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% inflation target has slowed since last summer, citing the recent uptick in goods inflation as "unhelpful."
In corporate news, Tesla shares dropped 1% following a decline in the company's European market share. UniFirst fell over 12% after Cintas ended talks to acquire the workwear provider in a deal valued at $275 per share, while KB Home dropped 6% after lowering its full-year 2025 revenue forecast.
Source: Trading Economics
Britain's FTSE 100 index on Friday briefly surpassed the symbolic 10,000 points marker for the first time, extending gains after a bumper 2025. The FTSE 100 index — home to the U.K.'s most valuable b...
European equity markets extended their rally on the first trading day of 2026, with benchmark indices pushing to fresh record highs despite thin liquidity following the New Year holiday. Gains were le...
Asia-Pacific stock markets are expected to open mixed on Friday, marking a cautious start to the new year. This movement follows the New Year's Eve close of US markets, where the three major Wall Stre...
European stocks ended mixed on the last trading day of the year. The pan-European Stoxx 600 index closed a shortened trading session 0.1% lower on Wednesday, with most sector indexes in negative terr...
Stocks were little changed Wednesday as Wall Street got ready to close out a bumper year for equities. Stocks are riding a three-session losing streak, although the declines have been mild and the S&...
Britain's FTSE 100 index on Friday briefly surpassed the symbolic 10,000 points marker for the first time, extending gains after a bumper 2025. The FTSE 100 index — home to the U.K.'s most valuable blue-chip companies — ended the first trading day...
US President Donald Trump threatened on Friday to come to the aid of protesters in Iran if security forces open fire on them, days after unrest that has killed several people and posed the biggest internal threat to Iranian authorities in...
Oil prices fell on the first trading day of 2026 as expectations of a growing supply surplus offset geopolitical risks to production in some OPEC+ countries. Brent crude traded near $60 per barrel on a relatively thin trading day, while West Texas...
The US Federal Reserve agreed to cut interest rates at its December meeting only after a highly nuanced debate about the current risks facing the US...
Stocks were little changed Wednesday as Wall Street got ready to close out a bumper year for equities.
Stocks are riding a three-session losing...
European stocks ended mixed on the last trading day of the year.
The pan-European Stoxx 600 index closed a shortened trading session 0.1% lower on...
Asian stock markets opened with limited movement on Wednesday morning (December 31, 2025), ahead of the year's close. Most indices moved slightly...