China, Trump and Stocks
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Asian Stocks Gain
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Global stocks and the dollar slipped on Thursday as investors sized up a benign U.S. inflation report and the fragile trade truce between Washington and Beijing, while rising tensions in the Middle East and lingering tariff anxiety dented risk sentiment.
The premium that Chinese stocks command over their Hong Kong-traded peers has narrowed to a five-year low, suggesting that some investors may look to snap up onshore stocks that have become cheaper.
Stocks were particularly volatile during a one-week stretch from April 2 through 9. The widely followed S&P 500 endured its fifth-largest two-day percentage decline in 75 years from the close on April 2 through 4, then delivered its largest single-day nominal point increase in its storied history on April 9.
After 24 months of blissfully easy profits in the “Magnificent 7” tech stocks, 2025 is a year of financial limbo where many investors are still dazed and confused from the beating they took during April’s panic, then failed to profit from the market’s rebound that made up the losses quickly – a classic whipsaw!
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India's rice stocks in government warehouses rose 18% from a year ago to a record high for the start of June, while wheat stocks have hit their highest level in four years on higher procurement from farmers,
NEW YORK — Wall Street’s rally stalled on Wednesday after U.S. stocks climbed back within 2% of their all-time high. The Standard & Poor’s 500 fell 0.3% for its first loss in four days. The Dow Jones Industrial Average was virtually unchanged after edging down by 1 point, and the Nasdaq composite slipped 0.5%.