Market turmoil extended into Wednesday’s trading session in Asia, as stocks across the region faced renewed downward pressure amid the impending imposition of significantly higher taxes on imports to the United States. Benchmark indexes in Japan and Hong Kong opened down more than 3 percent on Wednesday morning, following a day on Wall Street when … Read more
Wall Street billionaires are not used to being on the outside looking in. But that is where they find themselves after President Trump ignored their appeals to call off his tariff plans which they fear could endanger the economy. With the backdrop of rapidly mounting stock market losses, corporate titans have worked every angle — … Read more
Financial markets were hit by another wave of selling on Sunday evening, with investors and economists grappling with rising odds of a severe economic downturn caused by President Trump’s significant new tariffs on imports. Futures on the S&P 500, which allow investors to bet on the index before the official start of trading on Monday, … Read more
Stocks rose on Wednesday after a tumultuous few days of trading following President Trump’s decision to impose tariffs on some of the United States’ biggest trading partners and retaliatory measures by the European Union, China and Canada. Futures on the S&P 500, which allow investors to trade ahead of exchanges opening, were slightly higher. The … Read more
Stock markets fell sharply on Monday, dragged down by fears that advances in artificial intelligence by Chinese upstarts could threaten the moneymaking power of American technology giants. The Chinese A.I. company DeepSeek has made waves by matching the capabilities of cutting-edge chatbots while using a fraction of the specialized computer chips that leading A.I. companies … Read more