Trump, Canada and Tariff
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Trump said this week that there would be no new extensions granted for the August 1 deadline. Market pros tell BI where they see winners and losers.
The S&P 500 and Nasdaq composite closed at record highs on Thursday, and ended the week just below those levels.
Trump the tariff man has returned in force. The president slapped a 50% tariff on copper imports, powering shares of metals play Freeport-McMoRan ( FCX) up almost 5% on the week. Copper ( HG=F) prices have surged 10% since Monday.
President hardens stance on trade deadline, Nvidia gets closer to record $4 trillion market value, and more news to start your day.
Scavino and two other top officials sold Trump Media stock with a combined value of up to $10 million before tariffs news
President Donald Trump's latest tariff threats were adding pressure to global stocks on Friday. Shares of the popular Global X DAX Germany exchange-traded fund were down 1.2% on Friday, while heading for a 2% two-day slump.
Levi’s increased its full-year earnings projections despite higher tariff rates, sending the stock higher in after-hours trading.