US officials announced that significant tariff hikes on various Chinese imports, including electric vehicles (EVs), computer chips, and medical products, will commence on August 1.
Dow Jones hits a new record high of 40,000 this afternoon
The Dow Jones Industrial Average reached a new high of 40,000 this afternoon, marking a significant achievement for the index that monitors 30 leading American companies.
US has hiked tariffs on key Chinese imports
President Joe Biden has raised tariffs on crucial Chinese imports, such as electric vehicles, microchips, and steel.
Wall Street set to climb following Apple’s earnings report
US stock markets are expected to open higher today, buoyed by Apple’s strong performance on Thursday; however, this outlook could shift with the release of the afternoon’s job statistics.
Wall Street Set for Rebound as Powell’s Comments Bolster Market Confidence
US stock markets are poised to open higher following the Federal Reserve’s decision to maintain interest rates, easing concerns about imminent hikes.
Wall Street tumbles due to fears of stagflation in the US.
US stock markets plunged amid concerns of stagflation in the American economy.
Wall Street kicks off with gains following a surge in job figures.
Wall Street’s primary stock indices experienced a rise following the release of the March jobs report, which surpassed expectations and showcased the strength of the labour market.
Oil prices climb over $1 per barrel amid forecasts of tightening supply.
On Thursday, oil prices surged over $1 a barrel, finishing the month on a high note due to expectations of OPEC+ persisting with production reductions, continuous assaults on Russian energy
Oil prices rise amid supply worries following Russia’s decision to reduce production.
On Monday, oil prices increased following the Russian government’s directive to reduce production amidst ongoing tensions between Russia and Ukraine, impacting the energy industry.
Oil prices soar to a three month high amid global production shortfall.
Oil prices have reached their highest level in three months, following a warning from an industry body about extended supply cuts by the OPEC cartel until year’s end.
Wall Street poised for a decline as investors adopt a wait-and-see approach
US stock indices showed a decline in premarket activity as investors await important events this week, including Federal Reserve Chairman Jerome Powell’s congressional testimony.
Oil prices remain stable amidst increasing US inventory levels.
Oil prices show minimal fluctuation in response to recent market data, including the growth of US stockpiles.