tariffs

Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) shares fell 3.37% to close at $141.37 on Tuesday, extending losses in after-hours trading by another 1.89% to $138.70, as investors continued to react to President Donald Trump’s threat of imposing tariffs as high as 100% if the chipmaker...

Stock futures tumbled on Tuesday evening as markets braced for President Donald Trump‘s 104% tariff on Chinese imports taking effect at 12:01 a.m. ET Wednesday, erasing a brief relief rally and sending major indexes to significant lows. What Happened: S&P 500 futures fell 88.25 points or...

Elizabeth Warren urged Congress to take decisive action to avert an economic downturn. Taking to X on Tuesday, she emphasized the need for bipartisan cooperation to stabilize the economy. What Happened: Warren highlighted the lingering effects of the 2008 financial crisis on families and...

President Donald Trump’s tariff announcements led to a sell-off in the stock market and prompted investors to move to safer assets such as Treasury bonds. The 10-year Treasury yield declined and the average 30-year fixed mortgage rate dropped from 6.75% to 6.55% last week.  Mortgage Rates:...

Aehr Test Systems  (NASDAQ:AEHR) released its third-quarter results after Tuesday's closing bell. Here's a look at the key figures from the report.  The Details: Aehr Test Systems reported quarterly earnings of seven cents per share, which beat the analyst consensus estimate of four cents....

Apple Inc. (NASDAQ:AAPL) shares are trading lower Tuesday as markets turned negative following confirmation from the White House that President Donald Trump's 104% retaliatory tariff on Chinese imports will take effect Wednesday. What To Know: The announcement came from White House Press Secretary...

Wall Street’s worst sell-off since the 2020 pandemic has sent several major indices into correction or bear territory, prompting a flight to safety. ETFs that provide exposure to consumer staples, utilities, and healthcare—sectors that have historically been considered defensive during...

On Friday, China’s finance ministry announced a 34% tariff on all goods imported from the U.S., effective April 10, in response to the U.S. administration’s 54% duties imposed by the Trump-led administration during the so-called Liberation Day last week. Trump has ...

BofA Securities analyst Rafe Jadrosich writes that the building product companies may encounter significant headwinds from tariffs, though the full impact remains uncertain. Notably, last week, the Trump administration proposed steep new tariffs on several countries, while maintaining current rates...

After a brutal sell-off that wiped out a fifth of Apple Inc.'s (NASDAQ:AAPL) market value in less than a week, one of Wall Street's most prominent banks believes history is flashing a strong buy signal for the tech titan and historical data suggests they might be right. In a note shared Tuesday,...

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk escalated his public feud with Peter Navarro, a top trade adviser to President Donald Trump. On Tuesday, Musk called him “truly a moron” and “dumber than a sack of bricks” on the social media platform X.  The Details: Signs of a rift...

With worries of a worldwide economic slowdown growing in the aftermath of sweeping U.S. tariffs, cryptocurrency ETFs are feeling the brunt. What Happened: Monday saw an intense sell-off in major crypto ETFs, following a broader drop in digital assets and risk-on markets provoked by President...

U.S. stocks surged in early trading Tuesday after President Donald Trump hinted at progress on some trade deals with key trading partners, easing fears of global trade disruption stemming from recent tariff announcements. The S&P 500 index, as tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY...

Treasury Secretary Scott Bessent on Tuesday characterized China’s retaliatory trade actions as a “big mistake,” saying the nation is “playing with a losing hand” in the escalating tariff conflict with the United States.  The Details: Bessent appeared on CNBC's Squawk...

Tom Lee, Head of Research at Fundstrat, shed light on the market’s tumultuous response to the sudden surge in tariffs. What Happened: Lee expressed regret for underestimating the impact of the tariffs on the “Liberation Day.” The market reacted with a sharp drop of almost 13...