Wall Street Drifts as 'Trump Trade' Momentum Slows
U.S. stocks slipped on Tuesday as the post-election "Trump trade" rally that has energized Wall Street began to lose some steam. Following Donald Trump 's presidential victory, investors rushed to buy into stocks they expected to benefit from his policies, but that surge now appears to be cooling.
The firm says investors should be closely monitoring bond yields and the US dollar for signs of when equities could turn.
The stunning post-election stock market rally could be in jeopardy if the president-elect’s agenda spurs inflation, and adds ...
Australia's Prime Minister Anthony Albanese said he told U.S. president-elect Donald Trump in a phone call the United States ...
If Trump's proposed 60% tariff against China is enacted and the country responds aggressively, it could pressure some of ...
The president-elect made universal tariffs a core tenet of his economic pitch, proposing a specifically harsh rate for ...
Three executives have publicly said they'd raise prices for consumers if Trump enacts his proposed tariffs.
It marks a bet by investors that a Trump White House might ease up on some of the investigations by safety regulators into ...
Lighthizer served as U.S. Trade Representative in Trump’s first administration.
The Chinese economy is more dependent on exports, making tariffs more potent, yet it’s less reliant on American markets and ...
In recent days, China has been forcing down the value of the renminbi, partly in anticipation of Trump imposing new tariffs.
The presidents of the United States, China and other Asia Pacific nations gather in Lima this week for an economic summit ...
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