The Dow, S&P 500 and Nasdaq retreat from record highs as President Trump rolled out a fresh tariff against Canada, following Brazil hit. Meanwhile, the Federal Reserve and Chairman Powell are under fire for spending on renovations.

Major stock indexes were slightly lower on Friday as U.S. President Donald Trump's announcement of tariffs on imports from Canada fanned worries about trade tensions, with the Canadian dollar down against the greenback.

Scavino and two other top officials sold Trump Media stock with a combined value of up to $10 million before tariffs news

Late Thursday, Trump posted a letter threatening to impose 35% tariffs on goods from Canada. The barrage of letters began on Monday, setting tariffs of 25% on goods from Japan and South Korea and 50% on Brazil.

Canadians have been shunning US products as a result of President Donald Trump’s trade war. Now there’s evidence some also want to see fewer US stocks in their retirement accounts and pensions funds.

Stock indexes edged higher on Thursday, with investors weighing the latest trade announcements from U.S. President Donald Trump, while the Brazilian real recovered some losses following Trump's announcement of a 50% tariff on goods from Brazil.

Renewable-energy stocks fell, after President Trump issued an executive order calling for tight application of the eligibility rules for clean-energy tax credits. Shares in solar-equipment maker First Solar fell about 5% in morning trading Tuesday,

Tax incentives contained in the sweeping tax and budget bill Trump signed on July 4 could provide a fresh boost to AI chipmakers.