Chinese shares closed lower amid cautious sentiment after Trump pledged an additional tariff on Chinese imports. "Sentiment will be negatively impacted on Chinese risk assets especially in those markets with heavier foreign investor participation,

Asian shares have mostly declined as worries spread over President-elect Donald Trump's comment that he plans to impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office

Markets are likely to remain pressured as traders reassess their positions after President-elect Donald Trump announced he would impose trade levies on Mexico, Canada, and increase tariffs on China.

U.S. stocks rose Monday, with those benefiting the most from lower interest rates and a stronger economy leading the way. The S&P 500 climbed 0.3% to pull closer to its all-time high set two weeks ago.

Stocks rose at the opening bell Monday, with investors attributing gains to relief over Donald Trump's selection of hedge-fund manager Scott Bessent to serve as Treasury secretary. "Risk on as markets see bonds rally,

By Nell Mackenzie and Tom Westbrook LONDON/SINGAPORE (Reuters) -World markets cheered the selection of fund manager Scott Bessent as U.S. Treasury Secretary on Monday on hopes he might restrain debt levels,

The stock market reacted positively to President-elect Donald Trump's pick for Treasury secretary, hedge fund CEO Scott Bessent. CBS MoneyWatch correspondent Kelly O'Grady has more.