Treasury yields fell as Trump paused tariffs for 90 days. The 10-year dropped to 4.312% and the 2-year to 3.879%, calming markets after a volatile bond sell-off.
Amazon CEO Andy Jassy says big AI spending is key to staying competitive, as AI will transform all customer experiences and improve lives daily.
TSMC reported Q1 revenue of $25.55B, exceeding forecasts, driven by strong AI demand. The company supplies major firms like Apple and Nvidia.
Alphabet says it's still set to spend $75B on data centers in 2025, aiming to support AI growth despite investor concerns and market turmoil from U.S. tariffs.
U.S. mortgage rates dropped to 6.61%, the lowest since October, boosting applications by 20% despite global stock declines following Trump's new tariffs.
China will raise tariffs on U.S. goods to 84% in retaliation to new U.S. tariffs. This worsens U.S.-China trade relations as tensions escalate.
Euro zone growth could drop more than expected due to U.S. tariffs, possibly leading to stagnation and lowering inflation.
The Reserve Bank of India cut its key repo rate again and signaled room for more cuts to boost the economy amid the impact of new U.S. tariffs.
Bank of Japan Governor Ueda said the bank will raise interest rates if the economy recovers, but will monitor risks, especially trade policy uncertainties.
Asia's stock indexes dropped after Trump's 104% tariffs on China hit, and a Treasury selloff raised fears of foreign funds leaving U.S. assets. The yuan weakened further.
The EU approved retaliatory tariffs on U.S. goods starting April 15, targeting products like poultry, grains, and metals, in response to U.S. steel and aluminum duties.
Republican senators are voicing concerns over Trump's tariff strategy, citing economic struggles for manufacturers, farmers, and U.S. households.
Barclays is dropping its diversity and inclusivity targets in the U.S., following opposition from President Trump, but will continue such goals globally.
Euronext CEO Stephane Boujnah says the U.S. is becoming more like an emerging market, with volatility and uncertainty growing amid new tariffs and shifting values.
Taiwan activated its $15B stock stabilization fund after sharp market drops caused by U.S. tariffs, including a 32% tariff on Taiwan's exports announced by Trump.
Hong Kong criticized U.S. tariffs as disruptive and pledged to sign more free trade pacts, while avoiding retaliatory tariffs on the U.S. for now.
Vietnam plans to buy more U.S. goods, including defense products, and seeks a 45-day delay on U.S. tariffs, while also requesting faster plane deliveries.
Boeing settled with families of two victims from the 2019 Ethiopian Airlines 737 MAX crash just before trial, with terms undisclosed.
Elon Musk called for a "zero tariff" trade deal between the U.S. and Europe, opposing Trump's new tariffs, and advocating for a free trade zone.
Trump's new tariffs raise construction costs, but exempt key materials like lumber and copper. Chinese imports face a 34% levy, while EU goods are taxed at 20%.
Markets and Trump pressure the Fed for a rate cut, with traders betting on five cuts this year, starting in May. Trump urges the Fed to act faster.
Oil prices dropped nearly 3% after an 11% fall last week, amid trade war fears. Saudi Arabia cut export prices for May, following an OPEC+ output increase.
Japan's Nikkei dropped 7.8% to 31,136.58, hitting a 1.5-year low, with bank stocks plummeting 17% amid global recession fears from rising tariffs.
Thousands protested across the U.S. on Saturday, with over 20,000 rallying at the National Mall against Trump and Elon Musk's push to expand presidential power.