Asian Stocks Waver at Open After Trump-Powell Saga: Markets Wrap Bloomberg Trump Has Penned Letter To Fire Fed Chair Jerome Powell The New York Times Donald Trump’s escalating attacks on Federal Reserve unnerve investors Financial Times Trump floats firing the Federal Reserve chair as White House criticism boils NPR Why has Trump just called his own supporters ‘stupid’? Sky News Source link
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Stocks sell off as investors see Trump’s inflation ‘pipeline’ forcing the Fed to hold off on interest rate cuts
President Trump was unfazed by the rise in inflation to 2.7%, reported yesterday, and, as usual, he used social media to insist that the U.S. Federal Reserve lower interest rates. “Consumer Prices LOW. Bring down the Fed Rate, NOW!!!” he said. He then added: “Fed should cut Rates by 3 Points. Very Low Inflation. One Trillion Dollars a year would …
Read More »Stocks Pressured by Chip-Stock Sell-off and Increased Talk about Powell Firing
Wall Street sign in New York in the evening by FotorafieLink via iStock The S&P 500 Index ($SPX) (SPY) today is down -0.07%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.05%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.30%. September E-mini S&P futures (ESU25) are down -0.03%, and September E-mini Nasdaq futures (NQU25) are down -0.26%. Stocks are seeing …
Read More »Trump’s Support for the GENIUS Act Lifts Bitcoin, Crypto Stocks After Minor Hiccup
Key Takeaways President Donald Trump said he expects the GENIUS Act to clear a key procedural hurdle Wednesday after the stablecoin bill ran into resistance a day earlier. The price of Bitcoin climbed above $119,000, and shares of crypto companies like Circle and Coinbase improved in recent trading. Trump said on Truth Social he convinced Republicans who voted with Democrats …
Read More »Asia stocks drift lower tracking Wall St; Hong Kong rises as Nvidia cheer persists – Investing.com
Asia stocks drift lower tracking Wall St; Hong Kong rises as Nvidia cheer persists Investing.com Asia shares struggle, dollar soars on lowered Fed rate cut bets Reuters Asian Tech Stocks Shine as Markets Weigh Latest Tariff Twists The Wall Street Journal Asian shares are mixed after Nvidia nudges Nasdaq to a record, while other US stocks slump Yahoo Finance Asia markets mixed as trade …
Read More »Asian Stocks Edge Lower as Fed Rate-Cut Bets Wane: Markets Wrap – Bloomberg
Asian Stocks Edge Lower as Fed Rate-Cut Bets Wane: Markets Wrap Bloomberg Asia shares struggle, dollar soars on lowered Fed rate cut bets Reuters Asian Tech Stocks Shine as Markets Weigh Latest Tariff Twists The Wall Street Journal Asian shares are mixed after Nvidia nudges Nasdaq to a record, while other US stocks slump Yahoo Finance Asia stocks drift lower tracking Wall St; Hong …
Read More »Crypto week legislation hits snag in US Congress, some stocks fall – Reuters
Crypto week legislation hits snag in US Congress, some stocks fall Reuters Trump-backed crypto regulation bills fail to clear key hurdle in Congress CNBC House GOP revolt slams brakes on GENIUS Act Axios House Republican hard-liners defy Trump, Speaker Johnson by crippling crypto measures ABC News – Breaking News, Latest News and Videos Johnson eyes Wednesday re-vote to take up crypto, Defense spending bills Politico …
Read More »Alibaba, JD.com, Baidu Stocks Rise. China’s Economy Shows Resilience to Trump Tariffs. – Barron's
Alibaba, JD.com, Baidu Stocks Rise. China’s Economy Shows Resilience to Trump Tariffs. Barron’s China’s Economy Grows Steadily Despite Trump’s Tariffs The New York Times China posts better-than-expected Q2 growth in face of Trump tariffs CNN China growth beats expectations as Trump tariffs loom BBC China’s economy beats expectations in face of Trump’s trade war The Guardian Source link
Read More »Copper Stocks Freeport-McMo-Ran and Southern Copper Downgraded. A Case to Sell. – Barron's
Copper Stocks Freeport-McMo-Ran and Southern Copper Downgraded. A Case to Sell. Barron’s The Race Is On to Build U.S. Copper Mines After Trump Pledges Higher Tariffs – WSJ The Wall Street Journal Trump’s 50% Copper Tariffs Jolt US Market as Buyers Slash Imports and Delay Orders Bloomberg St. Paul solar energy business shares concerns over Trump copper tariff announcement CBS News Copper theft may …
Read More »Why Nvidia and these other chip stocks could be standouts this earnings season – MarketWatch
Why Nvidia and these other chip stocks could be standouts this earnings season MarketWatchView Full Coverage on Google News Source link
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