Webull Corp shares closed Wednesday down more than 11% following a social media post suggesting that lawmakers are pushing for an investigation and potential delisting.
Major Chinese companies trading lower due to Trump's increased tariffs. China's GDP grew in Q1 but trade war dims outlook and prompts calls for stimulus.
Any attempts to rise and stay above 3000 resulted in price being blown off numerous times to fall back into what I called a 'Chaos Zone' between 2000 and 3000.
addition, the U.S. exempted certain electronics from reciprocal tariffs, easing fears of a deepening trade war.US markets closed higher fueled by upbeat bank earnings and comments from Fed officials. All 11 S&P 500 sectors gained, with materials and tech leading. Asia markets rose, and European markets up as US exempts some goods from tariffs.
Two warnings as loud as ever that US also feels (short-term?) pain from the tariff war - yields rise, USD falls, gold is rocketing up, BTC decoupling from Nasdaq.
The iShares China Large-Cap ETF rebounded Wednesday afternoon. Trump's announcement of a 125% tariff on Chinese imports meanwhile heightened investor fears over U.S.-China tensions.
US markets closed lower on 04/08 amid trade war fears and weak economic data. Asian markets followed suit with sharp declines, while European shares also fell as recession concerns grew. Oil prices dropped to multi-year lows, and the US dollar slumped as investors anticipate deeper rate cuts by the Federal Reserve.
The iShares China Large-Cap ETF had gained as much as 4.6% Tuesday morning. The ETF is now falling sharply Tuesday afternoon as U.S.-China trade tensions reached new highs.
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President Trump enacts a 34% tariff on imports from China, raising the total duties on Chinese goods to 54% and prompting swift criticism from Beijing.
