Stocks Surge on Trade Hope Amid China's Tough Stance

Reported 10 days ago

Stocks are rallying as Dow futures jump with hopes of new trade talks between the Trump administration and Japan. Despite the impending tariffs set to take effect, which could impact companies significantly, China has vowed to resist these tariffs. Levi's shares rose by 10% after positive earnings, while Walmart faces potential earnings pressure due to tariffs, leading some experts to predict a grim outlook for profit growth across the S&P 500 this year.

Source: YAHOO

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