Wall Street major averages closed a volatile session mixed on Tuesday, as investors awaited clarity from President Trump regarding his upcoming tariff policy.
The S&P 500 rose by 0.4%, the Nasdaq 100 gained 0.9%, while the Dow Jones finished marginally in the red. Consumer discretionary stocks, including Tesla and Nike, led the day's gains.
The market remained under pressure from weaker-than-expected economic data, including a disappointing manufacturing survey with price pressures at their highest since 2022 and job openings below forecasts.
The White House confirmed that reciprocal tariffs and other levies will be imposed on Wednesday, a move expected to exceed the scope of the 1930 Smoot-Hawley tariffs, a historic cautionary tale against protectionism.
The potential for a 20% tariff on most imports into the U.S. has raised concerns, with analysts warning that the trade risks may be underappreciated by the market.
Source: Trading Economics
US stocks tumbled on Tuesday, with the S&P 500 down 1.1%, the Nasdaq shedding 2.1%, and the Dow losing about 240 points, as investors grew increasingly uneasy over stretched valuations in AI-drive...
European stocks slipped mostly lower Tuesday, with investors locking in some profits on the back of an uncertain economic outlook and with more corporate earnings to digest. The DAX index in Germany ...
Stocks fell Tuesday, pressured by declines in artificial intelligence-related names like Palantir as investors grow increasingly concerned about valuations in the bull market-leading shares. The Dow ...
European stocks opened in negative territory on Tuesday (November 4), reversing the positive sentiment seen at the start of the new trading month. The pan-European Stoxx 600 index was trading more th...
Asian stocks opened lower on Tuesday, reversing Wall Street's rally fueled by Amazon's massive $38 billion deal with OpenAI. Stock markets in South Korea and Japan weakened after a long holiday, while...
Gold edges higher on a possible technical recovery after front-month gold futures settled down 1.3% overnight. It shouldn't be a big surprise to see the precious metal consolidating in a lower $3,800-$4,050 per ounce trading range, TD Securities'...
Silver prices were stable during the Asian session, pressured by a strengthening US dollar and global market restrictions. Silver was trading around $47.15 per ounce, with many investors choosing to wait for further economic data before making...
US stocks tumbled on Tuesday, with the S&P 500 down 1.1%, the Nasdaq shedding 2.1%, and the Dow losing about 240 points, as investors grew increasingly uneasy over stretched valuations in AI-driven names and cautious outlooks from top Wall...
Asian stocks opened lower on Tuesday, reversing Wall Street's rally fueled by Amazon's massive $38 billion deal with OpenAI. Stock markets in South...
Asian stock markets moved mixed on Monday, November 3, 2025. Japan led the gains: the Nikkei 225 remained near its record high of around 52.4...
European stocks opened slightly higher in November, with the STOXX 50 and STOXX 600 gaining 0.2%, after closing near record highs in October....
The economic activity in the United States' (US) manufacturing sector continued to contract in October, with the Institute for Supply Management's...