President Donald Trump has announced a 90-day pause on his reciprocal tariffs, and the stock market is already bouncing back — from the damage caused last week when Trump announced his reciprocal tariffs. Tech stocks, like Apple, Sony, and Microsoft, shot up quickly following Trump’s announcement, with Tesla rising particularly fast. As of this writing, … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Wall Street stocks rallied on Friday at the end of a volatile week of trading as hopes grew that the US government will avoid a costly shutdown. The blue-chip S&P 500, which on … Read more
A reader asks: Do you think the S&P 500 top 10 will change in the next 10 years? I love this topic. I’ve been been keeping track of the top 10 names for years. Here’s the latest update with the current top 10 in the S&P 500: A few things stand out from this data. … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Japanese markets extended their slide on Tuesday as the heavy sell-off in technology stocks headed into a second day, driven in part by the overnight plunge in chipmaker Nvidia’s shares. Nvidia lost $589bn of market … Read more
China is guiding local mutual funds and insurers to boost their stock purchases in the government’s latest initiative to shore up its ailing equity market as it confronts the threat of higher tariffs. Mutual funds should raise their holdings of onshore equities by at least 10% annually for the next three years, while large state-owned … Read more