US stock markets open sharply lower as economic contraction sparks...

Dununu.com Dununu

Sponsored

US stock markets open sharply lower as economic contraction sparks selloff

RSS Feed Business

Posted

100

US markets opened in red as the economy unexpectedly shrank by 0.3% in the first quarter, driven by increased imports and slower consumer spending. The decline raised concerns about President Trump's tariff policies, with the Dow, Nasdaq, and S&P 500 all experiencing significant drops. European and Asian markets showed mixed reactions amidst global trade uncertainties.

Read Full Article

Please log in to like, share and comment!

Evening news wrap: Shux returns to Earth; Tesla enters Indian market; Trump presses Ukraine to strike Russia, and more

By 0 2

IND vs ENG: 'Really annoying...' — King Charles III sympathises with India

Following a narrow defeat in the third Test match against England, King Charles III hosted and...

By 0 4

Home Ministry transfers five undersecretaries: Tiwari appointed Immigration DG, Ghimire heads TIA office

KATHMANDU: The Ministry of Home Affairs has transferred five joint secretaries, including...

By 0 6

College graduates are losing their job market edge, says report: Here's what students need to be prepared for

By 0 13

JPMorgan Q2 results: Bank's profit beats estimates at $14.2 billion; revenue strong but CEO Jamie Dimon warns of global risks

JPMorgan Chase reported a second-quarter net profit of $14.2 billion, surpassing Wall Street...

By 0 16