Market

US manufacturing activity expanded for the first time in over two years in January, with ISM's PMI rising to 50.9. Experts view this as a potential catalyst for stock growth.

Published on: February 03, 2025, 05:02 PM UTC

US stocks suffered losses on Monday in reaction to President Donald Trump's announcement of tariffs against China, Mexico, and Canada. However, the major indices reduced their losses mid-morning after Trump said he would postpone tariffs against Mexico by a month. The tech-heavy Nasdaq Composite (^IXIC) was down around 1%, recovering approximately half of its earlier losses. Meanwhile, the S&P 500 (^GSPC) dropped roughly 0.6%, and the Dow Jones Industrial Average (^DJI) moved 0.2% lower. Consumer discretionary (XLY) stocks, which include automakers, were hit the hardest early in the day. Tech (XLK) also affected markets, with declines in shares of AI chip giant Nvidia (NVDA) and iPhone maker Apple (AAPL).

Published on: February 03, 2025, 05:01 PM UTC

UK government departments prepare for potential budget freezes as Treasury seeks to control spending amid economic challenges.

Published on: February 03, 2025, 05:01 PM UTC

US Manufacturing Sector Growth in January Hints at Positive Stock Market Outlook

Published on: February 03, 2025, 05:01 PM UTC

US stocks fell on Monday in response to President Donald Trump's announcement of tariffs on China, Mexico, and Canada. The major averages pared losses mid-morning after Trump said he would delay tariffs against Mexico by a month. The tech-heavy Nasdaq Composite (^IXIC) was down around 1%, recouping about half of its earlier losses. Meanwhile, the S&P 500 (^GSPC) fell roughly 0.6%, and the Dow Jones Industrial Average (^DJI) moved 0.2% lower. Consumer discretionary (XLY) stocks, which includes automakers, were the hardest hit early in the day. Tech (XLK) also dragged on markets as shares of AI chip giant Nvidia (NVDA) and iPhone maker Apple (AAPL) declined.

Published on: February 03, 2025, 05:00 PM UTC

Canada's energy sector escapes major trade war damage with lower tariffs and potential exemptions for some exports.

Published on: February 03, 2025, 04:03 PM UTC

Nvidia stock plunged 5% Monday after Trump's new tariffs, which also hit rivals like AMD (-2%) and Micron (-3%). The tech-heavy Nasdaq was off more than 2% Monday morning after Trump's surprise announcement of additional tariffs on imports from China, Mexico, and Canada.

Published on: February 03, 2025, 04:03 PM UTC

The market has dipped after President Trump announced plans to impose new tariffs on Canada, Mexico, and China. Tech stocks, in particular, have been hit hard.

Published on: February 03, 2025, 04:02 PM UTC

Nvidia stock (NVDA) falls 5% as investors react to Trump's new tariffs and worries about AI spending, chip demand, and potential export restrictions on chips to China.

Published on: February 03, 2025, 04:02 PM UTC

President Trump comments on Federal Reserve's decision to keep interest rates unchanged, discusses tariff plans and their potential impact on inflation and interest rate plans.

Published on: February 03, 2025, 04:01 PM UTC