US EditionU.S. Stocks Are Mixed as Wall Street Sees Both Good and Bad in Big Tech Profits, U.S.-China Relations
President Trump reduced tariffs on Chinese goods from 57% to 47% after meeting Xi Jinping, aiming to ease trade tensions and stabilize the global economy.
- On Thursday, President Donald Trump cut average tariffs on Chinese goods to 47% from 57%, effective immediately after his face-to-face meeting with Chinese leader Xi Jinping.
- Aggressive tariffs and retaliatory export limits prompted talks as U.S. tariffs and China’s rare earths restrictions gave urgency, and Beijing agreed to pause tighter export curbs for a year, Trump said.
- On Thursday, U.S. stocks fluctuated after Federal Reserve moves, with the Nasdaq rising 0.5%, Dow down 73 points, and oil near $60.24 per barrel, while currencies shifted.
- There was no immediate word from the Chinese side, and investors appeared skeptical despite Trump calling the meeting `amazing`, reflecting mixed trading Thursday.
- Corporate earnings and the AI frenzy suggest firms face pressure to deliver gains, while Alphabet, Meta and Microsoft hold 14.5 per cent of the S&P 500 index, swaying markets.
72 Articles
72 Articles
U.S. stocks mixed as Wall Street sees both good and bad in Big Tech profits, U.S.-China relations
The U.S. stock market is drifting around its record heights on Thursday, as Wall Street sifts through mixed developments on everything from the U.S.-China trade war to profits for Big Tech behemoths.
US markets today: Wall Street drifts near record highs as Big Tech results; Trump-Xi trade talks pull investors in both directions
US markets saw mixed results as Big Tech earnings presented both positive and negative signals, while renewed optimism around US-China trade ties emerged. The Dow Jones Industrial Average gained, but the SandP 500 and Nasdaq composite experienced slight declines. Investors are also reacting ...
The Columbian
U.S. stocks are mixed as Wall Street sees both good and bad in Big Tech profits, U.S.-China relations
NEW YORK — The U.S. stock market is drifting around its record heights on Thursday, as Wall Street sifts through mixed developments on everything from the U.S.-China trade war to profits for Big Tech
Associated Press News
US stocks are mixed as Wall Street sees both good and bad in Big Tech profits, US-China relations
The U.S. stock market is drifting around its record heights as Wall Street sifts through mixed developments on everything from the U.S.
Click on Detroit
US stocks sink as Wall Street sees both good and bad in Big Tech profits, US-China relations
The U.S. stock market sank from record heights as Wall Street sifted through mixed developments on everything from the U.S.-China trade war to profits for Big Tech behemoths.
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