Trump targets EU and Apple with tariff threats
Digest more
Wall Street had its worst week since early April after President Trump said he would impose steep tariffs on E.U. goods and targeted Apple with a tax on foreign-made iPhones.
12hon MSN
The tariff war the U.S. is waging against most of the world stabilized somewhat earlier this month. But let's face facts -- it could easily flare up again. President Donald Trump
2don MSN
Shorting stocks has been a coin-flip in 2025, with almost 50% of short positions unprofitable this year, S3 Partners said.
Dow industrials drop 2.5% on the week, while bond markets flash new signs of danger.
Shares of Ross Stores sank Friday, a day after the discount retailer pulled its full-year outlook due to the uncertainty caused by the Trump administration's shifting tariff policies.
TJX Cos.’ stock pulled back Wednesday from a record close earlier this week, after the retailer said tariff costs could cause it to fall short of Wall Street’s fiscal second-quarter earnings projections.
4don MSN
After a massive drawdown in the initial reaction to President Trump's April 2 tariff announcement, major stock indexes have roared back, with the S&P 500 (^GSPC) adding $9 trillion in market value in just over a month.
KEY TAKEAWAYSShares in TJX Companies are down Wednesday after the discount retailer operator posted a weak second-quarter outlook as tariffs weighed on its business. The downbeat outlook came as the parent company of T.