US stock market futures were tending down Sunday, one day after President Donald Trump announced 25% tariffs on Canada and Mexico and 10% tariffs on China.
Wall Street girds for market impact of Trump tariffs
NEW YORK (Reuters) -Global markets buckled up for a turbulent session on Monday after U.S. President Donald Trump launched a trade war with sweeping tariffs on Canada, Mexico and China that threaten to undermine economic growth and reignite inflation. Canadian Prime Minister Justin Trudeau announced plans for retaliatory tariffs on imports of goods from the United States, the first of which also would take effect on Tuesday.
1 Top Cryptocurrency to Buy Before It Soars 600%, According to Billionaire Larry Fink of BlackRock
According to Larry Fink, CEO of asset management giant BlackRock, Bitcoin could eventually soar as high as $700,000. In an interview with Bloomberg at the World Economic Forum in Switzerland, Fink outlined a potential scenario that could send Bitcoin on a path to $700,000. Right now, we're at a point where allocating even 1% of a portfolio to Bitcoin is considered risky, especially if you're a pension fund, endowment fund, or other large institutional investor.
Hong Kong-Listed Chinese Stocks Brace for Trump Tariffs’ Impact
(Bloomberg) -- Chinese stocks listed in Hong Kong will come under renewed pressure when they resume trading on Monday following a three-session break, after US President Donald Trump fired the first salvo of his tariff war.Most Read from BloombergNew York’s First ‘Passive House’ School Is a Model of Downtown DensityWhen French Communists Went on a Brutalist Building BoomTrump Paves the Way to Deputize Local Police on ImmigrationHow the 2025 Catholic Jubilee Is Reshaping RomeHistoric London Eleva
Five Key Charts to Watch in Global Commodity Markets This Week
(Bloomberg) -- Even before US President Donald Trump announced wide-ranging import tariffs on Saturday, speculation over what he would do had propelled gold to its biggest monthly gain since March. Meanwhile, shale patch activity is showing signs of slowing. And financing deals for climate-focused companies are shrinking even as global investment in the energy transition surpasses $2 trillion.Most Read from BloombergNew York’s First ‘Passive House’ School Is a Model of Downtown DensityWhen Frenc
What Analysts Think of Google Parent Alphabet's Stock Ahead of Earnings
Google parent Alphabet is slated to report its fourth-quarter results after the market closes Tuesday, with analysts mostly bullish on the tech giant's stock.
There's a silver lining for markets as investors recover from a sharp tech sell-off
Software stocks look set to benefit from the DeepSeek implications, as cheaper AI could boost revenue momentum this year.