Reported 18 days ago
Asian shares fell after Donald Trump's presidential win and as the Federal Reserve announced another interest rate cut to stimulate the economy. The S&P 500 saw a rise of 0.7% while the Dow remained unchanged, and the Nasdaq composite improved by 1.5%. Concerns about potential inflation due to Trump's proposed tariffs stirred uncertainty among investors, leading to varied reactions in the markets, particularly affecting smaller U.S. stocks and stocks in Asia amidst fears of renewed trade tensions.
Source: YAHOO