Wall Street traded slightly lower by midday Friday, as investors adopted a wait-and-see stance ahead of a potential trade breakthrough, with high-stakes negotiations between U.S. officials—led by Treasury Secretary Scott Bessent—and Chinese authorities set to unfold over the weekend.
With rising recession risks, valuation concerns, and the potential for stagflation, Pimco is shifting toward safer assets like mortgages and short-term U.S. debt while eyeing global diversification.
U.S. stocks rallied Thursday after the Trump administration signed its first major trade agreement with the United Kingdom, igniting optimism about further global deals — especially with China — and lifting investor appetite for riskier assets.
He called inflation the "primary scorecard" U.S. voters will consider ahead of the 2026 midterm election and suggested that Trump focus on that issue "front and center."
Perdue, confirmed by the Senate with a 67-29 vote, takes office as the U.S.-China trade war continues, with tariffs on some products reaching up to 145%.
The U.S. Treasury Secretary dubbed the upcoming talks between China and the U.S. in Geneva as ‘negotiations’ during a House Financial Services Committee.
U.S. stocks traded mixed at midday Wednesday, as investors remained cautious ahead of the Federal Reserve’s upcoming policy decision, with Chair Jerome Powell set to speak at 2:30 p.m. ET.
Investors eyed upcoming economic data and corporate earnings reports, while uncertainty around the Federal Reserve's next move continued to influence market sentiment.
Rogoff wrote in The Economist that President Donald Trump’s trade policies may ultimately erode America’s global standing, and recommended beginning a course correction by removing trade adviser Peter Navarro.
The visit marks Canadian Prime Minister Mark Carney’s first in-person meeting with U.S. President Donald Trump since winning the April 28 federal election.
Wall Street edged lower by midday Tuesday as uncertainty surrounding trade policies lingered, with investors adopting a cautious approach ahead of Wednesday’s Federal Reserve meeting.
According to Morgan Stanley's Matt Wilson, the 5,750-5,800 area — the convergence of the 200-day and 100-day moving averages — is the most critical technical test for the S&P 500 Index.
Wall Street kicked off the week with a cautious tone, as major stock indices hovered near the flatline by midday in New York. Investors digested fresh signs of inflationary pressure in the services sector, raising doubts about near-term rate cuts and weighing on risk appetite.
The Federal Reserve is expected to hold interest rates steady, even as President Donald Trump continued to pressure Chair Jerome Powell last week to slash the rates amid rising trade-related risks.
The automaker has lowered its full-year profit forecast but remains optimistic about offsetting some tariff impacts and maintaining its manufacturing investments.
He cautioned the UK against strengthening economic ties with China, warning that it could hinder efforts to secure tariff relief with the U.S. and exacerbate regulatory challenges.
