Business & Market

High volatility in the market was driven by headlines from Washington and rising bond yields.

Rates on the benchmark 30-year fixed mortgage have climbed above 7 percent amid tariff and bond market turbulence.

The Trump administration is prioritizing oil production, with the Maritime Administration approving a deepwater port that can export 2 million barrels daily.

The Biden-era rule would have drastically expanded tax reporting requirements for digital asset transactions.

Prices could hit $4,000 by the end of this year, an investment expert said.

A day earlier, all three indexes posted significant gains, with the Dow Jones increasing by nearly 3,000 points.

Indices from Tokyo to Frankfurt all experienced rapid rises following the president’s announcement.