|Day's Range||2,801.27 - 2,809.70|
|52 Week Range||2,417.35 - 2,872.87|
President Trump is upping the ante in the trade fight. He says he’s ready to impose tariffs on all Chinese goods exported to the US. Plus, the President is criticizing the Fed's recent rate hikes. Yahoo Finance’s Alexis Christoforous, Rick Newman and Melody Hahm have more.
The Federal Bureau of Investigation has a tape of President Donald Trump discussing payments to a former Playboy model, according to a report from the New York Times. The article published on Friday late-morning says that the president's longtime lawyer, Michael Cohen, recorded a conversation with Trump two months before his 2016 election, in which he discussed payments to a former Playboy model, the paper wrote, citing lawyers and others familiar. The F.B.I. seized the tape during a raid on Cohen's office, the New York Times reports.
Microsoft rose as much as 3.6 percent to a record high of $108.20 and boosted all three of the Wall Street's main indexes. Trump's comments on tariffs, which followed after the United States and China imposed levies on $34 billion worth of each other's goods this month, worried investors already grappling with the impact of a strengthening dollar on corporate results. "Trade remains a major factor overall," said Michael Dowdall, investment strategist at BMO Global Asset Management in Chicago.
U.S. stocks rose on Friday as solid results from Microsoft lifted technology stocks and eased rising trade tensions after President Donald Trump said he was ready to impose levies on $500 billion worth ...
The U.S. dollar weakened on Friday against key world currencies as President Donald Trump complained again about its strength, while U.S. and European stock markets were tepid amid fresh tariff talk and another round of corporate earnings. U.S. government bond yields rose as Trump repeated his criticism a day earlier of the Federal Reserve's policy on raising interest rates, saying it takes away from the United States' "big competitive edge." He also lamented the strength of the dollar and accused the European Union and China of manipulating their currencies. The dollar was on pace for its biggest single-session drop in three weeks against a basket of major currencies, stalling a rally that had driven the greenback to a year high.
By Lewis Krauskopf NEW YORK (Reuters) - The U.S. dollar weakened on Friday against key world currencies as President Donald Trump complained again about its strength, while U.S. and European stock markets ...
Stocks aren’t moving much as President Donald Trump encroaches on the independence of the Federal Reserve and threatens to escalate a trade war with China.
U.S. stocks rose slightly on Friday, with technology stocks leading the day’s advance following strong results from Microsoft, one of the industry’s most closely watched bellwethers.
Emerging-market stocks, not those in the U.S., are taking the brunt of investors’ fears. The MSCI Emerging Markets Index is down 7.7 percent this year through Wednesday, while the S&P 500 Index is up 5.3 percent. The list of bogeymen in emerging markets is long, according to a recent survey of 20 investors, traders and strategists.
President Trump sounds off on the possibility of facing Joe Biden in 2020. Yahoo Finance's Seana Smith, Dion Rabouin, Dan Roberts and Ethan Wolff-Mann discuss.