Stock rout and dealmaking freeze raise stakes for start of Wall Street's earnings season
A dealmaking freeze and the biggest rout in financial stocks since 2023 are raising the stakes for the start of Wall Street’s earnings season this coming week.
A dealmaking freeze and the biggest rout in financial stocks since 2023 are raising the stakes for the start of Wall Street’s earnings season this coming week.
Before deciding whether to sell stocks in a difficult market, consider why are you investing in the first place and when will you need this money.
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BEIJING (Reuters) -China said on Saturday "the market has spoken" in rejecting U.S. President Donald Trump's tariffs, and called on Washington for "equal-footed consultation" after global markets plunged in reaction to the trade levies that drew Chinese retaliation. State-run Xinhua news agency also published the Chinese government's stance, saying the U.S. should "stop using tariffs as a weapon to suppress China's economy and trade". Trump introduced additional 34% tariffs on Chinese goods as part of steep levies imposed on most U.S. trade partners, bringing the total duties on China this year to 54%.
Global markets continue to experience sharp decline after Trump announced blanket tariffs on US imports of products from more than 180 countries and territories, ranging in severity from 10% to more than 50%.View on euronews
Fear is running high amid the worst stock sell-off in years. It's important for investors not to panic as they watch their portfolios take a hit.
President Donald Trump said he had a "very productive call" with a top Vietnamese official on lowering duties on US imports from the nation.
While some analysts don't expect the tariffs to last long, betting market speculators have dim outlooks.
US stock futures slipped after President Trump's broad reciprocal tariffs sent markets into a tailspin.
“There's just not any margin for error in the current farm economy,” said Kentucky farmer Caleb Ragland, who serves as president of the American Soybean Association. China has also bought a lot of American corn, beef, chicken and other crops as part of spending $24.65 billion on U.S. agricultural products last year.