archiveTrump Liberation Day

Stock Market

Dow jumps 500 points, S&P 500 posts longest win streak in 20 years as stocks claw back tariff losses

US Stock Market Highlights: US stocks surged on Friday (May 2) after a stronger-than-expected April jobs report helped calm recession concerns, pushing the S&P 500 to its longest winning streak in over 20 years. US Stock Market Highlights: US stocks surged on Friday (May 2) after a stronger-than-expected April jobs report helped calm recession concerns, pushing the S&P 500 to its longest winning streak in over 20 years. The S&P 500 rose 1.47% to close at 5,686.67, marking its ninth consecutive day of gains — the longest such streak since...
Stock Market

Dow jumps 550 points on solid jobs report, S&P 500 heads for longest winning streak in 20 years

US Stock Market LIVE: US stocks rose in trading on Wall Street Friday (May 2) following a stronger-than-expected report on the U.S. job market. The S&P 500 gained 1.3%, putting the index on track for a ninth straight day of gains. The Dow Jones Industrial Average rose 449 points, or 1.1%, as of 11:06 a.m. Eastern. The Nasdaq composite rose 1.4%. The gains were broad. Technology stocks were among the companies doing the heaviest lifting.US Stock Market LIVE: US stocks rose in trading on Wall Street Friday (May 2) following...
Stock Market

Dow futures up 320 points; StanChart, ING beat estimates in Q1

May 2, 2025 10:27 AM ISTUS Stock Market Live: Standard Chartered Beats Estimates In Q1Standard Chartered on Friday beat first-quarter profit expectations on the back of strong growth in its wealth management and global markets businesses. The bank’s reported profit before taxation for the three months ended in March was $2.103 billion, up from $1.91 billion in the same period a year ago. “We delivered a strong performance in the first quarter of 2025, with earnings per share up 19%, driven by double-digit income growth in Wealth Solutions, Global Markets...
Currencies

Donald Trump Announces 26% ‘Discounted’ Reciprocal Tariff On India: How Could It Impact The Indian Stock Market?

Donald Trump’s Reciprocal Tariff Fear Looms, U.S. Indices Respond With ApprehensionUS President Donald Trump ‘Liberation Day’ announcements have spooked the Asian markets, with Tokyo's Nikkei index and Australian shares opening in the red. The Indian stock market is also expected to give negative reaction, as reflected in Gift Nifty's 1.5 per cent drop. The sweeping Trump tariffs affect all major US trading partners - US President imposing a 34% tax on imports from China and 20% on the European Union, among other nations.In response to Trump's tariff announcements, the Dow...