September 17, 2018

Stocks tumble as markets brace for Trump’s next round of tariffs

Stocks fell Monday as markets braced for major escalations in the US-China trade war. The Nasdaq Composite dropped nearly 1.5%, with companies like Apple earlier warning tariffs could force them to raise prices. The dollar and...
September 17, 2018

India’s currency nears all-time lows even as government scrambles to prop it up

The Indian rupee neared all-time lows Monday. India's government announced a plan to curb imports last week.  Watch the rupee trade in real time here. India's currency neared all-time lows Monday even after the governm...
September 15, 2018

China’s pockets may not be deep enough to bail out emerging markets

China has extended easy credit to vulnerable countries. But its pockets are not as deep as they once were, analysts say. Lending to emerging markets could also face political backlash. When Malaysia canceled two large-scale...
September 14, 2018

Stocks close mixed after Trump reportedly OK’s additional tariffs on $200 billion worth of Chinese imports

Stocks closed mixed Friday, surrendering earlier gains after Bloomberg reported President Donald Trump instructed his administration to follow through with tariffs on roughly $200 billion worth of Chinese imports&nbs...
September 14, 2018

Turkey’s currency slides after Erdogan takes aim at its central bank for hiking rates

Turkey's central bank raised its benchmark interest rate sharply Thursday. The Turkish lira rallied briefly, but fell after President Recep Tayyip Erdogan criticized the central bank for the move. Follow the Turkish lira in r...
September 13, 2018

Stocks rise amid US-China trade optimism

Stocks jumped Thursday following a lower-than-expected US inflation reading and optimism that Washington and Beijing could avoid further escalations in a trade war that has put nearly all products shipped between the two count...
September 13, 2018

Dozens of retailers testified about how Trump’s trade war with China could impact them – here’s what they said

The Trump administration has threatened to place tariffs on all Chinese products entering the country. In addition to a $200 billion round of duties that could be announced imminently, Trump last week said another $267 bi...
September 12, 2018

Tech stocks stumble after Apple unveils its new iPhone collection

Stocks stumbled Wednesday, dragged down by tech, after Apple unveiled a new collection of iPhones at a launch event on its Cupertino, California campus. The dollar and Treasury yields fell.  Here's the scoreboard: Do...
September 11, 2018

Stocks jump as tech, energy rally

Stocks rose Tuesday as trade war fears took a backseat to energy and tech rallies. Apple surged ahead of the unveiling of new iPhones set for Wednesday. The dollar and Treasury yields edged higher. Here's t...
September 11, 2018

Oil prices jump as Hurricane Florence adds to supply concerns

Oil prices jumped nearly 3% on Tuesday. Hurricane Florence is adding to Iran-related supply concerns, analysts say. Watch crude trade in real time here. Crude prices jumped nearly 3% on Tuesday as Hurricane Florence headed ...