
Purvi Agarwal
Articles
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1 week ago |
marketscreener.com | Lisa Mattackal |Purvi Agarwal
(Reuters) -Nasdaq futures led declines on Wednesday and AI-chip heavyweight Nvidia slumped after it flagged steep charges from new U.S. curbs on semiconductor exports to China, the latest flashpoint in trade tensions between the world's two largest economies. The U.S. Commerce Department late on Tuesday issued new export licensing requirements for Nvidia's H20 and AMD's MI308 artificial-intelligence chips to China.
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1 week ago |
marketscreener.com | Lisa Mattackal |Purvi Agarwal
(Reuters) -U.S. stock index futures were subdued on Tuesday, as investors tried to gauge the possibility of a tariff relief for the auto sector after President Donald Trump hinted at more exemptions. Trump on Monday suggested potential exemptions for the 25% tariffs imposed on foreign imports of autos and auto parts, saying he was "looking at something to help some of the car companies." Ford was flat in premarket trading, while General Motors slipped marginally after a brokerage downgrade.
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1 week ago |
uk.marketscreener.com | Lisa Mattackal |Purvi Agarwal
(Reuters) -Wall Street's main indexes were on track to jump at the open on Monday, with most tech stocks rising before the bell after the White House exempted smartphones and computers from new tariffs on China, although further semiconductor levies remain imminent. The U.S. unveiled the exemptions on Friday, but President Donald Trump said he would announce tariff rates for imported semiconductors later in the week.
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1 week ago |
thewest.com.au | Shashwat Chauhan |Purvi Agarwal
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1 week ago |
uk.marketscreener.com | Shashwat Chauhan |Purvi Agarwal
(Reuters) -U.S. stock index futures swung between gains and losses on Friday after China increased its tariffs on U.S. imports to 125% in the latest escalation of the ongoing trade war, with markets keenly awaiting bank earnings later in the day. China's move comes after U.S. President Donald Trump on Thursday ramped up pressure on the country by lifting tariffs to an effective rate of 145%, even as he announced a 90-day tariff reprieve on most trading partners.
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