New US levies, tariffs may trigger selloff
May 26, 2025•8 min•Ep. 57
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Episode description
US stocks were down last week, with the S&P 500 dropping 2.65%. Apple faced a particularly bad week, down 7.5%. This week focus is on Nvidia, set to report quarterly results on Wednesday evening (US time). On the weekend, US threats of stiff levies on Apple foreign-made iPhones and tariffs on Europe, could lead to a selloff this week. But gold has risen 1.9% to US$3357.
Securities mentioned Apple, Nvidia, West African Resources, DroneShield, iShares Trust US Aerospace & Defense ETF
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