Micron to exit server chips business in China
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China, Stocks
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Shares of U.S. rare earth firms fell Tuesday after surging premarket—as stock indexes including the Dow and S&P 500 fell amid escalating trade tensions between the U.S. and China. USA Rare Earth plummeted over 7% after markets opened, despite surging in premarket.
The US-China trade war needle is pointing toward red again after Beijing sanctioned American entities of a South Korean shipping giant and threatened more retaliatory measures in response to US curbs on its own shipping sector.
The volatility in the stock market may stay high as the Nov. 1 deadline approaches for President Donald Trump’s proposed 100% tariffs on China to take effect, said Joe Mazzola, head trading and derivatives strategist at Charles Schwab.
A sharp sell-off in China stocks faded in choppy trading on Monday, allowing the market to trim early losses, as investors reassessed the impact of a renewed trade war between Washington and Beijing after taking profit to cut risks.
Stocks jumped Monday after President Trump said "all will be fine" with China, easing investor fears about his threat to add a new 100% tariff on the country's imports.
All three major stock indexes were advancing in Wednesday morning trading as Treasury Secretary Scott Bessent discussed the possibility of a longer pause on high tariffs against China. He pointed to t
Oliver Sloup, Blue Line Futures, says corn, soybeans and wheat all saw technical buying this week after bouncing off key support on the charts. The key is can the markets build on it next week?
Asian equities ended the week with a thud, as markets moved to the lower right on concerns over the US’ regional bank crisis going global. The US dollar strengthened overnight.
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