Argentina Trade Balance (MoM) registered at $323M, below expectations ($800M) in March Read More »
President Trump’s announcement of a 90-day pause to ‘reciprocal but not really reciprocal’ tariffs led to one of the all-time great Nasdaq rallies as the index soared 10%.
The day afterwards it gave a big chunk back before embarking on a fresh effort to make new highs following a weekend suspension of electronics tariffs. However the administration attempted to walk that back and it’s now looking more like a double top at 17,200.
The Nasdaq Composite is down 3.9% today and trading at session lows. It didn’t get any help from Nvidia’s disclosure that it faces new restrictions on China chip sales in yet-another sign of chaotic policymaking. Shares of NVDA are down 10%.
This article was written by Adam Button at www.forexlive.com.
Nasdaq takes a turn for the worse after the peak from the Trump U-turn holds Read More »
Here Are the Key Takeaways From Powell’s Remarks in Chicago Read More »
Montana Renewables CEO Calls for Doubling in Plant-Diesel Quotas Read More »
Fed’s Powell says strong labor market depends on price stability Read More »
DeepSeek Poses ‘Profound’ Security Threat, US House Panel Claims Read More »
S&P Downgrades Quebec for First Time Since 1990s on Budget, Trade War Read More »
Siemens Energy Lifts Revenue Guidance on Gas, Electricity Growth Read More »
Dow Jones slides as Nvidia, AMD tumble on chip tariffs; Powell speech eyed Read More »
United States 20-Year Bond Auction climbed from previous 4.632% to 4.81% Read More »
