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Wall Street falls following Trump’s tariffs but pares its losses after Mexico announces a delay

Wall Street experienced significant fluctuations, with the S&P 500 down by 0.78 percent and the Dow Jones Industrial Average down by 0.28 percent amid concerns over President Donald Trump's tariffs.
Mexican President Claudia Sheinbaum announced a one-month delay on tariffs after a conversation with Trump, which helped recover some market losses.
Canada's Prime Minister Justin Trudeau warned of retaliatory tariffs on $30 billion worth of U.S. Goods if Trump proceeds with his tariffs.
Trump acknowledged the conversation with Sheinbaum, stating they agreed on deploying 10,000 Mexican soldiers to the border to address illegal migration and fentanyl flow.

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New Orleans CityBusiness

Wall Street edges higher as focus returns to profit reports

Stocks on Wall Street edged higher Wednesday as the focus swings back toward how much profit businesses are making. The S&P 500 rose 0.3% in afternoon trading. The Dow Jones Industrial Average was up 274 points, or 0.6%, as of 2:25 p.m. Eastern time, and the Nasdaq composite was mostly unchanged. Several big technology stocks fell and checked broader gains in the market. Alphabet sank 7.5% even though Google’s parent company reported stronger pr…

17 days ago

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Washington Top News

+15 Reposted by 15 other sources

Stock market today: Wall Street is mixed as the focus returns to corporate profits; Alphabet sinks

NEW YORK (AP) — Google’s parent company and other tech stocks are weighing on a mixed Wall Street Wednesday as the focus swings back toward how much profit businesses are making. The S&P 500 was virtually unchanged in midday trading, as more stocks rose in the index than fell. The Dow Jones Industrial Average was up 75 points, or 0.2%, as of 11:45 a.m. Eastern time, and the Nasdaq composite was 0.2% lower. Alphabet sank 7.8% even though Google’s…

18 days ago·Washington, United States

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Daily Freeman

Jonah Goldberg: Many will lie about the consequences of Trump’s tariffs. The markets won’t.

Thank God for the stock market. The market is one of the only things Donald Trump can be expected to listen to — likely more than polls and certainly more than his advisers — even when he doesn’t want to hear what it’s saying. During his first term, Trump routinely took credit for every new market high, noting at one point that “the reason our stock market is so successful is because of me.” When the market did well under President Biden, Trump …

18 days ago·Kingston, United States

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Omaha World-Herald

Wall Street goes on roller-coaster ride

NEW YORK (AP) — The threat of a punishing trade war sent Wall Street on a roller-coaster ride Monday.

19 days ago·Omaha, United States

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The Columbian

Stock market today: Calm returns to Wall Street, and US indexes make only modest moves

NEW YORK (AP) — Calm is returning to Wall Street Tuesday, and tech stocks are leading U.S. stock indexes higher following a strong profit report from Palantir Technologies, a darling benefitting from the artificial-intelligence boom. Read more...

19 days ago·Vancouver, United States

Stock markets sink on Trump tariffs

New York, United States — Stock markets slumped Monday over concerns about the global economy after US President Donald Trump announced tariffs on Canada, China and Mexico. Wall Street’s three main indices fell sharply in early trading but clawed back ground after Trump postponed the introduction of tariffs on Mexico for one month. READ: Trump

19 days ago·Manila, Philippines

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