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Tariff Chaos Takes a Breather—But Don't Get Too Comfy
In a jaw-dropping twist, President Donald Trump hit the brakes Thursday on his plan to slap sky-high tariffs on most U.S. trading partners, tossing a lifeline to battered global stock markets. Stocks soared, but hold the champagne—this rollback comes with a catch: the trade war with China just kicked into overdrive, leaving the world economy on edge. Is this a real break, or just a c...
In a jaw-dropping twist, President Donald Trump hit the brakes Thursday on his plan to slap sky-high tariffs on most U.S. trading partners, tossing a lifeline to battered global stock markets. Stocks soared, but hold the champagne—this rollback comes with a catch: the trade war with China just kicked into overdrive, leaving the world economy on edge. Is this a real break, or just a c...
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$Super Micro Computer (SMCI.US)$ anyone know why?
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Columns Wall Street Today: Nasdaq Composite, S&P 500 and DJIA All Slide Despite Nvidia's GTC Conference
The Nasdaq Composite, S&P 500 and Dow-30 all sank Tuesday as stocks failed to pull out of their recent downtrend despite an eagerly anticipated set of new-product announcements from Nvidia and a lack of fresh tariff woes.
The $Nasdaq Composite Index (.IXIC.US)$ shed 304.54 points (1.7%) to a 17,504.12 close, while the $S&P 500 Index (.SPX.US)$ gave up 60.45 ticks (1.1%) to 5,614.66 and the $Dow Jones Industrial Average (.DJI.US)$ lost 260....
The $Nasdaq Composite Index (.IXIC.US)$ shed 304.54 points (1.7%) to a 17,504.12 close, while the $S&P 500 Index (.SPX.US)$ gave up 60.45 ticks (1.1%) to 5,614.66 and the $Dow Jones Industrial Average (.DJI.US)$ lost 260....
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• US markets: Nasdaq 100 +2.5% still in correction. Mag-7 in bear market but bouncing. Nvidia & Fed could lift them
• Aussie markets: To follow US higher. Watch Tech, Gold, China-facing stocks as Fed meets. China signals stimulus.
• Stocks to watch: WiseTech down 40%, history suggests a rebound. Baba could rally on China stimulus.
US stocks could rebound here. Validation of move to come from Fed this week
The tone is set for a re...
• Aussie markets: To follow US higher. Watch Tech, Gold, China-facing stocks as Fed meets. China signals stimulus.
• Stocks to watch: WiseTech down 40%, history suggests a rebound. Baba could rally on China stimulus.
US stocks could rebound here. Validation of move to come from Fed this week
The tone is set for a re...
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