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Copper futures (HG1:COM) extended their rally on Thursday, rising around 2% as traders reacted to U.S. President Donald Trump’s announcement of a 50% tariff on imported copper, set to take effect on August 1.
Copper futures surged on the news, market the largest single-day dollar and percentage gain on record, according to Dow Jones Market Data.
The global trade war continues as Trump announces a 35% tariff on Canadian goods starting August 1. Gold prices rose amid trade uncertainties, with experts recommending investments in gold and silver despite a strong US dollar limiting gains.
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Irish Star on MSNMelania Trump posts bracelet pics and tear-jerking message for tragic Camp Mystic girlsThe Trumps held a closed-door discussion with the victims' families at the expo hall. Melania was given the bracelet "in honor of all the little girls" at Camp Mystic, a conservative Christian camp for girls, where 27 campers and counsellors were killed after being trapped in flood waters.
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Barchart on MSNCrude Prices Jump on Speculation President Trump Will Sanction Russian Energy ExportsWTI crude oil (CLQ25) today is up +1.76 (+2.64%), and August RBOB gasoline (RBQ25) is up +0.0270 (+1.25%). Crude oil and gasoline prices today are sharply higher on speculation that President Trump on Monday might announce sanctions on Russian energy exports.
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Stocktwits on MSNMSTR, Riot, Coinbase Jump After Bitcoin Tops $118,000 Despite Broader Market Weakness On Trump’s Trade WarCrypto-linked stocks surged in pre-market trade on Friday after Bitcoin’s (BTC) price rocketed past $118,000, even as the broader equities market was in the red. The SPDR S&P (SPY) 500 fell as much as 0.
Laura Loomer comments came hours after Elon Musk, the former presidential advisor and tech magnate, officially announced the launch of his political party, just one day after President Donald Trump signed the sweeping “Big,
WTI crude oil (CLQ25) on Friday closed up +1.88 (+2.82%), and August RBOB gasoline (RBQ25) closed up +0.0346 (+1.61%). Crude oil prices rallied on speculation that President Trump on Monday might announce sanctions on Russian energy exports.
Donald Trump's approval rating fades after "big, beautiful bill" Ukraine-Russia war latest: Trump ‘flat-footed’ by Pentagon’s weapons halt to Kyiv as he pledges more arms