Global stocks saw a dip on Friday. Concerns over AI’s impact and high tech valuations weighed on markets. Meanwhile, rising US-Iran tensions pushed oil prices higher. Sterling also experienced a fall following a Labour election defeat. Investors are closely watching these developments.
New era of trade volatility: What the court’s decision and Trump’s tariff pivot mean for commodities
The U.S. Supreme Court blocked Donald Trump’s sweeping tariffs under IEEPA, but his swift 15% global levy revived uncertainty. The ruling jolted global trade dynamics,