Renewed tensions between the United States and Russia have resurfaced following an incident involving an oil tanker, sparking market concerns about potential disruptions to global energy supplies. Washington's move, associated with tightening oversight and enforcement of sanctions on Russian oil shipments, is viewed by Moscow as provocative and could worsen relations between the two countries. Russia views these actions as an attempt by the United States to suppress Russian energy exports and strengthen its dominance in the global oil market. Meanwhile, Washington argues that these measures...
gyrated on Wednesday amid ongoing uncertainties tied to President Donald Trump's controversial tariffs. The S&P 500 and Nasdaq Composite added 0.2% and 0.4%, respectively. The Dow Jones Industrial Average rebounded by 181 points, or 0.4%, after plunging more than 1,300 points over the last two sessions. The three indexes swung between positive and negative territory for the day. If the averages end down, it would mark the third straight negative session for each. Commerce Secretary Howard Lutnick said late Tuesday that he expected an announcement on an agreement with Canada and Mexico...
The S&P 500 was little changed on Wednesday, as fresh jobs data exacerbated concerns about the economy and appeared to distract from hopes of a compromise on President Donald Trump's controversial tariffs. The S&P 500 rose 0.2%, while the Nasdaq Composite edged up 0.1%. The Dow Jones Industrial Average jumped 162 points, or 0.4%, after dropping more than 1,300 points over the past two sessions. Commerce Secretary Howard Lutnick said late Tuesday that he expected an announcement on a deal with Canada and Mexico. Lutnick added earlier Wednesday that Trump was considering which...
The Hang Seng jumped 652 points, or 2.8%, to close at 23,594 on Wednesday, reversing a modest decline in the previous session, supported by broad gains across sectors. Sentiment improved after China set a GDP growth target of around 5% for 2025, maintaining the same pace as in 2024 despite the trade dispute with the US. Beijing also pledged fresh support for domestic consumption and the technology industry while cutting its annual inflation target to around 2%, the first adjustment in more than two decades from its previous target of 3%. Meanwhile, US index futures jumped after Wall Street...
European stocks opened higher on Wednesday amid optimism that U.S. President Donald Trump's 25% tariffs on Canada and Mexico could be eased, with investors also eyeing potential reforms to Germany's controversial debt brake system. The Stoxx 600 index rose 1.05% shortly after the open, following a broad decline in global equities on Tuesday on tariff concerns. The Stoxx autos index, which had fallen nearly 6% in the previous session, rebounded 2.4%. Utilities and food and beverages were among the sectors in the red. On Tuesday, the conservative alliance and the Social Democrats — the two...
Japan stocks were higher after the close on Wednesday, as gains in the Shipbuilding, Textile and Marine Transport sectors led shares higher. At the close in Tokyo, the Nikkei 225 rose 0.16%. The best performers of the session on the Nikkei 225 were Fujikura Ltd. (TYO:5803), which rose 7.42% or 431.00 points to trade at 6,239.00 at the close. Meanwhile, Yokogawa Electric Corp. (TYO:6841) added 6.69% or 188.50 points to end at 3,005.00 and IHI Corp. (TYO:7013) was up 6.09% or 640.00 points to 11,145.00 in late trade. The worst performers of the session were Konami Corp. (TYO:9766), which...
Asian stock markets fell in unison on Thursday, following Wall Street's decline. A brief rally in tech stocks led by Nvidia quickly faded, prompting investors to turn away from riskier assets like...
European stock indices closed marginally lower on Wednesday as equities took a breather from their recent strong momentum, while investors continued to assess the outlook for the ECB's policy this...
The upcoming Supreme Court ruling on the legality of President Donald Trump's massive tariffs, which rocked markets in April, is one of the next major tests for US stocks and bonds.
Equity markets...