Can India navigate US-China trade tensions to boost green economy growth?
India is treading a fine line between China and the United States as it races to grow its green economy, with analysts warning that its reliance on Chinese inputs and shifting global trade rules could complicate its efforts to become a cleantech hub.
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While recent US tariff moves may offer short-term gains for Indian exporters,
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Read MoreChina avoiding ‘disruptive’ de-dollarisation despite US trade war, report says
China has done little to de-dollarise its economy despite a push to resist Washington in a tumultuous trade war, and as an exporting nation, it is unlikely to back away from American currency holdings in the short term, according to an Oxford Economics report.
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Most available data delinks China from recent “volatility” in US bond markets,
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Read MoreTesla Stock Is Falling Today — Is This a Buying Opportunity?
Tesla (TSLA -2.35%) stock is moving lower following new European sales tracking data. The electric vehicle (EV) company’s share price was down 2.5% as of 2 p.m. ET. Meanwhile, the S&P 500 was down 0.2%, and the Nasdaq Composite was down 0.3%.
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Read MoreWall Street Fear Index Jumps as Tariff Fears Resurface
Investors were feeling on edge Tuesday as uncertainty about President Donald Trump’s trade policies looked set to drag down the blue-chip U.S. stock indexes.
The Cboe Volatility Index, a widely followed fear gauge that tracks S&P 500 options contracts and trades under the ticker VIX, climbed 4.5% to just under 25 in early trading.
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Read MoreTop Stock Movers Now: Apple, NRG Energy, Newmont, and More
Key Takeaways
- U.S. equities soared at midday following the agreement between the U.S. and China to lower tariffs for 90 days.
- NRG Energy’s first-quarter results easily topped estimates. Separately, the firm doubled its power generation capacity by purchasing key assets from LS Power for $12 billion.
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Read MoreThe Burst
Red Hot Robinhood Stocks Buffett Bets Big On
Buffett is no stranger to billion dollar bets. Despite how the market has been this year, his strategy has not changed. If anything, Buffett has been investing more aggressively by taking advantage of plummeting stock prices.
In the past, Buffett has been critical of Robinhood (HOOD),
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Read MoreThe Ivy
Market Commentary: Up 600% This Year, We Nailed It
On June 6, we featured IONQ. If you’re not familiar with it, IonQ is a quantum computing company that develops and operates trapped ion quantum computers.
The technology uses individual atoms as qubits, which are the basic units of information in a quantum computer. IonQ’s computers are designed to solve the world’s most complex problems,
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