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Asian shares and U.S. futures slipped Thursday after U.S. stocks drifted to a mixed close on Wall Street.Oil prices fell more than $1 a barrel. China moved to reverse some of its “non-tariff” measures against the U.S. as agreed with Washington in their temporary trade war cease-fire and most markets traded in a narrow range.Japan’s Nikkei 225 index dropped 1.1%, however, to 37,705.74. Computer chip-related stocks were among the biggest decliners, with Disco Corp. falling 2.6% and Advantest down 1.8%. Hong Kong’s Hang Seng was the outlier, picking up 0.2%...

NEW YORK: Global shares rallied, while gold and safe-haven currencies slumped against a resurgent dollar on Monday (May 12) as the US and China agreed to temporarily slash harsh reciprocal tariffs and cooperate to avoid rupturing the global economy. Following weekend talks in Geneva, both sides agreed that the US would drop levies on Chinese imports from 145 per cent to 30 per cent during a 90-day negotiation period and China would cut duties from 125 per cent to 10 per cent. Wall Street stocks made significant gains, with the...

The crash's impact was felt inside the Paris Stock Exchange in France.San Francisco Chronicle/Hearst Newspapers/Hearst Newspapers via Getty Images President Trump's tariff announcements have unsettled the financial markets. This instability recalls past crises, like the Black Monday 1987 stock market crash. Black Monday saw a 20.5% S&P 500 drop, the most drastic in financial history. President Donald Trump's tariff announcements have shaken up financial markets in recent weeks. For some, this economic instability has brought to mind past financial crises, like the Great Recession, the Great Depression, and the October...

NEW YORK — (AP) — U.S. stocks jumped in a widespread rally Tuesday, and other U.S. investments steadied a day after falling sharply on worries about President Donald Trump's trade war and his attacks on the head of the Federal Reserve.The S&P 500 climbed 2.5%. The Dow Jones Industrial Average rose 1,016 points, or 2.7%, and the Nasdaq composite gained 2.7%. All three indexes more than made up their big losses from the start of the week.The value of the U.S. dollar also stabilized after sliding against the euro and...

NEW YORK — (AP) — U.S. stocks are rising Tuesday as companies report fatter profits than expected, and other U.S. investments are also steadying themselves a day after sliding sharply on worries about President Donald Trump's trade war and his attacks on the head of the Federal Reserve.The S&P 500 was 1% higher in early trading and on track to recover more than a third of Monday’s drop. The Dow Jones Industrial Average was up 417 points, or 1.1%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was...

NEW YORK — (AP) — U.S. stocks jumped in a widespread rally Tuesday, and other U.S. investments steadied a day after falling sharply on worries about President Donald Trump's trade war and his attacks on the head of the Federal Reserve.The S&P 500 climbed 2.5%. The Dow Jones Industrial Average rose 1,016 points, or 2.7%, and the Nasdaq composite gained 2.7%. All three indexes more than made up their big losses from the start of the week.The value of the U.S. dollar also stabilized after sliding against the euro and...

Maurie Backman  |  The Motley FoolUS stocks suffer worst quarter since 2022 amid tariffs fearsTwo major US stock indexes ended their worst quarter in over two years, with the S&P 500 dropping 4.5% and the Nasdaq dipping 10.4%.The Dow Jones dropped 1.3%, marking its first consecutive monthly loss since October 2023, as the broader market faces uncertainty ahead of Trump's new tariffs.unbranded - NewsworthyA tumbling stock market has many Americans worried about their retirement portfolios. And if you feel similarly, that's quite understandable.Even if you've been through a stock market...

Wall Street’s main benchmark, the S&P 500, has lost more than 16 percent since setting an all-time high on Feb. 19, mostly because of worries about President Donald Trump’s tariffs.Any kind of uncertainty around the economy will give Wall Street pause, but the trade war is making it more difficult for companies, households and others to feel confident enough to invest, spend and make long-term plans.The tariffs announced on “Liberation Day” sent stocks reeling to their worst day since since the COVID crash of 2020 because they were much harsher...

President Donald Trump doubled down on his global tariffs Thursday, likening the U.S. economy to a ‘very sick’ patient who came out of an operation. “It’s gonna be a booming country, very booming country. It’s going to be amazing, actually,” Trump said to reporters aboard Air Force One on his way down to one of his Florida golf clubs. President Donald Trump doubled down on his global tariffs Thursday, likening the U.S. economy to a ‘very sick’ patient who came out of an operation. “It’s gonna be a booming country,...

HONG KONG -- Asian shares slid further Friday after U.S. President Donald Trump's tariffs sent shudders through Wall Street at a level of shock unseen since the COVID-19 pandemic pummeled world markets in 2020. Everything from crude oil to Big Tech stocks to the value of the U.S. dollar against other currencies has fallen. Even gold, a traditional safe haven that recently hit record highs, pulled lower after Trump announced his “Liberation Day” set of tariffs,’ which economists say carries the risk of a potentially toxic mix of weakening economic...