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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

Nasdaq enters correction, S&P 500 sinks to lowest since November as stocks get clobbered on Trump tariff whiplash

The markets sank back toward session lows on Thursday after President Trump announced that tariffs on goods and services from Mexico that fall under the US-Mexico-Canada trade agreement (USMCA) would be delayed until April 2. However, the president did not say the same about Canada. "After speaking with President Claudia Sheinbaum of Mexico, I have agreed that Mexico will not be required to pay Tariffs on anything that falls under the USMCA Agreement. This Agreement is until April 2nd," Trump wrote on Truth Social. "I did this as an accommodation,...