US stocks open lower as Trump hits Canada with fresh tariffs

Published:



Wall Street’s main indexes opened lower on Friday as President Donald Trump cranked up his tariff assault on Canada, deepening uncertainty around Washington’s trade agenda.

At 09:30 a.m., the Dow Jones Industrial Average fell 215.88 points, or 0.48%, to 44,434.99, the S&P 500 lost 24.52 points, or 0.39%, to 6,255.94 and the Nasdaq Composite lost 55.63 points, or 0.27%, to 20,575.04.

Levi Strauss jumped 7% after the jeans maker easily beat Wall Street’s sales and profit targets and raised its full-year forecast, despite expecting higher costs from tariffs.

European markets were broadly lower, and Asian markets closed mixed. The yield on the 10-year Treasury rose to 4.40%.



Source link

Related articles

spot_img

Recent articles