U.S. markets open in 22 minutes
  • S&P Futures

    4,256.00
    +1.25 (+0.03%)
     
  • Dow Futures

    34,380.00
    -1.00 (-0.00%)
     
  • Nasdaq Futures

    14,121.50
    -3.25 (-0.02%)
     
  • Russell 2000 Futures

    2,325.80
    +2.20 (+0.09%)
     
  • Crude Oil

    71.72
    +0.84 (+1.19%)
     
  • Gold

    1,867.00
    +1.10 (+0.06%)
     
  • Silver

    27.67
    -0.37 (-1.33%)
     
  • EUR/USD

    1.2118
    -0.0004 (-0.04%)
     
  • 10-Yr Bond

    1.5020
    +0.0010 (+0.07%)
     
  • Vix

    16.63
    +0.98 (+6.26%)
     
  • GBP/USD

    1.4075
    -0.0033 (-0.23%)
     
  • USD/JPY

    110.1020
    +0.0410 (+0.04%)
     
  • BTC-USD

    40,280.91
    -73.00 (-0.18%)
     
  • CMC Crypto 200

    1,007.38
    +38.54 (+3.98%)
     
  • FTSE 100

    7,178.59
    +31.91 (+0.45%)
     
  • Nikkei 225

    29,441.30
    +279.50 (+0.96%)
     

Harley-Davidson stock surges toward 3rd straight gain, after E.U. decision not to raise tariffs

·1 min read
Harley-Davidson stock surges toward 3rd straight gain, after E.U. decision not to raise tariffs
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

Shares of Harley-Davidson Inc. jumped 3.9% in morning trading, and have run up nearly 10% amid a three-day win streak, as the motorcycle maker was set to benefit from the European Union's decision to postpone plans raise tariffs on some U.S. goods, including motorcycles. "We are encouraged by today's announcement that tariffs affecting our products will not escalate from 31% to 56%," said Chief Executive Jochen Zeitz. "Harley-Davidson employees, dealers, stakeholders and motorcycles have no place in this trade war. These tariffs provide other motorcycle manufacturers with an unfair competitive advantage in the E.U. European motorcycles only pay up to 2.4% to be imported into the U.S." The stock, which is up 9.9% the past three days, is now within sight of its three-year closing high of $49.92 on April 28. It has soared 35.0% year to date, while the S&P 500 has advanced 10.8%.