US EditionCEOs’ talk about tariff uncertainty puts damper on Wall Street rally
- U.S. Stock indexes posted modest declines Friday during midday trading.
- The prior three-day Wall Street rally lost momentum due to company concerns over trade policy uncertainty.
- Several companies, including Intel and Skechers, saw stock prices fall after issuing cautious outlooks or pulling forecasts.
- The Dow Jones Industrial Average dropped 237 points, and Intel cited seeing 'elevated uncertainty across the industry'.
- Many companies withdraw forecasts amid this uncertainty, indicating markets will likely continue swinging until tariff clarity arrives.
33 Articles
33 Articles
Big Tech carries Wall Street to the close of its winning, roller-coaster week
Big Tech stocks carried Wall Street Friday to the close of a winning, roller-coaster week, one that saw markets swing from fear to relief and back to caution because of U.S. President Donald Trump’s trade war.
Big Tech carries Wall Street higher as most US stocks fall on uncertainty about the trade war
By STAN CHOE, AP Business Writer NEW YORK (AP) — Big Tech stocks are carrying Wall Street higher Friday as U.S. stocks near the end of their latest roller-coaster week. The S&P 500 was up 0.6% in late trading and adding to its big three-day rally. Spurts for Nvidia and other influential tech stocks sent the Nasdaq composite up a market-leading 1.1%. But they were masking drops for the majority of stocks on Wall Street, and the Dow Jones Industri…
Coverage Details
Bias Distribution
- 53% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
