Dow falls nearly 900 points after Trump reignites trade war between the world’s two largest economies
New York
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US stocks closed sharply lower Friday after President Donald Trump threatened to hike tariffs on imports from China, reigniting fears of a trade war that rocked global markets earlier this year.
The Dow fell 879 points, or 1.9%. The broader S&P 500 dropped 2.71% and the tech-heavy Nasdaq Composite slid 3.56%.
Read MoreTrump to hike China tariffs to 130% and impose software export controls next month, as trade war reignites to nearly ‘Liberation Day’ levels
President Donald Trump said Friday that he will impose an additional 100% tariff on China and limit U.S.
US-China trade war escalates as Trump imposes 100% tariff on Chinese imports
» Read more about: US-China trade war escalates as Trump imposes 100% tariff on Chinese imports »
Read MoreAMD's Stock Surged 24% on Its OpenAI Partnership and Is Near an All-Time High. Is It Still a Buy?
QNB expects reacceleration of US economy in 2025
Doha: The Qatar National Bank (QNB) predicted that the US economy could grow an above consensus 2% this year, on the back of strong consumption and private investment.
In its Economic Commentary, QNB said: “At the beginning of the year, the outlook on the US economy pointed to a gentle slowdown in growth.
» Read more about: QNB expects reacceleration of US economy in 2025 »
Read MoreThe Burst
1 Sleep-Well-at-Night Stock That Sends You a Check Every Month
Nicknamed “The Monthly Dividend Company,” Realty Income isn’t your average real estate play. It’s one of the few publicly traded companies that sends a dividend check every single month, and it’s done so like clockwork for more over 600 consecutive months.
Its current forward yield sits at precisely 5.60%, a hefty figure in today’s environment.
» Read more about: 1 Sleep-Well-at-Night Stock That Sends You a Check Every Month »
Read MoreThe Ivy
Will Apple Catch Up To The Mag 7?
Apple shares climbed late last week on Wall Street’s growing belief that the company may have defused one of its biggest political risks, the ongoing tariff standoff with the Trump administration.
The breakthrough comes after Apple announced an eye-popping $600 billion investment in the United States, a figure that instantly turned heads in Washington and on Wall Street.
» Read more about: Will Apple Catch Up To The Mag 7? »
Read MoreThe Spotlight
Can Ray Dalio’s All-Weather Blueprint Shield Your Portfolio?
When storms hit the financial markets, most investors scramble for cover. But what if you could build a portfolio designed to weather any storm, one that doesn’t flinch when stocks sink, inflation spikes, or economic growth stalls?
That was the question billionaire Ray Dalio sought to answer when he created his now-famous All Weather portfolio,
» Read more about: Can Ray Dalio’s All-Weather Blueprint Shield Your Portfolio? »