Trump, Canada and Stocks
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Investor's Business Daily on MSNHow Will Dow Jones Futures Open As Trump Sets Tariffs Above Liberation Day Levels?The stock market held near highs last week as Trump tariffs continued Saturday. Inflation, earnings loom. Google, AMD are near buy points.
U.S. stocks fell Friday after President Trump said he would impose a 35% on some Canadian imports, spooking the markets. The S&P 500 declined 0.33 %, and the Dow fell 0.63 %. Nvidia hit a $4.02 trillion record valuation,
The S&P 500 has outpaced the Dow Jones Industrial Average despite President Trump's rejection of exceptions to the Aug. 1 date he set to launch his latest tariffs. Meanwhile, the Nasdaq has had a day in the green.
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Investor's Business Daily on MSNDow Jones Futures: The New Trump Tariffs Deadline; Tesla Skids As Musk Forms Political PartyPresident Trump says he'll send out tariff letters to other countries starting Monday, but this is the real deadline. Elon Musk is forming a political party. Tesla rival Uber leads five stocks in buy zones.
A fresh bout of technical weakness has dragged the Dow Jones Industrial Average back below 44,400 following a strong bullish performance through the last third of June. The major equity index peaked near 44,800, failing to breach all-time highs north of the 45,000 handle.
Wall Street tumble as Trump slaps 35% tariffs on Canada; Dow drops 200 pts, crypto soars past $117K on ETF inflows.