April 11, 2025 9:59 am
Key moments CarMax’s stock value declined on Thursday, falling 17% to close at $66.45. The company’s Q4 earnings report revealed figures that were not quite as high as what Wall Street was expecting. Notably, analysts had forecasted an EPS of $0.66, but the final figure stood at $0.58. CarMax CEO William Nash expressed optimism regarding […]
Read moreApril 11, 2025 7:16 am
Key moments US President Donald Trump increased Chinese duties further on Thursday, and the total rate now sits at 145%. The Dow Jones Industrial Average plummeted by 2.50%. The Nasdaq Composite and the S&P 500 fell 4.31% and 3.46%, respectively. US Markets Reel as China Tariffs Hits 145% Thursday saw the White House impose additional […]
Read moreApril 10, 2025 2:41 pm
Key moments Tesla’s share price experienced a significant downturn on Thursday, falling by 6.74% to $253.86. Investor sentiments turned pessimistic as existing 25% tariffs on the auto industry were not halted, and the US increased its levies on Chinese goods. Goldman Sachs reassessed its Tesla share price target, lowering it to $260. Tesla Shares Sink […]
Read moreApril 10, 2025 8:21 am
Key moments The Trump administration’s 20% tariff on goods from the European Union, along with most other duties higher than 10%, have been paused for 90 days. The anticipation of significant trade barriers being averted fueled substantial buying activity in Frankfurt, as the DAX index rose 8.23% on Thursday. The effects were also felt across […]
Read moreApril 10, 2025 7:17 am
Key moments The Dow Jones Industrial Average experienced a major rally, soaring by 2,963.86 basis points on Wednesday. The Nasdaq Composite and the S&P 500 also closed with gains. The former reached 17,124.97, while the latter achieved a 9.51% increase. Stocks rebound after it was announced that most US tariffs higher than the 10% baseline […]
Read moreApril 9, 2025 8:18 am
Key moments The S&P 500 experienced a significant 1.57% drop on Tuesday, and the index has lost $5.83 trillion of its market value in the past several days. Tuesday’s trading also concluded with widespread declines across the broader US stock market, with the Nasdaq 100, Nasdaq Composite, and Dow Jones indices falling. On Wednesday, US […]
Read moreApril 9, 2025 7:13 am
Key moments Market turmoil across the Asia-Pacific region saw the Taiwan Weighted Index (TAIEX) slide 5.79%, while the Nikkei 225 lost 3.65%. The Hang Seng, KOSPI, and ASX 200 indices also fell. Mainland China’s Shanghai Stock Exchange (SSE) index bucked global sentiments, achieving gains of 1%. The broad imposition of Trump’s tariffs on Wednesday impacted […]
Read moreApril 8, 2025 11:38 am
Key moments US Steel’s shares experienced a dramatic 16.22% increase to $44.50 on Monday. The stock price rose by an additional 1.62% to $45.22 in Tuesday’s pre-market session. This substantial upward movement reflected the market’s positive reaction to the US government’s renewed consideration of a previously stalled acquisition bid by Nippon Steel. Pre-Market Hours See […]
Read moreApril 8, 2025 8:04 am
Key moments Tuesday witnessed a significant market rebound across Asia, with the Nikkei 225 climbing 6%. Mainland China’s SSE Composite rose 1.17%, while Hong Kong’s Hang Seng Index climbed 1.28%. China has pledged to “fight to the end” after Trump announced he would impose a new 50% levy on imports from China. Trump Drops Latest […]
Read moreApril 8, 2025 6:56 am
Key moments The Trump administration has reaffirmed April’s implementation of the latest levies on US imports. The Dow fell 0.91%, closing at 37.966 on Monday. The S&P 500 suffered losses as well, dropping 0.23%, but the Nasdaq Composite index rose 0.10%. Stocks Whiplash as Tariff Pause Hopes Dashed Monday’s trading session was marked by dramatic […]
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