Stock market information on the Nasdaq Market Place in New York, USA on Wednesday, July 9, 2025.
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Even though our tariffs have come into effect, the market still has this kind of love. President Donald Trump’s “reciprocity” tariffs reached dozens of countries on Thursday, with unnamed countries levied a baseline tax of 10%.
Thursday marked the culmination of many deadlines the world faced as it rode along a roller coaster of Trump’s tariff strategy. Despite this deadline being enforced, the tariffs are not really set on the stone. Of course, negotiations will continue to happen and countries can see some probation.
Remember that Trump imposed tariffs on the “Liberation Day” of “Liberation Day” after all the feasts and ceremonies in the Rose Garden and pushed the July 9 deadline to August 1, then extended to August 7. Steep tariffs announced in China have been put on hold, and the August 12 deadline is expected to be postponed.
So while these may be the highest tariffs the world has seen since the Smoot-Hawley performance in the 1930s, are they staying here?
Now, if you forgive me, the taco shop downstairs may be opening.
— Lim Hui Jie
What you need to know today
A complete list of US global tariffs. After months of threats, deals and posts about the Truth Society, dozens of key U.S. trading partners were hit by “reciprocal” tariffs on Thursday for their exports to the country. The United States also said that List of countries hereall other exports to the United States will face a 10% tariff rate.
The market is mixed. this Dow Jones Industrial Average Reward earnings and closed Thursday as investors made some profits at the turbulent meeting. In contrast, the technology is heavy Nasdaq Composite Materials Advanced and S&P 500 Slightly down. In Asia, the revenue is led by Topix in Japan, The first time it crossed 3,000 thresholds.
SoftBank records very high. Shares SoftBank Group Friday surged more than 13% New recordFollowing the company’s higher-than-expected fiscal first-quarter profit. The stock expanded to its fourth meeting and was the best day in the five-year period.
OpenAI launches the new GPT-5 model. Openai Thursday Announcement of GPT-5the latest, most advanced large-scale AI Model. The company is offering GPT-5 to everyone, including free users. Openai said the model is smarter, faster and “more useful”, especially in areas such as writing, coding and healthcare.
(Pro) China trade negotiations to make air transport
Uncertainty over the Trump administration is engaging in ongoing trade talks with China Air transport When traders try to bring their goods to the United States by the August 12 deadline.
at last…
Tokyo, Japan – September 3: Zombies premiere of “Resident Evil: Retribution” held on September 3, 2012 at Roppongi Hills, Tokyo, Japan.
Adam Beautiful | Getty Images Entertainment | Getty Images
Private equity investors want their money back – but it’s tied to “zombie funds”
Private equity firms are Try to sell your own company – That is to lock investors’ funds into the elderly funds, and there is no obvious exit.
After years of booming trading activity following the 2007-2009 global financial crisis, the PE industry is now in a holding mode. Managers sit among the growing number of unsold companies, with export delays.
– Lee Ying Shan
