archivePresident Trump

Stock Market

Dow, S&P 500, Nasdaq rise as momentum builds for Trump trade deals, tax bill

Canada has scrapped its planned digital services tax on US tech firms late on Sunday, just hours before it was due to come into effect. The move aims to revive stalled trade talks with the US, which President Trump suddenly halted on Friday over the tax, calling it a "blatant attack" on American tech companies. US stock futures rose as investors welcomed the news. Benchmark stock indexes in Tokyo and Shanghai also moved higher amid optimism that the US and its top trading partners can hammer out trade deals. Prime...
Stock Market

S&P 500, Nasdaq fade from records; Trump-Canada trade dispute flares

Stock Market Today: S&P 500, Nasdaq fade from records; Trump-Canada trade dispute flares originally appeared on TheStreet. Updated 4:32 p.m. EDT Stocks closed at record highs on Friday, despite President Trump's threat to impose new tariffs on Canadian goods. The benchmark gained 0.52% to hit a fresh high of 6,187.68, up from the S&P’s previous record of 6,147.43, while the tech-heavy Nasdaq, which also hit an all-time high, advanced 0.52%% to close at 20,273.46. The Dow Jones Industrial Average surged 432 points, or 1%, to end the day at 43,819.27....
Stock Market

Dow, S&P 500, Nasdaq futures stall as Trump reportedly eyes replacing Fed chief early

US stock futures edged up on Thursday as bets on interest-rate cuts rose after President Trump hinted he was looking at replacing Federal Reserve Chair Jerome Powell earlier than expected. Dow Jones Industrial Average futures (YM=F) nudged 0.2% higher, while S&P 500 futures (ES=F) rose about 0.2%. Contracts on the tech-heavy Nasdaq 100 (NQ=F) gained 0.4%. Trump's frustration with Powell's "wait and see" approach to interest rates has led him to consider announcing his pick to succeed the Fed chair in September or October, The Wall Street Journal reported. Powell's...
1 7 8 9 10 11 24
Page 9 of 24