Nasdaq and Dow Jones begin the week on a downward trend as Trump adjusts tariffs.
Stock Market Dip Amid Tariff Concerns U.S. stocks took a hit as President Trump’s recent tariff announcements loomed over the market. By early afternoon, the Dow Jones had decreased by 1.4%, the Nasdaq was down 1%, and the S&P 500 fell by 0.9%. In contrast, measures of volatility, gold, and crude oil saw an uptick […]
Stocks drop as traders realize Trump has severe options for new trade tariffs
Market Update: Dollar Weakens as Tariff Uncertainty Looms The dollar has lost value against foreign currencies. In Asia and Europe, stock markets faced significant declines. Early trading showed S&P 500 futures down by 0.22%. Investors are starting to recognize that the ramifications of the U.S. Supreme Court’s tariff ruling, along with President Trump’s response, are […]
China Calls on the U.S. to Remove Tariffs Following Supreme Court Decision
China Urges U.S. to Lift Tariffs Following Supreme Court Ruling On Monday, China’s Ministry of Commerce appealed to the United States to remove all tariffs, especially after the U.S. Supreme Court invalidated former President Donald Trump’s emergency tariffs. A spokesperson from the Ministry emphasized that China has long opposed any form of unilateral tariff hikes, […]
EUR/USD Forex Signal 23/02: Uncertainty Surrounding US Tariffs (Chart)
Created on February 23, 2026 A short trade on EUR/USD from last Thursday has turned out to be relatively profitable, triggered by a bearish rejection at the $1.1805 mark, as indicated by the hourly pin bar. Risk involved is 0.75%. Trades can be initiated before 5pm London time today. Consider going short on the next […]
Supreme Court Justice Clarence Thomas criticizes the court’s ruling on Trump’s tariffs
Supreme Court Ruling on Trump’s Tariffs In a notable decision, Supreme Court Justice Clarence Thomas dissented against the court’s ruling that blocked President Donald Trump’s use of emergency legislation to impose tariffs. Thomas argued that the emergency law was fundamentally misinterpreted, claiming that it misreads both existing law and the Constitution’s separation of powers. He […]
Pound Sterling remains steady above 1.3500 thanks to better UK data and uncertainty over US tariffs
During early European trading on Monday, the GBP/USD pair held steady, around 1.3520. After hitting four-week lows last week, major currency pairs have bounced back, which might be related to fresh worries about U.S. tariffs. Today, Bank of England external member Alan Taylor and Federal Reserve governor Christopher Waller are set to speak. On Friday, […]
Bitcoin, Ethereum, Dogecoin, and XRP Drop After New Global Tariffs Are Imposed: Analyst Indicates BTC Is Nearing the ‘Last Decline’ of This Cycle
On Sunday night, major cryptocurrencies saw a decline, paralleling a drop in stock prices as the new president, Donald Trump, announced a 15% tariff on goods imported from the U.S. around the world. Cryptocurrency market falls into ‘extreme fear’ Bitcoin’s trading volume decreased in the last 24 hours, fluctuating between the high $65,000s and low […]
Stock futures decline as investors consider Trump tariffs: Live updates
U.S. stock futures remained relatively stable on Sunday evening following President Trump’s announcement of an increase in global tariffs from 10% to 15%. This decision came after the Supreme Court invalidated the president’s “reciprocal” tariffs. Futures for the Dow Jones Industrial Average dropped by 97 points, or 0.2%. Meanwhile, S&P 500 futures and Nasdaq 100 […]
Scott Bessent is hesitant about refunding Trump’s IEEPA tariffs while the administration introduces an alternative plan.
Bessent Holds on Tariff Refunds After Supreme Court Ruling In Washington, Treasury Secretary Scott Bessent has paused the implementation of a lower court’s decision regarding rebates linked to President Trump’s International Emergency Economic Powers Act (IEEPA) tariffs, following a recent Supreme Court ruling. “The Supreme Court didn’t really address that,” Bessent mentioned during an appearance […]
Scott Bessent Discusses the Future of Trump’s Tariffs and Trade Agreements
Tariff Revenues Expected to Stay Steady, Says Treasury Secretary Treasury Secretary Scott Bessent appeared on “Sunday Morning Futures” with Maria Bartiromo, stating that tariff revenues are unlikely to drop despite a recent Supreme Court ruling regarding President Trump’s “Emancipation Day” tariffs. The Supreme Court ruled 6-3 that Trump overstepped his authority under the International Emergency […]