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US stock futures rose as Wall Street braced for President Trump's announcement of new tariffs that stand to remake the global trade order.
U.S. stocks kick off the week under renewed pressure as investors await President Donald Trump's Wednesday tariff announcement. Investors seek havens, pushing up gold and pulling down Treasury yields.
While tariffs are front and center for markets, a handful of other issues is weighing on investor confidence as the second quarter kicks off.
US stocks mostly rebound, with the Dow erasing an early 300-point drop to end up 400 points. Investors see April 2 tariffs as catalyst for next move.
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Loyal Newsmax viewers who listened to the channel’s entreaties last year and lined up to buy $10-per-share stakes in the company are feeling pretty rich right about now. Those shares are currently worth more than $130 each.
Newsmax's shares closed with a more-than-eight-fold gain at $83.51 on Monday, partly buoyed by retail interest.
In the bear case, Axis Securities assumed inflation to pose as big challenge for the developed world, including the US, noting that global markets have not seen high levels of interest rates in the past.
Investors are looking ahead to President Trump's deadline to impose reciprocal tariffs on US trading partners creeps closer.