Trump, Brazil and tariffs
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Scavino and two other top officials sold Trump Media stock with a combined value of up to $10 million before tariffs news
Dan Scavino sold off at least $1 million in Truth Social stock on April 1, while Sergio Gor sold at least $15,000 a few days earlier.
Global stocks advanced on Thursday, underpinned by optimism around artificial intelligence and the prospect of upcoming interest rate cuts, while investors kept a cautious eye on U.S. President Donald Trump's tariff actions and their impact on global trade.
US stocks closed little changed despite Trump's tough tariff talk. Copper climbs to record high after Trump threatens to slap 50% levy on imports.
A couple deals with major trading partners could mean the effective tariff rate rises from 16% to 18% versus 21% scenario, according to Pingle.Nadia Lovell, senior U.S. equity strategist for UBS Global Wealth Management,
US stocks hit records, and Nvidia closed above a $4 trillion market cap for the first time. Investors looked past tariffs and toward earnings season.
World shares mostly climbed on Wednesday, following a choppy trading day on Wall Street as the Trump administration seeks to win more favorable trade deals with nations around the globe. In early trading,
U.S. stock futures were edging down early on Wednesday as investors digested President Donald Trump’s latest tariff announcements. A shock announcement on copper levies and a hardened stance on the deadline for trade deals has darkened the mood for the market slightly.