Trump, market and tariffs
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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.
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.
All told, the S&P 500 rose 8.81 points to 6,268.56. The Dow Jones Industrial Average added 88.14 to 44,459.65, and the Nasdaq composite climbed 54.80 to 20,640.33 to top its last all-time high set on Thursday.
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.
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.
US stocks fell Monday as President Donald Trump announced a flurry of tariffs on countries including Japan, South Korea and South Africa.
Three months after President Donald Trump's sweeping global tariffs led markets to plunge and then rebound ferociously, investors are grappling with the fallout from the still-shifting trade backdrop and adjusting strategies to withstand sudden policy shifts.
The Indonesia Stock Exchange (IDX) has said that United States President Donald Trump’s 32-percent import tariff on Indonesian products is not expected
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.