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Stock Market

Dow, S&P, Nasdaq marginally up

US Stock Market Live: The Dow Jones opened lower but rose 50 points. S&P is up 11 points, and Nasdaq is up 50 points. Stocks gained as bond yields fell, but Fed chair warned rates may stay high. Trump announced major FDI.US Stock Market Live: The Dow Jones Industrial Average has opened Friday's trading session on Wall Street in the red, trading 80 points lower, before it ticked up into the green, rising 50 points. Meanwhile, S&P is marginally up, 11 points, and the Nasdaq Composite Index is up 50...
Stock Market

Dow futures up 150 points; UAE to buy top American AI chips

US Stock Market Live: Futures on Wall Street are trading with gains indicating a positive start for Wall Street on the final trading day of the week. The Dow futures are up 150 points, while the S&P 500 and Nasdaq futures are up 15 points and 50 points respectively. Stocks had received a boost on Thursday as bond yields fell in anticipation of more rate cuts from the US Federal Reserve, after some disappointing macro data. Watch this space for all live updates.US Stock Market Live: Futures on Wall Street...
Stock Market

Dow drops more than 100 points Friday as investors await US-China trade talks

US Stock Market Highlights: The Dow Jones Industrial Average slipped on Friday (May 9) as investors looked ahead to key trade talks between U.S. and Chinese officials scheduled for the weekend. The Dow shed 119.07 points, or 0.29%, to close at 41,249.38. The S&P 500 edged down 0.07% to end at 5,659.91, while the Nasdaq Composite was nearly flat, finishing at 17,928.92.US Stock Market Highlights: The Dow Jones Industrial Average slipped on Friday (May 9) as investors looked ahead to key trade talks between U.S. and Chinese officials scheduled for...
Stock Market

Dow Jones drops 100 points after Trump hints that ‘many trade deals’ are close

May 9, 2025 11:20 PM ISTUS Stock Market LIVE: Citigroup, Barclays see ‘mountain of money’ for risky debtTop bankers from Citigroup Inc. and Barclays Plc who are underwriting new deals see investors ready to jump on risky debt, despite expectations of an economic slowdown.   “There’s a lot of liquidity in the bond market,” Citigroup’s head of debt capital markets, Richard Zogheb, said in a Bloomberg Television interview Friday. “You’ve got north of a $1 trillion in private credit, and well north, multiple trillions in fixed-income markets, the regular way...
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...
Currencies

Market Turbulence: Tariffs Tighten Grip on Economic Outlook

Following steep declines on Monday, U.S. equities continued to lose ground on Tuesday. President Donald Trump's decision to double tariffs on Canadian metal imports has fueled fears of an economic recession. Despite the bearish trend, U.S. Treasury yields climbed, accompanied by a rise in oil prices.Investors were unsettled by Trump's refusal to rule out a recession due to his trade policies. Adding to market jitters, small-business confidence dropped for the third consecutive month in February. Analysts like Phil Blancato from Osaic Wealth highlight a slowdown in consumer spending as...
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