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Stock impact report

Asian markets struggle as traders weigh geopolitical tensions [Yahoo! Finance]

Piper Sandler Companies (PIPR) 
Last piper sandler companies earnings: 5/1 08:04 am Check Earnings Report
Company Research Source: Yahoo! Finance
They were also keenly awaiting the release of earnings from chip behemoth Nvidia later in the day, which many see as a bellwether of the tech sector and AI demand that have helped power markets to multiple record highs this year. Traders were treading carefully this week amid uncertainty after Trump's re-election and as he picks his cabinet, with several China hawks up for key positions fanning worries of another trade war between the economic superpowers. The tycoon has pledged to ramp up tariffs on imports, with China particularly in his sights, but observers warn that such a move -- along with planned tax cuts -- could relight still stubborn inflation. That has dampened hopes for several Federal Reserve interest rate cuts next year. Meanwhile, the war in Ukraine has burst back into the thoughts of traders as Moscow vowed to react "accordingly" after saying Kyiv had fired its first US-made long-range missile into Russian territory. Washington this week said it had cleared Show less Read more
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