Lates News

The US stock market opened with the Dow Jones falling 300 points, the S&P 500 index dropping 0.4%, and the Nasdaq falling 0.39%. Trump called for a cap on credit card interest rates to be set at 10%, leading to bank stocks falling with JPMorgan Chase (JPM.N) dropping 2.2% and Citigroup (C.N) falling 2.9%. The Nasdaq China Golden Dragon Index rose by 1.6%, with Kingsoft Cloud (KC.O) up by 16% and Alibaba (BABA.N) up by 4.9%.