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The White House announced recently exemptions for smartphones and computers from new tariffs
Trump is considering changes to the 25 percent tariffs on foreign auto imports from various regions
In Dubai, gold rates achieved remarkable gains, with 24-carat gold rising by AED0.5 to AED389
The U.S. dollar index fell 0.49 percent to 99.61, reversing earlier gains
Goldman Sachs expected oil prices to decline through 2026
Goldman Sachs hiked 2025 gold price target to $3,700/oz
Nvidia declined 5.91 percent, Apple fell 4.24 percent to $190.42, and Microsoft dipped 2.34 percent to $381.35
Brent is set to fall 4 percent this week, while WTI is set to decline 3.8 percent
Earlier in the session, Bullion scaled an all-time high of $3,219.73, gaining over 5 percent this week
Sheikh Hamdan expressed hope for greater cooperation between the Bombay Stock Exchange and Dubai Financial Market
Tech stocks also witnessed a major increase, with Nvidia shares gaining 18.72 percent and Tesla rising 22.69 percent
Following the tariff pause for most countries, oil prices settled 4 percent higher on Wednesday
Gold has increased by more than 18 percent in 2025, driven largely by Trump's tariff plans
The new issue is structured efficiently with PIF support from prepaid forward share purchase
Trump signed an executive order raising tariffs on China by 50 percent, escalating tensions significantly
Since Trump's tariff announcement, S&P 500 companies have lost $5.8 trillion in market value
White House's 104 percent tariffs on China spiked the VIX, causing sharp declines in major indices
The Saudi TASI index rose by 1.8 percent at the start of trading
Markets worry Trump's tariffs will hinder global economic growth and negatively impact oil demand
Bullion prices slipped by as much as 2.7 percent before paring some losses on Monday
Bitcoin is expected to continue moving similar to equities as global recession fears overshadow any crypto regulatory tailwinds
The exchange rate closed at EGP51.19 to $1, up from EGP50.66
S&P 500 futures fell 3.5 percent, Nasdaq futures dropped 4.4 percent, increasing total market losses to $6 trillion
Market sell-off continued as investors sold bullion to cover losses amid recession fears from trade war
