Reported 2 days ago
Despite positive market reactions to the new trade agreement between the U.S. and Japan, businesses across various sectors, including chips and steel, are reporting disappointing results. Companies like Texas Instruments and SSAB highlight the adverse effects of U.S. trade policies, including tariffs and supply chain disruptions, leading to significant profit losses. Investors are wary as they await earnings reports from major firms, amid continued uncertainties surrounding international trade relations and potential tariff increases affecting other economies.
Source: YAHOO