Trump threatens 25% tariff on Apple
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Stock futures point to a lower open after President Donald Trump raises tariff concerns again and as investors eye Treasury yields as Trump's tax bill continues to travel through Congress and.
U.S. stock futures are pointing lower to end the week; President Trump says Apple must pay a "Tariff of at least 25%" on iPhones not made in the U.S.; and Intuit stock surges on the TurboTax parent's strong results and lifted outlook.
Stock market futures in the U.S. surged on Monday as the U.S. and China agreed to temporarily de-escalate their trade war.
US stock futures traded flat as investors faced the tough reality that despite trade tensions easing, President Trump's tariffs still ... say a slew of economic problems lie ahead, and new data ...
Strategists warned the move, announced after the market close on Friday, could spark some near-term selling in stocks and Treasurys.
Global markets are on edge as U.S. Treasury yields rise and stock futures slip, following the Moody's downgrade of the U.S. sovereign credit rating. Concerns over U.S. debt and potential new debt from tax cuts fuel the uncertainty.
U.S. equities fell at midday as President Donald Trump threatened tariffs on Apple iPhones and European Union products.