China, Dow Jones Industrial Average and tariffs
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Dow soars 1,000 points
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In 100 days full of surprises for investors, the S&P 500 and Dow nearly recouped their April declines – even with a worse-than-expect GDP report.
Ships, trucks and railroads are helping gauge the economic blow from tariffs.
Investors eye more trade deals, updates from President Trump’s trip to the Middle East and fresh consumer inflation data after U.S. stocks soared Monday as investors celebrated major progress on U.S.-China trade talks.
The Dow Jones spun a tight circle near 42,300 on Tuesday. Markets largely failed to react to US CPI inflation, which eased slightly in April. Despite a general easing in the weighted index, key goods continue to rise, and tariff impacts loom ahead.
Audi backed its full-year financial forecasts, but said the difficulty in gauging the impact of tariffs means the guidance doesn't include any potential hit from the duties. The German company ...
The Dow Jones Industrial Average slipped on Friday (May 9) as investors looked ahead to key trade talks between U.S. and Chinese officials scheduled for the weekend. The Dow shed 119.07 points, or 0.29%,
Yeti now expects adjusted sales, which exclude the impact of recall reserves, to rise 1% to 4% this year instead of 5% to 7% as previously predicted. Adjusted earnings are now forecast to hit $1.96 to $2.02 a share, down from a previous target of $2.90 to $2.95 a share.