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Nasdaq holds off delisting Primis Financial until May decision
Nasdaq will wait for the results of a May hearing before delisting McLean-based bank holding company Primis Financial, the company said Monday. Primis Bank announced last week that it had received notice from the stock exchange April 3 that the company was out of compliance with one of Nasdaq‘s rules that requires listed companies to […]
The Latest: Trump considers a pause on his auto tariffs
The federal government says it’s freezing more than $2.2 billion in grants and $60 million in contracts to Harvard University after the institution said it would defy the Trump administration’s demands to limit activism on campus. Meanwhile, President Donald Trump has suggested he might temporarily exempt the auto industry from tariffs he previously imposed on the sector, to give [...]
Wall Street ticks higher in a rare quiet day following weeks of tariff turmoil
NEW YORK (AP) — U.S. stocks are rising Tuesday in a rare quiet day for financial markets, for now at least. The S&P 500 was up 0.3% in afternoon trading, though it’s been prone to huge swings not just day to day but also hour to hour. The day before, it went from a gain of 1.8% to a slight […]
China’s Xi says there are no winners in a tariff war as he visits Southeast Asia
HANOI, Vietnam (AP) — China’s leader Xi Jinping said no one wins in a trade war as he kicked off a diplomatic tour of Southeast Asia on Monday, presenting China as a force for stability in contrast with U.S. President Donald Trump’s latest moves on tariffs, Although Trump has paused some tariffs, he has kept in […]
Stocks rally worldwide after Trump eases some of his tariffs on electronics, for now
NEW YORK (AP) — Stocks are rising worldwide Monday after President Donald Trump relaxed some of his tariffs, for now at least, and as stress from within the U.S. bond market seems to be easing. The S&P 500 was 0.5% higher in midday trading, though trading is still shaky, and it gave back most of its bigger, early gain […]
US stocks dive as euphoria on Wall Street reverts to fear about US-China trade war
NEW YORK (AP) — U.S. stocks dove Thursday and surrendered a chunk of their historic gains from the day before as President Donald Trump’s trade war continues to threaten the economy. The S&P 500 tumbled 3.5%, slicing into Wednesday’s surge of 9.5% following Trump’s decision to pause many of his tariffs worldwide. The Dow Jones Industrial Average dropped 1,014 points, [...]
The Latest: S&P 500 falls 2% at the open despite Trump’s tariff pause
U.S. stocks are giving back some of their historic gains from the day before as Wall Street weighs a global trade war that has cooled in temperature but is still threatening the economy. The S&P 500 was down 2.3% early Thursday, a day after surging 9.5% following President Donald Trump ‘s decision to pause many of his tariffs […]
US stocks drop after another stunning day of reversals as uncertainty reigns about Trump’s tariffs
NEW YORK (AP) — U.S. stocks dropped after a second day of stunning reversals. The S&P 500 fell 1.6% Tuesday after wiping out an early gain of 4.1%, which had it on track for its best day in years. That brought the index nearly 19% below its record set in February. The Dow Jones Industrial […]
Will the tariffs lead to a recession? Here’s how to know if we’re in one
WASHINGTON (AP) — President Donald Trump’s sharp tariff hikes last week have sent the stock market into a tailspin, raised alarm bells among Wall Street executives, and heightened many economists’ worries that the U.S. could tip into recession. The tariffs, set to take effect Wednesday, include a 10% blanket duty on nearly all countries and additional import taxes on […]
Wall Street could be headed for a bear market. Here’s what that means
NEW YORK (AP) — Wall Street could soon be in the claws of another bear market as the Trump administration’s tariff blitz fuels fears that the added taxes on imported goods from around the world will sink the global economy. The last bear market happened in 2022, but this decline feels more like the sudden, turbulent bear market of 2020, when […]
Wall Street points to gains as global markets rebound on tariff roller coaster
World shares and U.S. futures advanced Tuesday, led by gains in Tokyo where the Nikkei 225 shot up just over 6% as markets settled after the shocks from President Donald Trump ‘s tariff hikes. Japan’s Nikkei newspaper reported Tuesday that U.S. Treasury Secretary Scott Bessent would lead trade negotiations with the country, which as been buffeted by […]
Panic Monday: World stock markets plunge again as Trump doubles down on tariffs
FRANKFURT, Germany (AP) — Global stock markets extended a severe plunge Monday, fueled by fears that U.S. tariffs would lead to a global economic slowdown. European and Asian shares saw dramatic losses, the leading U.S. index flirted with bear market territory in pre-market trading, and oil prices sagged. The massive sell-off in riskier assets at the start […]
