Apr 4, 2025 | Markets
The first signs of capitulation among normally bullish retail traders are showing up in data at JPMorgan Chase & Co. and Fidelity Investments. JPMorgan reported retail orders amount to net selling of $1.5 billion as of noon Friday, the most in the first 2.5 hours...
Apr 4, 2025 | Markets
Copper prices plunged below $9,000 a ton in the biggest drop since March 2020 as worries over the impact of a worsening trade war sparked a heavy selloff in metals and mining equities. The bellwether metal fell 6.3% to settle at $8,780 a ton in London on Friday, as...
Apr 4, 2025 | Markets
The fastest US stock market selloff since the depths of the Covid pandemic has left valuations looking cheap. But if a recession is inevitable due to the global trade war sparked by President Donald Trump’s tariffs, the definition of inexpensive becomes relative....
Apr 4, 2025 | Markets
Treasuries climbed and traders boosted their bets on interest-rate cuts by the Federal Reserve as the fallout from President Donald Trump’s tariffs convulsed markets for another day. A solid US jobs report failed to reassure markets on Friday, while comments from Fed...
Apr 4, 2025 | Markets
The Bank of Italy cut its forecast for growth this year, reckoning that new US tariffs will hold back expansion in the euro zone’s third-biggest economy. Gross domestic product is seen rising 0.6% in 2025 compared to a previous forecast of 0.8%, according to the...
