The tariff reduction between the U.S. and China has caused a "risk-on" trade for the market and that's pushing cryptocurrencies higher. Upgrades to Ethereum have helped that token be one of the hottest on the market over the past week. The crypto market has been on a tear over the past week and had a great weekend as news broke that tariffs would be reduced between the U.S. and China.
After one month of eye-popping gains, fattened bulls are lightening up after the U.S. and China announced a trade truce.
Crypto is quietly evolving in 2025 — here are five major shifts shaping the $3.4T market that no one’s talking about.
Tariffs are costing automakers billions, but they’ve announced little in the way of car price hikes. While that’s good for car buyers, it’s not necessarily good for the American economy.
Investing.com – The dollar surged on Monday, underpinned by a jump in Treasury yields amid optimism that the U.S.-China trade deal would avert a tariff-led recession, but Deutsche Bank argues that the recent trade agreements are more beneficial to the rest of the world, likely keeping the greenback’s upside in check.
Bank of America analysts anticipate slightly higher e-commerce sales growth, and slightly lower same-stores growth, than the Wall Street consensus.
American businesses that rely on Chinese goods reacted with muted relief Monday after the U.S. and China agreed to pause their exorbitant tariffs on each other's products for 90 days. Importers still face relatively high tariffs, however, as well as uncertainty over what will happen in the coming weeks and months. Many businesses delayed or canceled orders after President Donald Trump last month put a 145% tariff on items made in China.
President Donald Trump's announcement that the U.S. and China will temporarily lower tariffs while they negotiate a new trade deal that will open up access China to U.S. businesses.
(Bloomberg) -- ETF investors exited bullish bets on semiconductors last week, just before the sector staged one of its sharpest one-day rebounds in months as Wall Street cheers a US-China trade truce.Most Read from BloombergA New Central Park Amenity, Tailored to Its East Harlem NeighborsAs Trump Reshapes Housing Policy, Renters Face Rollback of RightsWhat’s Behind the Rise in Serious Injuries on New York City’s Streets?NYC Warns of 17% Drop in Foreign Tourists Due to Trump PoliciesLA Mayor Cred
Shares of Stanley Black & Decker surged 16% on Monday, making the stock one of the biggest winners in the S&P 500 amid a broad market rally following news of tariff easing.
