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- Why stocks held up despite rising yields and $100 oil? These 2 words explain it
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- White House blocks CNN from Air Force One trip, Washington Post reports
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- Exclusive-SK Hynix's Solidigm weighs IPO that could value the unit at up to $150 billion, sources say
- Wall Street ends higher as investors buy AI stocks; Microsoft rallies
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Trump 2.0 is bad news for Asia, but these stocks still present opportunities
November 7, 2024 11:00 PM ESTAccording to a note from Macquarie on Thursday, the Trump 2.0 presidency could introduce new challenges for Asia, with expected tariff increases and a stronger U.S. dollar pressuring emerging market equities.
Despite the headwinds, Macquarie analysts see selective opportunities across the region, especially in sectors like IT, defense, and specific consumer markets.
Macquarie emphasizes that Trumps indicative plans to raise tariffs and cut taxes could push up inflation and reduce the pace of... More
SPDR S&P 500 ETF Trust (SPY)
November 7, 2024 2:37 PM ESTPowell: In Near Term Election Will Have no Effect on Policy Decision
... MorePowell: Overall Inflation has Moved Much Closer to Goal
November 7, 2024 2:34 PM ESTPowell: Overall Inflation has Moved Much Closer to Goal
... More
