Trump’s media stock Truth Social is set for even wilder ride after the election
The stock price of former President Donald Trump’s social media company has swung up and down over the past few weeks, but it may be in for an even wilder ride. No stock is more directly linked to Tuesday’s election than Trump Media & Technology Group, the parent company of Truth Social. And the outcome…
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US election, Q2 earnings, Fed meet and 5 more factors to likely impact stock markets this week
The Indian equity market concluded Friday with a 0.5% weekly gain, led by gains in banking, financial, and metal stocks. As markets reopen on Monday, a mix of domestic and international eventsβincluding Q2 earnings reports, the US election, and global market dynamicsβwill likely shape market movements. On Friday, the Nifty 50 and BSE Sensex rose…
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Asian shares decline, tech weighs on US futures
Asian equities fell Thursday after US stocks and government bonds dropped as robust economic data blurred the picture for imminent Federal Reserve rate cuts. Shares in Australia and Japan opened lower, and a gauge of US-listed Chinese companies slipped in New York trading on Wednesday. US futures declined, weighed down by post-market losses for Microsoft…
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What’s at stake for China’s markets at the US election
China’s currency and equities will bear the brunt of a protectionist shift in the U.S. and are seen trading sensitively to the election’s trade and foreign policy implications. Investors say a win for Donald Trump, particularly if accompanied by a Republican sweep of Congress, is expected to squeeze the yuan and shares in export sectors….
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Japan’s Nikkei ends higher as market gauges US election outlook
Japan’s Nikkei share average rose on Tuesday, tracking gains in Wall Street, as investors assessed whether an assassination attempt on U.S. presidential candidate Donald Trump increased his chances of winning the November elections. The Nikkei closed 0.2% higher at 41,275.08, and the broader Topix finished up 0.34% at 2,904.5. Japan’s markets were closed on Monday…
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