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Wall Street edge down from records amid Trump Tariff threats
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This article will be updated throughout the day, so check back often for more daily updates. He’s doing it again. Last night, President Trump widened his trade war-against-the world. After announcing 25%-plus tariffs on more than a dozen countries Tuesday,
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.
Nvidia briefly reached a market capitalization of $4 trillion on Wednesday, making it the first company in the world to reach the milestone and solidifying its position as one of Wall Street's most-favored stocks.
U.S. stocks are higher in afternoon trading Wednesday as Wall Street weighs the latest developments in Trump's trade wars.
Asian shares are mixed in cautious trading Friday after Wall Street closed at an all-time high with Delta Air Lines kicking off earnings season with a solid outlook for the rest of 2025, spurring an airline stock rally.
Financial market participants have pushed out yet again the end date for the effort to shrink the size of the Federal Reserve's large balance sheet, the minutes of the U.S. central bank's June 17-18 policy meeting showed on Wednesday.
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.
Among Thursday's market movers, Delta Air Lines ( DAL) is up +13.6% after topping Q2 estimates and setting profit guidance ahead of expectations. United Airlines ( UAL) +16 and Southwest Airlines ( LUV) +8.8 are also among the S&P 500's top gainers.