Market

Major U.S. stock indexes ended higher on Tuesday, led by gains in technology and other growth sectors, as investors assessed the latest developments in the U.S.-China trade dispute and fresh economic data.

Published on: February 05, 2025, 01:02 AM UTC

Cheap fashion fans face higher prices as Trump closes loophole that allowed Chinese retailers to ship goods duty-free. The move targets discount retailers like Shein and Temu, which have grown rapidly in recent years thanks to the exemption.

Published on: February 05, 2025, 01:01 AM UTC

Fed Vice Chair Jefferson says the Fed can keep cutting interest rates "over the medium term" as inflation slows and the economy remains solid.

Published on: February 05, 2025, 01:01 AM UTC

Japan's service industry expands for third month in a row in January, supported by new export business and optimism about the future.

Published on: February 05, 2025, 01:00 AM UTC

The Australian and New Zealand dollars remained strong ahead of Chinese markets reopening. Traders are eyeing the fixing of the yuan midpoint rate by the PBOC as China responds to new US tariffs.

Published on: February 05, 2025, 01:00 AM UTC

The stock market is poised to face challenges in the first half of the year, according to Morgan Stanley's top stock strategist. Investors could see weak returns for the S&P 500 for at least the next 3 months due to risks stemming from Trump's trade and immigration policies.

Published on: February 05, 2025, 01:00 AM UTC

Solar energy company Enphase Energy forecasts Q1 revenue above expectations due to strong demand, sending its shares up 6% after hours.

Published on: February 05, 2025, 12:04 AM UTC

Robinhood (HOOD) temporarily halts event contracts rollout after CFTC request

Published on: February 05, 2025, 12:04 AM UTC

Robert F. Kennedy Jr. is nominated for HHS secretary. Some analysts believe it bodes poorly for big pharma, but Pfizer CEO Albert Bourla says he doesn't think so. In fact, Bourla says that RFK's views on vaccines are not as radical as publicly perceived. Bourla met with Kennedy and President Donald Trump in Mar-a-Lago prior to Trump taking office. Trump brought up the topic of vaccines. "Mr. Kennedy had very modest views. So, he tempered his views on vaccines, at least in our discussions, very much. If he will do things to try and undermine the capability of vaccines, I think the medical community, the payers ... will all oppose him," Bourla told Yahoo Finance.

Published on: February 05, 2025, 12:03 AM UTC

Disney set to report earnings with streaming growth and theatrical hits, despite park headwinds. Analysts expect revenue of $24.57 billion and EPS of $1.42. Disney+ subscriber loss of 1.41 million anticipated, but streaming profitability remains a focus.

Published on: February 05, 2025, 12:03 AM UTC