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US stocks edged lower on Friday after China hit the US with a retaliatory tariff hike but signaled it won't hike duties any further. The S&P 500 (^GSPC) fell 0.2%, and the tech-heavy Nasdaq (^IXIC) dropped below the flatline. The Dow Jones Industrial Average (^DJI) dropped 0.2%. China said Friday it will raise duties on imports of US goods to 125%, compared with the 84% previously planned, effective Saturday. The move is in direct response to President Trump's ballooning "reciprocal" tariffs on China, the commerce ministry said, but it also...

US stocks rose before the bell on Friday, eyeing a comeback from a bruising sell-off as Wall Street gets ready to wrap up another week of tariff-fueled turmoil. Futures tied to the S&P 500 (ES=F) were up 0.5%, and those on the tech-heavy Nasdaq (NQ=F) popped 0.8%. Dow Jones Industrial Average futures (YM=F) put on 0.3%, with all three gauges paring earlier premarket gains. President Trump's fast-moving tariff policy has whiplashed stocks this week, which saw the major US indexes notch historic gains during Wednesday's session but then tank on...

US stocks swung back to gains before the bell on Friday, eyeing a comeback bid after China hit the US with a retaliatory tariff hike but signaled it won't hike duties any further. Futures tied to the S&P 500 (ES=F) rose 0.6%, and the tech-heavy Nasdaq (NQ=F) was up 0.7%. Dow Jones Industrial Average futures (YM=F) advanced 0.5%, having seesawed above and below the flat line in the bumpy premarket going. China said Friday it will raise duties on imports of US goods to 125%, compared with the 84% previously...

The emerging theme from this week's tariff-sparked whiplash on Wall Street is whether the volatility in US bonds and the dollar signals waning appetite for US assets and their roles as safe-haven assets. The US Dollar Index (DX-Y.NYB), a key measure of the dollar’s strength against a basket of major currencies, fell below the 100 level to its weakest point since April 2022. Meanwhile, the 10-year yield (^TNX) surged to its highest level since February to trade at around 4.53%, a massive 66 basis point swing from Monday's low of...

US stock futures extended some of Thursday's losses before bouncing back as Wall Street gets ready to wrap up another week of tariff-fueled turmoil. Futures tied to the S&P 500 (ES=F) were up 1.2%, those on the tech-heavy Nasdaq (NQ=F) popped 1.5%. Dow Jones Industrial Average futures (YM=F) climbed 1% The major stock indexes are reeling from whiplash toward the end of another week roiled by President Trump's fast-moving tariff policy, after pulling off historic gains during Wednesday's session followed by subsequent plunges on Thursday. The S&P 500 (^GSPC) has...

Delta (DAL) and Walmart (WMT) on Wednesday started what is sure to be a lengthy period of companies cutting or withdrawing their forecasts as a result of tariff uncertainty. But cutting guidance so an executive team can buy itself time to figure out what constitutes success for its business under this new tariff regime is only one way companies will use these events for cover. Another way involves finishing off what was started after the pandemic: downsizing. In 2022, a wave of layoffs blew through the corporate world, most notably...

US stock futures pointed toward further gains in Thursday's session after the major indexes staged a historic rally as President Trump paused many of his largest tariff hikes on trading partners. Futures tied to the S&P 500 (ES=F) were up 0.3%, while those on the tech-heavy Nasdaq (NQ=F) rose 0.1%. Dow Jones Industrial Average futures (YM=F) rose 0.4%. Stocks are coming one of their biggest one-day rallies since World War II. The benchmark S&P 500 (^GSPC) had its best day since 2008, gaining 9.5%. The Dow (^DJI) rallied nearly 3,000...

US stock futures pointed toward losses in Thursday's session after the major indexes staged a historic rally as President Trump paused many of his largest tariff hikes on trading partners. Futures tied to the S&P 500 (ES=F) were down 0.3%, while those on the tech-heavy Nasdaq (NQ=F) fell 0.8%. Dow Jones Industrial Average futures (YM=F) slipped 0.1%. Stocks are coming one of their biggest one-day rallies since World War II. The benchmark S&P 500 (^GSPC) had its best day since 2008, gaining 9.5%. The Dow (^DJI) rallied nearly 3,000 points....

As the S&P 500 approached a 20% drop over the past week, investors made clear one thing they thought could stop the selling. President Trump needed to back off the tariffs. Given that the president jacking up tariffs to their highest level in a century had been the primary catalyst for one of the worst three-day sell-offs in the S&P 500 since World War II, investors felt the only real lever to stop the bleeding was a changing of tides from Trump. "We need to see some evidence of some...

US stock futures sank as Wall Street reacted to President Trump's massive tariffs on key US trading partners taking full effect on Wednesday at 12:01 a.m. Futures tied to the S&P 500 (ES=F) dropped down 1.8%, while those on the tech-heavy Nasdaq (NQ=F) fell 1.9%. Dow Jones Industrial Average futures (YM=F) sunk 1.5%. Trump's so-called "reciprocal" tariffs — the announcement of which stunned markets last week — are in full effect. They continue to bring chaos to Wall Street, as stocks ended up on another roller-coaster ride of a session...