The U.S.-China agreement to reduce reciprocal tariffs “likely [takes] a recession off the table for now,” Wedbush analysts said.
Tesla shares are rallying after the latest China tariff news.
Federal Reserve Governor Adriana Kugler said that if tariffs prove to be long-lasting, she would focus on how global supply chains are rearranged in response, while she acknowledged that the recent reduction in US-China tariffs was clearly an improveme…
The Pound Sterling collapsed by over 0.71% or 90 pips on Monday, following developments over the weekend that boosted the US Dollar.
Apple stock rose after the U.S. and China agreed to a cooling-off period on tariffs. But services business challenges remain an overhang.
The post Apple Stock Rises On Tariff Relief, But Services Challenges Remain appeared first on Investor's Busi…
The Pound Sterling (GBP) collapsed by over 0.71% or 90 pips on Monday, following developments over the weekend that boosted the US Dollar (USD). News of the US-China de-escalation of the trade war weighed on the Sterling, which plummeted from around 1….
For the next 90 days, at least
Article Apple is weighing price hikes for its upcoming fall iPhone lineup but is keen to avoid linking any increases to U.S. tariffs on imports from China, where most of its devices are assembled, the Wall Street Journal reported on Monday. The techno…
The tech leader is rallying today due to an unexpected announcement.
Bitcoin price clears $105,000 on China deal news. Trump-linked bitcoin miner to go public. Strategy buys $1.3 billion of bitcoin.
The post Trump-Linked Bitcoin Miner To Go Public; Strategy Buys $1.3 Bil In BTC appeared first on Investor's Business…
The NZD/USD pair tumbles to near 0.5870 during North American trading hours on Monday. The Kiwi pair falls sharply as the demand for the US Dollar (USD) has increased after the comments from Washington signaled that the trade war between the United Sta…
Investors in America’s auto industry were ecstatic about the China tariff news on Monday.
Live Updates Live Coverage Updates appear automatically as they are published. Stock Market Movers 10:30 am by Gerelyn Terzo NRG Energy (NYSE: NRG) is climbing higher by 14% today after reporting better-than-anticipated Q1 earnings results. In a bullish sign for natural gas, NRG also revealed it would buy the LS Power Portfolio in a whopping […]
The post S&P 500 INDEX (SPX) Live: Markets Soar Amid ‘Total Reset’ With China appeared first on 24/7 Wall St..
Key points:Bitcoin seeks consolidation after rapid gains as stocks and the US dollar surge on US-China trade deal news.Nearby order book liquidity forms potential targets for traders, which now include $102,000.A classic moving average…
Stocks closed higher Monday as the U.S. and China moved to de-escalate their trade war, with investors eager for signs of a lasting agreement.
U.S. Trade Representative Jamieson Greer said the U.S. agreed to drop its 145 percent tariff rate on Chinese goods to 30 percent.
This de-escalation in the burgeoning trade war has opened the floodgates to stock buyers this morning.
Federal Reserve Chairman Jerome Powell said last week he needed ‘further clarity on tariffs’ before moving on interest rates.
United States (US) President Donald Trump said on Monday that he may speak with Chinese President Xi Jinping later this week, as negotiations between the two economic powers show signs of progress toward a potential trade agreement.
Live Updates Live Coverage Updates appear automatically as they are published. Winners & Losers 10:03 am by Gerelyn Terzo NRG Energy (NYSE: NRG) is gaining 14% today after surpassing Q1 earnings estimates. In a bullish sign for natural gas, NRG also announced it would acquire the LS Power Portfolio in a whopping $12 billion transaction. […]
The post S&P 500 (NYSEARCA: SPY) Live: China Trade Deal Breakthrough Sends Broader Market Soaring appeared first on 24/7 Wall St..
The AUD/USD pair gives back initial gains and turns negative during North American trading hours on Monday.
Trump administration still in negative territory, but just barely.
Live Updates Live Coverage Updates appear automatically as they are published. Tech Stock Roundup 10:40 am by Gerelyn Terzo China is a key trade partner for technology stocks, making the trade agreement that much more important for them. A big percentage of Amazon’s (Nasdaq; AMZN) and Apple’s (Nasdaq: AAPL) products are made in China, while […]
The post Live Nasdaq Composite: China Trade Talk Success Unleashes Market Bulls appeared first on 24/7 Wall St..
A 90-day tariff agreement between the US and China may set the stage for a broader recovery of stock and cryptocurrency markets, as investors look ahead to a potential tax relief package.The White House announced on May 12 that the two…
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