Japanese Finance Minister Katsunobu Kato said he’ll seek another opportunity to talk with his US counterpart Scott Bessent next week to discuss currency matters, building on their dialogue last month.“We confirmed that currency rates should be determined by the market, and that excessive volatility can harm the economy and financial stability,” Kato said Friday at a post-cabinet meeting press conference, referring to his April bilateral meeting with the US Treasury secretary in Washington. “I’m looking for a chance to speak with Bessent again next week to discuss these points, if...
Investors worldwide are assessing the US-China deal to reduce their hefty rates of reciprocal tariffs, slashed by 115 percentage points to 10% on both sides. Aaron Hill, FP Markets' chief analyst This "marks a pivotal moment in global trade dynamics. However, the 90-day timeframe indicates these tariff cuts are a negotiation tactic rather than a permanent resolution, creating uncertainty about long-term trade policies." Kenneth Broux, Societe Generale senior FX and rates strategist "There is a de-escalation between China and U.S. resulting in a reduction of tariff on Chinese goods to...
Four times a year, US companies give away more information about their business than they'd like. For investors, this quarterly ritual is a chance to get an update on the state of America's largest companies, the overall economy, and get a certain outline of where things are headed next. But the earnings period is starting to look like it might fall way short of meeting these marks. For one thing, companies are pulling guidance left and right because of uncertainty related to Trump's tariffs. American Airlines (AAL) is just the...
US Stock Market Live: Futures on Wall Street are now in the red, indicating a possible start in the red after two days of gains. Futures tied to the Dow Jones are down 150 points, while those on the S&P 500 and Nasdaq are down 15 points and 80 points respectively. Futures had nearly recovered all their losses, with S&P 500 and Nasdaq futures even turning positive, but turned course yet again. Watch this space for all the Live updates.US Stock Market Live: Futures on Wall Street are now in...
US Stock Market Live: Futures on Wall Street are now in the red, indicating a possible start in the red after two days of gains. Futures tied to the Dow Jones are down 150 points, while those on the S&P 500 and Nasdaq are down 15 points and 80 points respectively. Futures had nearly recovered all their losses, with S&P 500 and Nasdaq futures even turning positive, but turned course yet again. Watch this space for all the Live updates.US Stock Market Live: Futures on Wall Street are now in...
US Stock Market Live: Futures on Wall Street are now in the red, indicating a possible start in the red after two days of gains. Futures tied to the Dow Jones are down 150 points, while those on the S&P 500 and Nasdaq are down 15 points and 80 points respectively. Futures had nearly recovered all their losses, with S&P 500 and Nasdaq futures even turning positive, but turned course yet again. Watch this space for all the Live updates.US Stock Market Live: Futures on Wall Street are now in...
Apr 24, 2025 8:59 AM ISTUS Stock Market Live: Chris Wood Of Jefferies Says 'Best Over For Wall Street'US stocks’ market value has reached its peak and further corrections in equities, Treasury bonds, and the dollar are likely, according to Jefferies’ global head of equity strategy. Investors should consider adding Chinese, Indian and European assets in rebalancing their portfolios, Jefferies’ Christopher Wood said in a phone interview. US stocks’ market capitalization, as a percentage of that of the MSCI All Country World Index, reached its all-time high in late December,...
US Stock Market Live: Benchmark indices on Wall Street gained for the second day in a row on Wednesday, but could not hold on to the initial euphoria of strong gains for two consecutive sessions. Futures this Thursday morning, Indian time, are trading in the red, although the losses are minimal. The Dow futures are currently trading 80 points lower, while those of the S&P 500 and the Nasdaq are trading at the flat line. Watch this space for all the Live updates.US Stock Market Live: Benchmark indices on Wall...
US Stock Market Live: US stocks rose on Wednesday as investors hoped US-China trade tensions would ease. Trump stated his intention not to fire Fed Chair Jerome Powell and expressed willingness to reduce tariffs on Chinese imports.US Stock Market LIVE: Stocks rose on Wednesday as investors hoped US-China trade tensions would ease.The Dow Jones Industrial Average rose 534 points, or 1.4%. The S&P 500 climbed 1.8%, and the Nasdaq Composite rallied 2.7%.Trump said he’s willing to take a less confrontational approach to trade talks with China, noting that the current...