jamieson Greer would meet their Chinese counterparts in Switzerland later this week. Futures on the Dow Jones are up 280 points, while those on the S&P 500 and Nasdaq are up 50 points and 200 points respectively. Watch this space for all the Live updates.US Stock Market Live: Futures on Wall Street are surging after the Trump Administration said that Treasury Secretary Scott Bessent and top...
Stock Market

Dow Jones falls 380 points after Trump says he does not need to sign tariff deals

US Stock Market LIVE: US stocks are sinking on Tuesday (May 6) as AI mania on Wall Street loses more steam and as more companies scrub their forecasts for upcoming profits because of uncertainty created by President Donald Trump’s tariffs. The S&P 500 was down 1.1% in early trading and on track for a second drop after breaking a nine-day winning streak, its longest such run in more than 20 years.US Stock Market LIVE: US stocks are sinking on Tuesday (May 6) as AI mania on Wall Street loses more steam and...
Currencies

Asia markets mixed as Albanese wins second term; Adani stocks soar, oil retreats

Asian market sentiment was mixed on Monday, with Australian shares retreating, and most major markets closed for public holidays. Investors digested the implications of Prime Minister Anthony Albanese securing a historic second consecutive term—Australia’s first in over two decades—while Indian equities climbed on positive investor sentiment and a strong rally in Adani Group stocks. Meanwhile, oil prices plunged and Asia-Pacific currencies strengthened against a weaker US dollar.Australian markets dip despite Albanese’s re-election Copy link to section Australian equities reversed early gains, with the S&P/ASX 200 falling 0.97% to close at...
Currencies

Tariff Tracker, May 5: Asian banks offload dollar reserves, OPEC+ to increase oil supply | Explained News

Trump trade policy 2025: There seems to be nary a dull moment in tracing the onslaught of the US president’s tariff announcements, and the snowballing effect worldwide.Over the weekend, China, the recipient of 145% in US tariffs, signalled its willingness to embark on talks with the US, provided the US walked back these punitive measures. This was picked up by Asian markets, which have seen their currencies hit record highs against the USD. Decline in the dollar boosting the ‘Sell America’ wave The dollar’s decline continued over the weekend, as...
Stock Market

Dow futures down 225 points after best run in 20 years; Brent slides below $60

US Stock Market Live: Futures on Wall Street have opened with a tinge of caution on Sunday evening US time after benchmark indices registered their longest winning streak in 20 years last week, recovering all the losses made from US President Donald Trump's tariff war in the process. The Dow futures are currently down 125 points, while those on the S&P 500 and Nasdaq are down 25 points and 90 points respectively. Watch this space for all the live updates.US Stock Market Live: Futures on Wall Street have opened with...
Currencies

Dollar’s Decline Is Fueling Dislocations Across Asian FX

(Bloomberg) -- Asian currencies ripped higher against the US dollar Monday, extending a move that’s hurting exporters, weighing on equities and forcing central banks to intervene in the market to curb excessive gains. Most Read from Bloomberg Taiwan’s dollar surged the most since 1988, sending the nation’s benchmark stock index to its steepest slide in nearly a month. The offshore yuan climbed to its highest level in almost six months as exporters repatriated dollar earnings. The Hong Kong dollar held at the strong end of its allowed trading band for...
Stock Market

Dow futures fall after longest winning streak in 20 years; Brent crude sinks below $60

US Stock Market Live: Futures on Wall Street have opened with a tinge of caution on Sunday evening US time after benchmark indices registered their longest winning streak in 20 years last week, recovering all the losses made from US President Donald Trump's tariff war in the process. The Dow futures are currently down 125 points, while those on the S&P 500 and Nasdaq are down 25 points and 90 points respectively. Watch this space for all the live updates.US Stock Market Live: Futures on Wall Street have opened with...
USA Property

Wealthy Chinese turn away from US real estate as Trump amps up trade war with Beijing

Wealthy mainland Chinese are increasingly shifting their attention and capital away from the US to other real estate markets amid rising geopolitical tensions between Washington and Beijing, according to property agents.In 2024, Chinese buyers’ demand for homes that cost more than US$5 million moved to Thailand, Australia and Canada, respectively, according to data tracked by Juwai IQI.By comparison, the US in 2023 was the top choice among Chinese buyers, according to the property portal, which has a network of over 50,000 real estate professionals across more than 30 countries.“Geopolitical friction,...
Stock Market

Forget The Stock Market’s Tariff Turmoil. Trump’s Next 100 Days Could Bring A Bullish Trifecta That Reignites Demand, Expert Says

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. A historic divergence is unfolding across asset classes, with gold surging to its best presidential-term start since Gerald Ford while U.S. stocks post their worst performance since the same era, and Bank of America's chief strategist Michael Hartnett says investors are increasingly betting on policy shifts to rescue the market from soft macroeconomic headwinds. In a note shared Friday, Hartnett outlined how the "second 100 days" of Donald Trump's 2025 presidency could bring...
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