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Investor's Business Daily on MSNStock Market Today: Dow Falls Ahead of Jobless Claims, Retail Sales; Nvidia Chipmaker TSMC Jumps On Earnings (Live Coverage)The Dow Jones index dropped Thursday ahead of jobless claims and retail sales. Nvidia chipmaker TSMC jumped on earnings.
Tech led US stocks on Tuesday as a key consumer inflation print showed inflation accelerated in June, big banks kicked off earnings season, and Nvidia was set to receive a green light for trade with China from the Trump administration.
Dow futures fall as President Donald Trumps tariff deadline approaches, raising fresh concerns on Wall Street. With the 90-day pause on reciprocal tariffs ending July 9, Trump officials warn duties could return to their harsh “Liberation Day” levels by August 1 unless new trade deals are signed.
Stocks were taken on a wild ride Wednesday as a White House official indicated to CNBC that Trump was moving closer to firing Powell from his post as Fed Chair.
U.S. stock futures were mostly higher Tuesday after Nvidia set it's likely to resume sales of key chips to China, with a key inflation report and bank earnings on the way. Dow Jones Industrial Average futures fell 71 points,
US stock market today opened slightly lower as Dow, S&P 500, and Nasdaq futures paused after a powerful tech rally led by Nvidia, which just hit a historic $4 trillion market value. Meanwhile, President Trumps new tariff threats—including a proposed 50% import tax on Brazil and extra tariffs on BRICS nations—are now in focus.
US stocks recovered from session lows to end Wednesday's trading session higher after President Trump said he's "not planning" to fire Fed Chair Jerome Powell, taking the air out of new reports emerging suggesting he was close to making that decision.
Futures for the Dow Jones Industrial Average retreated 89 points, or 0.3%, futures for the S&P 500 fell 0.2%, and futures for the Nasdaq Composite were unchanged. Over in Europe, the FTSE 100 was ...
Stock futures are little changed Wednesday ahead of the release of wholesale inflation data as earnings reports from banks and other major companies stream in.