Asian equities edge up at open, dollar declines

Asian equities edge up at open, dollar declines

Asian stocks edged up at the open Friday, poised for a fifth consecutive day of gains, as technology shares lifted Japanese equities. The MSCI Asia Pacific Index rose 0.5%, helped by a 1.3% rise in the Nikkei-225 index. Sony Group Corp. and Softbank Group Corp. led the gains after reporting earnings. Contracts for US stocks … Read more

Stock futures rise as Trump, EU reach tariff deal

Stock futures rise as Trump, EU reach tariff deal

Stock-index futures climbed after the European Union struck a deal with President Donald Trump that will see the bloc face 15% tariffs on most exports, averting a potentially damaging trade war. S&P 500 contracts rose 0.4% and those for European stocks jumped 1%. The euro was slightly stronger against the dollar after the US-EU deal. … Read more

S&P 500 ends near flat but posts biggest monthly percentage gain since November 2023

S&P 500 ends near flat but posts biggest monthly percentage gain since November 2023

NEW YORK – The S&P 500 ended a volatile session little changed on Friday as U.S. President Donald Trump slammed China before sounding upbeat about reaching a trade deal, but the benchmark index tallied its biggest monthly increase since November 2023. The Nasdaq also registered its biggest monthly percentage gain since November 2023. May was … Read more

US stock futures jump, dollar gains on tariff ruling

US stock futures jump, dollar gains on tariff ruling

US stock futures jumped and the dollar strengthened after President Donald Trump’s global tariffs were deemed illegal and blocked by the US trade court. Upbeat earnings from Nvidia Corp. also boosted investor sentiment. Contracts for the S&P 500 and Nasdaq 100 gained 1.4% and 1.7% respectively. The ruling can now be appealed by the Trump … Read more

Wall Street slides as Trump’s tariff threats triggers market uncertainty

Wall Street slides as Trump’s tariff threats triggers market uncertainty

U.S. stocks fell on Friday, notching a weekly loss, after President Donald Trump recommended 50% tariffs on European goods, reopening a new front in global trade tensions and unleashing a fresh wave of market uncertainty. All three main Wall Street indexes pared early losses but each still ended lower and shed more than 2% for … Read more

Wall Street advances on trade hopes, data shows investor pessimism

Wall Street advances on trade hopes, data shows investor pessimism

Wall Street‘s main indexes rose on Friday for their fifth straight day, buoyed by the U.S.-China tariff truce earlier in the week even as economic survey data showed a deterioration in consumer sentiment. The S&P 500 steadily added to gains from late morning, while investors took weak data in their stride. The University of Michigan … Read more

Asian stocks gain as Japan leads rebound on tariff talks

Asian stocks gain as Japan leads rebound on tariff talks

Asian stocks gained at the open after a volatile session in the US, snapping a global selloff from concerns President Donald Trump’s trade war will hurt economic growth. US equity-index futures rose in early trading. Shares in Japan and Australia advanced along with equity-index futures for the S&P 500 and the Nasdaq 100, both gaining … Read more

‘No one ever made a loss by investing in Bitcoin if…’: Finfluencer explains investment patterns

‘No one ever made a loss by investing in Bitcoin if…’: Finfluencer explains investment patterns

Bitcoin investment: More than 560 million people worldwide currently own crypto assets, and new and seasoned investors alike are constantly looking for promising new projects to buy into. Bitcoin and other cryptocurrencies have grown in popularity for years; now ETFs are also available. Finfluencer Save Invest Repeat has recently posted on social media X highlighted … Read more

Nasdaq closes lower, S&P 500 up slightly as US yields stay elevated

Nasdaq closes lower, S&P 500 up slightly as US yields stay elevated

The Nasdaq fell on Monday, while the benchmark S&P 500 bounced off a two-month low and eked out a slight gain as U.S. Treasury yields stayed elevated with investors dialing back expectations on the pace of rate cuts from the Federal Reserve. Recent economic data have indicated a resilient economy with nagging price pressures, which … Read more