Trump, tariffs and Global markets
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Trump, inflation
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Trump said this week that there would be no new extensions granted for the August 1 deadline. Market pros tell BI where they see winners and losers.
Markets had dismissed tariff risks under the assumption that Trump would follow an earlier pattern and back off, in what became known as the so-called TACO trade. That allowed stocks to reach new record-high territory recently, marking a stunning rebound from the collapse triggered by his “Liberation Day” reciprocal tariffs in April.
Sensex and Nifty 50 - are likely to open on a lower note on Monday, July 14, amid mixed global cues.Asian markets traded mix on Monday, meanwhile, US stock indices - S&P 500 and the Nasdaq Composite - closed in red.
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InvestorsHub on MSNStock Market Today: S&P 500 Rises After Trump Dismisses Powell Firing RumorsU.S. stocks closed higher on Wednesday, with the S&P 500 edging up after President Donald Trump denied reports suggesting he was preparing to fire Federal Reserve Chairman Jerome Powell. At the close of trading,
Trump’s tariffs and the trade war continue to roil global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.
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Investor's Business Daily on MSNStock Market Today: Dow, S&P 500 Inch Higher As Trump Gives Russia Ceasefire Deadline; This Nvidia-Backed Name Jumps 16% (Live Coverage)IBD 50 name Rocket Lab RKLB soared 7.5% and reached a new high on the stock market today. Citigroup raised its target price to 50 from 33 and held its buy rating on the rocket and spacecraft stock. Rocket Lab has gained around 63% year to date and has a 99 Relative Strength Rating.
Explore the impact of tariffs on U.S. copper markets. Click for risks for Southern Copper Corporation in Peru, and why I suggest a long FCX/short SCCO strategy.
US stocks mostly fell on Friday after President Trump threatened Canada with a 35% tariff on its imports to the US and floated higher blanket levies on most trading partners. The