US stocks rise on strong jobs data, China trade talk optimism; Tesla rebounds
U.S. stocks closed higher on Friday after a better-than-expected jobs report calmed worries about the economy, while Tesla bounced, clawing back some losses from a sharp plunge the previous session. The S&P 500 closed above 6,000 for the first time since Feb. 21, fueled by gains in technology shares. Investors cheered news citing President Donald…
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Wall Street ends narrowly mixed in choppy trade on weak economic data
U.S. stocks ended mixed on Wednesday, with the benchmark S&P 500 flat, the technology-heavy Nasdaq Composite slightly up and the Dow Jones Industrial Average down as weak data revealed the economic toll taken by President Donald Trump’s trade policies. The services sector contracted in May for the first time in nearly a year, while businesses…
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US stocks end sharply higher on Trump’s tariff reprieve
NEW YORK, – Wall Street surged on Tuesday as investor risk appetite was buoyed by U.S. President Donald Trump’s latest tariff respite and an unexpected jump in consumer confidence. A broad rally sent all three major U.S. stock indexes higher, with strength in the AI-related “magnificent seven” group of momentum stocks putting the tech-laden Nasdaq…
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Dollar, global stocks slip as Trump threatens tariffs on Europe and Apple
Major stock indexes and the dollar eased on Friday after U.S. President Donald Trump unleashed his latest trade threats, recommending 50% tariffs on European Union imports from June 1 and considering a 25% tariff on any Apple iPhones made outside the U.S. Shares of Apple ended 3% lower, while the three major U.S. stock indexes…
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Wall Street slides as Trumpβs tariff threats triggers market uncertainty
U.S. stocks fell on Friday, notching a weekly loss, after President Donald Trump recommended 50% tariffs on European goods, reopening a new front in global trade tensions and unleashing a fresh wave of market uncertainty. All three main Wall Street indexes pared early losses but each still ended lower and shed more than 2% for…
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