Business & Market

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

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.

The price of oil has fallen over 12 percent over the course of the week since Trump announced his tariffs.