Market

Wall Street rebounds as tariff delay prompts rally

5 monthes ago   |   By Reuters

Wall Street rose on Tuesday after the Trump administration announced a delay on select Chinese import tariffs, bringing buyers back to the equities market in a broad-based rally.
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Oil soars near 5% on easing U.S.-China trade tensions

5 monthes ago   |   By Reuters

Oil prices rose almost 5% on Tuesday after the United States said it would delay imposing a 10% tariff on certain Chinese products, easing concerns over a global trade war that has pummeled the market in recent months.
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Trump delays some China tariffs to limit impact on holiday shopping

5 monthes ago   |   By Washington Post

Hold on tariffs on cellphones, laptops, footwear reflects concerns about trade war's potential impact on the U.S. economy.
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Trump's China tariffs on electronics are now delayed until just before Christmas

5 monthes ago   |   By Fast Company

The Trump administration delays China tariffs until December 15 for certain electronics, toys, and other goods.
The U.S. government has waived off tariffs on phones, laptops, and game consoles until December 15, essentially letting device-makers avoid price hikes during much of the holiday shopping season. A press release from the U.S. Trade Representative says the delay came in response to public comments and hearings and will also apply to “certain toys, computer monitors, and certain items of footwear and clothing.”
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These 7 retail stocks surged more than 5% after the Trump administration delayed China tariffs

These 7 retail stocks surged more than 5% after the Trump administration delayed China tariffs

5 monthes ago   |   By Business Insider

Retail stocks surged when the Trump administration announced that some goods wouldn't be subject to tariffs until December - not September, as originally planned.
Industry watchers had expected that the latest round of tariffs would weigh heavily on the retail sector and consumers.
Here are 7 retail stocks that jumped more than 5%.
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Dow rises nearly 500 points after US delays certain tariffs on tech

5 monthes ago   |   By Stl Today

Stocks soared Tuesday, erasing an early deficit, after the United States delayed some tariffs on Chinese goods.
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Dow surges 450 on news that U.S. will delay some tariffs

5 monthes ago   |   By Washington Post

Stocks made a sweeping reversal moments after the White House said it would push back implementation on consumer goods tariffs.
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Trump says Christmas shopping was factor in tariff decision

5 monthes ago   |   By Reuters

U.S. President Donald Trump said on Tuesday his administration decided to delay tariffs on some Chinese imports until mid-December to avoid hurting U.S. shoppers heading into the Christmas holiday.
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The Latest: US delays tariffs on some Chinese goods

5 monthes ago   |   By Chron

WASHINGTON - The Latest on the shifting trade relations between the U.S. and China :
11:30 a.m.
The United States is delaying tariffs on Chinese-made cellphones, laptop computers and other items and removing other Chinese imports from its target list altogether, triggering a rally in beleaguered U.S. markets.
The U.S. Trade Representative said Tuesday 10% tariffs on about $300 billion in Chinese imports will go forward, but tariffs on some goods will be delayed until Dec. 15. Those items include cellphones, laptop computers, video game consoles, some toys, computer monitors, shoes and...
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Shares, dollar rebound on new U.S.-China trade call

5 monthes ago   |   By Reuters

U.S. and European stocks jumped, the dollar strengthened and bond prices rose on Tuesday on news U.S. and Chinese officials held a telephone call to discuss tariffs and planned another call in two weeks, easing concerns about the U.S.-Sino trade war.
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Dow surges 450 on news that U.S. will delay some tariffs

5 monthes ago   |   By Washington Post

Stocks made sweeping reversal moments after White House says it would push back implementation on consumer goods tariffs.
Read more ...

 

Apple surges after the US delays tariffs on cellphones and laptops

Apple surges after the US delays tariffs on cellphones and laptops

5 monthes ago   |   By Business Insider

Shares of Apple spiked as much as 6% on Tuesday as part of a market-wide rally in major US stock indexes.
The gains came after the Trump administration announced plans to delay planned tariffs until December on numerous Chinese goods including cellphones and laptops.
Investors and analysts have been concerned about Apple's vulnerability to the coming tariffs because of the company's reliance on Chinese manufacturing for iPhones and iPads.
Watch Apple trade live .
Apple's stock soared as much as 6% early Tuesday after the Trump administration said it would delay planned tariffs on numerous...
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Oil soars over 3% on easing U.S.-China trade tensions

5 monthes ago   |   By Reuters

Oil prices rose over 3% on Tuesday after the United States said it will delay imposing a 10% tariff on certain Chinese products, easing concerns over a global trade war that has pummelled the market in recent months.
Read more ...

 

U.S. details items from China for which new tariff is delayed

5 monthes ago   |   By Reuters

The Trump administration on Tuesday released a 21-page list detailing an extensive array of Chinese imports for which it has decided to delay a new 10% tariff from Sept. 1 to Dec. 15, ranging from frozen fish to fireworks, sports equipment and baby gear.
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U.S. Adjusts China Tariff List, Removing Some Items, Delaying Others

5 monthes ago   |   By Fortune

The U.S. trade war with China won't impact the holiday sales period as much as some analysts had feared.
The United States Trade Representative on Tuesday said it was adjusting the list of items that would be subject to tariffs. Some were removed due to “health, safety, national security and other factors” while others, including many popular consumer goods, saw their tariffs delayed until Dec. 15.
The USTR did not list which items would be removed completely from the list in its initial announcement, but noted that “cell phones, laptop computers, video game consoles, certain toys...
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Stocks soar after US delays plans for some China tariffs

5 monthes ago   |   By Chron

NEW YORK - Stocks rose sharply on Wall Street Tuesday after the U.S. government said it would delay new tariffs on certain goods imported from China and remove tariffs on other goods entirely.
The news marked a welcome cool-off of trade tensions between the two economic giants which has been roiling global markets for weeks. President Donald Trump's announcement of the wide-ranging new tariffs on August 1 rattled investors, as did a subsequent decision by Beijing to allow its currency to weaken against the dollar.
The U.S. Trade Representative said the new tariffs of 10%, due to kick in on...
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Oil climbs above $65 after an escalation in Libya's civil war forces the...

Oil climbs above $65 after an escalation in Libya's civil war forces the shutdown of 2 major oilfields

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The forces behind Boeing's long descent

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For nearly a year , the world's largest aerospace company has been engulfed by a scandal of its own making. The 737 Max crisis , which unfolded after 346 people died in two... Read more ...

Apple CEO Tim Cook heads to Ireland to pick up an award for investing in the...

Apple CEO Tim Cook heads to Ireland to pick up an award for investing in the country

Apple CEO Tim Cook is currently in Dublin, Ireland to receive an award recognizing Apple's investment in the country over 40 years. Irish Prime Minister Leo Varadkar will... Read more ...

Sadiq Khan says the UK doesn't share Trump's values and Boris Johnson should...

Sadiq Khan says the UK doesn't share Trump's values and Boris Johnson should tell him his views are wrong

Sadiq Khan tells Business Insider that the UK must stop being "obsessed" with trying to please Donald Trump, whose views are massively out of line with British people. The... Read more ...

The star of the 49ers' dominant win over the Packers nearly became a pro...

The star of the 49ers' dominant win over the Packers nearly became a pro surfer and was cut 6 times in the NFL before breaking out

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Brad Pitt and Jennifer Aniston had an adorable backstage moment after...

Brad Pitt and Jennifer Aniston had an adorable backstage moment after winning at the SAG Awards and people can't stop talking about it

Exes Brad Pitt and Jennifer Aniston reunited backstage at the 26th annual Screen Actor Guilds Awards Sunday night. Pitt and Aniston both won awards in the evening. The two... Read more ...

Aaron Rodgers said the latest playoff loss stings more than usual because 'I...

Aaron Rodgers said the latest playoff loss stings more than usual because 'I don't have the same number of years ahead of me as I do behind me'

Aaron Rodgers said the Green Bay Packers' loss to the San Francisco 49ers in the NFC Championship hurt more than losses earlier in his career. Rodgers said he has a greater... Read more ...

Brad Pitt calls out 'Once Upon a Time in Hollywood' director Quentin...

Brad Pitt calls out 'Once Upon a Time in Hollywood' director Quentin Tarantino's obsession with filming women's feet during his SAG Awards speech

Brad Pitt won best supporting actor at the Screen Actors Guild Awards for his role in "Once Upon a Time in Hollywood." During his speech, Pitt referenced and joked about... Read more ...

The Biggest Stock Market “Melt Up” In U.S. History Has Pushed Stock Prices...

The Biggest Stock Market “Melt Up” In U.S. History Has Pushed Stock Prices To The More Overvalued Levels Ever

Over the past several months, we have witnessed one of the greatest stock market rallies in American history. The S&P 500 has gone 70 days in a row without a 1 percent loss... Read more ...

Millie Bobby Brown and the 'Stranger Things' cast reunited and looked...

Millie Bobby Brown and the 'Stranger Things' cast reunited and looked stunning on the SAG Awards red carpet

The "Stranger Things" cast reunited at the 2020 SAG Awards red carpet Sunday afternoon. Cara Buono, Finn Wolfhard, Noah Schnapp, Millie Bobby Brown, Priah Ferguson, and Gaten... Read more ...