Wall Street indexes turned lower after the Trump administration expanded its tariffs on foreign-made movies. Investors remained on the sidelines amid worries of a lack of concrete trade agreements with key trading partners.
HHC
HHC
The U.S. economy added jobs at a slower pace in April, and job additions were downwardly revised for the previous two months as businesses grappled with uncertainties linked to Trump tariffs. Investors reviewed the latest earnings from Apple, Amazon, Airbnb, Exxon Mobil, and Chevron.
AAPL AMZN ABNB XOM CVX
AAPL AMZN ABNB XOM CVX
The S&P 500 index and the Nasdaq Composite struggled to gain traction after advancing in five consecutive sessions. General Motors joined the list of several other companies in withdrawing its annual outlook amid unprecedented economic uncertainties ignited by the Trump administration.
FFIV GM LEG WWD
FFIV GM LEG WWD
Wall Street indexes attempted to rebound after falling in the previous four sessions amid growing uncertainties and vicious attacks on the Federal Reserve. The U.S. dollar continues to weaken against the yen, the euro, and the pound. Gold prices extended further into record territory.
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NVDA TOL DHI NVR PHM