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Stocks, dollar mixed tracking Fed, tariffs, results
Stocks, dollar mixed tracking Fed, tariffs, results
Business and Economy
by  AFP

Major stock markets and the dollar traded mixed Thursday as traders weighed a cautious Federal Reserve, strong tech earnings and new US tariffs. "US markets are expected to enjoy a buoyant open thanks in no small part to the bumper earnings seen from Meta and Microsoft," noted Joshua Mahony, chief market analyst at trading group Rostro.

BMW says can weather tariff storm despite profit plunge
BMW says can weather tariff storm despite profit plunge
Business and Economy
by  AFP

German carmaker BMW stuck to its 2025 targets Thursday despite quarterly profits tumbling a third due partly to US tariffs, insisting its large American operations meant it could weather the storm. "The large plant in (the United States) and the SUVs produced there have helped to make the slump more manageable and BMW was able to sell more cars in the United States despite the tariffs," he said.