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  • Apr 14, 2025

India Is First Major Market to Erase Losses From April 2 Tariffs

(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergHow Did This Suburb Figure Out Mass Transit?The Secret Formula for Faster TrainsEven Oslo Has an Air Quality ProblemNYC Tourist Helicopter Crashes in Hudson River, Killing SixLisbon Mayor Wants Companies to Help Fix City’s Housing ShortageIndian stocks rallied as trading resumed after a long weekend, with the benchmark e

  • Apr 14, 2025

Stocks Get a Boost From Reprieve on Auto Tariffs: Markets Wrap

(Bloomberg) -- Stocks in Europe and Asia rose as US President Donald Trump floated a potential pause in auto tariffs, providing further relief to the market after he suspended levies on some consumer electronics.Most Read from BloombergHow Did This Suburb Figure Out Mass Transit?The Secret Formula for Faster TrainsEven Oslo Has an Air Quality ProblemNYC Tourist Helicopter Crashes in Hudson River, Killing SixLisbon Mayor Wants Companies to Help Fix City’s Housing ShortageEurope’s Stoxx 600 index

  • Apr 14, 2025

Global investors dump holdings of US stocks at record pace, BofA survey says

Respondents to BofA's monthly survey of fund managers were a net 36% underweight U.S. equities, the most in nearly two years, a number that has plunged by 53 percentage points since February, the biggest such fall on their records. The trend looks set to continue, as a record number of respondents also said they intended to cut allocations to U.S. equities. U.S. President Donald Trump's aggressive tariff plans have sparked a selloff in U.S. assets, including stocks, the dollar and Treasury bonds.

  • Apr 14, 2025

Analysis-Oil price drop turns up heat on emerging market crude exporters

NAIROBI/LAGOS (Reuters) -A steep drop in crude oil prices largely due to U.S. President Donald Trump's tariffs will squeeze budgets of emerging market oil exporters, analysts said, while the potential economic slowdown could also curb any benefits for importers. Concerns about the impact of a tit-for-tat trade war on global growth and demand for oil sent Brent crude prices plummeting by more than 20% within a week to a four-year low after Trump announced his sweeping tariffs on April 2. Turkey, India, Pakistan, Morocco and much of emerging Europe relying on oil imports are set to see some benefits from lower prices of crude.

  • Apr 14, 2025

Wall Street drifts through a rare quiet day following weeks of tariff turmoil

U.S. stocks drifted Tuesday through a rare quiet day for financial markets. The Dow Jones Industrial Average fell 155 points, or 0.4%, and the Nasdaq composite edged down by less than 0.1%. The modest moves offered some respite following the huge swings that have battered Wall Street recently, not just day to day but also hour to hour.

  • Apr 14, 2025

Wall Street ticks higher in a rare quiet day following weeks of tariff turmoil

U.S. stocks are rising Tuesday in a rare quiet day for financial markets, for now at least. The S&P 500 was up 0.3% in afternoon trading, though it’s been prone to huge swings not just day to day but also hour to hour. The day before, it went from a gain of 1.8% to a slight loss back to a gain as it struggled to keep up with shifts in President Donald Trump’s trade war, which economists warn could cause a global recession unless it’s scaled back.

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