World
European stocks tank 6% at open as global tariff rout deepens
European stocks dropped sharply on Monday, deepening a global market rout that kicked off last week following the latest announcements of U.S. President Donald Trump’s tariffs regime. The pan-European Stoxx 600 was 6% lower shortly after the opening bell, with all sectors and major bourses suffering significant losses. Germany’s DAX index was more than 9.5% […]
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CNBC Daily Open: Trump tariffs spark trade war, decimating stocks
U.S. President Donald Trump’s tariffs and subsequent actions by other nations have cast a shadow over investors’ portfolios. Markets largely fell all around the world following the announcements, and the sell-off has extended into Monday. Trump and his administration has been defiant, with the U.S. president saying “it won’t be easy” and urging Americans to “hang […]
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Trump is losing the confidence of business leaders, billionaire investor Bill Ackman says
Bill Ackman, CEO of Pershing Square Capital Management, speaks during an interview for an episode of “The David Rubenstein Show: Peer-to-Peer Conversations,” in New York on Nov. 28, 2023. Jeenah Moon | Bloomberg | Getty Images Billionaire investor Bill Ackman said that America was heading toward a self-inflicted “economic nuclear winter” as a result of […]
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Japanese yen and Swiss franc top hedges against Trump tariffs, according to analysts
“The Japanese yen will be a good — and probably the best — candidate to hide from trade tensions and a U.S. recession, for a whole host of familiar reasons,” said Ebrahim Rahbari, head of rates strategy at Absolute Strategy Research. Zhang Xiaoyu | Xinhua News Agency | Getty Images Investors are flocking to safe […]
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Myanmar’s fatal quake deepens political turmoil with no path to peace, experts say
TOPSHOT – A monk walks past a collapsed building in Mandalay on April 1, 2025, a few days after the deadly Myanmar earthquake. Sai Aung Mainsai Aung Main | Afp | Getty Images Myanmar’s ruling military junta is seizing the aftermath of a deadly earthquake as an opportunity to regain control amid a grueling civil […]
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Many senior venture capitalists are leaving big firms. Insiders boil it down to a few reasons
“Big firms have gotten much, much bigger,” said Alexandre Lazarow, managing partner of Fluent Ventures. “At the same time, there’s been an explosion of [small] venture capital firms … so I think we’ve seen the rise of specialization and the rise of regionalization in tech.” Johnnygreig | E+ | Getty Images The venture capital industry […]
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CNBC Daily Open: The trade wars begin
Jakub Porzycki | Nurphoto | Getty Images U.S. President Donald Trump’s tariffs and subsequent actions by other nations have cast a shadow over investors’ portfolios. Markets largely fell all around the world following the announcements, and the sell-off has extended into Monday. Trump and his administration has been defiant, with the U.S. president saying “it won’t […]
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Nikkei 225 and Topix plunge over 7% on open, futures trading suspended due to circuit breaker
Sunset view of Yarra river and Melbourne skyscrapers business office building with evening skyline in Victoria, Australia. Australia tourism, modern city life, or business finance and economy concept Prasit Photo | Moment | Getty Images Asia-Pacific markets extended their sell-off Monday as fears over a global trade war sparked by U.S. President Donald Trump’s tariffs […]
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U.S. stocks bearing the brunt of trillions in market value losses around the globe
No matter where you look, there have been significant losses in global markets, but they have not been distributed evenly. The S & P 500 closed Friday with a market capitalization of $42.99 trillion, a two-day loss of $5.06 trillion or 10.5% compared to its market capitalization Wednesday night, when President Trump raised U.S. tariffs […]
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Dow futures fall 1,500 points Sunday as Trump tariff market rout escalates: Live updates
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 3, 2025. Brendan McDermid | Reuters U.S. stock futures dropped on Sunday evening as the White House remained defiant even after a two-day historic stock market rout that followed President Donald Trump’s rollout of shockingly high […]
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