Donald Trump has followed through on his threat to sue Rupert Murdoch and his media companies over the Wall Street Journal ‘s report on a bawdy letter in his name that was included in an album given to Jeffrey Epstein for his 50th birthday in 2003.

U.S. President Donald Trump filed a lawsuit on Friday against Dow Jones, News Corp, Rupert Murdoch and two Wall Street Journal reporters, raising claims under federal libel law, court records show. A copy of the complaint was not immediately available.

After devastating new reporting from the Wall Street Journal, Trump filed a libel lawsuit Friday, seeking at least $10 billion in damages against the parent company of the WSJ, News Corp; its publisher,

The US President has launched the lawsuit against WSJ's parent company Dow Jones, denying that he sent a 'bawdy' message for Epstein's 50th birthday in 2003.

The lawsuit, filed in federal court in the Southern District of Florida, includes as defendants Dow Jones & Co. and its parent company, News Corp. It also names News Corp Chair Emeritus Rupert Murdoch, its chief executive, Robert Thomson, and two Journal reporters.

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.

Investors over the past few weeks have countenanced a barrage of tariff threats as the Trump administration has ratcheted up the pressure on U.S. trade partners ahead of its Aug. 1 deal deadline.

Trump’s tariffs and trade war continue to affect global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.

The moves come after Wall Street saw a winning session, with the S&P 500 posting fresh intraday and closing records.