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US stock indices declined on Thursday after President Donald Trump announced a 90-day pause on hefty tariffs for dozens of countries, but raising levies on China to 125%. As of 10:10 AM Eastern time, the S&P 500 was down 3%, the Dow Jones Industrial Average was down 2.4%, and the Nasdaq composite was 3.7% lower….
In early April 2025, global financial markets were jolted by a sharp and unexpected escalation in trade policy. US President Donald Trump announced sweeping reciprocal tariffs targeting nearly every major trading partner, a move that went beyond the tit-for-tat approach of previous years. US equities had the biggest decline in dollar value terms, losing $5.3…
US stock indices opened sharply lower on Monday, as investors rushed to government bonds on economic worries over the fallout of President Donald Trump’s sweeping tariffs on US trading partners. At 09:31 a.m. the Dow Jones Industrial Average fell 1,212.98 points, or 3.17%, to 37,101.88, the S&P 500 lost 181.37 points, or 3.57%, to 4,892.71,…
Wipro Q4 Update: India’s fourth-largest IT major will declare its January-March quarter results on April 16, 2025. The Srinivas Pallia-led tech giant reported a 24.5 per cent rise in its consolidated net profit to ₹3,353.8 crore during the third quarter of the current fiscal year, compared to ₹2,694.2 crore in the year-ago period. Revenue from…
US stock market slumped on Thursday, with the Wall Street benchmark indices ending with the largest single-day percentage losses since 2020, after US President Donald Trump’s sweeping trade tariffs stoked fears of an all-out trade war and fears of a global economic recession. The Dow Jones Industrial Average crashed 1,679.39 points, or 3.98%, to 40,545.93,…
