Stocks fall
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Delta hits record profits and airline stocks bounce
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US stocks fell on Friday after President Donald Trump threatened a 35% tariff on Canada — a sharp escalation in an ongoing trade war. The Dow closed lower by 279 points, or 0.63%. The broader S&P 500 fell 0.
Stocks were under a bit of pressure Friday from tariff jitters, but corporate debt has been looking like a bargain when compared with equities at record highs, according to CreditSights. "As of July 11,
The jeans maker posted strong results for the first half of the year and [boosted its annual outlook](
Indian equity benchmarks posted a second straight weekly loss, weighed down by uncertainty over a potential U.S. trade deal and weak earnings from IT major Tata Consultancy Services .
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U.S. stocks and government bonds were swept up in a selloff on Friday, as President Trump’s threats of new tariffs against a host of U.S. trade partners unnerved investors.
The president again pushed the Fed to lower rates, helping power the S&P 500 and the Nasdaq composite to fresh record closing highs.
The defense secretary said he planned to boost production of drones, and supply combat units with more of them.
Glenmark Pharmaceuticals Ltd.’s licensing pact with AbbVie Inc. for its blood cancer drug is boosting optimism over Indian biotechnology stocks, with some brokerages calling it the largest such deal in the country.
Jim Cramer, who under all the bluster, often serves as a voice of reason for the stock market, has named four stocks that are falling, but are still good buys. These are companies facing short-term headwinds that have clearer sailing long-term.