Wall Street Futures jump as US-China tariff deal lifts global sentiment
Monday, 12 May 2025 () US stock index futures surged following an agreement between the United States and China to scale back tariffs, easing trade war anxieties. The 90-day pause on additional trade measures includes tariff reductions, boosting market sentiment and driving gains in technology, growth, and energy stocks. However, pharmaceutical stocks declined due to President Trump's plans to lower prescription drug prices.
Asian markets surged after the U.S. and China held "substantial" trade talks in Geneva, offering hope for a resolution to the tariff war that has shaken global markets. With earlier tariffs reaching as high as 145% on Chinese goods and 125% in retaliation, fears of a recession had loomed large. But...
President Trump is set to announce a major trade deal with a “highly respected” nation—confirmed by insiders to be the UK. The deal may include U.S. tariff cuts on British steel, autos, and..
President Trump spoke to China's Xi about the ongoing tariff battle, claiming both nations are in an escalating tit-for-tat trade war. While China has denied formal negotiations, Trump is confident..
President Trump may abandon peace talks between Russia and Ukraine within days if no progress is made. Secretary of State Marco Rubio warned that the U.S. won’t prolong discussions without clear..
US stocks surged following President Trump's announcement of a comprehensive trade agreement with the UK, boosting global market sentiment. Gains were seen... IndiaTimes
Monday, 12 May 2025 ()
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