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.

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

Donald Trump's lawsuit names Dow Jones, The Wall Street Journal, media mogul Rupert Murdoch, and reporters Khadeeja Safdar and Joe Palazzolo as defendants.

U.S. stocks appear set for a negative opening on Thursday amid increasing tensions between the Trump administration and Federal Reserve Chair Jerome Powell, with investors processing an earnings-heavy week.

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.

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

Wall Street's main indexes moved lower on Friday after the Financial Times reported that President Donald Trump was pushing for steep new tariffs - at least 15% to 20% - on all European Union goods.