Trump, NASDAQ and Stock Market
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Trump, Federal Reserve System
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Stocks continue to rally with the S&P 500 up about 26% from its April 8 trough, when equities initially declined on the White House announcement placing higher tariffs.
Lilly, Johnson & Johnson, AbbVie, Pfizer and more pharma stocks shrug even amid Trump's fresh pharma tariff threats.
Treasury Secretary Scott Bessent’s comments and news of the resumption of H20 chip sales to China have excited Wall Street.
1hon MSN
Asian stocks moved in a flat-to-low range on Thursday, following an upbeat session on Wall Street overnight after US President Trump signaled no intention to remove Fed Chair Powell, easing concerns over central bank independence.
Archer-Daniels-Midland, a leading processor and trader of agricultural commodities like corn, saw its stock tumble 5% in after market trading.
Analysts said the muted market response was because many investors expected the levies to settle at lower levels after negotiations.
Ross Gerber told BI that "there's nothing good for Tesla" in Trump's budget bill, and the stock should be trading more in line with mega-cap peers.
With 1,100 metric tons of emergency food rations nearing expiry in a U.S. government warehouse in Dubai after President Donald Trump's aid freeze, it took a warning of "wasted tax dollars" for a top U.