
Stocks cap manic week with best performance since November 2023
Stocks climbed on Friday even as Wall Street analysts warn of a growing trade war between the world's two biggest economies.
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Alain Sherter is a senior managing editor with CBS News. Based in New York City, he leads a team of reporters and editors with CBS MoneyWatch, which covers issues including business, financial and economic news. Previously, he covered the technology, health care and other industries as a news reporter and editor for media companies including Thomson Financial, Dow Jones and The Deal.
Stocks climbed on Friday even as Wall Street analysts warn of a growing trade war between the world's two biggest economies.
President Trump's aggressive use of tariffs has fueled concerns about the economy and roiled the stock market.
It was a roller-coaster day in stocks as panic selling subsided, while President Trump threatened to hit China with a 50% tariff.
Stocks in the U.S. look set for another for another rough outing Monday as the Trump tariff fallout continues to roil global markets.
Stocks continued to tumble in the U.S. Friday as financial markets suffered their biggest two-day drop since 2020.
Stock futures are pointing to another major drop in U.S. financial markets as global trade war risks rise.
Nasdaq also sinks more than 1,000 points as investors fret over the potential economic impact of President Trump's latest tariffs.
U.S. financial markets look set to crater in early as trade, with Dow future down nearly 1,300 points.
President Trump announced new reciprocal tariffs on Wednesday, which he dubbed "Liberation Day."
Jittery investors await Trump administration's latest salvo of tariffs on key U.S. trading partners.
President Trump's plan to impose new tariffs on U.S. car imports dented stocks, with more levies set to take effect April 2.
Investors cheered by White House signals that President Trump might narrow scope of planned tariffs.
23andMe, which helped popularize ancestry tracing through genetic testing, filed for bankruptcy protection and will seek a sale.
Once-bullish investors are striking a note of caution, citing risks from the Trump administration's economic policies.
The Federal Reserve's downbeat outlook on the U.S. economy is a wake-up call for investors.