CNBC logo
Bloomberg logo
CNBC logo
19 articles
·6M

Wall Street Gains Amid Tariff Adjustments as Emerging Markets Weaken

Wall Street rebounds while emerging markets face currency declines and new tariffs loom, adding complexity to global economic concerns.

Subscribe to unlock this story

We really don't like cutting you off, but you've reached your monthly limit. At just $5/month, subscriptions are how we keep this project going. Start your free 7-day trial today!

Get Started

Have an account? Sign in

Overview

A summary of the key points of this story verified across multiple sources.

In a strong market rebound, Wall Street experienced significant gains, with the Dow surging nearly 600 points and the S&P 500 rising 1.8%. This optimism followed President Trump's suggestion of potential modifications to tariffs, including new 25% tariffs on countries buying Venezuelan oil and gas. Despite these positive movements, the S&P remains nearly 4% down in the past month, reflecting ongoing volatility. Meanwhile, emerging markets faced challenges, with the Indonesian rupiah hitting its lowest level since 1998, and Hong Kong's Hang Seng Index dropping over 2%, highlighting a mixed global economic landscape.

Written by AI using shared reports from
19 articles
.

Report issue

Pano Newsletter

Read both sides in 5 minutes each day

Analysis

Compare how each side frames the story — including which facts they emphasize or leave out.

  • Stocks surged Monday to kick off the trading week, with major averages up more than 1% following reports that President Trump could take a softer stance on tariffs.
  • Technicians are watching key levels to determine if the market rally is sustainable, with specific attention on the S&P 500 closing above 5,700 as a bullish indicator.
  • Overall market sentiment has improved with key technology stocks gaining after a challenging period, reflecting optimism amid potential tariff adjustments.

Articles (19)

Compare how different news outlets are covering this story.

Center (16)

FAQ

Dig deeper on this story with frequently asked questions.

No FAQs available for this story.

History

See how this story has evolved over time.

  • 6M
    CNBC logo
    1 article
  • 6M
    New York Post logo
    CNBC logo
    Epoch Times logo
    4 articles
  • 6M
    Boston Herald logo
    CNBC logo
    ABC News logo
    3 articles