Market

Markets plunged after investors realized President Trump was serious about imposing hefty tariffs on Canada, Mexico and China. Nasdaq 100 futures dove more than 1.7%, S&P 500 futures spiraled roughly 1.5%, and Dow Jones Industrial Average futures tumbled about 1.3%.

Published on: February 03, 2025, 02:01 PM UTC

Despite widespread opposition, Donald Trump is unlikely to reverse his decision to levy tariffs on Canada, Mexico, and the EU. While legal challenges are expected, the president has broad authority and invoked national security concerns, making it challenging for any force outside of himself to stop him.

Published on: February 03, 2025, 02:01 PM UTC

Five key charts reveal how gold hits record high, shale activity slows, and the energy transition faces challenges.

Published on: February 03, 2025, 02:01 PM UTC

Stocks slump after Trump imposes hefty tariffs on Canada, Mexico, and China. Nasdaq 100 futures dive more than 1.7%, leading declines among the three major indexes. Investors had not factored in tariffs into their market outlook, raising concerns about potential risks and a repricing of assets.

Published on: February 03, 2025, 02:00 PM UTC

President Trump imposes tariffs on Canada, Mexico, and China, citing national emergency concerns over fentanyl and illegal migration. The tariffs take effect on February 4th, and retaliatory measures from the affected countries are expected. The economic impact is estimated to be significant, with potential job losses and price increases. The move has drawn criticism from business groups and some Republican allies.

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

Stocks dipped after President Trump imposed tariffs, but a strong earnings season and potential for improvement in the manufacturing sector could provide tailwinds. The January jobs report, due out Friday, and ISM Manufacturing PMI on Monday will provide key updates on the economy's health.

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

The worlds of traditional finance and crypto are converging as President Donald Trump encourages favorable crypto regulation. Trump's Truth.Fi will invest in cryptocurrencies, with Charles Schwab handling custody. Elimination of SAB 121 enables banks to hold crypto assets, potentially fostering wider acceptance.

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

Southwest Airlines stock fell 5% last week due to rising costs, but CEO Bob Jordan remains optimistic about the company's turnaround strategy, buoyed by rising confidence in fleet partner Boeing.

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

Trump's tariffs on Canada, Mexico, and China have sent shockwaves through Wall Street, with Dow Jones Industrial Average futures down over 500 points. Morgan Stanley, EvercoreISI, JP Morgan, 22V Research, Bernstein Digital Assets, Vontobel Strategy Team, Deutsche Bank, BMO Capital Markets, TD Securities, and Stifel analysts share their insights on the potential economic impact, market reactions, and implications for various industries.

Published on: February 03, 2025, 01:02 PM UTC

US stocks expected to plunge as markets digest Trump's tariffs on China, Mexico, and Canada.

Published on: February 03, 2025, 01:02 PM UTC