Day: April 9, 2025
Japan’s Nikkei set to jump 11% after Trump tariff pause spurs mammoth rally on Wall Street
The view of Nanjing Road East Pedestrian Mall the main shopping street in Shanghai. Bruce Yuanyue Bi | The Image Bank | Getty Images Asia-Pacific markets were to set to mostly rise Thursday, following Wall Street’s biggest burst of buying since 2008 after U.S. President Donald Trump announced a 90-day pause on higher tariffs on […]
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S&P 500 futures tick higher after historic rally on Trump’s tariff walkback: Live updates
Traders work on the floor at the New York Stock Exchange on April 9, 2025. Brendan McDermid | Reuters S&P 500 futures rose on Wednesday evening after President Donald Trump announced a 90-day reprieve on some of his “reciprocal” tariffs, spurring a massive rally on Wall Street. Futures tied to the S&P 500 were 0.4% […]
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PC shipments increased in first quarter as companies braced for tariffs
Dell, HP and Lenovo laptops on display at the Consumer Electronics Show 2025 in Las Vegas, on Jan. 8, 2025. Artur Widak | Nurphoto | Getty Images Personal computer shipments rose in the first quarter of the year as companies sped up deliveries to gear up for incoming tariffs. Research firm Canalys estimates that shipment […]
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Money manager Dan Niles says market ‘bottoming is not a day,’ it’s a process
As investors try to find their footing after recent bouts of hyper-volatile trading, portfolio manager Dan Niles is cautioning patience. “You can’t fix all your positioning problems in one day,” the founder and portfolio manager at Niles Investment Management told CNBC’s “Closing Bell Overtime” on Wednesday. The S & P 500 logged a 9.5% advance […]
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Money manager Dan Niles says market ‘bottoming is not a day,’ it’s a process
As investors try to find their footing after recent bouts of hyper-volatile trading, portfolio manager Dan Niles is cautioning patience. “You can’t fix all your positioning problems in one day,” the founder and portfolio manager at Niles Investment Management told CNBC’s “Closing Bell Overtime” on Wednesday. The S & P 500 logged a 9.5% advance […]
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United Airlines, Microchip Technology lead the stocks posting 20%-plus reversals on Trump tariff pause
United Airlines planes land and prepare to take off at Newark Liberty International Airport in Newark, New Jersey, on Jan. 27, 2025. Fabrizio Bensch | Reuters Stocks with the largest percentage reversals Wednesday Symbol Name RBICS Economy Previous close Intraday Low Current price Chg at low % chg low to curr. UAL United Airlines Holdings, […]
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Apple has best day since 1998 on Trump’s 90-day tariff pause
Apple CEO Tim Cook inspects the new iPhone 16 during an Apple special event at Apple headquarters in Cupertino, California, on Sept. 9, 2024. Justin Sullivan | Getty Images Apple shares skyrocketed 15% on Wednesday after President Donald Trump announced a 90-day pause on his administration’s “reciprocal tariffs,” which would have affected the company’s production […]
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Jamie Dimon says a recession is ‘likely outcome’ from Trump’s tariff turmoil
Jamie Dimon, Chairman and Chief Executive officer (CEO) of JPMorgan Chase & Co. (JPM) speaks to the Economic Club of New York in Manhattan in New York City, U.S., April 23, 2024. Mike Segar | Reuters JPMorgan Chase CEO Jamie Dimon said Wednesday he sees the U.S. economy likely headed to recession as President Donald […]
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Google reverses policy telling workers not to discuss DOJ antitrust case
Alphabet CEO Sundar Pichai meets with Polish Prime Minister Donald Tusk in Warsaw, Poland, on February 13, 2025. Klaudia Radecka | Nurphoto | Getty Images Google has reversed a policy forbidding employees from discussing its antitrust woes following a settlement with workers. The company sent a notice to U.S. employees last week saying it rescinded […]
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Stock market posts third biggest gain in post-WWII history on Trump’s tariff about-face
Trader work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters Wednesday’s jaw-dropping stock-market rally on President Donald Trump’s surprising tariff reversal is one for the history books. The S&P 500 skyrocketed 9.52% in a kneejerk reaction to Trump’s announcement to put a 90-day pause on some of the lofty ‘reciprocal’ […]
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