archivePresident Trump

Stock Market

Dow, S&P 500, Nasdaq futures jump as court blocks Trump tariffs, Nvidia earnings impress

US stock futures rose after a US trade court blocked some of President Trump's tariffs, and Nvidia (NVDA)'s mixed earnings report impressed Wall Street despite the company's warnings on chip curbs. Futures attached to the Dow Jones Industrial Average (YM=F) rose 1.3%. Futures attached to the benchmark S&P 500 (ES=F) rose 1.5%. Futures attached to the tech-heavy Nasdaq 100 jumped (NQ=F) 1.9%. On Wednesday evening, a panel of judges at the US Court of International Trade took aim at Trump's trade agenda, blocking global tariffs imposed citing emergency powers on...
Stock Market

Dow, S&P 500, Nasdaq slip with all eyes on Nvidia earnings

Here's a look at some top movers trending ahead of the opening bell: Abercrombie & Fitch (ANF) stock rocketed 27% higher in premarket trading after the retailer reported better-than-expected first quarter results and forecast strong annual sales. Adjusted earnings came in at $1.59 per share, beating expectations for $1.39 per share, as the company's Hollister brand has been resonating more with younger consumers, Reuters reported. Trump Media & Technology Group (DJT) shares rose 2% after unveiling plans Tuesday to raise $2.5 billion to create a bitcoin (BTC-USD) treasury. The move...
Stock Market

Dow, S&P 500, Nasdaq soar as Trump pauses EU tariff hikes for fast-tracked talks

Wall Street is keeping a close eye on the bond market after long-term Treasury yields spiked last week as investors reassessed the US fiscal outlook in light of President Trump's proposed tax legislation. The 30-year Treasury yield (^TYX) surged as high as 5.15% last week, hovering near its highest level since 2007. Yields pulled back slightly in early Tuesday trading, with the 30-year yield dipping back below 5% following reports that Japan's central bank may scale back its own bond issuance. Still, investor anxiety remains elevated. While ballooning deficits have...
Stock Market

Dow, S&P 500, Nasdaq futures soar as Trump pauses EU tariff hikes for fast-tracked talks

Asia-Pacific markets mostly declined Tuesday as investors digested the implications of US President Donald Trump's decision to defer 50% tariffs on European Union imports, sparking fresh concerns about the global trade outlook. Japan’s Nikkei 225 (^N225) slipped 0.2% to 37,451.60, while the broader Topix index was flat. The decline followed comments from Bank of Japan Governor Kazuo Ueda, who signaled that interest rate hikes could be on the horizon due to rising inflation. Mainland China’s CSI 300 (83188.HK) dipped 0.6% despite data showing industrial profits rose 1.4% in April, up...
Stock Market

Dow, S&P 500, Nasdaq futures leap as EU tariff delay bolsters market optimism

US stock futures jumped Monday night following President Trump's decision to delay a broad 50% tariff on all EU products from June to July to allow time for negotiations. Futures tied to the Dow Jones Industrial Average (YM=F) rose 0.9%, with S&P 500 contracts (ES=F) flying up 1.1%. Futures for the tech-heavy Nasdaq 100 (NQ=F) surged 1.3%. The jumps followed Trump’s Sunday announcement that he would postpone a 50% tariff on EU imports until July 9. The move came after a request from European Commission President Ursula von der Leyen,...
Stock Market

Dow, S&P 500, Nasdaq trim losses as Trump threatens Apple, EU with new tariffs

Solar stocks rebounded on Friday but were still on track to close out the week with steep losses as Wall Street assesses last-minute changes slipped into the tax-and-spending bill approved by the House this week, which threaten to disrupt the industry. SolarEdge (SEDG), Sunrun (RUN), Complete Solaria (SPWR), and Enphase Energy (ENPH) were among the biggest decliners this week, all down double-digit percentages. Most of the damage to the sector came on Thursday after the “big, beautiful bill” passed by one vote called for ending key investment and production tax...
Stock Market

Dow, S&P 500, Nasdaq futures waver as Wall Street digests Trump’s trade and tax agendas

Asian markets mostly advanced overnight Thursday as investors weighed regional economic data and fresh diplomatic signals between the US and China. Japan’s Nikkei 225 (^N225) rose 1% with the government recording core inflation at 3.5%, the highest in over 2 years. South Korea’s Kospi (^KS11) added 0.4% despite weakness in Korean tech stocks. Australia’s S&P/ASX 200 (^AXJO) climbed 0.3%, led by gains in miners and banks. Hong Kong’s Hang Seng Index (^HSI) and China’s CSI 300 (000300.SS) were flat at the open, as caution prevailed among investors navigating mixed economic...
Stock Market

Dow, S&P 500, Nasdaq drop as Trump threatens Apple, EU with new tariffs

US stock futures turned sharply lower after President Trump threatened new tariffs on the European Union and Apple (AAPL). In addition to warning Apple of a 25% tariff (see post below), Trump proposed applying a 50% tariff on all EU goods starting June 1 after trade talks stalled. "The European Union, which was formed for the primary purpose of taking advantage of the United States on TRADE, has been very difficult to deal with," Trump posted on Truth Social. "Our discussions with them are going nowhere! Therefore, I am recommending...
Stock Market

Dow, S&P 500, Nasdaq seesaw as bond sell-off eases after House OKs Trump tax bill

The US dollar is under pressure as global investors grow increasingly wary of America's fiscal trajectory. Once seen as a reliable safe haven, the greenback is now facing renewed skepticism, with strategists telling Yahoo Finance that capital is shifting toward undervalued currencies in Europe and Asia amid expectations of foreign stimulus and more attractive valuations abroad. The US Dollar Index (DX-Y.NYB) — which tracks the dollar's value against a basket of major currencies including the euro, Japanese yen, British pound, Canadian dollar, Swedish krona, and Swiss franc — has dropped...
Stock Market

Dow, S&P 500, Nasdaq futures trade flat as Wall Street braces for Trump’s tax bill

US stock futures traded flat as a vote on President Trump's "big, beautiful" tax bill neared. Futures attached to the Dow Jones Industrial Average (YM=F) slipped 0.1%. Futures attached to the benchmark S&P 500 (ES=F) and the tech-heavy Nasdaq 100 (NQ=F) flatlined. On Wednesday evening, House Speaker Mike Johnson said he plans to move ahead with a vote on Trump's tax legislation as soon as tonight despite Republican lawmakers in the House Freedom Caucus maintaining the bill is "not ready." Johnson revealed earlier on Wednesday the bill would include a...
1 18 19 20 21 22 31
Page 20 of 31