Dow Futures stabilized on Friday; however, Wall Street remained poised for a losing week as concerns regarding debt elevated Treasury yields. BYD outsold Tesla in Europe for the first time, Apple is offering trade-in discounts in China, while a trade deal between the U.S. and the European Union still seems a far way off. U.S. Read More
U.S. stock index futures experienced a significant decline on Wednesday evening following the announcement by President Donald Trump of a minimum 10% tariff on all imported goods, alongside substantially higher reciprocal duties imposed on select countries. S&P 500 Futures experienced a decline of 3.6%, settling at 5,505.25 points, whereas Nasdaq 100 Futures fell by 4.5% to Read More
Navarro asserts that tariffs will generate $600 billion annually for the government, yet he characterizes this as a tax reduction. Financial markets are experiencing volatility as President Trump gears up to initiate his forthcoming tariff measures on Wednesday. Concerns are warranted as Mr. Trump’s principal trade adviser, Peter Navarro, claims that the tariffs will result Read More
