ADVFN US – Market Content Editor
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Futures Pointing To Roughly Flat Open On Wall Street
The major U.S. index futures are currently pointing to a roughly flat open on Tuesday, with stocks likely to show a lack of direction after seeing considerable volatility in the previous session. Traders may be reluctant to make significant moves as they digest the latest developments regarding President Donald Trump’s tariffs. While Trump has agreed…
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Ethereum Rebounds To Top $2.9K After Eric Trump Says ‘It’s A Great Time To Add ETH’
After yesterday morning’s drastic fall in the price of ETH (COIN:ETHUSD), along with many other cryptocurrencies, Eric Trump, son of the U.S. President, told his followers on social media that it’s a good time to buy Ether. Ether’s price rebounded to over $2,900 after Trump’s tariffs on Canada and Mexico were halted, and Trump told…
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China Retaliates Against Trump’s Tariffs With Levies on U.S. Imports
China has placed counter tariffs on U.S. imports after President Trump put a 10% tariff on Chinese goods. The Chinese tariffs will come into effect on February 10. Despite the escalating trade war, Asian shares climbed this morning, with the Hang Seng Index in Hong Kong growing 2.10% to 20,642.58. Japan’s Nikkei 225 was up…
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Trump Agrees To Pause Canada And Mexico Tariffs But Not China
President Trump has agreed to delay the imposition of 25% tariffs on imports from Canada and Mexico for 30 days. This staves off the threat of a potentially damaging trade war amongst the North American neighbors – at least for now. The President made a deal with Mexican President Claudia Sheinbaum in which she agreed…
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U.S. Stocks Trim Early Losses But Still Close Notably Lower
Stocks moved sharply lower early in the session on Monday but regained ground over the course of the trading day. The major averages climbed well off their worst levels, with the Dow briefly reaching positive territory, but ended the day in the red. After plunging by as much as 2.5 percent in early trading, the…
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Dow Jones Drops More Than 500 Points After US Hits Key Trading Partners With Tariffs
U.S. stocks started February lower after President Donald Trump imposed tariffs on several key U.S. trading partners, raising fears that a full-blown trade war would disrupt global supply chains, reignite inflation and slow the economy. The Dow Jones (DOWI:DJI) opened Monday’s trading session down more than 500 points (-1.20%) at the opening bell. The S&P…
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Trade War Concerns May Spark Early Sell-Off On Wall Street
The major U.S. index futures are currently pointing to a sharply lower open on Monday, with stocks likely to see continued weakness following the downturn seen over the course of the previous session. Concerns about a global trade war are likely to weigh on Wall Street after President Donald Trump officially imposed a 25 percent…
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Oil Prices Up Following Trump’s Tariffs Announcement
Crude oil prices have started the week up, with Brent Crude trading at $76.16 per barrel, up 1.2%, and West Texas Intermediate 2% up at $73.75 per barrel. This follows two consecutive weeks of losses. The rise follows President Trump’s announcement of tariffs on imports from Canada and Mexico. In the short term the tariffs…
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U.S. Futures Tumble As Trump’s Tariffs Raise Fears Of Trade War
U.S. stock futures tumbled on Monday morning as the impact on the global economy of President Trump’s steep tariffs on Canada, Mexico, and China jolted markets around the world. Dow futures (DOWI:DJI) are down 1.4%, S&P 500 down 1.55% and Nasdaq down 1.86%. The President imposed the new tariffs of 25% on imports from Canada…
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Bitcoin Crashes Following Trump’s Tariffs, Ethereum And Other Cryptos Follow
Bitcoin (COIN:BTCUSD) crashed on Monday morning as a wave of selling swept through the cryptocurrency market. It fell 10% to $91,695.8 before rebounding slightly to $95,137.6. This steep drop came after President Trump announced he was imposing trade tariffs on China, Canada, and Mexico. This sparked fears of a trade war which sent the markets…