US EditionGlobal shares trade higher after Wall Street climbs moderately as Fed holds rates steady
- U.S. And Chinese officials will meet in Switzerland on Saturday for their first trade talks since President Trump imposed steep tariffs on China.
- The talks follow Trump's tariff increases that caused China's overall exports to rise 8.1% annually in April while exports to the U.S. Dropped over 20%.
- Ahead of the talks, Wall Street indexes rose modestly with the Dow up 120 points, Nasdaq up 0.6%, and S&P 500 futures rising 0.2% amid market anxiety about tariff impacts.
- Early Friday, President Trump wrote on social media that an "80% Tariff on China seems right!" and mentioned Scott Bessent, who is leading the trade negotiations as part of the Treasury Department.
- The meeting may ease trade tensions and influence market trends, but uncertainty remains about tariff reductions and long-term economic effects.
22 Articles
22 Articles
Federal Reserve holds interest rates steady amid lingering economic concerns
The Federal Reserve announced Wednesday that it will leave interest rates unchanged, opting for caution amid ongoing economic uncertainty linked to the Trump administration’s trade policies. The central bank confirmed that its benchmark lending rate will remain within the current range of 4.25% to 4.5%, despite President Donald Trump’s push for a rate cut to counter potential inflationary effects from his tariff measures and resulting global tra…
Global shares trade higher after Wall Street climbs moderately as Fed holds rates steady
Global shares are rising moderately after a lackluster finish on Wall Street. Most shares are ticking higher after the Federal Reserve left its main interest rate unchanged as was widely expected. Benchmarks rose in early Thursday trading in France, Germany…
Wall Street climbs as Fed holds interest rates steady
Wall Street has experienced various ups and downs in recent months, and it seems extremely difficult to predict what outcomes the future will bring. Trump's tariffs, as well as political events in the world, have a strong influence on the stock markets, and since it is difficult to predict political events and moves, it is also difficult to conclude what kind of oscillations will occur in the coming period. On Wall Street, stock indexes rose on …
Coverage Details
Bias Distribution
- 71% of the sources lean Left
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
