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CNBC Daily Open: Tariff fears wipe off election gains, ignite stagflation worries
U.S. President Donald Trump arrives to address a joint session of Congress at the U.S. Capitol on March 4, 2025, with U.S. Speaker of the House Mike Johnson and Vice President JD Vance behind him. Win Mcnamee | Via Reuters U.S. President Donald Trump’s 25% tariffs on Canada and Mexico, and an additional 10% on […]
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Stock futures rise after Commerce Secretary Lutnick suggests possible compromise on Trump tariffs: Live updates
Traders work on the floor of the New York Stock Exchange in the Financial District in New York City on March 4, 2025. Timothy A. Clary | Afp | Getty Images U.S. stock futures rose Tuesday night after all three major averages suffered sharp losses for a second session. Futures tied to the Dow Jones […]
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Investors who bet on ‘Trump-lite’ get burned as hefty tariffs rock markets
Investors are finally taking President Donald Trump’s tariffs seriously, with the result being some ugly consequences for stocks. Stocks have chugged along since the election, even notching fresh all-time highs, as the “Trump-lite” narrative — as JPMorgan’s Maia Crook called it Monday — led to investor confidence that the current administration’s pro-growth policies would more […]
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Stock futures tick higher after Monday’s big sell-off; Trump’s Mexico and Canada tariffs loom: Live updates
Traders work on the New York Stock Exchange floor on March 3, 2025. Spencer Platt | Getty Images After trading higher earlier in the day, the three major indexes all dropped into negative territory after President Trump confirmed Monday afternoon that the U.S.’ 25% duties on Canada and Mexico would go into effect the following […]
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Asia-Pacific markets set to track Wall Street declines as Trump tariffs dent sentiment
China World Trade Center. Dukai Photographer | Moment Open | Getty Images Asia-Pacific markets were set to fall Tuesday, tracking Wall Street declines overnight after U.S. President Donald Trump made it clear that tariffs on Mexico and Canada would go into effect as planned. Japan’s benchmark Nikkei 225 was set to open lower, with the […]
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CNBC Daily Open: Trump clashes on foreign policy, wields economic threat
U.S. President Donald Trump meets Ukrainian President Volodymyr Zelenskyy at the White House on Feb. 28, 2025. Brian Snyder | Reuters To an economist, it might seem questionable for a country to impose tariffs on its biggest trading partners, especially when its economy is showing signs of shrinking, the stock market is sagging, prices remain […]
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Asia-Pacific markets rise as investors await clarity on Trump’s tariff plans
Main Bazar, Paharganj known for its concentration of hotels, lodges, restaurants, dhabas and a wide variety of shops catering to both domestic travellers and foreign tourists, especially backpackers and low-budget travellers. Hadynyah | E+ | Getty Images Asia-Pacific markets rose Monday as investors awaited clarity on U.S. President Donald Trump’s plans to impose impose tariffs […]
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These S&P 500 stocks are deeply oversold and may be due for a rebound
The S & P 500 may have just notched its second down week in a row, but there’s good news for investors: plenty of companies are oversold and due for a rally on a technical basis. The 500-stock benchmark slipped 1% this week, while the tech-heavy Nasdaq Composite plunged 3.5%. The blue-chip Dow Jones Industrial […]
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CNBC Daily Open: Markets rocked as Nvidia slumps and Trump confirms tariffs
Nvidia headquarters in Santa Clara, California, on May 21, 2024. Justin Sullivan | Getty Images U.S. President Donald Trump said Thursday he would give tariffs on Canada and Mexico, which are temporarily paused, the go-ahead, while separately threatening on Wednesday to slap a 25% levy on the European Union. Those are some of the U.S.’ […]
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