S&P 500 hits new all-time high on report of imminent trade deal with the EU
Call it the art of the dEUal. The S&P 500 hit a new all-time high after the Financial Times reported that the European Union and the US are “closing in” on a trade agreement that would avoid a bigger ...
How some US companies are turning a potential tariff hangover into an even bigger profit party
By preparing for the worst, some of America’s leading companies no longer have to hope for the best. Sam Rines, macro strategist at WisdomTree and the brains behind its GeoAlpha Opportunities Fund, ha...
Toyota, Honda, and other Japanese automakers rally as trade deal slashes their US tariff rate to 15%
Investors are pouring into Japanese auto stocks following Japan’s fresh trade deal with the US, which slashes levies on Japanese auto imports to 15% from 27.5%. Shares of , , and all soared by double...
Ford, GM, and Stellantis hate the Japan trade deal that the White House calls a “historic win for American automakers”
The White House is calling its trade deal with Japan “a historic win for American automakers.” American automakers would beg to differ. A trade group representing , , and criticized the agreement, wh...
GM falls as automaker reminds investors of $5 billion hit from tariffs
Back in May, said it was expecting a tariff hit of up to $5 billion this year. With summer underway and pre-tariff inventories largely cleared out, that hit is starting to come to fruition. The Detro...
There’s one major tailwind for the Mag 7 ahead of earnings
Tariffs are set to rise again, with country-specific duties kicking in next month — yet Wall Street remains firmly unbothered. Major stock indexes notched new highs last week , fueled in part by a str...
Tariffs take a $350 million bite out of Jeep maker Stellantis in the first half of the year
The tariff picture for is becoming clearer following the automaker’s preliminary first-half report and, as expected, the levies are not making its already bumpy drive any smoother. The Jeep maker, wh...
Japanese carmakers are indeed eating the bulk of Trump's tariffs — at least for now
Sometimes it seems like there’s no law — economic, political, constitutional, societal, you name it — that can withstand President Donald Trump’s reality distortion field. For instance, economists and...
Archer-Daniels-Midland drops as Trump claims Coca-Cola will use “REAL Cane Sugar”
is slumping and is modestly higher after President Donald Trump touted his alleged progress in changing a key ingredient in one of America’s most iconic beverages. “I have been speaking to Coca-Cola ...
Tariffs might be starting to show in America’s inflation rate — but where are prices rising the most?
According to new data from the Bureau of Labor Statistics , consumer prices rose 2.7% year over year in June — slightly above forecast and the fastest pace since February — with some suggesting that P...
US scoping out drone and solar panel supply chains ahead of potential tariffs
The Trump administration may be planning to impose tariffs on drones and their components, as well as solar panels. Bloomberg reports that the US Department of Commerce has initiated investigations in...
MP Materials soars again on Apple investment
is up 11% premarket after a report that plans to invest $500 million in the operator of the only US rare earths mine as part of its $500 billion US expansion . Aptly named US rare earth supplier is ...
More tariff threats can’t keep stocks down for long
US stocks shook off early losses tied to fresh tariff announcements from President Donald Trump to finish positive. The S&P 500 inched up 0.1%, the Nasdaq 100 rose 0.3%, and the Russell 2000 advanced...
Record-high coffee prices poised to keep rising on upcoming Brazil tariffs
Anyone who relies on a morning cup of coffee will have noticed how much their caffeine kick has been setting them back of late. Now, as the Trump administration prepares to impose a 50% tariff on impo...
US stock futures slump as Trump announces tariff hikes on the European Union, Mexico
There’s no time off from tariff announcements, with S&P 500 futures trading 0.5% lower on Sunday evening in response to the threat of higher levies on imports from two of America’s biggest trading par...
US stocks slip under weight of more potential tariffs
The S&P 500 ended the week on a soft note, weighed down by the threat of a widespread tariff hike . Remember, President Trump always raises tariffs (or TART, if you like). The benchmark US stock index...
The Oval Office is getting even more shiny and gold
Back in April, shortly after President Trump declared his “Liberation Day” tariffs, which imposed 145% levies on goods imported from China, we noticed some decorative gold “cartouches” slapped on the ...
Delta’s pulling off some EuroTrip engine ingenuity to dodge aircraft tariffs
After reporting earnings this week, reiterated what it’s been saying for months now: it has no plans to pay tariffs on aircraft deliveries. According to reporting by Bloomberg, it really means that.
The market’s decided that tariffs ≠ recession anymore
There are many ways to say “markets are pricing out recession risk and pricing in a continuation of the AI boom.” Today, Nvidia is enjoying a healthy gain while the S&P 500 has a relatively run-of-the...
Levi’s surges as the jean maker shrugs off tariffs with strong earnings and boosted guidance
As the broad market wobbles a little on renewed tariff threats , is taking a denim-clad leg higher. Shares of the jean maker are surging after it reported better-than-expected quarterly results and b...