China reportedly said on Saturday that it has approved some rare earth export applications without specifying which country or industries are involved.
U.S. markets close higher despite Trump's tariff threats. ISM PMI falls, construction spending drops. Dow up 0.08%, S&P 500 gains 0.41%, Nasdaq rises 0.67%.
The iShares China Large-Cap ETF fell Friday due to renewed U.S.-China trade tensions. Investors are anxious over external trade risks and internal U.S. economic fragility.
U.S. markets closed lower on Friday due to trade tensions and economic uncertainty. New single-family home sales rose 10.9%. Futures surged on Tuesday after Trump delayed EU tariffs.
Mixed U.S. markets closed as Treasury yields eased concerns about deficits. Jobless claims fell, while PMIs show strong economic momentum. Asian markets up.
The sharp drop came after U.S. importers began delaying or canceling shipments coming from China as Donald Trump’s 145% tariffs on Chinese goods came into effect.
US markets mixed on 5/15, Cisco up on AI demand, UnitedHealth down on fraud probe, Amazon & Walmart slip on tariffs. Optimism for trade deals, soft data & uncertain forecasts.
China is viewed as more favorable than the United States by residents of other countries around the world for the first time since survey tracking began in 2020.
