Trump has his stance regarding trade deficit reduction with partner nations, indicating he would not negotiate unless this issue was addressed. US stock markets joined the global market selloff on Monday, with S&P 500 opening 3.2% lower. At 9:38 AM GMT, S&P 500 was trading at 4,870.94, down 203 points or 4%. Nasdaq was at…
Goldman Sachs Report: ट्रेड वॉर का असर अब तेल बाज़ार पर भी दिखने लगा है. Goldman Sachs ने अपने ब्रेंट क्रूड और WTI ऑयल के प्राइस अनुमान में तेज़ी से कटौती की है. ब्रेंट का औसत दाम इस साल अब 69 डॉलर प्रति बैरल और WTI का 66 डॉलर प्रति बैरल रहने का अनुमान है….
Trump Tariff: अमेरिकन मल्टीनेशनल फाइनेंशियल सर्विस कंपनी जेपी मॉर्गन ने साल 2025 के अंत तक अमेरिका के मंदी की चपेट में आने की आशंका जताई है. इसके पीछे जिम्मेदार राष्ट्रपति डोनाल्ड ट्रंप की टैरिफ पॉलिसी को ठहराया जा सकता है. बता दें कि ट्रंप ने 2 अप्रैल को दुनिया के तमाम देशों पर रेसिप्रोकल टैरिफ…
J P Morgan projected that the United States will slip into a recession by the end of 2025, attributing the decline largely to President Donald Trump’s newly announced reciprocal tariffs. The forecast comes days after Trump imposed sweeping duties on imports in a bid to rebalance trade ties, with further hikes targeted at countries with…
The US stock market plunged sharply on Thursday, with the Dow Jones Industrial Average dropping 1,400 points, or 3.3%, amid widespread concerns triggered by President Donald Trump’s latest set of severe tariffs. According to news agency AP, the S&P 500 fell 4%, while the Nasdaq Composite dropped 5.1%, reflecting a broader global market sell-off. At…
President Donald Trump announced tariffs on Wednesday against major US trading partners that were more aggressive than anticipated, sending shockwaves through global markets as investors worried the duties would stall the global economy, hit corporate earnings and stoke inflation. The market reaction was sweeping as Trump said he would impose a 10% baseline tariff on…
As President Donald Trump’s “Liberation Day” approaches, stock markets around the world saw declines on Monday, driven by fears of the tariffs set to take effect on Wednesday. From Wall Street to Wellington, New Zealand, global markets faced significant sell-offs ahead of the impending economic moves.In the US, the S&P 500 dropped by 0.6%, following…
Global brokerage firm Goldman Sachs has reduced its price targets on Indian IT stocks by 3% to 32%, citing lower revenue growth forecasts driven by macroeconomic uncertainty in the US. According to an ET report, the brokerage noted that the US accounts for around 60% of India’s IT revenues, and the downgrade in GDP forecasts…
Is the US economy headed for a downturn? (AI image) Is the US economy headed for a recession? A recession happens when an economy’s GDP contracts for two consecutive quarters. A recent SBI Research report says that the long term US GDP growth shows a declining trend.Concerns have risen about the economic outlook of the…
Fears are ripe of a US economic recession. What will high US tariffs and America’s economic slowdown mean for India? It’s mayhem in US stock markets! The S&P 500 has plunged more than 10% since its highest level which was seen last month. The turbulence is being caused by US President Donald Trump’s trade war…