Interstellar Capital

2025/05/28

Wall St on track for muted open after sharp rally, focus on Nvidia earnings

Wall Street was set for a subdued open on Wednesday after a sharp rally in the previous session, when cooling trade tensions boosted sentiment, as investors awaited AI leader Nvidia's results and minutes from the U.S. central bank's last meeting.

More⋯

2025/05/27

Wall St set to open sharply higher after long weekend on Trump's trade reprieve

Wall Street was poised for a strong open on Tuesday after U.S. President Donald Trump dialed back his threat of tariffs on EU imports, defusing trade tensions between the United States and the European bloc and boosting investor confidence.

More⋯

2025/05/23

Trump's tariffs hit European luxury industry, shares tank

European luxury shares tanked on Friday as U.S. President Donald Trump said he is recommending a straight 50% tariff on goods from the European Union starting on June 1.

More⋯

2025/05/22

Wall St set for lower open after Trump's tax bill narrowly clears House test

Wall Street's main indexes were on track for a lower open on Thursday after the U.S. House of Representatives passed President Donald Trump's tax bill, which is expected to burden the country with trillions in debt, by a razor-thin margin.

More⋯

2025/05/21

Morning Bid: Bad week for bonds

* President Donald Trump's tax cut and spending bill faces a critical stress test on Wednesday as Republicans try to overcome internal divisions about cuts to the Medicaid health program and tax breaks in high-cost coastal states.

More⋯

2025/05/20

S&P 500 set to snap six-day winning streak, Fed commentary in focus

Wall Street's main indexes fell on Tuesday, with the benchmark S&P 500 on track to end its six-day winning streak as investors awaited commentary from central bank officials to gauge the impact of U.S. tariffs on the Federal Reserve's policy path.

More⋯

2025/05/19

Treasury yields rise; stocks, dollar retreat after US downgrade

Treasury yields rose and U.S. stock futures slipped with the dollar on Monday due to concerns about U.S. debt and rising deficits after Moody's downgraded its sovereign credit rating late on Friday.

More⋯

2025/05/16

Morning Bid: Trade and inflation relief

Wall Street stocks look set to sustain this week's gains, fueled by trade de-escalation hopes and soft April inflation readings. But investors will no doubt be conscious of the still-febrile state of the economy and policymaking.

More⋯

2025/05/15

Institutional investors juggle bitcoin ETF holdings, US filings show

A number of high-profile asset managers cut their stakes in spot bitcoin exchange-traded funds amid a 12% drop in the cryptocurrency's price in the first quarter of 2025, according to recent regulatory filings.

More⋯

2025/05/14

'Magnificent 7' ride back into town

What matters in U.S. and global markets today by Amanda Cooper. The stock market is a little on the weaker side today, with U.S. futures mostly steady, as investors take a breather from this week's blistering rally. Global trade tensions might finally be easing, money is flowing back into the glittering AI sector and the prospect of potentially bullish Federal Reserve rate cuts is back on the table.

More⋯

2025/05/13

Safe haven concerns mount as US Treasuries face twin recession and inflation risks

Concerns for the safe haven status of U.S. Treasuries are rising with benchmark 10-year yields expected to drift sideways over the coming year, pinned between trade war-driven recession and inflation, according to a Reuters poll of bond strategists.

More⋯

2025/05/12

Dollar surges after China-US truce improves growth outlook

May 12 - The dollar surged on Monday as the United States and China struck a truce to reduce reciprocal tariffs temporarily, easing fears of carnage from a trade war between the world's two biggest economies.

More⋯

2025/05/09

Trade hopes feed risk appetite, boosting stocks and bitcoin

World stocks hovered near their highest levels in six weeks on Friday after a U.S. trade deal with Britain fueled guarded optimism for progress in tariff talks with other countries.

More⋯

2025/05/08

Pound boosted by surprise BoE vote, with Trump trade deal in focus

The pound received a lift on Thursday from a surprising split in votes on interest rates at the Bank of England while shares in UK companies rallied after U.S. President Donald Trump said he had struck a "full and comprehensive" trade deal with Britain.

More⋯

2025/05/07

US, China to hold ice-breaker trade talks in Geneva on Saturday

U.S. Treasury Secretary Scott Bessent and chief trade negotiator Jamieson Greer will meet China's economic tsar He Lifeng in Switzerland this weekend for talks that could be the first step toward resolving a trade war disrupting the global economy.

More⋯

2025/05/06

Safe-haven demand lifts gold to 2-week peak, focus on Fed meet

Gold prices rose to a two-week high on Tuesday, as tariff threats from U.S. President Donald Trump lifted demand for the safe-haven metal, while the Federal Reserve's policy decision this week was also in focus.

More⋯

2025/05/05

Berkshire shares fall as Buffett, CEO for 60 years, names Abel successor

Berkshire Hathaway shares fell 2.8% before the bell on Monday after famed investor Warren Buffett decided to step down from his 60-year role as CEO of the $1.16 trillion conglomerate, handing over the reins to Vice Chairman Greg Abel.

More⋯

2025/05/02

Trading Day: Resilience trumps uncertainty

One of the biggest surprises in a week overflowing with them - from top-tier economic indicators, to company earnings and policy decisions from around the world - was how steadfast financial markets were.

More⋯

2025/05/01

Gold hits two-week low as easing trade tensions boost risk appetite

Gold fell nearly 2% to a two-week low on Thursday as signs of easing trade tensions boosted risk appetite and reduced bullion's safe-haven appeal, while a stronger U.S. dollar also weighed on prices.

More⋯

2025/04/30

US shares set to open lower after GDP data, oil slides

U.S. share futures dropped and bond yields rose on Wednesday after data showed the U.S. economy contracted in the first quarter, underscoring the disruptive nature of President Donald Trump's often chaotic tariff policy.

More⋯