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Stocks, Dollar Sink And Gold Hits Record High As Trump Tariff Panic Returns
Stocks and the dollar tumbled while gold hit a fresh record high as panic gripped markets again Friday after Donald Trump admitted that his global tariff blitz could see "a transition cost".
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Wall Street Bleeds After Trump Tariff Move, S&P 500 Tumbles Nearly 5%
US stocks plunged Thursday as traders reacted to Donald Trump's sweeping tariff announcement a day earlier, with the broad-based S&P 500 recording its biggest one-day decline since 2020.
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Dollar, Stocks Sink, Gold Hits High On Trump Tariffs
The dollar and equity markets tumbled Thursday after President Donald Trump's latest tariffs salvo against countries worldwide, fanning a trade war that many fear will spark recession and ramp up inflation.
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US Fed Cuts Key Interest Rate By 0.25%, Sending Stocks Tumbling
Policymakers voted 11-to-1 to lower the central bank's key lending rate to between 4.25 percent and 4.50 percent as expected, the Fed announced in a statement.
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Trump's 'Day 1' Promise To Shut Clean Energy Projects Sends Stocks Tumbling
Donald Trump's pledge to stop renewable energy projects on "day one" of his potential presidency has sent shockwaves through the industry, causing renewable energy shares to plummet.
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Global Markets Hit Hard By Silicon Valley Bank's Collapse
Wall Street's top indices had managed to peek into the green before regulators closed the troubled Silicon Valley Bank, sending stocks tumbling into the red again.
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Silicon Valley Bank Urges Clients To "Stay Calm" After 60% Stock Tumble
The immediate risk for many banks may not be existential, according to analysts, but it could still be painful.
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Founder Of Truck Maker Nikola Resigns After Fraud Allegations
The founder and executive chairman of embattled zero-emission truck maker Nikola has resigned, the company announced Sunday, after allegations of fraud which sparked a stock tumble and a regulatory investigation.
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As US Stocks Tumble, Coronavirus Amplifies Worries About Global Recession
Wall Street stocks sunk deep into the red Thursday afternoon as the economic toll from the coronavirus mounts, amplifying worries about a global recession.
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Asia Stocks Sink After US Bans Europe Travel Over Coronavirus
Stock markets tumbled Thursday after US President Donald Trump announced a 30-day ban on travel to the United States from Europe over the coronavirus.
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US Trade War Upends China's Economic Balancing Act
China's government is facing a multi-front battle to defend its economy, fighting to reduce its debt mountain while the yuan and local stock markets tumble in the face of a US trade conflict.
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Stocks Tumble As US President Donald Trump Sparks Global Trade War Fears
Stock markets in Asia on Friday extended a Wall Street rout, as investors were spooked by the spectre of a global trade war after President Donald Trump announced the United States would impose hefty tariffs on steel and aluminium imports.
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US Stocks Suffer Worst Day In 6 Years As Dow Tumbles Over 1,100 Points
US stocks saw the biggest one day fall in six years on Monday as investors rushed to take profits, after bond yields rose sharply last week, following an equities rally to record levels in January.
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Wall Street Tumbles On Spain Terror, Trump Policy Worries
US stocks fell sharply Thursday following a deadly attack in Spain and amid rising concerns President Donald Trump may have endangered his economic agenda after alienating business leaders.
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Global Markets Lose $2 Trillion As Britain Votes To Exit EU
Global stock markets lost about $2 trillion in value on Friday after Britain voted to leave the European Union, while sterling suffered a record one-day plunge to a 31-year low and money poured into safe-haven gold and government bonds.
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Stocks, Dollar Sink And Gold Hits Record High As Trump Tariff Panic Returns
Stocks and the dollar tumbled while gold hit a fresh record high as panic gripped markets again Friday after Donald Trump admitted that his global tariff blitz could see "a transition cost".
-
Wall Street Bleeds After Trump Tariff Move, S&P 500 Tumbles Nearly 5%
US stocks plunged Thursday as traders reacted to Donald Trump's sweeping tariff announcement a day earlier, with the broad-based S&P 500 recording its biggest one-day decline since 2020.
-
Dollar, Stocks Sink, Gold Hits High On Trump Tariffs
The dollar and equity markets tumbled Thursday after President Donald Trump's latest tariffs salvo against countries worldwide, fanning a trade war that many fear will spark recession and ramp up inflation.
-
US Fed Cuts Key Interest Rate By 0.25%, Sending Stocks Tumbling
Policymakers voted 11-to-1 to lower the central bank's key lending rate to between 4.25 percent and 4.50 percent as expected, the Fed announced in a statement.
-
Trump's 'Day 1' Promise To Shut Clean Energy Projects Sends Stocks Tumbling
Donald Trump's pledge to stop renewable energy projects on "day one" of his potential presidency has sent shockwaves through the industry, causing renewable energy shares to plummet.
-
Global Markets Hit Hard By Silicon Valley Bank's Collapse
Wall Street's top indices had managed to peek into the green before regulators closed the troubled Silicon Valley Bank, sending stocks tumbling into the red again.
-
Silicon Valley Bank Urges Clients To "Stay Calm" After 60% Stock Tumble
The immediate risk for many banks may not be existential, according to analysts, but it could still be painful.
-
Founder Of Truck Maker Nikola Resigns After Fraud Allegations
The founder and executive chairman of embattled zero-emission truck maker Nikola has resigned, the company announced Sunday, after allegations of fraud which sparked a stock tumble and a regulatory investigation.
-
As US Stocks Tumble, Coronavirus Amplifies Worries About Global Recession
Wall Street stocks sunk deep into the red Thursday afternoon as the economic toll from the coronavirus mounts, amplifying worries about a global recession.
-
Asia Stocks Sink After US Bans Europe Travel Over Coronavirus
Stock markets tumbled Thursday after US President Donald Trump announced a 30-day ban on travel to the United States from Europe over the coronavirus.
-
US Trade War Upends China's Economic Balancing Act
China's government is facing a multi-front battle to defend its economy, fighting to reduce its debt mountain while the yuan and local stock markets tumble in the face of a US trade conflict.
-
Stocks Tumble As US President Donald Trump Sparks Global Trade War Fears
Stock markets in Asia on Friday extended a Wall Street rout, as investors were spooked by the spectre of a global trade war after President Donald Trump announced the United States would impose hefty tariffs on steel and aluminium imports.
-
US Stocks Suffer Worst Day In 6 Years As Dow Tumbles Over 1,100 Points
US stocks saw the biggest one day fall in six years on Monday as investors rushed to take profits, after bond yields rose sharply last week, following an equities rally to record levels in January.
-
Wall Street Tumbles On Spain Terror, Trump Policy Worries
US stocks fell sharply Thursday following a deadly attack in Spain and amid rising concerns President Donald Trump may have endangered his economic agenda after alienating business leaders.
-
Global Markets Lose $2 Trillion As Britain Votes To Exit EU
Global stock markets lost about $2 trillion in value on Friday after Britain voted to leave the European Union, while sterling suffered a record one-day plunge to a 31-year low and money poured into safe-haven gold and government bonds.
