U.S. stock market futures higher traded higher on Friday, getting a boost from a small earnings beat at Apple but with looming tariff developments threatening to upend the momentum. Dow Jones Industrial Average futures rose 113 points, or 0.3%, to 45168. S&P 500 futures gained 25 points, or 0.4%, to 6124.
Tech giant Apple could be hit hard if Donald Trump decides to unleash trade tariffs on China after the firm revealed a shock drop in iPhone sales in the Chinese market. Apple reported its total revenue from the Far Eastern nation registered £14.3 billion for the last financial year, an 11% decrease from the previous year.
The Trump tariffs could financially hit Apple's chip production partnership with TSMC, after the President insisted the import taxes will be applied to semiconductors and other specific industries in the near future.
Investing.com - U.S. stock futures pointed higher on Friday, with investors pouring through fresh tariff threats from U.S. President Donald Trump and a raft of tech earnings, including iPhone-maker Apple (NASDAQ:AAPL).
Trump's virtual appearance at the World Economic Forum annual meeting in Davos was full of promises and threats.
Cloudflare CEO Matthew Prince says the Trump administration should make cybersecurity defenses mission critical.
Smiths Group propped up the FTSE 100, rising more than 14% after the opening bell following news it had responded to activist investor calls to split up its business.
There are real opportunities to make revolutionary progress with AI right now. And they don’t require spending hundreds of billions of dollars.
Here are five key things investors need to know to start the trading day: 1. On the board. Stocks were set to trade higher Friday morning, fueled by encouraging earnings reports.
Within moments of Donald Trump announcing his new coin, traders made high-value bets that quickly paid off. Did they have an edge?
Tariffs that President Donald Trump plans to slap on imports from Canada and Mexico as soon as this weekend could drive up the price of everything from gasoline and pickup trucks, to Super Bowl
The yen was set for its best January performance since 2018 on Friday, driven by the expectation for Japanese interest rates to keep rising, while the Mexican peso and Canadian dollar held firm ahead of U.