The S&P 500 Index ($SPX) (SPY) is up +0.87%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.52%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.32%. December E-mini S&P futures (ESZ25) are up +0.82%, and December E-mini Nasdaq futures (NQZ25) are up +1.30%. US stocks rallied today after US and Chinese negotiators, who met over the … Read more
The dollar index (DXY00) today is slightly lower by -0.06%. The dollar is trading slightly lower due to reduced safe-haven demand on the preliminary US-China trade agreement. The dollar is also seeing some carry-over weakness from last Friday’s Sep US CPI report of +3.0% y/y for both the nominal and core figures, which was slightly … Read more
After several years of losing money on cattle, Burleen and Pete Wobeter thought this would finally be the year things turned around. Their Iowa farm also grows corn and soybeans — crops that have been hit hard by the trade war with China — but cattle had been a bright spot so far in 2025. … Read more
President Trump is on his way to Asia for a three-country trip. On Saturday, he also announced new, punishing tariffs on Canada. Willie James Inman has the details. #Trump #announces #punishing #tariffs #Canada
Ukrainian servicemen of the 22nd Brigade launch a Leleka reconnaissance UAV drone near Chasiv Yar, Donetsk region, on April 27, 2024, amid the Russian invasion of Ukraine. (Photo by Genya SAVILOV / AFP) (Photo by GENYA SAVILOV/AFP via Getty Images) AFP via Getty Images The United States military has the world’s largest military budget. Although … Read more
Last year, China’s battery industry average utilization rate cratered to just a third of maximum capacity amid severe overcapacity following years of massive investment and expansion. This put smaller manufacturers under severe pressure and fueled further industry consolidation, while also forcing producers to increasingly seek overseas markets. Luckily, these efforts appear to be paying off: … Read more
The S&P 500 Index ($SPX) (SPY) on Monday closed up +1.07%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +1.12%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.30%. December E-mini S&P futures (ESZ25) rose +1.12%, and December E-mini Nasdaq futures (NQZ25) rose +1.32%. Stock index futures rallied on Monday and added to last Friday’s gains, with … Read more