Global stocks plummet after Trump renews tariff threat on China
5 years, 8 months ago

Global stocks plummet after Trump renews tariff threat on China

CNN  

New York CNN Business — President Donald Trump sent shivers through global markets on Monday, with stocks plunging after he threatened new tariffs that would escalate the US-China trade war. Trump renewed threats to raise tariffs on Chinese goods over the weekend, a threat that could derail a round of trade talks with Beijing scheduled to start on Wednesday. “For now, one thing is almost certain: financial markets will react sharply to the suddenly increased risk of a full-on US-China trade war,” she said. Trump said that he believed talks were progressing too slowly and the additional tariffs could be applied “shortly.” The sudden escalation caught investors badly off guard.

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History of this topic

Chinese Stocks Tumble in Worst Start to a Year Since 2016
1 week ago

Chinese Stocks Tumble in Worst Start to a Year Since 2016

Live Mint  

-- Chinese stocks posted their worst start to a year in nearly a decade as investors braced for economic uncertainties with weaker-than-expected manufacturing data and an anticipated hike in tariffs. “The underlying momentum for China remains quite fragile, and it will take some efforts from the authorities to change the conversation on the country’s medium-term deflationary dangers.” While Chinese stocks …

Stock market today: Asian shares fall as China reports lackluster data, while bitcoin hits new highs
3 weeks, 3 days ago

Stock market today: Asian shares fall as China reports lackluster data, while bitcoin hits new highs

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Shares retreated Monday in …

US stock market surges to record high despite Trump’s tariff threats
1 month, 2 weeks ago

US stock market surges to record high despite Trump’s tariff threats

Al Jazeera  

The S&P 500 rises 0.57 percent after US president-elect’s tariff announcements roil European and Asian markets. US stocks have hit record highs despite United States President-elect Donald Trump’s pledge to impose sweeping tariffs that threaten to upend international trade. Some big-name individual stocks fell, including General Motors and Ford Motor, both of which import vehicles from Mexico, a target of …

Bets on ‘Trump Put’ Send Stocks, Bitcoin Higher: Markets Wrap
1 month, 2 weeks ago

Bets on ‘Trump Put’ Send Stocks, Bitcoin Higher: Markets Wrap

Live Mint  

Beneficiaries of the incoming administration’s looser regulation and business-friendly stance put forth strong showings this week. Stocks gained while Bitcoin crushed doubters and the dollar extended gains into an eighth week, the currency’s longest run of the year. Fundstrat’s Thomas Lee sees room for more gains in small-caps and cyclicals given President-elect’s plans for deregulation and general “animal spirits.” He …

Wall St holds Trump trade gains with stocks steady, bitcoin at record high
Trending News
1 month, 4 weeks ago

Wall St holds Trump trade gains with stocks steady, bitcoin at record high

Live Mint  

By Lawrence Delevingne -Wall Street kicked off a busy week on Monday by holding on to gains from the surge in stocks that followed Donald Trump's U.S. election victory, while oil prices declined and bitcoin raced to a new record high. Hong Kong shares slipped to a three-week low as China's local government debt-relief package fell short of investors' expectations …

Stock market today: Wall Street cruises to more records as it closes its best week in a year
2 months ago

Stock market today: Wall Street cruises to more records as it closes its best week in a year

Associated Press  

NEW YORK — U.S. stocks cruised to more records as they closed their best week in a year on Friday. The relatively quiet trading followed huge gains earlier in the week after Donald Trump won the presidential election and the Federal Reserve cut interest rates again to make things easier for the economy. Digital pinboard and shopping site Pinterest slid …

The Trump effect: Global stock markets surge while Bitcoin jumps to a record high as The Donald claims election victory
Trending News
2 months ago

The Trump effect: Global stock markets surge while Bitcoin jumps to a record high as The Donald claims election victory

Daily Mail  

Global stock markets and the dollar surged this morning as Donald Trump claimed victory in the US presidential election. Meanwhile London's stock market rose 0.9 per cent, Paris climbed 1.0 percent and Frankfurt advanced 0.8 percent as they rallied at the start of trading this morning. Trump went on to paint a positive vision for the next four years under …

Markets close at record highs as Trump is reelected
2 months ago

Markets close at record highs as Trump is reelected

CNN  

New York CNN — US stocks rocketed higher Wednesday following a decisive and consequential victory for former President Donald Trump in Tuesday’s US presidential election. JPMorgan analysts predicted in a report ahead of Tuesday’s election result that under a “red wave,” stocks stood to gain through the end of 2024, but “the uncertainty around policy execution would become more prominent …

Stock market today: Global shares tumble after a wipeout on Wall Street as Big Tech retreats
5 months, 2 weeks ago

Stock market today: Global shares tumble after a wipeout on Wall Street as Big Tech retreats

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Stock market today: Asian shares gain despite Wall Street's tech-led retreat
8 months, 3 weeks ago

Stock market today: Asian shares gain despite Wall Street's tech-led retreat

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Asian shares advanced on Thursday …

U.S. stock indexes fall as coronavirus lockdown protests spread in China
2 years, 1 month ago

U.S. stock indexes fall as coronavirus lockdown protests spread in China

LA Times  

Stocks closed lower on Monday as the market reacted to weekend protests in China over its strict COVID-19 lockdowns. A broad slide on Wall Street left stocks lower Monday as global financial markets reacted to protests in China calling for President Xi Jinping to step down amid growing anger over severe COVID-19 restrictions. The world’s second-largest economy has been stifled …

Global investors are bullish again on China as Beijing switches to damage control
2 years, 1 month ago

Global investors are bullish again on China as Beijing switches to damage control

CNN  

Hong Kong CNN Business — Market sentiment on Chinese stocks hit rock bottom just weeks ago after President Xi Jinping secured a historic third term in power and stacked his top team with loyalists in a clean sweep not seen since the Mao era. Reuters also reported Wednesday that US regulators gained “good access” in their review of auditing work …

China’s stock markets jump on hopes for end to ‘zero COVID’
2 years, 2 months ago

China’s stock markets jump on hopes for end to ‘zero COVID’

Al Jazeera  

Shares rise more than 7 percent in Hong Kong and 2.5 percent in Shanghai after report decrying ‘overly strict measures’. Shares rose more than 7 percent in Hong Kong and 2.5 percent in Shanghai on Friday after the Global Times said health authorities stressed the need for anti-pandemic efforts to proceed “prudently and delicately” and with “the shortest time and …

Global markets rattled by Wall Street and China’s zero-Covid pledge
2 years, 8 months ago

Global markets rattled by Wall Street and China’s zero-Covid pledge

CNN  

Hong Kong/London CNN Business — Global markets slid Friday after Wall Street suffered its worst day of the year. They followed stocks in Asia, which sold off as China’s pledge to stick to its zero-Covid policy stoked concerns about the world’s second biggest economy. Hong Kong’s Hang Seng Index tumbled 3.8%, leading losses in Asian markets and logging its worst …

Shares plunge as fears grow over impact of China’s draconian Covid lockdown
2 years, 8 months ago

Shares plunge as fears grow over impact of China’s draconian Covid lockdown

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Global stocks and oil prices hit by fears of a Beijing lockdown
2 years, 8 months ago

Global stocks and oil prices hit by fears of a Beijing lockdown

CNN  

Hong Kong CNN Business — Global stocks and oil prices fell on Monday as rising Covid-19 cases in Beijing sparked fears that the Chinese capital could join Shanghai and other major cities in lockdown. “Although some parts of China have been under restrictions longer than Shanghai, Omicron’s arrival in Beijing would be an ominous development,” wrote Jeffrey Halley, senior market …

Global markets brace for a nervous week ahead over new Covid variant fears
3 years, 1 month ago

Global markets brace for a nervous week ahead over new Covid variant fears

CNN  

Hong Kong/London CNN Business — Stocks in Asia fell on Monday while European markets and US futures edged higher as investors continued to digest news about a new Covid-19 variant. European markets rebounded slightly from heavy losses on Friday, when the emergence of the Omicron variant shook global markets. On Monday, it urged countries to accelerate Covid-19 vaccination efforts among …

Asian stocks mixed after Wall Street rebound
3 years, 5 months ago

Asian stocks mixed after Wall Street rebound

Associated Press  

BEIJING — Asian stock markets were mixed Wednesday after Wall Street rebounded and Japanese exports surged as investors tried to figure out how rising coronavirus infections will affect the global economy. Overnight, Wall Street’s benchmark S&P 500 index gained 1.5%, recovering much of the previous day’s loss. “A new wave of infections could delay the reopening of global economies.” Also …

Tech leads stocks lower in early trading on Wall Street
3 years, 11 months ago

Tech leads stocks lower in early trading on Wall Street

Associated Press  

NEW YORK — Tech companies are leading stocks lower in the early going on Wall Street, including a steep drop in IBM after the company reported disappointing revenue in the latest quarter. European stocks fell following a weak reading on that region’s economy, and Asian markets fell after a resurgence of coronavirus infections in China. BEIJING — Global stock markets …

US stocks hit records after Trump signs $900B aid package
4 years ago

US stocks hit records after Trump signs $900B aid package

Associated Press  

Stocks began the final week of 2020 with more gains Monday, nudging the major U.S. indexes to record highs. The broad rally came as investors welcomed the decision by President Donald Trump to sign a $900 billion coronavirus economic aid package. “By and large, it’s a kind of broad-based optimism, so-far-so-good on the vaccine rollout, and the stimulus bill to …

Global markets drop, spooked by China-US row over Covid-19
4 years, 8 months ago

Global markets drop, spooked by China-US row over Covid-19

Hindustan Times  

Shares took a turn for the worse on Monday as tensions between the Trump administration and China over the origins and handling of the coronavirus pandemic rattled investors. The antagonisms threaten to undo the truce in a trade war between Washington and Beijing that was struck just before China began shutting much of its economy down in late January to …

Global stocks and US futures fall as US-China tensions return
4 years, 8 months ago

Global stocks and US futures fall as US-China tensions return

CNN  

New York/Hong Kong/London CNN Business — Global markets and US stock futures dropped Monday after the White House renewed efforts to blame China for the coronavirus pandemic and President Donald Trump warned the disease could kill up to 90,000 Americans. He also said there is “enormous evidence” backing Trump’s claim that the virus originated in a laboratory in Wuhan, China …

US Markets fall: Dow drops more than 600 points
4 years, 8 months ago

US Markets fall: Dow drops more than 600 points

Al Jazeera  

Wall Street sold off sharply on Friday after President Donald Trump revived a threat of new tariffs against China in response to the COVID-19 pandemic, which has brought global economies to a grinding halt. But epically awful economic data, Trump’s renewed threats to punish China with tariffs, and warnings from corporate America of coronavirus-related profit hits ahead dragged on investor …

Wall Street and Main Street on watch to see if Trump gains erased
4 years, 9 months ago

Wall Street and Main Street on watch to see if Trump gains erased

Al Jazeera  

US stocks open lower, signalling more losses ahead after Dow closed below 20,000 for first time since Feb 2017. United States stocks drafted lower then higher on Thursday, following Wednesday’s session that saw the Dow Jones Industrial Average close below 20,000 for the first time since February 2017 – a hair’s breadth from erasing all of its gains since President …

Global stocks sink after Trump promises virus aid
4 years, 9 months ago

Global stocks sink after Trump promises virus aid

Deccan Chronicle  

Beijing: Global stock markets sank wednesday in a third day of wild price swings after President Donald Trump promised aid to get the US economy through the coronavirus outbreak. On tuesday, the S&P rose by an unusually wide daily margin of 6 per cent, regaining just under half the previous day's history-making loss. The FTSE 100 in London dropped 4.3 …

U.S. stocks trade halted for 15 minutes after bruising open
4 years, 10 months ago

U.S. stocks trade halted for 15 minutes after bruising open

The Hindu  

Trading on Wall Street was temporarily halted early on Monday as U.S. stocks joined a global rout on crashing oil prices and mounting worries over the coronavirus. After two difficult weeks amid rising worries over the virus, markets appeared to enter a new phase of worry early on Monday after oil producers failed to reach an agreement on a pact …

US stocks halted after falling 7%. Global stocks plunge as oil crashes and coronavirus fear spreads
4 years, 10 months ago

US stocks halted after falling 7%. Global stocks plunge as oil crashes and coronavirus fear spreads

CNN  

Hong Kong/New York/London CNN Business — Global markets are plunging after the implosion of an alliance between OPEC and Russia caused the worst one-day crash in crude prices in nearly 30 years, fueling panic triggered by the escalation of the coronavirus epidemic. The kingdom is trying to retake global market share after Russia refused Friday to go along with OPEC’s …

Global Markets: Fears of pandemic send stocks lower, safe havens in demand
4 years, 11 months ago

Global Markets: Fears of pandemic send stocks lower, safe havens in demand

India Today  

Asian stocks and currencies tumbled further on Thursday, as the rising death toll from a virus spreading from China led airlines to cut flights and stores to close, increasing pressure on the world’s second-largest economy as fears of a pandemic grow. MSCI’s broadest index of Asia-Pacific shares outside Japan.MIAPJ0000PUS fell 2 per cent to a seven-week low and has now …

US markets: S&P 500, Nasdaq hit record on IBM, waning China virus fears
4 years, 11 months ago

US markets: S&P 500, Nasdaq hit record on IBM, waning China virus fears

Live Mint  

The S&P 500 and the Nasdaq scaled new highs on Wednesday, as an upbeat forecast from IBM added to optimism over earnings, while China's efforts to contain a virus outbreak eased worries about a wider financial fallout. International Business Machines Corp shares jumped 4.1% after it forecast full-year profit above market expectations on strength in its high-margin cloud computing business. …

Chinese stocks just had their worst day in more than eight months as the coronavirus spreads
4 years, 11 months ago

Chinese stocks just had their worst day in more than eight months as the coronavirus spreads

CNN  

Hong Kong CNN Business — Stocks in China just had their worst day in more than eight months as a deadly virus spreads across the country, causing officials to partiallylock down Wuhan, the central Chinese city where it originated. It’s the index’s worst single-day percentage drop since last May, when President Donald Trump threatened new tariffs on China. The World …

US stocks hit record highs after Trump comments on Iran
5 years ago

US stocks hit record highs after Trump comments on Iran

Live Mint  

The S&P 500 and the Nasdaq hit record highs on Wednesday after President Donald Trump said there were no American casualties in the Iranian missile strikes and that Tehran appeared to be standing down, sparking a relief rally in markets. Iranian forces fired missiles overnight at military bases housing US troops in Iraq, in response to the US killing of …

BSE, NSE, commodity markets, forex closed today for Dussehra; China joins Asian shares in cautious advance ahead of trade talks
5 years, 3 months ago

BSE, NSE, commodity markets, forex closed today for Dussehra; China joins Asian shares in cautious advance ahead of trade talks

Firstpost  

On Monday, the stock market benchmark Sensex on the BSE declined by 141 points after a volatile session The National Stock Exchange of India and BSE Limited are shut for trading today, on account of Dussehra. Asian shares inch up Asian shares inched up on Tuesday, with Chinese shares making modest gains after a week-long holiday, though investors remained cautious …

BSE, NSE, shut on account of Ganesh Chaturthi today; global stocks fall as new US-China tariffs add to gloom
5 years, 4 months ago

BSE, NSE, shut on account of Ganesh Chaturthi today; global stocks fall as new US-China tariffs add to gloom

Firstpost  

On Friday, equity benchmark BSE Sensex advanced 264 points, propelled by gains in index heavyweights HDFC, ICICI Bank, among others The National Stock Exchange, BSE, bond, commodity and forex markets will remain closed for trading on 2 September 2019 on account of Ganesh Chaturthi. On Friday, equity benchmark BSE Sensex advanced 264 points, propelled by gains in index heavyweights HDFC, …

Dow gains 270 points thanks to trade optimism
5 years, 4 months ago

Dow gains 270 points thanks to trade optimism

CNN  

New York CNN Business — The Dow and the broader stock market finished sharply higher on rebound Monday, reversing course from Friday’s selloff after President Donald Trump said China wants to get back to the negotiating table. First, China’s Vice Premier Liu He said Monday that an escalation of the trade war would be bad for all parties and “the …

Dow falls 2% as Trump escalates trade dispute with China
5 years, 4 months ago

Dow falls 2% as Trump escalates trade dispute with China

Live Mint  

The Wall Street sell-off accelerated Friday afternoon after US President Donald Trump threatened new retaliation against China in response to Beijing's latest tariff announcement. The broad-based S&P 500 also slid 2.0 percent to 2,863.47, while the tech-rich Nasdaq Composite Index sank 2.4 percent to 7,796.42. President Donald Trump ordered U.S. companies "to immediately start looking for an alternative to China" …

Trump tweets new round of China tariffs
5 years, 4 months ago

Trump tweets new round of China tariffs

CNN  

Washington CNN — President Donald Trump on Friday counterpunched against retaliatory tariffs announced by Beijing earlier in the day, pledging to hike the rates importers must pay on Chinese-made goods even higher. “We’re having a little spat with China and we’ll win it,” Trump told reporters Friday night before departing for the annual G7 summit in Biarritz, France. “China should …

Trump Announces Higher Tariffs On Goods From China After Dow Plunges 623 Points
5 years, 4 months ago

Trump Announces Higher Tariffs On Goods From China After Dow Plunges 623 Points

NPR  

Trump Announces Higher Tariffs On Goods From China After Dow Plunges 623 Points Enlarge this image toggle caption Alex Brandon/AP Alex Brandon/AP Updated at 5:18 p.m. ET President Trump on Friday announced higher tariffs on goods from China, hours after Beijing said it will slap tariffs on $75 billion of autos and other U.S. goods. The first batch of China's …

Trump delays tariffs on some Chinese goods until December
5 years, 4 months ago

Trump delays tariffs on some Chinese goods until December

Associated Press  

WASHINGTON — Responding to pressure from businesses and growing fears that a trade war is threatening the U.S. economy, the Trump administration is delaying most of the import taxes it planned to impose on Chinese goods and is dropping others altogether. But under pressure from retailers and other businesses, President Donald Trump’s trade office said it would delay until Dec. …

US-China trade war intensifies: Donald Trump administration designates Beijing a currency manipulator
5 years, 5 months ago

US-China trade war intensifies: Donald Trump administration designates Beijing a currency manipulator

Firstpost  

The Trump administration’s dramatic move against China hastened the risk aversion seen in global markets this week Tokyo: Global stocks extended their already substantial losses and the offshore yuan hit an all-time low on Tuesday after Washington designated Beijing a currency manipulator in a rapid escalation of the US-China trade war. “Following the latest development in the US-China trade war, …

Wall Street sinks as yuan slide inflames U.S.-China trade dispute
5 years, 5 months ago

Wall Street sinks as yuan slide inflames U.S.-China trade dispute

Firstpost  

By April Joyner NEW YORK - Wall Street’s major indexes posted their biggest percentage drop of the year on Monday as a fall in the yuan following U.S. President Donald Trump’s vow to impose additional tariffs on Chinese goods sparked fears of further escalation of the U.S.-China trade war. While stocks pared losses in the last hour of trading to …

Trump imposes tariffs on $300bn more Chinese goods in sharp escalation of trade war
5 years, 5 months ago

Trump imposes tariffs on $300bn more Chinese goods in sharp escalation of trade war

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Mr Trump’s latest round of …

Asian market latest: Asia tech stocks, Chinese yuan fall after Trump renews US-China trade war
5 years, 5 months ago

Asian market latest: Asia tech stocks, Chinese yuan fall after Trump renews US-China trade war

CNN  

Hong Kong CNN Business — Asian stocks and the Chinese yuan took a beating Friday after US President Donald Trump announced another round of tariffs on China. Suppliers of the Chinese tech company Huawei were hit particularly hard after Trump reignited his country’s trade war with China by saying he would add a 10% tariff on $300 billion worth of …

Trump’s proposed China tariffs have financial markets shaking
5 years, 5 months ago

Trump’s proposed China tariffs have financial markets shaking

Al Jazeera  

President Donald Trump abruptly escalated his trade war with China, announcing that he would impose a 10% tariff on $300 billion in Chinese imports that aren’t yet subject to U.S. duties. The new tariff will be imposed beginning Sept. 1, Trump said in a tweet Thursday that broke a tentative trade cease-fire between the world’s two biggest economies. Keep in …

Wall Street is betting the president won’t let stocks collapse
5 years, 7 months ago

Wall Street is betting the president won’t let stocks collapse

CNN  

New York CNN Business — Investors are once again growing worried about the US-China trade war. “If the pain gets too great in the economy and stock market, he will have to find a face-saving solution,” said Carter Mack, president and co-founder of JMP Group, a San Francisco-based investment bank. “He understands that if the stock market and economy crash …

Dow drops nearly 300 points as Wall Street braces for deeper trade war
5 years, 7 months ago

Dow drops nearly 300 points as Wall Street braces for deeper trade war

CNN  

New York CNN Business — Wall Street is coming to grips with the idea that the US-China trade war will get worse before it gets better. We see a rising risk that tariffs will remain in effect through end-2020.” Nomura chief US economist Lewis Alexander “You can’t have the world’s two largest economies in a long, drawn-out mutually destructive trade …

The Latest: Trump threatens more action in China trade fight
5 years, 7 months ago

The Latest: Trump threatens more action in China trade fight

Associated Press  

WASHINGTON — The Latest on the tariffs battle between China and the United States : 2:35 p.m. President Donald Trump says he’s going to take further action to help the nation’s farmers in the midst of an escalating trade war with China. China announced tariff hikes Monday on $60 billion of American goods in retaliation for President Donald Trump’s latest …

Trade war: US stock markets fall sharply after Trump imposes new tariffs on China
5 years, 7 months ago

Trade war: US stock markets fall sharply after Trump imposes new tariffs on China

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Trade tensions worsened last week when the Trump administration …

China to impose tariffs on $60 bn of US goods despite Donald Trump warning
5 years, 7 months ago

China to impose tariffs on $60 bn of US goods despite Donald Trump warning

Live Mint  

Washington/Beijing: China said on Monday it would impose higher tariffs on a range of US goods, striking back in its trade war with Washington shortly after US President Donald Trump warned it not to retaliate. China's finance ministry said it plans to set import tariffs ranging from 5% to 25% on 5,140 US products on a target list worth about …

Dow plunges hundreds of points as Trump's trade war with China takes a toll on the stock market
5 years, 7 months ago

Dow plunges hundreds of points as Trump's trade war with China takes a toll on the stock market

Salon  

President Donald Trump's trade war with China has taken a toll on the U.S. stock market. After China announced it would raise tariffs on $60 billion worth of American goods, the Dow Jones industrial average fell Monday afternoon by more than 700 points or nearly 3 percent, according to The Washington Post. European markets also saw major drops, with the …

Dow plunges 617 points after China retaliates with higher tariffs
5 years, 7 months ago

Dow plunges 617 points after China retaliates with higher tariffs

CNN  

New York CNN Business — The Dow plunged Monday after China said it will raise tariffs in retaliation to last week’s tariff increase by the United States. Stocks recovered on Friday after Trump and Treasury Secretary Steven Mnuchin called last week’s talk with Chinese negotiators “constructive.” Still, the Dow ended the week 2.1% lower, making its worst week since March. …

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