The United States’ loss of its last triple-A credit rating and mounting concerns about government debt are threatening to disrupt the relative calm in financial markets that has prevailed since President Trump began pausing tariffs early last month. One factor jarring markets is a bill in Congress that would make Mr. Trump’s signature 2017 tax…
The stock market is now higher than before President Trump’s broad and steep tariffs sent share prices into a tailspin. The 10-year government bond yield is now largely in line with where it started the year. On Tuesday, a widely watched measure of inflation nudged lower. Judging from a snapshot of today’s financial markets, it…
One hundred days of President Trump. Seventy days of whipsaw trading in financial markets. Thirty-two days of losses. More than $6.5 trillion wiped from the value of public companies. For financial markets, the 7 percent drop in the S&P 500 is the worst start to a presidential term since Gerald R. Ford took over from…
The stock market is heading for a weekly gain, as investors latch on to any signs of easing trade tensions. The head of an American business group in China on Friday said that the Chinese government is considering exempting some products from its 125 percent retaliatory tariffs on U.S. goods. Michael Hart, president of the…
Share prices of big technology companies declined in Asia on Wednesday, dragging broader markets lower, after Nvidia, the American chip giant, revealed that the U.S. government would restrict sales of some of its chips to China. They are the first major limits that President Trump’s administration has put on semiconductor sales abroad. Nvidia dominates the…
Markets in Asia moved higher on Monday after a weekend that brought more shifts in strategy from President Trump about tariffs. Stocks in Japan rose a little over 1 percent while benchmarks went up 2 percent in Hong Kong and less than 1 percent in mainland China. S&P 500 stock futures, which let investors bet…
Even before this year’s economic turmoil hit, financial anxiety among Americans was running high. Really high. Four out of five Americans in a survey for Discover last year said they were worried about their money situation, with inflation, everyday expenses and the state of the economy leading a litany of concerns. Nearly two-thirds said they…
Market turmoil extended into Wednesday, as stocks across Asia faced renewed pressure from significantly higher taxes on imports to the United States. Stocks slumped across Asia, following a day on Wall Street when stocks whipsawed. Taiwan was the worst hit, sinking over 6 percent. Shares in Japan were down 4 percent. The declines were between…
Wall Street billionaires are not used to being on the outside looking in. But that is where they find themselves after President Trump ignored their appeals to call off his tariff plans which they fear could endanger the economy. With the backdrop of rapidly mounting stock market losses, corporate titans have worked every angle —…
After three days of global market turmoil not seen since the early days of the Covid-19 pandemic, stocks in Asia regained a measure of calm on Tuesday despite little let up in the escalating trade tensions caused by President Trump’s tariffs. Before markets opened in China, the government unleashed a series of measures to stabilize…