Asian stocks trade mixed, gold dips on China move

Asian stocks trade mixed, gold dips on China move

US equity-index futures advanced in early Monday trading, indicating that the seven straight months of gains in global stocks may still have more room to run. Contracts for the S&P 500 and the Nasdaq 100 indexes rose 0.3% after gains on the underlying gauges Friday, with earnings optimism outweighing worries about a rally that’s heavily … Read more

US futures rise, shrugging off Trump’s chip levies

US futures rise, shrugging off Trump’s chip levies

US stock futures climbed in early trading Thursday, largely looking past President Donald Trump’s threat of a 100% tariff on chip imports. Contracts for the S&P 500 and Nasdaq 100 rose 0.2% in early Asian trading, erasing brief losses. Trump said he would impose a 100% levy on imports of semiconductors, but will provide exemption … 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

Dollar gains after two-day drop, US stock futures dip

Dollar gains after two-day drop, US stock futures dip

The dollar gained in early Asian trade after a two-day slide as investors across Asia stayed focused on exacerbated currency appreciations from Taiwan to Malaysia. A gauge of the dollar rose 0.3% after declining Monday as speculation around potential trade deals sparked an extraordinary spike in Taiwan’s dollar and resonated across global foreign exchange markets. … Read more