Posts with tag: landscapes
Gold prices recover after President Trump's speech at Davos, highlighting concerns over interest rates and trade tariffs.
Published on: January 23, 2025, 06:04 PM UTC
Traders in dollar-yen options are changing their strategy going into an expected Bank of Japan rate increase Friday. Most Read from Bloomberg...
Published on: January 23, 2025, 06:03 AM UTC
US stocks climbed across the board on Tuesday as investors digested President Donald Trump's first wave of executive orders, including future tariffs on China and Mexico. The Dow Jones Industrial Average (^DJI) and the benchmark S&P 500 (^GSPC) rose around 0.5% and 0.4%, respectively, while the Nasdaq Composite (^IXIC) also climbed about 0.5%. The tech sector lagged as investors digested Trump's first policy moves, including future tariffs on Mexico and Canada. Netflix (NFLX) is expected to deliver strong results when it reports after the bell, while Charles Schwab (SCHW) reported a surge in earnings of nearly 50% due to increased trading activity. The US dollar (DX-Y.NYB) pulled back from a near two-year high on Monday following news that Trump held off from firing off a barrage of universal tariff hikes, with the currency recovering somewhat on Tuesday after Trump said he was considering 25% duties for Mexico and Canada starting Feb. 1.
Published on: January 21, 2025, 05:02 PM UTC