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(Bloomberg) -- Gold headed for a third weekly gain as concerns about the potential impacts of US President Donald Trump’s tariffs fuel demand for haven assets. Most Read from BloombergNew York Subway Ditches MetroCard After 32 Years for Tap-And-GoLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleAmtrak CEO Departs Amid Threats of a Transit Funding PullbackNYC Plans for Flood Protection Without Federal FundsBullion trade

The U.S.-listed shares of Chinese electric vehicle maker Nio fell Friday morning after its fourth-quarter sales fell short of analysts' expectations.

News of the day for March 21, 2025

Shares of Lennar are tumbling Friday, as the home builder’s warning of a weak housing market offset better-than-estimated quarterly results.

The Bank of England kept rates steady at 4.5% on Thursday, as inflation remains sticky and global uncertainty ratchets up.View on euronews

It's Friday, so today I'll provide a quick overview of what's happening in global markets and then offer you some weekend reading suggestions away from the headlines. * Britain's Heathrow Airport was shut on Friday after a huge fire at a nearby electrical substation knocked out its power, disrupting flight schedules around the world. * President Donald Trump said on Thursday the United States will sign a minerals and natural resources deal with Ukraine shortly and that his efforts to achieve a peace deal for the country were going "pretty well" after his talks this week with the Russian and Ukrainian leaders.

(Bloomberg) -- Investors are dismissing the risks that a full-fledged trade war would pose to stocks as “monster” flows of capital keep pouring into global equity markets, Bank of America Corp.’s Michael Hartnett said.Most Read from BloombergNew York Subway Ditches MetroCard After 32 Years for Tap-And-GoLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleAmtrak CEO Departs Amid Threats of a Transit Funding PullbackNYC Pla

(Bloomberg) -- The financial industry is abandoning caution and chasing the rally in European stocks, hiking their targets and looking to the upside.Most Read from BloombergNew York Subway Ditches MetroCard After 32 Years for Tap-And-GoLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleAmtrak CEO Departs Amid Threats of a Transit Funding PullbackNYC Plans for Flood Protection Without Federal FundsNearly half of the strat

The S&P and Dow eked out slight gains on Friday, erasing earlier losses after comments from U.S. President Donald Trump provided hope that previously announced tariffs expected to begin in early April may not be as burdensome as feared. Trump said there will be flexibility on tariffs and that his top trade chief plans to speak with his Chinese counterpart next week. Markets have been under pressure in recent weeks as changing announcements about the timing and size of tariffs have clouded the outlook for corporate profits as well as the Federal Reserve's monetary policy path.

The benchmark index was clawing back after it marked a correction last week by ending down over 10% from its February record high. The Dow Jones Transportation Average was little changed for the week, but the 20-stock index has been pummeled recently. "The transports are an important tell on future economic activity," said Chuck Carlson, chief executive officer of Horizon Investment Services.