archiveNational Security Tariff Investigations

Stock Market

Dow, S&P 500, Nasdaq rise as Apple gains on tech tariff reprieve

Housing stocks have struggled this year as mortgage rates ride a roller coaster amid Trump’s sweeping tariff plans. However, according to Wedbush, that turbulence could offer a buying opportunity. “We would use the sell-off as a buying opportunity for builders that generate 50% or more of annual sales from move-up and active adult buyers since those buyers tend to be less rate-sensitive than entry-level buyers,” Jay McCanless, senior vice president of equity research, wrote in a note to clients. The latest policy moves from the administration have brought uncertainty to...
Stock Market

Dow, S&P 500, Nasdaq rally for 2nd day, Apple jumps on tech tariff reprieve

Housing stocks have struggled this year as mortgage rates ride a roller coaster amid Trump’s sweeping tariff plans. However, according to Wedbush, that turbulence could offer a buying opportunity. “We would use the sell-off as a buying opportunity for builders that generate 50% or more of annual sales from move-up and active adult buyers since those buyers tend to be less rate-sensitive than entry-level buyers,” Jay McCanless, senior vice president of equity research, wrote in a note to clients. The latest policy moves from the administration have brought uncertainty to...
Stock Market

Dow, S&P 500, Nasdaq trim gains after tech’s tariff reprieve bounce fizzles

Apple (AAPL) shares gained as much as 5% on Monday as Wall Street viewed the iPhone maker a major winner of exemptions on tariffs announced by the Trump administration over the weekend. "The Trump administration gives AAPL a lifeline," said Angelo Zino, vice president and senior equity analyst at CFRA Research. "It also provides a huge sigh of relief for US consumers who feared a significant increase in costs." In a big win for the technology sector, the White House carved out reciprocal tariff exemptions on smartphones, computers, memory chips,...
Stock Market

Dow, S&P 500, Nasdaq futures jump as tech gets a temporary tariff reprieve

Global tech stocks and chipmakers rose in premarket trading Monday after the Trump administration published tariff exemptions on smartphones, computers, and other electronics — though Trump and his top officials muddied that message over the weekend, suggesting the reprieve would be temporary. As my colleague Jenny McCall details below, Apple (AAPL) was a top mover Monday morning, rising 5.5% on the exemptions. Apple also led global smartphone sales in the first quarter, according to Reuters, due to the iPhone 16e launch and strong demand in Japan and India. Best Buy...
Stock Market

Dow, S&P 500, Nasdaq futures rise as tech gets a temporary tariff reprieve

US stock futures jumped Sunday evening, as Wall Street took in a weekend full of diverging messages from President Trump's administration on its tariff policy. Futures tied to the S&P 500 (ES=F) rose 0.5%, while those on the tech-heavy Nasdaq (NQ=F) jumped over 1%. Dow Jones Industrial Average futures (YM=F) were up 0.3%. CME - Delayed Quote • USD As of 6:40:23 PM EDT. Market Open. ES=F YM=F NQ=F Trump and his top advisers sowed confusion this weekend on the future of its tariffs on China and on specific sectors....