US stocks face losses as sentiment remains fragile. Palantir and Ford stocks drop on disappointing results and tariff warnings. DoorDash also falls after its Deliveroo acquisition and revenue miss. A nine-day S&P 500 rally ends. Uncertainty grows with HKMA shifting assets, Germany's political delays, and potential new US pharma tariffs. Gold rises as the dollar weakens, nearing key resistance. Markets grapple with tariff developments and await further news on trade deals and US data releases.
06-05-2025 12:49 GMT
by Zain Vawda