Stock-market futures edge lower as Trump threatens EU tariffs in tweet
U.S. stock benchmarks on Tuesday were seeing muted to slightly lower trade, amid the threat of a fresh escalation of tensions on tariffs with the European Union.
What’s driving the market? A fresh clash in international trade is being digested by investors in early morning action, after the office of the U.S. Trade Representative threatened to levy tariffs on many European goods late Monday. The threat is a retaliation against European companies’ subsidies for aircraft manufacturer Airbus SE EADSY, +1.87% If the U.S. follows through, the proposed tariffs would affect about $11 billion in imports to the U.S.
— Donald J. Trump April 9, 2019 Fresh tensions in international trade comes as Trump’s administration was reportedly close to resolving a yearlong spat with China, which has roiled markets because such a clash between the world’s largest economies could disrupt global economic growth, market participants have said.
Before that report, a reading of small-business optimism was little changed in March, according to a survey released Tuesday. The National Federation of Independent Business reported its small-business optimism index edged up 0.1 points to a seasonally adjusted 101.8, marking the third month in a row in a narrow range.
Avaya Holdings Corp. AVYA, +3.14% stock was in focus, after Bloomberg reported Thursday evening that the communications software company is organizing a sales process for the company, following the receipt of unsolicited bids. Shares have risen 3.9% in off-hours trade.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market trades at session low with energy sector, Boeing's stock weighingThe stock market traded at session lows with about two hours left in regular trade Wednesday afternoon. There appeared to be no direct catalyst for the...
Read more »
Stock futures higher | March jobs report set | Trump recommends Herman CainFutures are indicating a modestly positive open for Wall Street, solidifying what's likely to be the second straight positive week.
Read more »
Trump threatens to tariff EU cheese, wine, helicopters, over Airbus subsidiesThe Trump administration is proposing tariffs on new passenger helicopters, various cheeses and wines, ski suits and certain motorcycles in response to harm the U.S. says is being caused by European Union subsidies to Boeing Co. rival Airbus SE.
Read more »
Ivanka Trump Was In Contact With A Russian Who Offered A Trump-Putin MeetingHer contact, a Russian Olympic weightlifter, said a meeting between Trump and Putin could expedite a Trump tower in Moscow.
Read more »
Twitter ridicules Trump for posting doctored tape mocking Joe Biden: 'Trump bragged about sexually assaulting women'“Trump is an utter hypocrite,' Barbra Streisand tweeted.
Read more »
Lara Trump dismisses talk of Republican challenging Trump in New Hampshire primaryLara Trump says the 2020 campaign plan is to 'stay out of Democrats way. We're going to let them battle it out.'
Read more »
3 ways to navigate stock markets that have lower volatilityThe stock market has gotten a lot calmer after a volatile December, and JPMorgan Asset Management has some ideas for how to navigate the quiet period.
Read more »
JPMorgan CEO Jamie Dimon Says the Stock Market’s Brutal 4th Quarter ‘Might Be a Harbinger of Things to Come’JPMorgan Chase CEO Jamie Dimon defended capitalism, lower corporate taxes, and stock buybacks while highlighting the bank’s strength’s in his annual letter to shareholders.
Read more »
Dow dragged to a loss by Walgreens' worst day in 4 1/2 years but broader stock market edges higherU.S. stock markets closed mostly higher on Tuesday, but the Dow industrials were weighed by the worst stock slump in year for shares of Walgreens Boots...
Read more »