AP Moeller – Maersk A/S
Maersk CEO flags strong demand ‘pretty much everywhere’ except for the U.S. as outlook raised
The container ship Gunde Maersk sits docked at the Port of Oakland on June 24, 2024 in Oakland, California. Justin Sullivan | Getty Images Danish shipping giant Maersk on Thursday posted stronger-than-expected second-quarter operating profit, citing continued focus on operational improvements despite unprecedented geopolitical volatility. The company, widely considered a barometer of global trade, reported […]
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European stocks set for broadly higher open amid more tariff news; BOE and earnings ahead
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Where can equity investors hide as Israel and Iran take aim at each other?
As equity markets broadly declined after Israel and Iran took aim at each other – some sectors and stocks are bucking the trend. The attack, which reportedly killed senior Iranian military and scientific figures, prompted an immediate flight to safety in financial markets. Brent crude , the international oil benchmark, jumped 7% to $78.50 a […]
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CNBC Daily Open: The U.S.-China deal revives markets and the idea of a ‘Trump put’
Chinese President Xi Jinping and President Donald Trump at the G-20 Summit in Osaka on June 29, 2019. Brendan Smialowsi | AFP | Getty Images Over the weekend, both the U.S. and China agreed to reciprocally slash tariffs on each other for 90 days from 125% to 10%. That’s much more than expected, as Trump […]
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A ‘huge win’ for bulls: Markets soar on U.S.-China deal as Wall Street sees more upside
U.S. Treasury Secretary Scott Bessent (R) and U.S. Trade Representative Jamieson Greer hold a news conference in Geneva on May 12, 2025, to give details of “substantial progress” following a two-day closed-door meeting between U.S. and China top officials aimed at ending the tariff war. Fabrice Coffrini | Afp | Getty Images Stock Chart IconStock […]
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Europe stocks set to rise as investors look ahead to U.S.-China trade talks in Switzerland
European stock market futures point to a positive start after the U.K. and U.S. confirmed a trade agreement, and investors look ahead to the U.S.-China trade negotiations set to begin this weekend. The pan-European Stoxx Europe 600 index is expected to open higher by 0.3%, according to futures data from FactSet. The U.K.’s FTSE 100 […]
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U.K. stocks drop as UK-U.S. trade deal announced, Bank of England cuts rates
European stocks traded broadly higher Thursday, despite the U.K.’s FTSE 100 erasing gains following the announcement of a U.K.-U.S. trade deal and an interest rate cut by the Bank of England. The pan-European Stoxx 600 was 0.24% higher at 4:06 p.m. in London, trimming earlier gains. However, the U.K.’s FTSE 100 reversed gains earlier in […]
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Maersk, a bellwether for global trade, cuts container market outlook on U.S.-China tariff tensions
The Maersk Alfirk, left, and Colorado Express container ships docked at the Port of Los Angeles in Los Angeles, California, US, on Thursday, April 24, 2025. Bloomberg | Bloomberg | Getty Images Danish shipping giant Maersk on Thursday posted stronger-than-expected first-quarter operating profit but warned that the current level of U.S.-China trade tariffs could restrict […]
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5 European stocks to watch this earnings season as Trump’s tariffs hit
Investors are entering 2025’s first-quarter earnings season with a huge cloud of uncertainty hanging over them — thanks primarily to U.S. President Donald Trump’s tariffs. The scale of duties announced in April, along with the volatility injected by subsequent updates and reversals in policy, have so far exceeded even the most bearish forecasts. Negotiators from […]
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Shipping giant Maersk, a bellwether for global trade, pops 10% on Trump’s tariff pause
The container ship Gunde Maersk sits docked at the Port of Oakland on June 24, 2024 in Oakland, California. Justin Sullivan | Getty Images Shares of Danish shipping giant Maersk, a bellwether for global trade, posted substantial gains on Thursday morning, rallying after U.S. President Donald Trump’s 90-day pause on higher tariffs for some countries. […]
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