Stocks Fall On Tariffs Fears, Dollar Hits 6-Month Peak, Yen Tumbles: What's Driving Markets Tuesday?

Quick Summary:

Wall Street saw the first surge in risk aversion after Donald Trump's election victory last week, as concerns grew over potential tariffs and trade policy shifts spurred by the incoming administration's key appointments.

Trump is reportedly considering Sen.Marco Rubio (R-Fla.) for secretary of state and Rep.Mike Waltz (R-Fla.) for national security advisor.

Both are vocal hawks on China and NATO, raising concerns of a tougher U.S.stance that could strain key geopolitical and trade relationships.

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Author / Journalist: Piero Cingari

Category: Technology

Markets: United StatesChinaJapan

Topics: $BTC SPY Top Stories OXY Politics Asia US9024941034 US4642876555 US81369Y1001 US6745991058 FLUT IWM US4370761029 Cryptocurrency QQQ XLB Stories That Matter CAVA SPOT XLP Midday update Econ #s NTRA ETFs SHOP US78467X1090 Broad U.S. Equity ETFs Large Cap Benzinga Commodities US81369Y3080 Government Global HD US5380341090 Economics US81369Y6059 US4642874329 US78462F1030 LYV XLK Pro Project Tech TSN US73935A1043 XLF DIA TLT US81369Y8030

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 17:43:21 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 435 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 20 words per sentence (average)

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Copyright Owner: © Benzinga

News ID: 23557524

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