Markets

Powell to volatile stock market: You’re on your own, for now

It was a message equity investors weren’t expecting after two weeks of volatility following President Trump’s unveiling of punitive tariffs on scores of countries

Understanding Trump’s tariffs on China: Clearing up the 245% rate confusion

Has Trump announced a new tariff rate of 245 percent on Chinese goods? The answer is no. Moneycontrol explains why

How Trump administration is redefining white-collar crimes and its enforcement in US

The development comes a few weeks after Trump signed an executive order to temporary halt the enforcement of Foreign Corrupt Practices Act, an anti-bribery law

Tariff News Highlights (April 14): OPEC cuts 2025 oil demand forecast over US tariffs

European markets in green amid buzz around tech tariff break

US to delist Chinese stocks from its exchanges? Scott Bessent says 'all option on table'

The development comes soon after Trump announced additional tariffs on Chinese goods, taking the total effective levy to 145 percent, as on April 11

Why Trump’s dream of made-in-the-USA iPhones isn’t going to happen

Apple is unlikely to move iPhone production to the US in the foreseeable future for a variety of reasons, including the shortage of facilities and labor needed to produce the devices

Asia on course for 3rd straight weekly fall as China, Japan stocks tumble on tariff woes

A gauge of Asian stocks is on track for its third consecutive week of decline as market relief turned to angst after the White House clarified US tariffs on China rose to 145%

Scott Bessent emerges as Wall Street man-of-the-hour trade negotiator

The former hedge fund manager has vaulted to the front of the line in President Donald Trump’s list of advisers in recent days

Gold climbs to $3,200 for first time as recession anxiety mounts

Bullion gained as much as 1.3% in early Asian trading on Friday

Wall Street plummets as tariff-war woes fuel exodus from US assets

The S&P 500 Index ended the day down 3.5% as investors seized on Wednesday’s historic rebound to sell

Trump was swayed into pausing tariffs after parade of calls from Wall Street investors: Report

Trump had earlier privately acknowledged that his trade policy can trigger recession and he wanted to be sure that it didn’t cause a depression in the economy, the report further said.

European stocks surge most since 2020; gold gains

The Stoxx 600 rose more than 7% at open, the biggest intraday gain since 2020, and Asian stocks advanced

‘Is it real?!’ How NYSE trading floor reacted after Trump's tariff pause

Wall Street had been practically begging for the reprieve, which is scheduled to last 90 days

Explained: The current tariff rate and the reason behind Trump's 90-day pause

Trump's about-face came around 13 hours after high duties on 56 nations and the European Union took effect, fuelling market turmoil and stoking recession fears

Magnificent Seven rides again as Trump pauses tariffs; adds $1.5 trillion in value

The gains did not erase the $3.4 trillion in value the companies have collectively shed since their peak in late 2024

Billionaires score best-ever day as stocks soar on tariff pause

The S&P 500 Index jumped the most since 2008 following Trump’s mid-day announcement, reversing steep losses over the past few days

US stocks surge, dollar gains in dramatic relief rally as Trump pauses tariffs

The S&P 500 ended 9.5% higher, while the Nasdaq rose 12.2% in its biggest one-day gain since January 3, 2001, and its second-biggest on record

Asian stocks join relief rally on Trump's 90-day tariff pause, treasuries gain

Indexes across the region advanced Thursday and equity-index futures for Europe surged more than 9% after the S&P 500 rallied 9.5% Wednesday

Treasuries ‘fire sale’ sends long-term yields soaring worldwide

While the selling eased into the European trading day, speculation continued to swirl about the reasons investors were turning their backs on US sovereign debt.

Stock futures slump, near bear market territory as US-China trade war deepens with fresh tariffs

Futures linked to the Dow Jones Industrial Average fell by 558 points, or 1.5 percent, while the S&P 500 futures dropped 1.3 percent. Nasdaq-100 futures slipped 0.9 percent

Oil falls to lowest since February 2021 as Trump's tariffs take effect

Brent futures dropped $1.39, or 2.21%, to $61.43 a barrel as of 0655 GMT. US

Treasuries ‘fire sale’ sends long-term yields soaring worldwide

The yield on 30-year Treasuries surged as much as 25 basis points to a level unseen since November 2023

China urges dialogue with US to resolve trade disputes after Trump's 104% tariff

This comes as global markets faced strong volatility after US imposed 104 percent tariff on the country, after China retaliated with 34 percent tariff to reciprocal tariffs.

Offshore Chinese Yuan hits record low amid PBoC easing, escalating Trump tariffs

In late New York trading on Tuesday, the yuan dropped as much as 1.1% to 7.4290 per dollar—its weakest level since the offshore market’s inception in 2010—before recovering slightly on Wednesday

Musk made direct appeals to Trump to reverse new tariffs: Report

This exchange marks the highest profile disagreement between the President and Musk, the report said