Wall Street hits record highs
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The stock market has learned to love President Donald Trump’s tariffs. Wall Street revolted in April after the president unveiled plans for the highest U.S. import taxes in more than a century. Stocks lost nearly 12 percent of their value in less than a week,
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The White House rolled out a series of new tariff announcements this week, yet the S&P 500, Nasdaq, bitcoin, and Nvidia have all notched all-time highs over the last 24 hours. Meanwhile, the VIX — Wall Street’s fear gauge — has collapsed well below its long-run average after surging to historic highs in April.
Live Updates Live Coverage Has Ended Friday Wrap-up 4:02 pm The Vanguard S&P 500 ETF closed at 573.26 on Friday, down 0.3% for the day and down 0.5% for the week. Elon Musk is in Hot Water in France 1:15 pm France is reportedly probing allegations that X (nee Twitter) manipulated its algorithms for the
U.S. stocks are higher in afternoon trading Wednesday as Wall Street weighs the latest developments in Trump's trade wars.
The stock market and bond market are forecasting different scenarios for the U.S. economy. The former projects optimism — higher equity prices, earnings growth, broad enthusiasm — but the latter sees weakening growth. Apollo chief economist Torsten Slok highlighted this disconnect in research published this week.
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Stocks are off to a sluggish start on Wall Street, while Delta Air Lines led a rally in airline stocks after releasing a solid outlook for the rest of 2025.
US stocks fell on Friday after President Trump threatened Canada with a 35% tariff on its imports to the US and floated higher blanket levies. Late Thursday, Trump on Truth Social posted a letter to Canadian Prime Minister Mark Carney,