U.S. stocks soared Thursday as the S&P 500 and Nasdaq reached record highs following a positive jobs report. With nonfarm payrolls exceeding expectations, optimism about the economy strengthens despite trade uncertainties.
In a prestigious gathering in Saudi Arabia, over 30 business leaders joined President Trump for lunch, discussing investments and corporate strategies amidst trade uncertainties. Key players like Elon Musk and Boeing's CEO were present.
U.S. Treasury yields fell sharply after President Trump announced a 90-day tariff reprieve on most countries, calming bond market volatility. Analysts warn of ongoing trade uncertainty despite temporary relief.
In a shocking turn of events, Samsung Electronics co-CEO Han Jong-hee has died of a heart attack, leaving Jun Young-hyun to lead the tech giant amid challenges in its chip business and trade uncertainties. Analysts predict long-term impacts on Samsung's strategy.
