Trump, tariffs and Stocks
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Key Takeaways Gap's stock sank Friday as the clothing retailer said it expects flat second-quarter sales, and that tariffs will hurt its full-year profits.The retailer's first-quarter results came in higher than expected,
Trump can still keep his trade war going and send market volatility soaring even if his agenda hits legal roadblocks, market experts said.
Nvidia results pleased investors and eased fears over China tariffs and separately a court ruled President Trump’s tariffs are illegal with the White House vowing to appeal and Elon Musk is officially done with DOGE.
There are, however, some businesses which may be better positioned to deal with tariff risks than others. While they aren't entirely immune to the effects of them, three stocks which can potentially be great buys even amid all this uncertainty include Walmart ( WMT -0.18%), Home Depot ( HD 0.03%), and Microsoft ( MSFT 0.30%). Let's take a look.
Britain's main indexes climbed on Friday, poised for weekly and monthly gains, despite a U.S. appeals court reinstating President Donald Trump's tariffs just a day after a trade court had ordered an immediate block on them.
US stocks ended higher despite tariff uncertainty. An appeals court reinstated Trump's tariffs for now. Strong Nvidia results lent stocks support.
Investors are weighing a court decision that blocked some Trump tariffs, Nvidia's earnings report, and Musk's renewed focus on Tesla.