WASHINGTON — Across-the-board 10% tariffs on nearly all imports — one-half of President Donald Trump’s “Liberation Day” tariffs — went into effect early Saturday, amid continued economic fallout from Trump’s plan. More severe tariffs on imports from several dozen countries — including a 34% tax on Chinese goods and a 20% tax on European Union…
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally had a strong week to start President Donald Trump’s return to the White House, though Friday saw tech-led losses. Many leading stocks flashed buy signals or extended runs. Magnificent Seven stocks Tesla (TSLA), Meta Platforms (META),…
Incoming President Donald Trump will give the S&P 500 an Inauguration Day present, electing to put new tariffs on hold. Instead, Trump is expected to direct federal agencies to evaluate U.S. trade policies and fix shortcomings, The Wall Street Journal reported Monday. S&P 500 futures rose and the U.S. dollar fell on the news. The…
There’s money to be made in the Trump trade, with utilities, energy and financial stocks among those benefiting from the shifting market tides. “If anyone was shorting 2017 thinking Trump is going to cause some crazy volatility, they were wrong,” Jay Woods, chief global strategist at Freedom Capital Markets, tells Investor’s Business Daily’s “Investing with…
The Dow Jones Industrial Average was up again in early action Monday as the Trump stock market rally continued. Tesla (TSLA) blasted clear of a profit goal even as fellow Magnificent Seven name Nvidia (NVDA) lagged. Famed fund manager Cathie Wood snapped up a stock that has plunged while Coinbase Global (COIN) cleared an entry…
The stock market ended a banner week sharply higher on the ebullience surrounding the election victory of Donald Trump. Now a fresh inflation reading and U.S. retail sales data is due. The Nasdaq composite ended Friday with a slim 0.1% gain. However, the true story was the tech-heavy index’s blockbuster weekly lift of 5.7%, the…