President Donald Trump's boost to AI demand hopes is outweighing fresh tariff threats on China and the EU, as earnings season rolls on.
Dow Jones futures rose slightly overnight, along with S&P 500 futures and Nasdaq futures. Netflix surged late on strong earnings while United Airlines and Interactive Brokers rose on results.Late Tuesday,
Netflix beats expectations and reports stellar growth and forecasts for 2025. China could see 10% tariffs on goods going to the US from next month, which is lower than expected. UK public borrowing figures for Dec likely to weigh on bond market, and put pressure on UK to cut public spending quickly and rapidly.
Donald Trump’s threat of a 10% tariff on goods imported from China today led to weaker sessions for the Shanghai Composite and the Hang Seng index. The benchmarks have fallen 0.9% and 1.8% respectively, while the Nikkei 225 is up by 1.6% after last night’s positive Wall Street session.
With China tariffs looming on the horizon, Williams-Sonoma Inc. Chief Executive Laura Alber said that the home-goods retailer significantly cut its China exposure during Donald Trump’s first term in the White House.
IMAX will partner with Netflix to release Greta Gerwig's 'Chronicles of Narnia' film adaptation on 1,000 screens for a month. Here's why.