Tuesday, August 5, 2025

Dow futures back up 200 points despite China retaliation; New high for Gold

Date:

US Stock Markets Live: US futures are seeing wild swings after China has announced that it will increase tariffs on US goods to 125% from April 12. China said If US Insists On Continuing To Substantially Infringe Upon China’s Rights, Interests, China Will Resolutely Counterattack And Fight To The End. In response, the Dow futures, which were up 400 points just a few minutes earlier, are now seeing wild swings between gains and losses. The S&P 500 and Nasdaq futures are also up 65 points and 250 points respectively. Watch this space for all the Live updates.US Stock Markets Live: US futures are seeing wild swings after China has announced that it will increase tariffs on US goods to 125% from April 12. China said If US Insists On Continuing To Substantially Infringe Upon China’s Rights, Interests, China Will Resolutely Counterattack And Fight To The End. In response, the Dow futures, which were up 400 points just a few minutes earlier, are now seeing wild swings between gains and losses. The S&P 500 and the Nasdaq futures are also fighting to stay above the flat line. On Wednesday, China had increased tariffs on US goods to 84%, responding to which, President Donald Trump had raised tariffs to 125%, which the White House later clarified to be 145%. After a brief cool off, Gold prices are heading back to their record high levels of $3,240, while the US 10-year yield remains at 4.42%. Watch this space for all the live updates.

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