A flush of Boeing contracts and companies seeking to stock up ahead the Trump tariffs sent orders for U.S. durable goods soaring in March, but the strength is unlikely to last as trade wars begin to bite.
Telecom equipment maker Nokia is getting more business from a key U.S. client while tariffs are set to hit its profits, the company disclosed on Thursday.
Higher borrowing costs pressure the financial, technology and consumer-discretionary sectors.
American’s quarterly results beat forecasts but the profit view for the current quarter was on the downbeat side.
Louis Navellier: “I’m expecting up to four Fed rate cuts and then we’ll get this turbo boost.”
Toy company’s first-quarter results wow Wall Street. Its outlook excludes any impact of tariffs due to uncertainty over trade negotiations.