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Stock Market

Dow surges 600 points even as IMF cuts 2025 US growth forecast; Bitcoin tops $90K

US Stock Market LIVE: Futures on Wall Street recovered from the early lows and are now trading with gains after Monday's steep sell-off. The Dow futures, which at one point, were down 80 points, are now trading with gains of close to 350 points, while the S&P 500 and Nasdaq futures are trading with gains of 50 and 180 points respectively. Watch this space for all the Live Updates.US Stock Market LIVE: Futures on Wall Street recovered from the early lows and are now trading with gains after Monday's steep...
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US Dollar Hits Three-Year Low as Stocks Tumble Amid Donald Trump Attacks on Fed Chair

By Hannah Parry is a Newsweek Live Blog Editor based in New York. Her focus is reporting on U.S. politics and society. She has covered politics, tech and crime extensively.Hannah joined Newsweek in 2024 and previously worked as an assistant editor at The U.S. Sun and as a senior reporter and assistant news editor at The Daily Mail. She is a graduate of the University of Nottingham. You can get in touch with Hannah by emailing h.parry@newsweek.com. Languages: English. Hannah Parry and Gabe Whisnant is a Breaking News Editor at...
Currencies

Commission livid as ECB warns of crypto apocalypse under Trump – POLITICO

The official also claimed the ECB has recently been hyping the stablecoin menace to bolster political support for its controversial digital euro project, an effort to build a pan-European payment system that, it says, would shield Europe's financial infrastructure from crypto-assets. Stablecoins denominated in dollars, which are backed primarily by U.S. treasuries, account for 99 percent of the $240 billion market, according to Frankfurt. The central bank fears that allowing dollar-backed stablecoin issuers to offer their product in both the U.S. and the EU could also favor “existing non-EU stablecoin...
Currencies

CORRECTED-EMERGING MARKETS-Asia currencies subdued as Trump continues slamming Fed

(Corrects paragraph 1 and 9 to say Singapore stocks gained for the sixth straight session, not seventh) * Indonesian rupiah leads losses * Asian equities mixed * Stocks in Malaysia snap three straight sessions of losses By Rishav Chatterjee April 22 (Reuters) - Currencies in emerging Asia were subdued on Tuesday, weighed down by President Donald Trump's renewed criticism of the U.S. Federal Reserve, while Singapore equities extended their winning streak into a sixth straight session. An MSCI index of Asian emerging market equities snapped a three-day streak of gains,...
Stock Market

Dow slides more than 950 points as Trump rips Fed Chair Powell, reigniting investor worries

Apr 22, 2025 12:35 AM IST US Stock Market LIVE: Dow drops 1,200 points, S&P 500 loses 3% as Trump again attacks Powell and sows investor doubtStocks fell again on Monday as President Donald Trump ramped up his attacks on Federal Reserve Chair Jerome Powell, raising questions about the central bank’s independence, while traders received little signs of progress on global trade talks.   The Dow Jones Industrial Average traded 1,221 points lower, or 3.1%. The S&P 500 shed 3.3%, and the Nasdaq Composite lost 3.6%.   “Magnificent Seven” tech...
Currencies

Gold prices near ₹1 lakh for 10 grams in India as dollar index hits 3-year low

Gold prices soared to fresh high on Monday as the dollar index in the global markets plunged by 1.13 per cent to a three-year low of 98.10. The dollar index gauges the greenback’s strength against a basket of six currencies. Since gold is a dollar-denominated metal, it becomes cheaper for institutional buyers and hedgers to buy haven gold in other currencies. Gold prices are inversely proportional to the dollar index movement.Gold prices in India were near ₹ 1 lakh for 10 gm, including 3 per cent Goods and Service Tax...
Stock Market

Dow futures extend losses to 350 points; Oil prices see cool off

US Stock Market Live: US futures have extended their losses this morning Indian time, having opened lower. Futures on the Dow Jones are now down 300 points, while those on the S&P 500 and Nasdaq are down 35 and 110 points respectively. Thursday's trading session saw the benchmark indices post their seventh negative week in the last nine. Asian markets, whichever are open for trading, have opened mostly lower. Watch this space for all the Live updates.US Stock Market Live: US futures have extended their losses this morning Indian time,...
Stock Market

Dow futures down 225 points; China keeps key lending rate steady

US Stock Market Live: Stock futures on Wall Street began trading on a negative note on Sunday evening US time, as other global markets also return after a long weekend. Futures on the Dow Jones are down nearly 200 points, while those on the S&P 500 and the Nasdaq are down 25 points and 100 points respectively. Wall Street posted its seventh negative week in the last nine on Thursday. Watch this space for all the Live updates.US Stock Market Live: Stock futures on Wall Street began trading on a...
Stock Market

Dow futures fall over 200 points; Gold prices hover near record highs

US Stock Market Live: Stock futures on Wall Street began trading on a negative note on Sunday evening US time, as other global markets also return after a long weekend. Futures on the Dow Jones are down nearly 200 points, while those on the S&P 500 and the Nasdaq are down 25 points and 100 points respectively. Wall Street posted its seventh negative week in the last nine on Thursday. Watch this space for all the Live updates.US Stock Market Live: Stock futures on Wall Street began trading on a...
Currencies

Should the US Be Worried? – The Diplomat

A decade ago, a traveler from Singapore visiting Bangkok or Jakarta would likely rely on U.S. dollars or a global credit card to settle the bill. Today, things are changing. A Malaysian tourist in Thailand can pay for street food by scanning a QR code, with money instantly debited from their account in ringgit and credited to the vendor in baht. Such small conveniences are part of a broader, quiet revolt in Southeast Asia – a concerted effort by regional governments to reduce their reliance on the U.S. dollar in...
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