It's been another day of pain in Asia with the Nikkei down 3% and a stomach-churning 9.6% for the week, the biggest drop since the pandemic hit in March 2020. Wall St futures started steady but have since slipped around 0.7% while European stock futures are off 0.3% to 0.6%.
Goldman cuts oil price forecasts amid tariff fears, higher OPEC+ supply
"The risks to our reduced oil price forecast are to the downside, especially for 2026, given growing risks of recession and to a lesser extent of higher OPEC+ supply," Goldman analysts said in a note. Brent crude was priced at $69.59 a barrel as of 0408 GMT on Friday, while WTI was at $66.39.
Watch These Nike Price Levels as Stock Plunges to 7-Year Low on Tariff Worries
Nike shares plunged Thursday amid concerns the Trump administration’s recently announced reciprocal tariffs could weigh on the company's profits. Monitor these key levels on the monthly chart.
Stocks are cratering after tariffs. Here's what's next for markets.
Stocks plummeted Thursday in reaction to a widening global trade war. With few parallels in history, markets are wondering where things go from here.
OnlyFans founder and a crypto foundation launch a ‘David vs. Goliath’ bid to buy TikTok
The intent to bid was made by Zoop, another social media platform from the adult-content platform founder.
UAE-based Crypto Firm CLS Global Fined $428,000 for Wash Trading Scheme in U.S. Markets
CLS Global, a UAE-based financial services firm, has been fined $428,059 after admitting to wash trading in U.S. cryptocurrency markets.
Trump's New Tariffs Shake Global Markets, Bitcoin and Solana See Major Declines
President Donald Trump’s recent announcement of new tariffs has sent ripples through global markets, affecting everything from traditional stocks to digital assets.
Oil prices are crashing after tariffs and OPEC deliver a double whammy to energy markets
As President Donald Trump's latest tariffs weigh on growth outlooks, OPEC+ members unveiled plans for an output boost that outpaced expectations.
S&P 500 loses $5 trillion in two days in Trump tariff selloff
NEW YORK (Reuters) -Global stock markets extended their recent rout on Friday, with S&P 500 companies wiping out $5 trillion in stock market value since U.S. President Donald Trump unveiled sweeping tariffs on Wednesday, while investors fled to the safety of government bonds. The Nasdaq confirmed it was in a bear market, ending more than 20% below its record high close, while oil prices and other commodities plunged. That $5-trillion loss marked a record two-day decline for the S&P 500 benchmark, exceeding a two-day loss of $3.3 trillion in March 2020 when the pandemic ripped across global markets, according to LSEG data compiled by Reuters.
BlackRock’s Bitcoin ETF is driving retail adoption — but is that enough?
BlackRock’s Bitcoin ETF is helping retail investors enter crypto — but true adoption still needs more than just buying and holding.