Nisha Gopalan

2 weeks ago | investopedia.com | Nisha Gopalan

KEY TAKEAWAYSTreasury Secretary Scott Bessent said in an interview Tuesday that the U.S. has the upper hand over China as the trade war intensifies. "I think it was a big mistake, this Chinese escalation, because they're playing with a pair of twos," Bessent said on CNBC. "...What do we lose by the Chinese raising tariffs on us?

2 weeks ago | investopedia.com | Nisha Gopalan

Chip stocks rose in premarket trading Tuesday, extending Monday's gains following a rout sparked by President Donald Trump's sweeping tariffs and China's retaliatory measures. Nvidia's ( NVDA) stock price surged over 4% in premarket trading. Broadcom ( AVGO), Intel ( INTC), Micron Technology ( MU), Lam Research ( LRCX), Applied Materials ( AMAT), and other semiconductor stocks were also higher.

2 weeks ago | investopedia.com | Nisha Gopalan

KEY TAKEAWAYS Global stocks are rebounding Tuesday as some investors take advantage of recent massive losses, even as China threatened to hit back further if President Donald Trump hikes U.S. import tariffs by an additional 50%. U.S. stock indexes are poised for a positive start, with Dow Jones Industrial Average futures rising 2%, S&P 500 futures gaining 1.5%, and Nasdaq futures 1.3% higher. The Stoxx Europe 600 index is up about 1.5%, though still down more than 10% in the past week.

2 weeks ago | investopedia.com | Nisha Gopalan

Key TakeawaysAnalysts at Morgan Stanley on Monday cut their outlook on large- and mid-capitalization banks to "in-line" from "attractive," writing that President Donald Trump's tariffs are increasing recession risks. In their note on large-cap banks, Morgan Stanley analysts led by Betsy Graseck wrote that while their base case is for a "significant" gross domestic product (GDP) slowdown, recession risks have surged.

2 weeks ago | investopedia.com | Nisha Gopalan

Key Takeaways The major U.S. equity indexes were lower at midday Monday, extending last week's losses as the Trump administration showed no signs of pulling back from sweeping reciprocal tariffs. The Dow Jones Industrial Average, S&P 500, and Nasdaq all lost ground. Tesla ( TSLA) shares tumbled as the tariff-fueled selloff continued, and Wedbush analysts led by bull Dan Ives cut their price target for the stock to $315 from $550 previously.