107% US tariff on Italian pasta! Prices could soar, supply may vanish. Traders eye food sector impact.
S&P 500 lags global indexes (16% return) amid trade uncertainty & dollar weakness. AI stocks soar, but broad market faces risks.
US adds coal, copper, silver to critical minerals list. Copper faces 590K ton deficit by 2026; silver in 5th year of deficit.
UBS expects the S&P 500 to climb to 7,300 by June 2026, citing Fed easing, resilient earnings and rising AI investment as key drivers that should keep U.S. equities advancing.
SoftBank dumps NVDA stake, chip stocks dip 2.5%. Viatris jumps 10% on growth plans & $1B+ shareholder returns.
Dow Industrials +1.18%, S&P 500 +0.21%, Nasdaq -0.25%. SOX dumps 2.48%. Traders eye sector rotation.
Reserve managers are trimming dollar holdings but favouring smaller G-10 and emerging-market currencies over the euro or sterling, Standard Chartered’s Steve Englander says. The trend shows waning dollar dominance but no clear replacement in sight.
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