Please ensure Javascript is enabled for purposes of website accessibility

trade war

Sell-off worsens worldwide and Dow drops 1,200 after China retaliates against Trump tariffs
Apr 23, 2025

Stock market today: Markets bounce after Trump says he won’t try to fire Fed Chair Powell

U.S. markets are poised to open with big gains, a clear sign of relief after President Donald Trump said he would not attempt to fire the head of the Federal Reserve. Futures for the Dow Jones Industrial Average jumped 1.9% before the bell Wednesday, while S&P 500 futures rose 2.6%. Nasdaq futures climbed a full 3%. Trump, […]

Wall Street sign in lower Manhattan New York, USA
Apr 22, 2025

Wall Street rallies to recover some of its sharp losses as the dollar and US bond market steady

NEW YORK (AP) — U.S. stocks are rallying Tuesday after companies reported fatter profits than expected, and other U.S. investments are also steadying a day after falling sharply on worries about President Donald Trump‘s trade war and his attacks on the head of the Federal Reserve. The S&P 500 was 2% higher in morning trading and on track to […]

Big Tech’s ‘Magnificent Seven’ heads into earnings season reeling from Trump turbulence
Apr 21, 2025

Big Tech’s ‘Magnificent Seven’ heads into earnings season reeling from Trump turbulence

SAN FRANCISCO (AP) — As Big Tech kicks off its quarterly earnings season this week, the industry’s bellwether companies have been thrust into a cauldron of uncertainty and turmoil that they didn’t anticipate when Donald Trump re-entered the White House nearly 100 days ago. Since President Trump’s Jan. 20 inauguration, Big Tech stocks have been […]

FILE - In this July 31, 2019, file photo, Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington. (AP Photo/Manuel Balce Ceneta, File)
Apr 21, 2025

Trump renews attack on Federal Reserve Chair Powell

WASHINGTON (AP) — President Donald Trump repeated his attacks Monday against the chair of the Federal Reserve, demanding that the central bank lower its key interest rate to boost the economy. Trump called Jerome Powell “a major loser” and said that energy and grocery prices are “substantially lower” and “there is virtually No Inflation.” Yet Trump said the […]

Trader Sal Suarino works on the floor of the New York Stock Exchange, Monday, April 21, 2025. (AP Photo/Richard Drew)
Apr 21, 2025

The Dow sinks nearly 1,000 points

NEW YORK (AP) — Wall Street weakened Monday as investors worldwide get more skeptical about U.S. investments because of President Donald Trump’s trade war and his criticism of the Federal Reserve, which are shaking the traditional order. The S&P 500 sank 2.4% in another wipeout. That yanked the index that’s at the center of many 401(k) accounts 16% below […]

Retail sales rise 1.4% in March as shoppers stock up on big ticket items ahead of tariffs
Apr 16, 2025

Retail sales rise 1.4% in March as shoppers stock up on big ticket items ahead of tariffs

NEW YORK (AP) — U.S. shoppers stepped up their shopping last month, fueled by a spending spree on big ticket items, particularly cars, before President Donald Trump‘s expansive new tariffs started kicking in. But analysts were quick to point out that the data wasn’t a sign of strength but underscored the extreme economic uncertainty that […]

The Latest: Global tariff battle escalates as China retaliates with 125% tariffs on US goods
Apr 11, 2025

The Latest: Global tariff battle escalates as China retaliates with 125% tariffs on US goods

China announced Friday that it will raise tariffs on U.S. goods from 84% to 125% — the latest salvo in an escalating trade war between the world’s two largest economies that has rattled markets and raised fears of a global slowdown. While U.S. President Donald Trump paused import taxes this week for other countries, he raised tariffs on China and […]

US stocks dive as euphoria on Wall Street reverts to fear about US-China trade war
Apr 10, 2025

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
Apr 10, 2025

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 […]

S&P 500 soars 9.5% to one of its biggest gains since WWII after Trump pauses most tariffs
Apr 9, 2025

S&P 500 soars 9.5% to one of its biggest gains since WWII after Trump pauses most tariffs

NEW YORK (AP) — Stocks surged to one of their biggest gains since World War II after President Donald Trump paused his tariffs against most other nations, as investors had desperately hoped he would. The S&P 500 soared 9.5% Wednesday. The index is still below where it was when Trump announced his sweeping set of […]

The Latest: Asia and European shares sink as US tariffs take effect
Apr 9, 2025

The Latest: Asia and European shares sink as US tariffs take effect

Facing a global market meltdown, President Donald Trump on Wednesday abruptly backed down on his tariffs on most nations for 90 days but raised his tax rate on Chinese imports to 125%. U.S. markets surged in response. The S&P 500 was up 7.8% in afternoon trading. It had been down earlier in the morning amid worries […]

President Donald Trump speaks during an event to announce new tariffs in the Rose Garden at the White House, Wednesday, April 2, 2025, in Washington. (AP Photo/Mark Schiefelbein)
Apr 9, 2025

Trump’s latest round of tariffs have taken effect — and more retaliation is coming. What we know

NEW YORK (AP) — President Donald Trump has launched tariff wars with almost all of America’s trading partners. And his track record of on-again, off-again new levies continued Wednesday with a 90-day pause for most nations targeted by the latest volley of import taxes, hours after they went into effect. Just after midnight, dozens of countries began facing steeper duties from the U[...]

YOUR NEWS.
YOUR INBOX.
DAILY.

By subscribing you agree to our Privacy Policy.