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U.S. stock indexes struggled on Thursday as investors processed mixed corporate earnings and progress in tariff negotiations. The S&P 500 and Nasdaq were slightly up, while the Dow fell. Globally, stock markets saw gains due to optimism about potential U.
General Motors and other U.S. companies give updates on how much President Trump’s tariffs are impacting them.
Stocks were taken on a wild ride Wednesday as a White House official indicated to CNBC that Trump was moving closer to firing Powell from his post as Fed Chair.
U.S. stocks opened mostly lower on Monday as investors monitored tariff developments and their potential impact on inflation and corporate earnings. Big banks are set to kick off a fresh earning season in earnest on Tuesday,
The slouch was slight compared to the market reaction to Trump’s initial “Liberation Day” announcement of “reciprocal” tariffs on April 2.
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.
M said it expects a gross tariff impact of 20 cents a share for the full year, down from its prior projection of 60 cents a share, thanks in part to easing trade tensions between the U.S. and China. CEO Bill Brown said most of the materials maker’s tariff costs are related to China,
Dow drops nearly 1,679 in biggest wipeout since 2020 as fears of fallout from tariffs shake markets Updated: 8:21 PM EDT Apr 3, 2025 Editorial Standards ⓘ
Trump Tariffs Have Mixed Impact on Big Economies — Update Provided by Dow Jones Apr 23, 2025, 8:37:00 AM. ... (END) Dow Jones Newswires. April 23, 2025 04:37 ET (08:37 GMT)
Helen of Troy swung to a loss of $450.7 million, or $19.65 a share, for the three months ended May 31, compared to net income of $6.2 million, or 26 cents a share, a year earlier. Stripping out certain one-time items, earnings came in at 41 cents a share.