Consumer Sentiment Crashes To 5-Year Lows As Inflation Fears Reach 1981 Levels Consumer sentiment dropped to 50.8 in May, its lowest since 2020, as inflation expectations surged to four-decade highs, unsettling markets.
Asia Markets Mixed, Europe Advances, Dollar Pressured By Soft US Inflation Data - Global Markets Today While US Slept US markets mixed on 5/15, Cisco up on AI demand, UnitedHealth down on fraud probe, Amazon & Walmart slip on tariffs. Optimism for trade deals, soft data & uncertain forecasts.
Powell Signals Fed May Shift Inflation Strategy After 5 Years Of Economic Upheaval Fed Chair Jerome Powell says the central bank is rethinking its inflation and employment approach as part of its 2025 policy review.
Tariffs Slow Retail Spending As Producer Prices Post Sharpest Drop Since 2020 U.S. April retail sales slowed to 0.1% as tariffs hit consumer demand, while producer prices fell 0.5% in a surprise contraction.
Asia Markets Mixed, Europe Slips; Dollar Slides Amid Fed Uncertainty - Global Markets Today While US Slept On May 14, US markets closed mixed. S&P 500 rose slightly, Dow slipped and Nasdaq advanced. Tech stocks rose on AI deals. Economic data awaited.
Asia Markets Gain, Europe Dips, Dollar Pressured By Soft Inflation Data - Global Markets Today While US Slept US markets closed mixed, with S&P 500 and Nasdaq up due to cooling inflation and US-China trade truce. Dow down on UnitedHealth shares drop.
Wall Street Rips Higher As Tariff Truce Halts US–China Economic Escalation US-China agree to slash tariffs by over 100%, easing fears of economic slowdown and inflation. Markets cheer with futures rising and yields up.
Asia And Europe Markets Advance On China-US Tariff Pause, Oil Gains 3% - Global Markets Today While US Slept Mixed markets as investors focus on trade talks, jobless claims drop while productivity declines. Asian markets higher on trade deal optimism.
Wells Fargo Sees Aggressive Fed Rate Cuts As 'Stomach-Turning' Turbulence For Economy Looms Wells Fargo expects a bumpy 2025 with a mid-year GDP contraction, tariff-fueled labor market deterioration and a major shift in Fed policy.
Asia Markets Mixed, Eurozone Gains; Oil Rises On Trade Deal Hopes - Global Markets Today While US Slept U.S. markets closed higher on new trade deal and positive economic data. Asian markets mostly up, commodities and futures mixed. Dollar declined.
Asia Markets Gain, Europe Slides And Gold Retreats - Global Markets Today While US Slept Trump's tariff uncertainty and Fed's upcoming decision weigh on US markets. Trade deficit rises, while Asian and European markets show mixed results.
Ex-Morgan Stanley Currency Guru Warns Asia May Dump $2.5 Trillion In US Dollars Amid Trade War Shockwaves The warning comes as President Donald Trump’s aggressive trade policies are rattling markets and longtime U.S. business partners.
Asia Markets Mixed, Europe Slips, Gold Nears $3,400 Again - Global Markets Today While US Slept US markets closed lower due to Trump's tariff on foreign films. Investors await Fed decision amid inflation & profit concerns. Crude oil & gold prices rose, while US futures & USD fell.
Services Activity Barely Expands In April As Price Pressures Spike To Over 2-Year Highs: 'A Worrying Backstory Is Developing' US services sector growth slows in April. Inflationary pressures surge to a 2-year high, driven by trade tariffs. Stalling momentum and stagflation risks loom.
Asia And Europe Markets Mixed, Gold Gains, Oil Slides On OPEC+ Output Hike - Global Markets Today While US Slept US markets closed higher on strong jobs data and trade hopes, with S&P 500 marking longest winning streak in 20 years. Asia markets mixed.
Warren Buffett's Biggest Worry About US Dollar: 'Wouldn't Want To Be Owning Anything ... In A Currency That Was Really Going To Hell' Buffett said the fiscal policy of the U.S. scares him because it's made the way it is and all the motivations are to doing a lot of things that can cause trouble with money.
Asia And Europe Markets Advance; Gold Up On Softer Dollar - Global Markets Today While US Slept US markets closed higher on strong earnings from Microsoft and Meta. Economic data showed mixed results. European and Asian markets also rose.
US Manufacturing Activity Contracts In April As Tariffs Push Input Prices Toward 3-Year Highs US manufacturing sector continues to shrink in April amid weakening demand and rising price pressures from tariffs, ISM data show.
Gold Slides On Trade Optimism, Dollar Strengthens - Global Markets Today While US Slept Dow and S&P 500 rebound after GDP decline, consumer spending up, tech giants surge. Asian markets rise, Europe closed for holiday. Oil, gold down.
Asia Mixed, Europe Markets Gain; Gold Softens On Easing Tensions - Global Markets Today While US Slept US markets closed higher as strong earnings, trade developments, and recession concerns were weighed. DJIA up 0.75%, S&P 500 up 0.58%, Nasdaq up 0.55%.
Dollar Under Pressure: Wall Street Split Widens Ahead Of High-Stakes US Data Wall Street divided on dollar's future. Wells Fargo bullish, Goldman Sachs bearish. Dollar hit high short positions, oversold, due to US policy uncertainty.
