Wall Street, Trump
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Seeking Alpha |
The S&P 500 dropped nearly 3% for the week, with losses in three of the five days.
HuffPost |
President Donald Trump’s fast-approaching “Liberation Day” sent stock markets swinging sharply worldwide on Monday.
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Another wipeout slammed Wall Street as worries built about a potentially toxic mix of worsening inflation and a U.S. economy slowing because of households afraid to spend due to the global trade war.
U.S. stocks whipped through another dizzying day before President Donald Trump’s unveiling of his “Liberation Day” tariffs.
The uncertainty over the tariff policy is more of a problem for markets than the tariffs themselves,” one financial expert told The Post on Monday.
Stocks closed broadly higher Monday amid hopes on Wall Street that the Trump administration may take a more targeted approach as it tees up a new round of tariffs on imported goods next week.
The conservative newspaper's editorial board predicted how the president's dismissive comment could be used against Republicans.
Ferrari manufactures all its cars at its Maranello facility, in northern Italy. But it's not just the imported super luxury carmakers that will be forced to boost prices, experts said.Start the day smarter.
Two Wall Street analysts on Monday called on the Trump administration to “re-evaluate” Robert F. Kennedy Jr.’s role as the secretary of the U.S. Health and Human Services department, saying his “apparent anti-science and libertarian agenda” threatened public health.
What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets Gold is homing in on its best quarter since 1986, telling you everything you need to know about what's proven to be a dire quarter for Wall Street.