archiveProducer Price Index

Stock Market

Dow, S&P 500, Nasdaq futures rise with tariff-tossed Wall Street on track for best week in months

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...
Stock Market

Nasdaq erases gains, S&P 500, Dow extend declines as Trump boosts Canadian steel, aluminum tariffs

President Donald Trump on Tuesday said he's boosting Canadian steel and aluminum tariffs to 50%, with the new duties set to go into effect on Wednesday. In a post on Truth Social, the president said the increase is in response to Ontario Premier Doug Ford's decision to impose a 25% surcharge on electricity exports to the United States. "Based on Ontario, Canada, placing a 25% Tariff on 'Electricity' coming into the United States, I have instructed my Secretary of Commerce to add an ADDITIONAL 25% Tariff, to 50%, on all...