Auto stocks are getting a boost as Trump weighs tariff exemptions
"I'm looking at something to help car companies with it," President Donald Trump told reporters.
A bearish 'death cross' just flashed in the S&P 500 and Nasdaq
The death cross last flashed for both indices in March 2022, which was the early days of a painful bear market.
US stocks edge up, bonds and the dollar steady as tariff turmoil eases
BOSTON/LONDON (Reuters) -Some trade policy relief and strong bank earnings helped push Wall Street up slightly on Tuesday, while U.S. government bonds and the dollar were steady, after U.S. President Donald Trump touted possible tariff changes on autos. Trump said on Monday he was considering a modification to the 25% tariffs imposed on foreign auto and auto parts imports from Mexico, Canada and other places. The main U.S. stock indexes ticked higher on Tuesday, with Bank of America, Citigroup and Wells Fargo gaining after the trio of banking giants posted strong profits for the first quarter.
Webull stock soars 500% after going public via SPAC merger
Webull explored going public during the 2021 stock market boom, but a sharp bear market in 2022 sidelined those plans.
Markets volatile but no huge drop in short-term liquidity, BOJ official says
TOKYO (Reuters) -Global markets are experiencing volatility from uncertainty over U.S. tariff policy but not seeing a huge decline in short-term liquidity, a senior Bank of Japan official said on Tuesday. Global stock, currency and bond markets have whipsawed due to President Donald Trump's back-and-forth comments on tariffs, with some analysts seeing the recent sharp declines in U.S. Treasuries and the dollar as a sign markets are losing confidence in the safe-have status of U.S. assets.
Crypto Lending Drops 43% From 2021 Peak as DeFi Borrowing Jumps 959% Since 2022 Low
The size of the crypto lending market has fallen by over 43% from its 2021 high of $64.4 billion, dropping to $36.5 billion by the end of the fourth quarter of 2024.
Kraken Launches Commission-Free Trading for 11,000 Stocks and ETFs for U.S. Users
Kraken has launched commission-free trading for over 11,000 U.S.-listed stocks and exchange-traded funds (ETFs), expanding beyond cryptocurrency.
Brazil fintech Meliuz proposes expanding bitcoin reserves strategy
Brazilian fintech Meliuz said on Monday it will propose expanding its bitcoin reserves strategy, aiming to make the cryptocurrency the main strategic asset in the firm's treasury. In a securities filing, Meliuz said it will call a shareholder meeting for May 6 to vote on including bitcoin investments as one of the company's corporate purposes. Meliuz had launched earlier this year its bitcoin strategy.
Fed's Bostic: Bold moves 'in any direction' wouldn't be prudent
"The specific place that the economy will land depends critically on the details of where policy lands," Bostic said, speaking at Emory University. Tariffs are likely to push up on prices, Bostic said, meaning that it will take longer than he had earlier thought, perhaps until 2027, to get inflation back down to the Fed's 2% goal. Bostic did not say whether he still believes the Fed will cut interest rates once this year, the view he had expressed in March.
Apple is the big stock winner after Trump's carve-out for electronic products
A surprise tariff exemption on key tech products is helping spur an Apple rally.
Popular Post
- Hundreds of OpenAI’s current and ex-employees are about to get a huge payday by cashing out up to $10 million each in a private stock sale Dec 17, 2024
- Binance Open Bitcoin Futures Bets Jump by Over $1B as BTC Chalks Out Bearish Candlestick Pattern: Godbole Feb 24, 2025
- Bitcoin miners adapt to volatile markets with flexible cost strategies Sep 02, 2024