19:47 2025-04-09
Analysts: It turns out that Trump is not immune to Wall StreetInstitutional analysts said there was a broad and palpable sense of relief in the market's upbeat reaction to Mr. Trump's move to lower tariffs. Even though the United States Trade Representative said in an interview yesterday that President Trump would not accept Wall Street dominating the economy, today's tariff suspension sends a signal to markets and the wider world that Mr. Trump is still subject to financial marekt dynamics and public opinion, and that he does not want his name on the tabl...
19:41 2025-04-09
Trump: Suspend tariffs because people are "a little scared"President Donald Trump said on Wednesday that he had decided to suspend steep tariffs on goods from dozens of trading partners for 90 days because people were "a little scared," and told reporters he believed in a "fair deal" between the United States and all countries.
19:32 2025-04-09
Trump: Regarding tariffs, we must have flexibilityUS President Trump: As time goes by, we will look at the performance of some companies. Regarding tariffs, we must be flexible. We will consider exempting some American companies. Watched an interview with JPMorgan Chase CEO Dimon today, in which he also said that we must take action immediately.
19:32 2025-04-09
Strategist: Doubt that U.S. tariffs will resume within 90 days, uncertainty reduced but not eliminatedSTEVE SOSNICK, CHIEF MARKET STRATEGIST, INTERACTIVE BROKERS: Trump's suspension of tariffs was definitely a surprise, considering the US government has always said they will not remove them and that tariffs are non-negotiable.... it's a very understandable relief rally. We now have to wonder if tariffs will be reinstated in 90 days. This will discourage businesses from devising plans for the near future and providing guidance for the current quarter. Uncertainty has decreased, but not completely...
19:32 2025-04-09
Strategist: Suspension of tariffs for 90 days, rumors come trueArt Hogan, Investment Strategist at B. RILEY Wealth Management: The day that felt really crazy was two days ago when someone tweeted what the White House called a fake coverage that Trump was considering a 90-day tariff suspension, triggering $2 trillion in just eight minutes. Now that's a reality, U.S. stocks are rising sharply again, and it's not surprising that it's hard to keep up.
19:32 2025-04-09
Trump calls bond market "beautiful"Trump said on Wednesday that he was keeping a close eye on the bond market at the same time as his decision to suspend reciprocal tariffs. "The bond market is beautiful right now. I saw people getting a little upset last night," Trump told reporters at the White House. The bond market was turned upside down immediately after Trump announced a delay in imposing tariffs. Long-term bond yields have been surging due to widespread concerns about the impact of tariffs, but have now fallen.
19:32 2025-04-09
"Doctor Doom" Roubini: Fed will not save Trump's trade warNouriel Roubini has issued a new warning to Wall Street: Traders should scale back bets that the Federal Reserve will cut interest rates more aggressively to cushion the impact of President Donald Trump's trade war. This time, the famous economist known as "Dr. Doom" for accurately predicting the global financial crisis believes that the United States will avoid...
19:29 2025-04-09
The dollar index fell 0.04% on the 9th.The dollar index, which measures the greenback against major currencies, fell 0.04 percent on the day to close at 102.912 in late foreign exchange trading.