Nvidia said it is planning to build AI servers worth as much as $500 billion in the U.S. over the next four years with help from partners such as TSMC, the latest American tech firm to back the Trump administration’s push for local manufacturing.
The three major U.S. stock indexes climbed, with Apple giving the S&P 500 its biggest boost as the White House exempted smartphones and computers from new tariffs, but uncertainty over future tariffs kept investors cautious.
Wild swings in global markets are poised to keep U.S. stock investors on edge in the coming week, as a weakening dollar and a selloff in Treasuries compound extreme equity volatility that erupted after President Donald Trump launched his sweeping tariffs.
U.S. President Donald Trump’s administration granted exclusions from steep reciprocal tariffs to smartphones, computers and some other electronics imported largely from China, providing a big break to tech firms like Apple that rely on imported products.
United States President Donald Trump’s official memecoin is set to unlock $321 million worth of vested tokens on April 18. 40 million Trump tokens will be released in a cliff unlock, meaning the tokens will be available all at once.
Gold blazed past the $3,200 mark on Friday, as a faltering dollar and an escalating U.S.-China trade war stirred recession fears, sending investors flocking to the safety of the yellow metal. U.S. gold futures rose 2.1%.
Gold climbed more than 3% and was poised for its best day since March 2023, supported by a decline in the dollar and safe-haven inflows amid escalating U.S.-China trade tensions after Beijing announced more levies on U.S. goods.
The Gold-Dollar pair exploded 3.6% in the last session. The MACD is giving a positive signal.
Support: 2882.7 | Resistance: 3263.4
