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Asia In Red, Europe Edges Higher, Dollar Gains - Global Markets Today While US Slept
2025 May 30, 7:32am | 475On Thursday, May 29, U.S. markets closed higher, lifted by Nvidia's strong earnings despite a warning over reduced China sales due to export restrictions. A court reinstated sweeping Trump-era tariffs, though investors largely shrugged off the impact. Salesforce slipped despite raising its outlook...
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Asia And Europe Markets Gain, Trump's Tariff Rejection By Court Fuels Commodity Rally - Global Markets Today While US Slept
2025 May 29, 6:41am | 456On Wednesday, May 28, U.S. markets closed lower as investors digested cautious Federal Reserve signals and weakness in chip-related stocks. Nvidia shares jumped in after-hours trading following strong earnings, though its future revenue outlook was disappointing. Cadence and Synopsys plunged after...
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Most Asia And Europe Markets Slip, Dollar Softens - Global Markets Today While US Slept
2025 May 28, 6:56am | 415On Tuesday, May 27, U.S. markets closed higher as Trump delayed a 50% EU tariff, boosting investor confidence alongside a surprise 14.4% jump in consumer sentiment. The Nasdaq led gains, fueled by AI stocks in the "Magnificent Seven." Markets rebounded sharply from recent tariff-driven losses,...
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Tesla's Chinese Rival BYD Sued For $45 Million Over Alleged Human Trafficking, Slave-Like Conditions At Brazil Factory Site
2025 May 28, 6:51am | 465Brazilian labor prosecutors filed a lawsuit on Tuesday against Tesla Inc. (NASDAQ:TSLA) rival BYD Co Ltd (OTC:BYDDY), seeking $45 million in damages for alleged human trafficking and slavery-like working conditions at the Chinese automaker’s factory construction site in Bahia state. What...
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Asia Markets Mixed, Europe Gains, Dollar Strengthens On EU Tariff Delay - Global Markets Today While US Slept
2025 May 27, 6:25am | 433On Friday, May 23, U.S. markets closed lower as investors turned cautious ahead of the Memorial Day holiday on Monday, May 26, amid renewed trade tensions and economic uncertainty. Stocks ended the week in negative territory after President Trump reignited tariff fears by proposing steep duties on...
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DR Congo To Finalize Minerals Deal With Washington in June
2025 May 26, 11:46am | 485The Democratic Republic of Congo (DRC) is preparing to finalize a minerals deal with the United States by the end of June. The initiative could combine a U.S.-backed peace agreement with Rwanda with expanded access for American companies to Congo's vast deposits of lithium, cobalt, and coltan—...
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Gold Up, Dollar Slides On Debt Concerns - Global Markets Today While US Slept
2025 May 23, 6:40am | 444On Thursday, May 22, U.S. markets closed mixed, easing Treasury yields helped offset earlier losses tied to deficit concerns. The House passed Trump's tax and spending bill, which fulfilled key campaign promises but significantly increased the national debt. Investors remain wary of ongoing...
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Asia And Europe Markets Slide, Crude Oil Drops On OPEC+ Output Risk - Global Markets Today While US Slept
2025 May 22, 6:46am | 431On Wednesday, May 21, U.S. markets closed lower as rising Treasury yields alarmed investors, driven by fears that Trump’s tax cuts could swell the national debt. All major indexes posted their worst losses in a month. Real estate, healthcare, and tech-led the decline. Weak bond demand and...
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Asia Ex-Japan Markets Up, Europe Slips, While Dollar Extends Slide - Global Markets Today While US Slept
2025 May 21, 6:22am | 463On Tuesday, May 20, U.S. markets closed lower, snapping recent winning streaks as rising Treasury yields and mounting federal debt concerns weighed on investor sentiment. Losses were widespread, with energy and tech stocks leading the decline. Markets also reacted to Federal Reserve commentary and...
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Asia Mixed, Europe Markets Gain, Dollar Index Slips Amid Credit Rating Downgrade - Global Markets Today While US Slept
2025 May 20, 6:40am | 461On Monday, May 19, U.S. markets closed modestly higher, as investor sentiment dimmed following a downgrade of the U.S. credit rating due to its growing debt burden. While equities recovered from earlier losses, gains were uneven across sectors. Energy and consumer discretionary lagged, while...
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Asia And Europe Markets Dip, Dollar Slips After US Credit Downgrade - Global Markets Today While US Slept
2025 May 19, 6:59am | 535On Friday, May 16th, U.S. markets closed higher, fueled by a U.S.-China tariff truce, despite worsening consumer sentiment and surging inflation expectations. The S&P 500 and Dow posted weekly gains, but extended-hours trading turned negative after Moody’s cut the U.S. credit rating....
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America Must Shift Roles From 'World Police' To 'World Gun Store,' Says Palmer Luckey
2025 May 19, 3:55am | 392Palmer Luckey says the arms race is no longer about bigger missiles but autonomous weapons that operate using artificial intelligence and he wants the United States to be "the world gun store" that supplies them. What Happened: The Anduril founder told CBS' 60 Minutes that commercial tech has...
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Emerging Markets Break Out As 'Peace Trades' Gain Momentum, Hartnett Says
2025 May 16, 10:05am | 614Bank of America's chief investment strategist Michael Hartnett sees a powerful rotation in financial markets, with so-called "peace trades" now eclipsing "war trades" as the key driver of 2025 performance — a shift that could unleash the next bull market in emerging markets. In his latest "The Flow...
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Asia Markets Mixed, Europe Advances, Dollar Pressured By Soft US Inflation Data - Global Markets Today While US Slept
2025 May 16, 6:43am | 395On Thursday, May 15, U.S. markets closed mixed as Cisco rose on strong guidance linked to AI demand, while UnitedHealth fell sharply after reports of a criminal Medicare fraud probe. Amazon and Walmart slipped amid tariff concerns. Investors remain optimistic about potential trade deals, though...
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Asia Markets Mixed, Europe Slips; Dollar Slides Amid Fed Uncertainty - Global Markets Today While US Slept
2025 May 15, 6:44am | 422On Wednesday, May 14, U.S. markets closed mixed. The S&P 500 closed slightly higher after a quiet session, with investors awaiting economic data following gains earlier in the week tied to easing inflation and a U.S.-China tariff pause. Tech stocks rose on AI deals in the Middle East, while...