Stocks slip
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US stocks fell on Friday after President Donald Trump threatened a 35% tariff on Canada — a sharp escalation in an ongoing trade war. The Dow closed lower by 279 points, or 0.63%. The broader S&P 500 fell 0.
U.S. stocks and government bonds were being swept up in a selloff on Friday, as President Trump’s threats of new tariffs against a host of U.S. trade partners unnerved investors.
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U.S. stocks closed higher even though Federal Reserve meeting minutes show no hurry to cut rates and Amazon's Prime Day falls short.
Stocks were under a bit of pressure Friday from tariff jitters, but corporate debt has been looking like a bargain when compared with equities at record highs, according to CreditSights. "As of July 11,
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The jeans maker posted strong results for the first half of the year and [boosted its annual outlook](
A stagflationary slowdown, higher rates, and a deeper slide in the US dollar could spoil the party for investors in the second half, Goldman Sachs said.
The investment outlook has been uncertain thanks to factors like tariffs and trade wars, inflation concerns, a dispute between President Donald Trump and the Federal Reserve over interest rate changes,
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The defense secretary said he planned to boost production of drones, and supply combat units with more of them.
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