Trump, market and tariffs
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Apparel is deflationary, energy is warmer, and the worst ... could be yet to come, the veteran Wall Streeter says.
While investors feel like they may understand Trump's negotiating tactics by now, tariffs could soon show up in earnings and economic data, Mike Wilson said.
Tariff costs and weak global demand, especially in China, will pressure Mettler-Toledo's revenue and profit margins in FY25. Read why MTD stock is a Sell.
The economy’s resilience so far to President Trump’s global trade war risks emboldening him and unleashing the sort of economic devastation that economists have long feared.
US stocks fell Monday as President Donald Trump announced a flurry of tariffs on countries including Japan, South Korea and South Africa.
JPMorgan Chase, Wells Fargo and Citigroup are among heavyweights reporting second-quarter results today. Profits for S&P 500 companies in the second quarter are expected to rise 5.8%, according to LSEG data, down from a forecast of 10.2% on April 1, before U.S. President Donald Trump launched his trade war.
U.S. stock futures were little changed Monday night following a winning session for the major averages, as investors await big bank earnings and a key inflation reading. Dow Jones Industrial Average futures fell by 50 points, or 0.12%. S&P 500 futures and Nasdaq 100 futures dipped 0.1% and 0.08%, respectively.
The company faces a key hurdle when Amazon reports its second-quarter results, which are expected to be released on July 31. Given the competing economic forces at play, should investors buy Amazon stock ahead of this key financial report or wait until the results have been made public? Let's take a look to see what the evidence suggests.
Explore the impact of tariffs on U.S. copper markets. Click for risks for Southern Copper Corporation in Peru, and why I suggest a long FCX/short SCCO strategy.