Tesla Stock Heads for Weekly Gain. Why This China Graphite Tariff Could Affect EV Prices.

Charles Schwab said a surge in trading activity by its brokerage customers helped lift second-quarter profits by 60%. The company joined other banks and brokers in benefiting from a busy and volatile spring marked by investors’ reaction to President Trump’s ongoing trade war.

The S&P 500 and Nasdaq Composite ended little changed on Friday, overcoming a brief dip triggered by a Financial Times report indicating U.S. President Donald Trump was pushing for steep new tariffs on European Union products.

Donald Trump has escalated his demands in trade negotiations with the EU, pushing for a minimum tariff of 15 to 20 per cent in any deal with the bloc, according to three people briefed on the talks.

The boost in June was driven in part by a 1.2% rise in sales of autos and auto parts. Clothing sales also saw a significant increase of 0.9%. Categories including personal care, sporting and hobby

M said it expects a gross tariff impact of 20 cents a share for the full year, down from its prior projection of 60 cents a share, thanks in part to easing trade tensions between the U.S. and China. CEO Bill Brown said most of the materials maker’s tariff costs are related to China,

The steady decline of the dollar under President Donald Trump has led to a lot of hyperventilating about its role as the global reserve currency and threats posed by alternatives like the euro or whatever the BRICs have cooking.

(Reuters) -U.S. President Donald Trump is pushing for a minimum tariff of 15% to 20% in any deal with the European Union, the Financial Times reported on Friday, adding that the administration is now looking at a reciprocal tariff rate that exceeds 10%, even if a deal is reached.

"This is what the beginning of a new bull market looks like," Morgan Stanley's CIO said, adding that earnings look resilient and stocks should rally.