Japanese Prime Minister Sanae Takaichi said her government will take necessary steps against speculative market moves, in the wake of a yen spike that heightened traders’ alert over the chance of currency intervention.
U.S. President Donald Trump said he would impose a 100% tariff on Canada if it follows through on a trade deal with China and warned Canadian Prime Minister Mark Carney that a deal would endanger his country.
The safe‑haven dollar slipped, while risk‑sensitive currencies such as the euro and sterling firmed after President Donald Trump dropped tariff threats and ruled out seizing Greenland by force, helping calm jittery markets.
Intel forecast first-quarter revenue and profit below market estimates, as it struggles to match supply to booming demand for traditional server chips used in artificial intelligence data centers. Intel shares were down 7% in after-hours trading.
Gold pushed past $4,900 per ounce for the first time, powered by ongoing geopolitical tensions, a softer U.S. dollar and expectations of Federal Reserve interest rate cuts, while silver and platinum prices hit fresh record highs.
U.S. stocks staged a sharp recovery after the steepest selloff in three months, as investors took relief from President Donald Trump signaling he would not use force in his push to acquire Greenland.
