Gold hit a new record above $4,150 per ounce
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China, Trump
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December S&P 500 E-Mini futures (ESZ25) are down -1.18%, and December Nasdaq 100 E-Mini futures (NQZ25) are down -1.65% this morning as sentiment weakened after China hit back at the U.S. on shipping.
The Wharton finance professor said if the levies are lifted, the market is likely to pass new milestones.
Oil prices fall on oversupply and US-China tensions, while gold and silver rally due to rate cut hopes and supply concerns.
Wall Street's main indexes dipped on Tuesday as renewed concerns over a U.S.-China trade conflict dampened sentiment, while investors parsed results from big U.S. banks, which kicked off the third-quarter reporting season.
US stocks pulled back as the Trump administration issued fresh tariff threats on China and federal layoffs began. Read more here.
New China rare earth restrictions, a response to U.S. tariffs, have caused global market turbulence and a $600M loss in cryptocurrency.
The US Treasury secretary says China’s restrictions on critical minerals will hurt their own international standing.
Markets tumbled after Trump’s tariff threat on China, shaking investor confidence and reversing record highs amid rising recession fears. Learn why volatility spiked fast.
Economists, farmers and agriculture business owners from across the Midwest gathered to discuss the impact of the Trump administration’s changing trade policies.
On Friday, U.S. President Donald Trump lashed out at Beijing after China said it would tighten control over rare earth mineral exports. The trade war between the U.S. and China is heating up: On Friday,
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