Trump, market and tariffs
Digest more
While investors feel like they may understand Trump's negotiating tactics by now, tariffs could soon show up in earnings and economic data, Mike Wilson said.
The Dow Jones Industrial Average climbed on Thursday (July 10) as investors brushed aside concerns over new tariff announcements. The 30-stock index rose 267 points, or 0.6%, while the S&P 500 advanced 0.
There are increasing signs that the White House's moves to place higher tariffs on imports won’t translate into large price increases for consumers, San Francisco Fed President Mary Daly said on Thursday.
US stock market started the week on a weak note as Dow Jones fell 160 points after President Donald Trump announced fresh tariffs on 14 countries, including Japan, South Korea, and Bangladesh. The market dip deepened as Tesla shares plunged 7% following Elon Musks America Party announcement.
The S&P 500 and Nasdaq composite closed at record highs on Thursday, and ended the week just below those levels.
Ford Motor Company (NYSE:F) is one of the 13 stocks recently discussed by Jim Cramer. During the episode, Cramer discussed the impact of tariffs on the stock, as he said “Keep in mind, we have a big,
Global investors got a harsh reminder of the risks around trade tariffs and U.S. President Donald Trump's deal-making on Saturday after he threatened fresh tariffs on his biggest trading partners in Europe and Mexico.