DailyEdge

China unveiled a series of retaliatory measures against the U.S. on Tuesday, shortly after U.S. tariffs on Chinese goods took effect, raising concerns of a broader trade war between the world’s two largest economies.

U.S. technology stocks tumbled in pre-market trading Monday after President Donald Trump imposed substantial tariffs on imports from Canada, China, and Mexico, raising concerns about potential retaliation affecting the tech sector.

Risks to the U.S. stock market are piling up as cracks emerge in the technology trade and the path for interest rates is clouded by persistent inflation worries that are being exacerbated by the potential for looming tariffs.

The release of a less capital-intensive artificial intelligence model from China’s DeepSeek sent a chill through the U.S. stock market Monday, initiating a massive selloff led by Nvidia, which roared back Tuesday, recovering almost half of its record-setting losses.

Global technology shares sank on Tuesday, as a market rout sparked by the emergence of a low-cost Chinese artificial intelligence model entered its second day, making investors question the sky-high valuation and dominance of AI bellwethers.

U.S. technology firms plunged in premarket trading, as Chinese startup DeepSeek sparked concerns over competitiveness in AI and America’s lead in the sector, triggering a global sell-off.

Stock gains could become more broad-based as global central banks cut interest rates faster than the Federal Reserve, helping growth to pick up, according to Bank of America Corporation strategists.

GE Aerospace on Thursday forecast a stronger full-year profit as demand for its high-margin parts and services got a boost from airlines flying older jets to sidestep a persistent shortage of new aircraft.

The company’s shares soared in premarket trading on Wednesday after the company reported a blockbuster holiday quarter as a robust content line-up and its entry into live sports streaming brought in a record number of new subscribers.

Global markets were volatile while the dollar rebounded on Tuesday in choppy trading as Donald Trump's returned to the White House.