For China’s exporters, trying to mitigate new U.S. tariffs means raising prices for Americans while diversifying where possible, at home and abroad.
JPMorgan Chase will be the first major U.S. bank to report earnings for the most recent quarter in a time of rising economic uncertainty.
Tariffs will take a few months to filter through to consumer prices, economists said.
This past week shows that financial markets, and by proxy Wall Street statesmen like Jamie Dimon, are still guardrails on the Trump administration.
Short sellers’ bearish positions unexpectedly dropped in value as stocks soared on news of a tariff pause, forcing them to buy back shares to limit losses.
Stocks making the biggest moves midday: Capri, Janover, Harley-Davidson, CarMax, U.S. Steel and more
These are the stocks posting the largest moves in midday trading.
The consumer price index fell in March, but President Donald Trump’s tariff agenda and the specter of a global trade war threaten to reverse progress.
“It definitely will have to be negotiation with China. I don’t know whether Trump holds as many cards as he thinks he holds,” Siegel said.
These are the stocks posting the largest moves in premarket trading.
Stocks skyrocketed in a kneejerk reaction to President Donald Trump’s announcement to put a 90-day pause on some of the lofty ‘reciprocal’ tariffs.