May 15th, 2025
Create an account or log in to unlock unlimited access!
Shares in Asia were different today.
The US and China will make taxes lower on things they sell to each other. They will talk more first.
The result was good. Investors felt safe, Stephen Innes said.
He said the meeting was planned. It looked good. It shows the government knows high taxes are bad for the economy.
But there are still big problems when China and the USA talk. Many countries in Asia still need to make their own deals to pay less tax on things they buy and sell.
Beijing is still angry about the trade war. The leader of China said a trade war is bad and makes a country alone.
Tokyo's Nikkei went up 1.6%. Cars companies did well. Toyota went up 3.7%. Suzuki went up 4.3%.
Nissan's price went up. The company will have fewer workers.
The Kospi in South Korea did not change much. It was 2,606.46.
Hong Kong stocks went down today. People sold many technology shares.
Stocks in Shanghai went up a little, and stocks in Taiwan went up a lot.
Stocks in Australia went up a little.
On Monday, two big countries said they would make taxes lower on things they buy and sell.
The stock market went up a lot. It was almost at its highest point. Then it went down a lot. But it went up again. People think the president will make taxes on things from other countries smaller.
Stock prices are higher now than on April 2. The president talked about new taxes on things from other countries on that day.
Stock markets went up a lot.
Oil prices went down after they went up on Monday.
The U.S. dollar was strong on Monday. It was stronger than the euro and the yen. On Tuesday, one dollar was 147.98 yen. This was less than on Monday. But the dollar was stronger than the euro on Tuesday.
The U.S. and China stopped talking for a while. This happened after the U.S. and the U.K. made an agreement last week. The agreement will make things from the U.K. cost less money, but it will take many weeks to start.
News this week will tell us about the economy and how people feel about money.
Many shops were happy because they sell things from China and Asia. Best Buy went up 6.6%, and Amazon went up 8.1%.
Small companies in the U.S. did well. They need a strong U.S. economy. An index of these companies went up a lot.
Companies that make clothes and buy from China also did well. Lululemon went up 8.7% and Nike went up 7.3%.
May 15th, 2025
Good news: People in US feel better about the economy
US and Europe: A Trade Fight. What Does the US Want? What Can Europe Give?
Salesforce Buys Informatica for $8 Billion
China's Economy Slows: European Companies Reduce Spending
Walmart: Prices Go Up Because of New Taxes
Starbucks Workers Stop Work: New Clothes Not OK
Japan's Economy: Sales Go Down, Worry Grows
Stocks go up after Fed talks about risks
Trump Talks Trade, Tariffs Confusing
Create an account or log in to continue reading and join the Lingo Times community!