A bullish signal just flashed amid the stock market chaos
A technical analyst said the turnaround in stocks on Monday could make for a bullish signal known as a "double bottom."
A technical analyst said the turnaround in stocks on Monday could make for a bullish signal known as a "double bottom."
NEW YORK/LONDON (Reuters) -Global shares edged higher in choppy trading on Tuesday, while safe-haven gold soared to a record peak as markets awaited details of U.S. President Donald Trump's tariff plans. Investors are bracing for Trump's so-called Liberation Day on Wednesday, when he has promised to unveil a massive reciprocal tariff plan. White House spokeswoman Karoline Leavitt said reciprocal tariffs on countries that impose duties on U.S. goods would take effect immediately after Trump announces them, while a 25% tariff on auto imports will take effect on Thursday.
Moderna shares may remain under the microscope on Tuesday after sinking to a five-year low following news that the Food and Drug Administration’s top vaccine official has resigned. Watch these key price levels on the weekly chart.
Newsmax saw its valuation soar to about $8 billion, double that of Trump Media & Technology Company, and about a third of Fox Corp's valuation.
Elon Musk clarified that the U.S. government has no intention of adopting Dogecoin, despite rumors sparked by the creation of the Department of Government Efficiency (DOGE).
NFT marketplace X2Y2 will shut down its trading platform on April 30 after three years of operation.
Coinbase users have reportedly lost over $46 million to phishing scams in March 2025.
Hedge funds have shed technology stocks at the fastest pace in six months, according to data from Goldman Sachs.
Oil prices edged lower on Tuesday as traders braced for reciprocal tariffs that U.S. President Donald Trump is due to announce on Wednesday, which could intensify a global trade war. However, Trump's threats to impose secondary tariffs on Russian oil and to attack Iran fueled supply worries, limiting losses. The White House provided no details about the size and scope of tariffs that it confirmed Trump will impose on Wednesday.
Bitcoin has dropped to $82,100, Ethereum to $1,790, and XRP to $2.13, extending losses alongside U.S. stock futures as investors react to rising trade tensions and inflation concerns.