Trump, Tariff and stock-market playbook
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Analysts expect profits from companies in the S&P 500 to climb 4.8% in the second quarter, according to FactSet. That would mark the lowest year-over-year growth since 2023, and a steep drop from the 13% jump during the first three months of this year.
Markets previously brushed off tariff risks under the assumption that President Donald Trump would follow his earlier pattern and eventually retreat. That allowed stocks to reach new record-high territory,
Markets declined over the week, slipping more than one percent, mainly due to ongoing uncertainty over global tariffs and a weak beginning to the earnings season.
Goldman Sachs is taking an autonomous software engineer for a test drive.
Scavino and two other top officials sold Trump Media stock with a combined value of up to $10 million before tariffs news
The stock market and bond market are forecasting different scenarios for the U.S. economy. The former projects optimism — higher equity prices, earnings growth, broad enthusiasm — but the latter sees weakening growth. Apollo chief economist Torsten Slok highlighted this disconnect in research published this week.