On Wednesday, 2-year Treasury yields surged 18.8 basis points to 3.916% after briefly touching 4.01%, as safe-haven demand eased and investors pulled back bets on a Federal Reserve rate cut.
Wall Street saw a tentative tech rebound early Wednesday, as investors begin to shrug off escalating U.S.-China trade tensions following a steep market selloff.
Dave Portnoy, the founder of Barstool Sports, has reportedly lost $20 million in stocks and cryptocurrency due to the market downturn triggered by President Donald Trump's tariffs.
Many U.S. companies remain invested in China despite rising geopolitical and regulatory risks. Trump's 104% China tariffs have sparked market declines Tuesday and fears of deeper global trade tensions.
U.S. stocks staged a broad-based rally on Monday, snapping a volatile losing streak after President Donald Trump hinted at a more diplomatic approach to tariff negotiations.
A verified handle on X posted that Donald Trump was allegedly considering pausing the roll-out of tariffs for 90 days, leading to a dramatic spike in the S&P 500.
Sen. Elizabeth Warren (D-Mass.) called on Republicans to "put the American people over blind loyalty to [President] Donald Trump" on Monday as U.S. markets continue reeling from the president's sweeping tariff threats.
Wharton School professor Jeremy Siegel on Friday issued a strong warning about President Donald Trump's sweeping tariff policy. Siegel argues Trump's tariff policy could be more damaging than the infamous Smoot-Hawley Tariff Act of 1930.
Dip-buying absent in early NY trading, Wall Street deep in red as trade war fears escalate despite strong jobs report. Investors on edge for hints from Fed Chair Powell.
President Donald Trump's sweeping new trade tariffs sent shockwaves through global markets on Thursday, triggering a massive sell-off that echoed the COVID-19 pandemic-era routs, as investor risk appetite vanished in a flash.
Wall Street extends gains on Wednesday, as investors remain resilient in their risk appetite despite the looming announcement of sweeping trade tariffs by President Donald Trump.
