Market

Stock markets struggle as investors respond to the latest tariff news and await key US inflation data and Fed Chair Powell's testimony.

Published on: February 11, 2025, 02:04 PM UTC

The rise of multi-manager hedge funds poses a threat to financial stability, says Bank of England Governor Andrew Bailey. Multi-manager funds have taken the lion's share of investment flows in recent years, with clients attracted by the promise of steady and diversified returns. However, Bailey said there are signs of correlated activity, which combined with often ruthless risk-management policies could see these funds rush to the exits during market shocks.

Published on: February 11, 2025, 02:04 PM UTC

Trump's actions as president aim to cut spending and finance tax cuts. Targets include foreign aid, healthcare, and even eliminating the penny, while increasing tariffs and exploring budget reductions with efficiency czar Elon Musk. These moves face challenges from congressional limits, market concerns, and legal hurdles, testing the limits of libertarianism in government.

Published on: February 11, 2025, 02:03 PM UTC

US stocks rebounded on Monday as investors looked beyond President Trump's latest tariff threats. The Dow Jones Industrial Average gained nearly 0.4%, the S&P 500 rose roughly 0.6%, and the Nasdaq Composite popped nearly 1%. Investors weighed Trump's recent pledge to introduce additional 25% tariffs on steel and aluminum from all countries, with the official announcement expected on Monday. The new metals tariffs are likely to benefit US steel companies, whose stock jumped. Shares in Cleveland-Cliffs, Nucor and US Steel all jumped. Aluminum producer Alcoa's stock also gained. On the corporate front, 78 S&P 500 companies are set to report earnings this week.

Published on: February 11, 2025, 02:03 PM UTC

US stock futures slip as investors eye Trump tariff policy, Powell's testimony on inflation, and January's CPI data.

Published on: February 11, 2025, 02:02 PM UTC

Wall Street is facing headwinds with Trump 2.0 as dealmaking slows, a tax break is threatened, and big banks face scrutiny. Antitrust concerns, tariff uncertainties, and high valuations are also impacting M&A activity. Banks remain optimistic despite political pressure over debanking allegations.

Published on: February 11, 2025, 02:02 PM UTC

Big Tech's massive AI spending spree in 2023 could be a key indicator for the stock market's direction, according to experts. Tech giants like Microsoft, Alphabet, Amazon, and Meta are set to invest a combined $325 billion in AI, a move that could have significant implications for the market as a whole.

Published on: February 11, 2025, 02:01 PM UTC

Fed Rate Hike May Shock Markets If Inflation Accelerates Due to Trump Tariffs

Published on: February 11, 2025, 02:01 PM UTC

Rail equipment company Wabtec (WAB) is set to announce its Q4 earnings tomorrow. Here's what to expect.

Published on: February 11, 2025, 02:01 PM UTC

Brazilian inflation slowed in early 2023 as energy credits eased price pressures, but the central bank plans further rate hikes to curb inflation, which remains above the target.

Published on: February 11, 2025, 01:07 PM UTC