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Your daily horoscope: January 14, 2025

  HOROSCOPES IF TODAY IS YOUR BIRTHDAY If your current way of working does not seem to be taking you closer to your goals then ditch it completely and start over. New technologies such as artificial intelligence could help you immensely this year, IF you have the intelligence to use them wisely. ARIES (March 21 - April 20): There is a lot of pressure building up in your life at the moment but that’s okay because you thrive on being challenged. When the going gets tough Aries is the first sign to get tough in return and today will be no exception. TAURUS (April 21 - May 21): You may be in two minds about what direction you should be taking but what occurs over the next 24 hours will point the way and all you have to do is follow the lead that the universe gives you. Get past your doubts and get moving. GEMINI (May 22 - June 21): If you start something new today it will take up a lot more time and energy than you expected, so think about it carefully and make sure you will be able to...
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Tech Stocks Slide Amid China Export Curbs and Trump’s Taiwan Stance

                                              

In today’s stock market, US equities faced a sharp pullback from recent record highs. The tech sector, in particular, grappled with dual pressures. Here’s a summary of the key developments:

  1. China Export Curbs: Concerns over US export restrictions on China weighed heavily on tech stocks. The Biden administration is reportedly considering tougher measures against companies providing advanced chip technology to China, despite existing export limits. Chipmaker Nvidia saw pre-market declines of over 4%.

  2. Trump’s Taiwan Remarks: In a Bloomberg interview, presidential candidate Donald Trump questioned US defense support for Taiwan, suggesting that the island—claimed by China—should bear the cost of US protection. This geopolitical tension added to the market unease.

  3. Market Reaction: Nasdaq 100 futures (NQ=F) led the decline, down 1.4%, while S&P 500 futures (ES=F) sank 1%. Dow Jones Industrial Average futures (YM=F) slid 0.3% after Tuesday’s surge to an all-time high.

  4. Corporate Earnings: Johnson & Johnson (JNJ), United Airlines (UAL), and Discover (DFS) are among the companies reporting earnings today. Positive results across various sectors could potentially shift sentiment.

  5. Fed Beige Book: Investors are closely watching the Federal Reserve Beige Book release for insights into the likelihood of a second rate cut in 2024.

While tech stocks face headwinds, the broader market remains dynamic. Stay tuned for further updates as the day unfolds! 


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