Trump, Canada
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The Dow, S&P 500 and Nasdaq retreat from record highs as President Trump rolled out a fresh tariff against Canada, following Brazil hit. Meanwhile, the Federal Reserve and Chairman Powell are under fire for spending on renovations.
Investors have had their fair share of things to digest this week. Trump the tariff man has returned in force. The president slapped a 50% tariff on copper imports, powering shares of metals play Freeport-McMoRan (FCX) up almost 5% on the week.
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Investor's Business Daily on MSNDow Jones Futures: Stocks Hold Up Amid Trump Tariffs, But Growth Woes Worrisome; Google, AMD Near Buy PointsDow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. President Donald Trump's renewed tariff hike push is in focus, while inflation reports could show a bigger tariff impact.
In a wide-ranging interview with NBC News, Trump talked about tariffs, sending Patriot missiles to NATO for Ukraine and how he'll sell his recently passed "big, beautiful bill."
Canadian Prime Minister Mark Carney says Canada will keep working toward a new trade framework with the United States despite U.S. President Donald Trump saying he'll raise taxes on many imported good