US markets closed mixed, with modest gains in S&P and Nasdaq while Dow was flat due to losses in McDonald's and Travelers. Economic data showed increase in wholesale inventories and drop in inflation expectations. Asian markets mostly up, Europe mostly down.
According to a Bloomberg report, Beijing seeks to enlist young social media influencers with at least 300,000 followers to collaborate with Chinese content creators.
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.
