US stocks today: Wall Street slides as Donald Trump’s Iran deadline rattles markets; oil surges

[ad_1] File photo (Picture credit: AP) US stocks fell on Tuesday as investors turned cautious ahead of President Donald Trump’s deadline for Iran to reopen the Strait of Hormuz, with markets on edge over whether the conflict in Middle East could intensify further.Wall Street’s three main indexes were in the red in early trade, dragged […]

As US and China play game of trade chicken, bloodbath in the markets

[ad_1] AI image for representation The TOI correspondent from Washington: The trade war between the United States and China dramatically escalated this week, reaching a new and alarming phase after tit-for-tat export controls that rattled markets even as they were closing on Friday. Barring a pullback by both sides over the weekend, more pain is […]

US Fed pauses rate cuts again says ‘great deal of uncertainty’ over Trump’s tariffs

[ad_1] File photo: US federal reserve chair Jerome Powell (Picture credit: AP) US Federal Reserve Chair Jerome Powell on Wednesday warned that US President Donald Trump’s escalating and uncertain tariff policies could force the central bank into a difficult position where its key objectives, low inflation and maximum employment, might come into conflict. “I think […]

US consumer confidence sinks to 5-year low driven by tariffs, recession fears

[ad_1] AI-generated image (Credit: Bing image creator) American consumer confidence in the economy has dropped to its lowest level since the onset of the Covid-19 pandemic. The Conference Board reported a sharp 7.9-point decline in April, bringing the index down to 86, marking the lowest reading since May 2020. The decline is being largely attributed […]

Zerodha CEO Nithin Kamath to investors: Over the next 10 days, there are only …

[ad_1] Zerodha CEO and co-founder Nithin Kamath has advised investors to step back from trading during the upcoming shortened trading weeks. In a post on X, Kamath pointed to increased market volatility and stressed the need for mental clarity and preparation to trade profitably. Nithin Kamath’s advice Kamath pointed out that over the next 10 […]

Global markets crash as Donald Trump tariff blitz sparks panic and retaliation

[ad_1] Representative AI image generated by Denny NEW DELHI: Asian stock markets nosedived on Monday as global financial turmoil deepened, triggered by US President Donald Trump’s sweeping tariffs and China’s retaliatory measures. With fears of a full-blown trade war mounting, US futures pointed to further losses on Wall Street, compounding Friday’s historic meltdown.Tokyo’s Nikkei 225 […]