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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.
Fastenal (FAST) kicked off Q2 earnings this morning with a solid beat: $2.08B in revenue, $0.29 EPS. It’s a small name, but it opens the floodgates for a week that includes JPMorgan, Wells Fargo, Citigroup, and tech giant Netflix.
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The U.S. investment bank goes through the reasons why the stock market keeps rising as new and higher tariff levels get announced.
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GOBankingRates on MSN4 Bath and Beauty Items To Stock Up on Now in Case of Tariff-Induced Product ShortagesTariffs could trigger major shortages in bath and beauty aisles. Stock up on these 4 essentials now—before prices spike or shelves go empty.
CNBC's "Power Lunch" team discusses what stocks may be immune to tariffs with Skyler Weinand, chief investment officer at Regan Capital.
Constellation Brands (NYSE:STZ) was the second biggest decliner in the S&P 500 Index on Monday as investors digested the weekend's tariff escalation and the resulting market anxiety. The company continues to be significantly affected by recent tariff developments,
A fresh batch of inflation risks were emerging in July as President Donald Trump escalated his trade war. Copper prices surged, tariff pressures bubbled up in earnings, and even a morning coffee could be getting more expensive.
Markets are dropping off from record highs with Trump's tariffs in focus as key inflation data and earnings season loom.