Retail earnings to put tariffs' impact in focus; Trump says semiconductor tariffs coming soon

Trade partners grow restless; retail earnings to put tariffs’ impact in focus; Trump says semiconductor tariffs coming soon

The US trade partners that believed they had worked out agreements with President Trump to avoid the harshest tariffs — such as the exemption for UK steel — are still waiting for their “deals” to be sealed, Bloomberg reports. And they’re growing impatient as the tariffs’ impact are beginning to have economic consequences. “We’re continuing…

Read More
Retail earnings to put tariffs' impact in focus; Trump says semiconductor tariffs coming soon

Retail earnings to put tariffs’ impact in focus; Trump says semiconductor tariffs coming soon

Several major retailers will report earnings in the coming week, which may give a first glimpse into how President Trump’s tariffs have affected their bottom lines. The list includes Walmart (WMT), Target (TGT), Home Depot (HD), Lowe’s Companies (LOW) TJ Maxx parent TJX Companies (TJX) and Ross Stores (ROST). During Walmart’s first-quarter earnings call, CEO…

Read More
Stock Market News for Aug 6, 2025

Stock Market News for Aug 6, 2025

U.S. stocks ended lower on Tuesday as investors weighed the impact of tariffs after a slew of companies cited higher duties in their earnings reports, and weaker-than-expected economic data dented their sentiment. All three major indexes ended in negative territory. The Dow Jones Industrial Average (DJI) declined 0.1% or 61.90 points to close at 44,111.74…

Read More
What to watch this week

What to watch this week

Stocks tumbled from record highs on Friday as data revealed the US labor market is not on as solid footing as previously thought. On the week, the S&P 500 (^GSPC) fell nearly 2.4%, while the Nasdaq Composite (^IXIC) slid 2.2% and the Dow Jones Industrial Average (^DJI) shed 1.2%. Markets will be greeted with a…

Read More