China, Wall St and Dow Jones Futures Surge
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In 100 days full of surprises for investors, the S&P 500 and Dow nearly recouped their April declines – even with a worse-than-expect GDP report.
The Dow Jones spun a tight circle near 42,300 on Tuesday. Markets largely failed to react to US CPI inflation, which eased slightly in April. Despite a general easing in the weighted index, key goods continue to rise, and tariff impacts loom ahead.
Ships, trucks and railroads are helping gauge the economic blow from tariffs.
Investors eye more trade deals, updates from President Trump’s trip to the Middle East and fresh consumer inflation data after U.S. stocks soared Monday as investors celebrated major progress on U.S.-China trade talks.
Audi backed its full-year financial forecasts, but said the difficulty in gauging the impact of tariffs means the guidance doesn't include any potential hit from the duties. The German company ...
The Dow Jones Industrial Average slipped on Friday (May 9) as investors looked ahead to key trade talks between U.S. and Chinese officials scheduled for the weekend. The Dow shed 119.07 points, or 0.29%,
Utz Brands maintained its outlook for the year as it expects a modest impact from tariffs. "Given that nearly all our input costs are sourced domestically and our manufacturing facilities are all in the United States, we expect that recent tariff volatility will have a modest impact on our business in 2025," said Chief Executive Howard Friedman.
Microsoft and Meta's strong earnings reports eased investor fears of an economic slowdown amid President Trump's tariffs.