Stocks trim losses as Bessent says 'detox' doesn't mean recession
Thursday is shaping up to be another volatile day for U.S. stocks. The Nasdaq Composite has already swung by more than 1 percentage point from its daily lows to its daily highs as the market trimmed its losses following the latest comments from Treasury Secretary Scott Bessent.
More now from President Trump's latest social media post, where he threatens a 200% tariff on EU alcohol. Trump says if a 50% ...
Cryptopolitan on MSN7h
Scott Bessent says the White House doesn’t care about stock market volatilityTreasury Secretary Scott Bessent made it clear on Thursday that the Trump administration isn’t concerned about stock market ...
Mediaite on MSN8h
‘It’s Just the Not Knowing!’ CNBC Hosts Pushes Back on Trump Treasury Sec Saying New Tariff Threats ‘Not a Big Deal’I think that the big deal for the market is just the not knowing what's next and what the target is necessarily going to be, and also not knowing where this stops" ...
8hon MSN
Treasury Secretary Bessent did not answer when CNBC asked if Trump’s announcement was “premeditated,” or whether the Cabinet secretary knew about it in advance.
Stock markets have taken a dive as Trump continues implementing a sweeping tariff agenda, including new 25% duties on steel and aluminum.
Trump threatens 200% tariff on French wine and other alcohol from Europe in latest trade war escalation - Trump’s proposed ...
Treasury Secretary Scott Bessent on Thursday also reiterated the administration's position that it's willing to tolerate ...
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