
Wall Street wrestles with market volatility amid renewed tariff tensions with China
European markets rise nearly 2.5% after sharp declines, while US indices falter following a 104% tariff announcement on the Asian country
European markets rise nearly 2.5% after sharp declines, while US indices falter following a 104% tariff announcement on the Asian country
The S&P 500 plummets nearly 4% in its worst day in two years. The euro surges above $1.11, and Brent crude oil sees a sharp decline of 7%
Experts warn that the energy sector is not contemplating a boost in production, despite the president’s messages. The country is already the world’s leading oil producer, but fracking deposits lose profitability when the price per barrel falls below $70
Iran’s retaliation for Israeli strikes on Lebanon is raising concerns that the political turmoil could spill over into the crude market