Trump, Stocks and tariffs
Digest more
The Dow, S&P 500 and Nasdaq retreat from record highs as President Trump rolled out a fresh tariff against Canada, following Brazil hit. Meanwhile, the Federal Reserve and Chairman Powell are under fire for spending on renovations.
US Stock market today climbed as Nvidia stock surged on hopes of renewed AI chip sales to China, with support from President Trumps trade policy shift. The S&P 500 gained 0.4% and the Nasdaq rose 0.8%,
Fastenal (FAST) kicked off Q2 earnings this morning with a solid beat: $2.08B in revenue, $0.29 EPS. It’s a small name, but it opens the floodgates for a week that includes JPMorgan, Wells Fargo, Citigroup, and tech giant Netflix.
1don MSN
The U.S. investment bank goes through the reasons why the stock market keeps rising as new and higher tariff levels get announced.
Trump said this week that there would be no new extensions granted for the August 1 deadline. Market pros tell BI where they see winners and losers.
Constellation Brands (NYSE:STZ) was the second biggest decliner in the S&P 500 Index on Monday as investors digested the weekend's tariff escalation and the resulting market anxiety. The company continues to be significantly affected by recent tariff developments,