Wednesday, October 8, 2025 President Donald Trump said he was open to compromise on Affordable Care Act (ACA) subsidies to end the government shutdown. Democrats agreed to the talks, but conservatives immediately rejected them. Essentially, Democrats want subsidies extended to prevent premiums from soaring; some Republicans say the expanded subsidies during COVID are too expensive and prone to abuse. In the Senate, several compromise options are being floated: allowing existing recipients to continue receiving subsidies (grandfathering), limiting the age limit (e.g., to 60–64 years old), or...
The Nikkei 225 Index climbed 0.7% to surpass 38,000, while the Topix Index added 0.6% to 2,814 on Wednesday, marking their second consecutive session of gains. Japanese stocks followed a strong Wall Street lead overnight, buoyed by hopes of a less aggressive stance on Trump's reciprocal tariffs. Meanwhile, investors continued to analyze the Bank of Japan's monetary policy outlook, after minutes from the January meeting suggested that policymakers remain open to further interest rate hikes. Consumer stocks led the advance, with strong gains from Nintendo (5.3%), Sony Group (2.9%), and Fast...
Asia-Pacific markets opened higher on Wednesday, tracking gains on Wall Street on expectations that U.S. President Donald Trump's tariffs could be softer than previously expected. Australia's S&P/ASX 200 opened 0.71% higher. Japan's Nikkei 225 rose 0.63% at the open, while the Topix gained 0.39%. South Korea's Kospi rose 0.38% while the small-cap Kosdaq traded 0.28% lower. Hong Kong's Hang Seng Index futures were at 23,478, also higher than the HSI's last close of 23,344.25. The White House's planned tariffs set for April 2 are expected to be limited in scope, according to reports...
The S&P 500 posted a slim gain on Tuesday as investors built on the previous session's gains, which were largely sparked by hopes of U.S. tariffs being narrower in scope. The broad market index added 0.16% to close at 5,776.65, while the Nasdaq Composite gained 0.46% and ended at 18,271.86. The Dow Jones Industrial Average crept higher by 4.18 points, or 0.01%, to settle at 42,587.50. Investors largely looked past the March consumer confidence data released Tuesday, which reflected a significant drop in U.S. consumers' near-term outlook on income, business, and job conditions. The...
European markets closed higher on Tuesday as investors continued to assess the scope and breadth of U.S. President Donald Trump's trade tariffs. The pan-European Stoxx 600 index closed 0.67% higher, with most sectors and all major bourses in positive territory.Germany's DAX led regional gains, up 1.13%, after a survey showed improved business sentiment in the conuntry. German biotech firm Bayer rose more than 5%, recovering from a 7% loss in the previous session after announcing over the weekend that it had been ordered by a U.S. court to pay $2.1 billion in damages relating to its Roundup...
U.S. stocks edged higher on Tuesday, with the S&P 500 and Nasdaq up 0.1% to fresh two-week highs, and the Dow adding 70 points, fueled by hopes that the Trump administration might soften some of its proposed tariff plans. President Trump announced that not all threatened tariffs would take effect on April 2nd, with some countries possibly receiving exemptions, though new levies on autos, pharmaceuticals, and a 25% tariff on crude from Venezuela were signaled. Meanwhile, Fed Governor Kugler acknowledged that monetary policy remains restrictive but noted that progress toward the 2%...
Asia-Pacific markets traded higher, tracking Wall Street gains overnight.
Japan's benchmark Nikkei 225 rose 0.41% after hitting a fresh record high on Thursday, while the Topix added 0.61%. South...
Both the STOXX 50 and STOXX 600 hovered around the flatline on Friday, as investors adopted a cautious stance ahead of further developments in trade talks between US President Trump and Chinese...
Wednesday, October 8, 2025 President Donald Trump said he was open to compromise on Affordable Care Act (ACA) subsidies to end the government shutdown. Democrats agreed to the talks, but...