Market Check
By Chuck Mikolajczak
NEW YORK (Reuters) -U.S. stocks advanced on Wednesday in choppy trading, buoyed as semiconductor stocks rallied late on a report that regulations on artificial intelligence chips would be loosened.
For most of the session, stocks bounced around, and trading remained choppy after the Federal Reserve kept U.S. interest rates unchanged in a move that market participants expected.
Close to the closing bell,... (continue reading...)
By Chuck Mikolajczak
NEW YORK (Reuters) -The S&P 500 fell to snap its longest streak of gains in 20 years on Monday as investors assessed U.S. President Donald Trump's latest tariff announcement ahead of the Federal Reserve's monetary policy decision later this week.
On Sunday, Trump announced a 100% tariff on movies produced outside the U.S. but provided no details on how such levies would be implemented.
Stocks have been... (continue reading...)
By Chibuike Oguh and Sruthi Shankar
NEW YORK (Reuters) -Wall Street stocks advanced on Friday, notching the second straight week of gains, helped by strong economic data and potential easing of trade tensions between the U.S. and China.
The U.S. economy added 177,000 jobs in April, exceeding expectations, while the unemployment rate held steady at 4.2%. The data helped to assuage concerns of a economic slowdown following a Commerce Department... (continue reading...)
Stocks add to gains as Trump signals easing China tariffs; Nasdaq surges 4%
- Dow +2.8%
- S&P 500 +3.2%
- Nasdaq +4.05%
- tariffs on China may come down to between about 50% to 65% versus 145%
NEW YORK (Reuters) - Wall Street surged after U.S. President Donald Trump announced a 90-day pause in tariffs unveiled last week that roiled markets and erased trillions of dollars from global stock markets.
The policy changes also include a lowered overall tariff of 10% during that 90-day period, and an increase in tariffs on Chinese imports to 125%, from the 104% that went into effect overnight.
MARKET REACTION:
STOCKS:... (continue reading...)
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